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Monthly Archives: November 2021

Viasat Buys Inmarsat for $7.3 Billion

Viasat agreed to buy British rival Inmarsat on Monday in a $7.3 billion deal to broaden the U.S. based company’s satellite and land-based communications services.The takeover of London-based Inmarsat comes just two years after it was taken private…
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MOL Bulk Carrier to Trial Rotor Sails

Japanese shipping company Mitsui O.S.K. Lines, Ltd. (MOL) said it has entered into an agreement with mining company Vale International SA to install and trial rotor sail wind propulsion units on one of its a 200,000-ton class in-service bulk…
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Scandlines Orders Zero-emissions Ferry from Cemre

Denmark-headquartered Scandlines said it has entered into a contract with Turkey's Cemre Shipyard to build an emissions-free freight ferry for the Puttgarden-Rødby route. The ferry will enter service in 2024.With a crossing time of one hour, the ferry ...
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US Navy Oiler Harvey Milk Launched

San Diego shipbuilder General Dynamics NASSCO christened and launched the future USNS Harvey Milk (T-AO 206), the second ship for the U.S. Navy’s John Lewis-class fleet oiler program.In 2016, General Dynamics NASSCO was awarded the contract by the U.S.
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Offshore Wind Vessel Firm Edda Wind Plans Oslo IPO

Offshore wind vessel company Edda Wind, owned by Wilhelmsen and Østensjø, on Monday announced plan to launch an offering of shares in the company and to apply for a listing on the Oslo Stock Exchange (the “IPO”).Based in Haugesund, Norway, Edda Wind de...
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Coral Sul FLNG Project on Track, Eni Says

Claudio Descalzi, CEO of the Italian oil and gas giant Eni on Friday met with Filipe Nyusi, President of Mozambique, where Eni is working to develop giant offshore gas reserves using a floating LNG unit.Descalzi updated President Nyusi on the Eni-led C...
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