Seoul-listed South Korean shipbuilder Samsung Heavy Industries (SHI) sunk into the red in the second quarter, on increased costs and one-off losses.SHI said in a regulatory filing that it posted a net loss of 142.7 billion won ($126 million) in the sec…
Samsung Heavy Industries Post Quarterly Loss Read More »
Based on Westwood’s latest analysis of sanctioned and upcoming projects, global FLNG capital expenditure (Capex) is projected to total $52.8 billion (bn) over the 2019-2024 period.As LNG exports take a foothold in the US, investment in floating…
USD 53 bln of FLNG Investment during 2019-2024 Read More »
Nearly 6,500 Sailors of the Harry S. Truman Carrier Strike Group (HSTCSG) arrived in Naval Station (NS) Norfolk, Virginia, July 21.The aircraft carrier USS Harry S. Truman (CVN 75) and strike group ships USS Normandy (CG 60), USS Arleigh Burke…
Truman Strike Group Returns to Norfolk, Remains Ready Read More »
Hikawa Maru, which is owned by Nippon Yusen Kabushiki Kaisha (NYK)x, has been recognized by the Japan Society of Naval Architects and Ocean Engineers (JASNAOE) as a cargo-passenger ship that conveys the story of maritime technology in the early Showa e…
Hikawa Maru’s Technological Links to Showa Era Read More »
The international contractor of offshore deepwater drilling services Ocean Rig UDW has entered into a new drilling contract with Chariot Oil & Gas Limited for a one-well drilling program, for drilling offshore Namibia.The contract is expected…
Ocean Rig Announces New Contracts Read More »