According to a Dec. 16 report from Platts, South Korea's Daewoo Shipbuilding and Marine Engineering won a $1.3b deal with U.S. energy firm Chevron Corp. to build an offshore gas-producing platform.
The first of nine Damen Stan Patrol 3007s ordered by the Royal Bahamas Defense Force has arrived at Damen Shipyards Gorinchem in the Netherlands for outfitting.
Capital expenditure (Capex) on global LNG facilities is expected to total $259 billion (bn) over the period 2015-2019, with investments expected to be 88% larger
The new shipyard facility of Honghua Offshore Oil & Gas Equipment Company in Jiangsu, China, has launched its first ship, an IMT982 Platform Supply Vessel. The vessel,
Port workers in part of the Argentine grains hub of Rosario lifted a work stoppage on Friday, only a day after they went on strike over demands for higher year-end bonuses, a union official said.
Henrik O. Madsen appointed chairman of the executive board of the Research Council of Norway
DNV GL president and CEO Henrik O. Madsen was appointed as chairman
Investors looking for returns in the tanker markets can invest their capital in a variety of ways. Should an owner invest in a VLCC or an Aframax? How about an