GTT announced that it has received, in the fourth quarter of 2025, an order from the shipyard Samsung Heavy Industries for the tank design of two new Liquefied Natural Gas Carriers (LNGCs) on behalf of the ship-owner Purus. GTT will be responsible…
GTT Receives Tank Design Order for Samsung Heavy Industries LNG Carriers Read More »
When we interviewed Saronic Co-Founder and CEO Dino Mavrookas late last year, he insisted that Saronic’s mission was to deliver commercially viable autonomous vessels first, and in turn parlay that into a ready package for defense. That vision…
HOS, Saronic Link Up to Trial Autonomous Vessels Offshore Read More »
German warship maker TKMS has submitted a non-binding bid for smaller peer German Naval Yards (GNYK), the company told Reuters on Thursday.”Discussions between our two companies will continue with an open outcome,” TKMS said in an emailed statement, wi…
TKMS Submits Non-Binding Bid to Buy German Naval Yards Read More »
Oil prices rose about 2% on Thursday after two days of declines as investors assessed developments in Venezuela and on worries about supplies from Russia, Iraq and Iran.Brent futures rose $1.21, or 2%, to $61.17 per barrel at 11:17 a.m. EST (1617 GMT),…
Oil Prices Rise 2% Amidst Venezuela Conflict, Supply Concerns Read More »
A Russia-bound oil tanker suffered a drone attack in the Black Sea that prompted it to request Turkish coastguard assistance and divert from its course, according to a notice by Lloyd’s List Intelligence and a separate maritime security source…
Russian-Bound Tanker Struck in Black Sea Drone Attack Read More »