Ultra Maritime has secured a USD$54.6 million (£40 million) contract from the UK Ministry of Defense (MoD) to deliver sonobuoys for the Royal Navy’s Merlin Maritime Patrol Helicopter—significantly strengthening the UK’s undersea surveillance…
Ultra Maritime Secures $54m Contract for Sonobuoys from the UK Ministry of Defense Read More »
The Panama Canal marked a significant milestone on Monday with the inaugural transit of the Neopanamax cruise ship, Disney Adventure, the largest passenger vessel by capacity and gross tonnage ever to transit the interoceanic waterway.The passage of th…
Cruise Ship Makes Record Panama Canal Transit Read More »
GTT announced that it has received, in early 2026, an order from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for the tank design of four new Liquefied Natural Gas Carriers (LNGCs).The LNGCs will be built by the shipyard HD Hyundai Heavy Indu…
GTT Receives LNG Carriers Tank Design Order From HD KSOE Read More »
Growing electricity demand from AI and data centres, together with rising fuel use in Asia and European gas needs could turn an expected global liquefied natural gas supply glut into a shortage by 2030, Qatar Energy CEO Saad al-Kaabi said on…
Electricity Needs for AI, Data Centers May Turn LNG Glut into Gap by 2030 Read More »
Venezuela’s oil exports bounced to some 800,000 barrels per day (bpd) in January under U.S. control, from 498,000 bpd in December, following the capture of President Nicolas Maduro and the end of an oil blockade on the country, which has allowed trader…
Venezuelan Oil Exports Increase to 800,000 bpd in January Under US Control Read More »