News
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PTTEP taps Velesto jackup for 15-well campaign
Velesto Energy’s offshore drilling unit has clinched a significant contract with PTTEP for its jackup rig operations in Malaysia. The…
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TS Lines locks in up to 10 newbuilds at Huangpu Wenchong
Taiwan’s TS Lines is set to enhance its fleet with a significant newbuilding agreement with Huangpu Wenchong Shipbuilding, a prominent…
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Ørsted terminates deal for Cadeler’s newbuild
Cadeler, a Denmark-based offshore wind farm installation company, has faced a significant setback as Ørsted, a fellow Danish utility, has…
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EUROPE: Hydrogen and ammonia bulk carrier projects receive
Norway’s Enova has announced a significant investment of approximately $49 million (NOK 490.6 million) to support two innovative projects focused…
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MSC ramps up megamax expansion with $1.2bn shipbuilding deal in China
Gianluigi Aponte’s Mediterranean Shipping Company (MSC) is set to enhance its fleet with a significant new shipbuilding agreement in China.…
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Jinhui frees up capital with double leaseback deal
Jinhui Shipping and Transportation, a prominent player in the Chinese shipping industry, has finalized sale and leaseback agreements that will…
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INS Tamal Commissioned in Russia: A Symbol of Indo-Russian Naval Excellence and India’s Self-Reliance Vision
In a major boost to India’s maritime defense capabilities, the Indian Navy has officially commissioned INS Tamal, a state-of-the-art stealth…
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MOL Completes the Acquisition of LBC Tank Terminals
Mitsui O.S.K. Lines, Ltd. (MOL) has finalized the acquisition of all membership rights in LBC Tank Terminals Group Holding Netherlands…
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Austal Limited secures $488M for US shipbuilding expansion
Austal Limited has successfully obtained $488 million in new debt facilities to bolster its ambitious $1.2 billion capital expansion in…
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NH3 Clean Energy raises $710K to propel flagship ammonia
Australia’s NH3 Clean Energy, previously known as Hexagon Energy Materials, has successfully raised $710,000 to propel its WAH2 ammonia project,…
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