According to a filing with the US SEC on Monday, the company is offering 50 million of its Class A common stock priced between $40 and $46 each. Upon
Grounded bulker Algoma Verity successfully refloated
U.S. Coast Guard Fifth District reported Saturday that the M/V Algoma Verity had been refloated and was moored at Tioga Marine Terminal, approximately two miles north of Philadelphia’s Benjamin Franklin Bridge on
Fincantieri and Hera Group Set Up Unit for Shipyards Waste Management
Fincantieri and Hera Group have established CircularYard, a new company aimed at developing an innovative integrated waste management system in Fincantieri's eight Italian shipyards with an approach based on the circular economy.The
Newbuild Tug Joins McAllister Towing’s Fleet
New-York-based McAllister Towing and Transportation Company has welcomed a newbuild tractor tug to its fleet under the name of Isabel McAllister.The christening and the launch ceremony for the newbuild tug took place
Glamox to Illuminate Fjord1’s Autonomous Ferries
Lighting solutions specialist Glamox has booked a contract to light four Fjord1’s autonomous-ready ferries, expected to be the first in the world to operate independently of human intervention.Glamox was awarded the lighting
HD Hyundai Heavy and Peru’s SIMA kick off warship construction project
In a Jan. 10 ceremony, South Korea’s HD Hyundai Heavy Industries (HD HHI) and Peru’s state-run SIMA shipyard formally marked the start of construction of four warships of three different types: frigate,
Russia Accuses Ukraine for Attempted Attack on TurkStream Gas Pipeline
Russia said on Monday it had downed nine Ukrainian drones that tried to attack part of the infrastructure of the TurkStream gas pipeline, through which Russian gas flows to Turkey and Europe.The
Scienco/FAST, UniBallast Parnter to Launch the InTankFITT Container BWTS
Scienco/FAST and UniBallast, B.V. launched the portable InTankFITT Container, a containerized version of its filterless Ballast Water Treatment System (BWTS), InTank.Designed to address the growing regulatory and operational challenges in ballast water management…
India’s HPCL to launch commercial ops at Chhara LNG terminal
"HPCL has brought its first cargo, and the terminal will start the commercial operations shortly," the unit of state-owned ONGC said on Monday. LNG Prime reported on January 9,
PaxOcean, Hyundai LNG Shipping ink partnership deal
According to a social media post by PaxOcean, the deal was signed in Batam, Indonesia, on December 25, 2024. "This partnership embodies a shared vision to leverage our combined
China’s 2024 gas imports up 9.9 percent
Natural gas imports reached 131.69 million tonnes in 2024, the data from the General Administration of Customs shows. The world’s largest LNG importer paid about $64.3 billion for these
PetroVietnam Power fires up LNG power plant
The first ignition milestone took place on January 11, according to a statement by PV Power. PV Power said this is the first time imported LNG has been introduced
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