The surge in the spot price of liquefied natural gas (LNG) has dragged seaborne thermal coal prices higher, but only for the higher quality grades that can substitute for natural gas in power generation.The spot price of LNG in Asia more than…
‘Quality’ Coal Rallies as LNG Spikes Read More »
ABB has won a contract to deliver a fully integrated electrical power, propulsion and automation system for two hybrid-electric cable repair vessels being built for French shipowner Orange Marine at Colombo Dockyard PLC in Sri Lanka.The vessels…
ABB inks Deal for Orange Marine Cable Repair Newbuilds Read More »
New software module enables seamless, low risk integration between navigation and combat systems Anschütz introduced a major enhancement to its SYNAPSIS integrated navigation platform. A newly developed, defined data interface now connects SYNAPSIS…
SYNAPSIS integrates AEGIS Combat System Read More »
N-Sea Group has entered into a long-term charter agreement with Rederij Groen for the newbuild offshore support vessel Dominus, which is being constructed by PASSER at Shipyard De Hoop in Tolkamer, the Netherlands.Construction of the vessel…
N-Sea Expands Fleet with Offshore Support Vessel Newbuild Read More »
Oil prices plummeted 7% on Tuesday after soaring to a more than three-year high in the previous session as U.S. President Donald Trump predicted the war in the Middle East could end soon, easing concerns about prolonged disruptions to oil supplies.Bren…
Oil Drops 7% After Trump Predicts War Could End Soon Read More »