Flex LNG Ltd. reported steady third-quarter results for 2025, with a continued focus on maintaining its modern fleet of 13 large LNG carriers at peak operational and financial efficiency.Vessel operating revenues held firm at $85.7 million, with an ave…
Flex LNG Keeps Fleet Busy Amid Soft Market Read More »
Fincantieri reported strong financial and commercial performance through the first nine months of 2025, with revenue up 20% year-over-year to €6.7 billion and EBITDA rising 40% to €461 million. The company’s orderbook surged to record levels…
Fincantieri Posts Strong Revenue and Order Growth, Record €61 Billion Workload Read More »
Eneos Holdings, Japan’s top oil refiner which has been expanding into renewable energy, on Wednesday warned of the surging cost of developing its offshore wind project, with its CEO saying returns were difficult to achieve.Eneos unit, Japan Renewable E…
Eneos Warns on Skyrocketing Costs fo Offshore Wind Read More »
Fuel-agnostic and suitable for newbuilds and retrofit, Organic Rankine Cycle waste heat recovery systems are making headway as an energy-efficiency measure.Market prospects are looking so good for waste heat recovery systems that Orcan Energy…
In the Search for Ship Energy Efficiency, Don’t Forget Waste Heat Read More »
Newbuilds expand AET’s dual-fuel fleet to all of its sectors: Aframaxes, Shuttle Tankers, Suezmaxes and Very Large Crude Carriers (VLCCs)AET signed shipbuilding agreements with Samsung Heavy Industries (SHI) for the construction of two LNG dual…
AET Orders Pair of LNG Dual-Fuel Vessels from SHI Read More »