Bitcoin Price Falls Below $70,000 On Oil Spike, Fed Hold

GTT Bags Hanwha Ocean’s Contract to Design Tanks for LNG Carriers

French engineering specialist GTT has secured an order from Hanwha Ocean shipyard for the tank design of seven new liquefied natural gas (LNG) carriers.GTT will design the cryogenic tanks of the vessels,

Read more: %s

Petrovietnam Agrees First-Ever LNG Term Deal with Shell

State-owned Petrovietnam Gas has awarded its first-ever term supply tender seeking liquefied natural gas (LNG) to energy major Shell, which will deliver the super-chilled fuel to Vietnam from 2027 to 2031.The five-year

Read more: %s

Danish Shipping Targets Seafarer Training

Danish Shipping has presented its strategy for the coming five years titled “Charting the Course.”Overall, the strategy aims to strengthen Denmark and the Danish flag as the home base for Danish shipping

Read more: %s

Venezuela, US in Talks to Export Venezuelan Oil to US

Venezuelan and U.S. officials are discussing exporting Venezuelan crude to refiners in the United States, five government, industry and shipping sources told Reuters on Tuesday.Venezuela has millions of barrels of oil loaded

Read more: %s

Bourbon Completes Financial Overhaul Under New Ownership

French offshore marine services company Bourbon has completed a financial and capital restructuring, with Davidson Kempner Capital Management LP and Fortress Investment Group becoming its majority shareholders.The restructuring marks the start…

Read more: %s

Jereh Group Delivers Oil Separation Systems for Petrobras’ FPSO Units

Chinese multinational oilfield equipment and services provider Jereh Group has delivered slop treatment units and oil purifiers to CIMC Raffles for Petrobras’ P84 and P85 floating production storage and offloading (FPSO) units,

Read more: %s

Dutra Group Reshuffles Top Management

The Dutra Group, a California-based heavy civil marine contractor, has made a series of senior executive promotions across its core operations and newly acquired subsidiary, as it strengthens management capacity to support

Read more: %s

Gladding-Hearn Delivers High-Speed Pilot Boat to Maryland Pilots

The Association of Maryland Pilots has taken delivery of a new Baltimore Class pilot boat from Gladding-Hearn Shipbuilding.The vessel is a sistership to the first of its class delivered four years earlier.Built

Read more: %s

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, marking a step toward the commercialization of an international hydrogen supply chain.The vessel