CEO Vincent Clerc stresses it remains open only to opportunistic asset purchases following the failed pursuit of Israeli liner firm
Maersk cools M&A ambitions after losing Zim bidding war Read More »
Coal shipments to Japan, South Korea and the European Union rose 27% year-on-year in April as tight gas supplies and disruption to LNG shipments prompted buyers to seek alternative fuel sources for electricity generation, shipping association…
LNG Supply Disruptions Drive Surge in Coal Shipments, BIMCO Finds Read More »
South Korea’s Hanwha Ocean and Canadian marine bearing manufacturer Thordon Bearings have signed a memorandum of understanding (MoU) to explore cooperation on Canada’s submarine procurement program and other naval projects.The agreement focuses on the …
Hanwha Ocean Partners with Thordon Bearings on Canadian Submarine Bid Read More »
German marine propulsion manufacturer SCHOTTEL has been selected to supply rudder propellers for two liquefied natural gas (LNG) bunkering vessels being built for Shanghai International Port Group in China.The vessels, each with a loading capacity of 2…
SCHOTTEL to Supply Propellers for Chinese LNG Bunkering Vessels Read More »
Italy’s energy giant Eni has revealed the results of a drill stem test (DST) that was carried out for its recent natural gas discovery off the coast of Indonesia, which confirmed reservoir productivity, strengthening the case for a third Kutei Basin hu…
Giant Southeast Asian gas discovery passes test with flying colors Read More »