Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), announced that its Hunt Valve operation has been awarded purchase orders totaling $96 million to provide valves in support of the

A few choice 'news of note' from other leading new sources around the globe - January 6, 2025.2025 Target: $18.5B in Shipbuilding Order According to Business Korea, HD Korea Shipbuilding & Offshore Engineering

Orders for vessels capable of using alternative fuels rose more than 50 percent in 2024, according to classification society Lloyd’s Register. "Shipowners continued to invest for a future of

In 2024, total natural gas consumption amounted to 311.7 TWh, Enagas said on Thursday. The decrease is mainly due to lower gas demand for power generation. Specifically,

Spark30S Atlantic freight rates increased by $1,250 to $24,750 per day, and Spark25S (Pacific) increased by $250 to $21,750, Qasim Afghan, Spark’s commercial analyst, told LNG Prime on Friday.

LNG Prime brings you the five most popular news on our platform during the week of December 30, 2024-January 5, 2025. 1) Norway’s Equinor has shut down its 4.3