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  • 6 February 2019

    Intercontinental Exchange, the operator of global exchanges and clearing houses and provider of data and listings services, reported record trading in TTF Natural Gas and JKM LNG (Platts) contracts.

  • 5 February 2019

    French LNG operator Elengy, a unit of the energy giant Engie, reported record activities at its liquefied natural gas terminals during 2018. 

  • 1 February 2019
    Business & Finance

    Samsung Heavy Industries cancelled a contract for the construction of three special-purpose ships.

  • 31 January 2019
    Business & Finance

    Since the end of 2017, Navios Maritime Containers has grown its fleet capacity by 72% on a TEU basis.

  • 24 January 2019

    Russia’s largest independent natural gas producer and Yamal LNG operator Novatek reported a total SEC proved reserves at 15.8 billion barrels of oil equivalent as of December 31, 2018, 4 percent above the year-end 2017 reserves. 

  • 17 January 2019
    Business & Finance

    Forman was fined 338.000 Brazilian reals in 2016 for insider trading

  • 3 January 2019

    Polarcus, a Dubai-based seismic contractor, has seen an increase in its vessel utilization during the fourth quarter of 2018. The vessel activity also increased on a full year basis from 77 percent in 2017 to 87 percent in 2018. Quarterly vessel utilization was at 96 percent compared to 68 percent in the fourth quarter of […]

  • 28 December 2018
    Infrastructure

    Brazilian giant Petrobas recorded a decrease in its production during November due to maintenance of several assets located offshore Brazil.  Petrobras informed on Thursday, December 27 that in November its total production of oil and gas, including natural gas liquids (NGL), was 2.62 million barrels of oil equivalent per day (boed), 2.52 million boed produced […]

  • 29 November 2018

    Höegh LNG Partners, the Bermuda-based limited partnership formed by Norway’s floating giant Höegh LNG, reported a jump in net profit for the quarter ended September 30, 2018. 

  • 20 November 2018

    Malaysian LNG shipping giant MISC, a unit of Petronas, said on Monday its liquefied natural gas business logged a 14.9 percent decrease in revenue in the third quarter of this year. MISC’s LNG fleet of 27 carriers and two FSUs earned 595.9 million ringgit ($144.4m) in the quarter that ended September 30 as compared to […]

  • 14 November 2018
    Business & Finance

    After a profitable second quarter, Team Tankers International closed the third quarter of 2018 reporting net loss.

  • 6 November 2018

    Nasdaq-listed Golar LNG Partners, a limited partnership formed by Golar LNG, reported a net income of $49.0 million for the third quarter of the year. 

  • 6 November 2018
    Business & Finance

    Siemens Gamesa Renewable Energy (SGRE) reported an offshore wind turbine order intake totalling 2,272MW in its fiscal year 2018 – 31% more than in FY 2017 – with a total value of approx. EUR 2.78 billion.

  • 5 November 2018
    Business & Finance

    Monjasa unveils a new credit agreement in the US on the back of positive sales volume developments across the Americas.

  • 31 October 2018
    Business & Finance

    Qatar Navigation (Milaha) ended the first nine months of 2018 with a profit increase of more than 10 percent. 

  • 29 October 2018
    Operations & Maintenance

    Equinor and partners Eni and Petoro have completed the Skruis exploration well in the Johan Castberg licence, and confirmed a volume of 12-25 million recoverable barrels of oil in the well. “This is an important discovery. It helps to determine the size of the Johan Castberg resource base which is currently being developed. Securing resources […]

  • 19 October 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    The participants of the Sustainable Energy at Sea PORTS ([email protected]) project have met to present the technical progress made in the initiative looking to integrate wave energy converters at seaports as they discussed the next step forward.

  • 16 October 2018

    Malaysian Bumi Armada has refuted broker reports that linked it to the purchase of VLCC Front Ariake. 

  • 3 September 2018
    Business & Finance

    On Friday, September 7th, the Subcommittee on Water Resources and Environment will meet to receive testimony from the U.S. Army Corps of Engineers (USACE) on Chief’s Reports received from USACE, the U.S. House of Representatives said in its release.  Congressional review of these reports, along with an explanation of the process by which USACE develops its projects, […]

  • 28 August 2018

    Flex LNG, the company controlled by billionaire John Fredriksen and an emerging player in the LNG shipping business, reported losses as its newbuild carrier Flex Enterprise saw low utilization. 

  • 23 August 2018
    Business & Finance

    Royal BAM Group today presented the most important key figures of the first half-year 2018, reporting the 1H18 adjusted pre-tax result of €57.8 million. The company also reported that the total order book rose by €0.2 billion in the first half of 2018, mainly due to the award of the Afsluitdijk project in the Netherlands. Rob van […]

  • 23 August 2018

    LNG shipper Golar saw its second-quarter income figures bounce back from a loss in the previous quarter. 

  • 2 August 2018
    Business & Finance

    Orion Group Holdings, Inc. has just reported net income of $2.2 million for the three months ended June 30, 2018. These results compare to net loss of $2.3 million for the same period a year ago. “We are pleased with our results for the second quarter,” said Mark Stauffer, Orion Group Holding’s President and Chief Executive Officer. “Our Marine segment performed […]

  • 1 August 2018
    Business & Finance

    Navios Maritime Containers decides to acquire a 2009-built containership, continuing its boxship buying spree.

  • 27 July 2018
    Business & Finance, Equipment

    Dril-Quip has reported net loss of $3 million, or $0.08 per diluted share, for the three months ended June 30, 2018, versus net income of $15 thousand for the second quarter of 2017. Total revenues were $95 million during the quarter, down 26 percent compared to $128 million for the same period in 2017 and […]