Kvaerner Faces $125M U.S. Lawsuit
Kvaerner is reportedly facing a damages claim for $125 million following its repossession of a cruise ship four years ago.
Related News
06 Jan 2026
Kawasaki Heavy Industries to Build World's Largest Liquefied Hydrogen Carrier
Kawasaki Heavy Industries and Japan Suiso Energy have signed a contract to build the world’s largest liquefied hydrogen carrier…
04 Jan 2026
Venezuela to Cut Oil Output
Venezuela's state-run oil company PDVSA has begun cutting crude production because it is running out of storage capacity due to an ongoing U.S.
02 Jan 2026
Offshore Rig Outlook: As 2025 Challenges Fade, Path Ahead Brightens
While challenges linger from the 2025 offshore rig market, there are signs it will look brighter from late 2026 onwards.Main…
02 Jan 2026
Following Big Loss in 2025, Oil Steadies
Oil prices steadied on the first day of trade in 2026 after registering their biggest annual loss since 2020 as investors…
