Wozair appointed John Foley as Group Managing Director to the Board on January 1, 2022.Foley is an experienced senior executive who previously held positions as Managing Director, OTIS Elevator Co. in Norway and most recently, served as Managing Direct...
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American Cruise Lines Reveals Plan to Build 12 New Ships
U.S. river and coastal cruise shipping company American Cruise Lines announced plans for 12 new identical sister ships that will more than double the nation’s current capacity for domestic coastal cruises.The new U.S.-built fleet, announced…
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Wärtsilä to Power Seven New Arctic Shuttle Tankers
Wärtsilä will supply the main and harbor engines for a series of seven new arctic shuttle tankers being built at the Samsung Heavy Industries (SHI) yard in South Korea. The order, which is valued at more than EUR 100 million, was placed with Wärtsilä i...
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China Sinopec Tenders to Sell Up to 45 LNG Cargoes for 2022
China's Sinopec Corp has issued a tender to sell up to 45 cargoes of liquefied natural gas for 2022 deliveries, in a rare sell tender of the super-chilled fuel to take advantage of high Asian spot prices, said traders who were invited to bid.Under the ...
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Shipbuilding Interview: Rusty Murdaugh, President, Austal USA
Austal USA has been investing mightily, more than $600 million to expand its repair and services business for both commercial and military customers; and in the opening of a state-of-the-art steel panel line in Mobile to complement its established alum...
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Germany Signals it Could Halt Nord Stream 2 Pipeline if Russia Invades Ukraine
Germany signaled on Tuesday that it could halt the Nord Stream 2 pipeline from Russia if Moscow invades Ukraine, and Western nations rallied behind Kyiv over a Russian troop buildup that has stoked fears of war.Stepping up diplomacy after talks with Ru...
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Delfin Plans Louisiana Floating LNG FID in 2022
U.S. liquefied natural gas (LNG) developer Delfin LNG said it plans to make a final investment decision (FID) to go forward with its Gulf of Mexico floating LNG export project off Louisiana in 2022."This is the best macro-environment that the LNG busin...
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Diana Shipping Secures Charter Extension
Dry bulk shipping company Diana Shipping announced that it has extended the time charter contract with CLdN Cobelfret SA, Luxembourg, for one of its Post-Panamax dry bulk vessels, Polymnia.The Polymnia is a 98,704 dwt Post-Panamax dry bulk vessel…
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Rio Tinto Sees Soft Iron Ore Shipments in 2022
Rio Tinto forecast slightly weaker-than-expected 2022 iron ore shipments on Tuesday, citing tight labor market conditions and production delays from the new greenfields mine at Gudai-Darri project.The world's biggest iron ore producer said it…
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Torvald Klaveness Names Ernst Meyer CEO
Norwegian shipping company Torvald Klaveness announced that Ernst Meyer, currently serving as chief operating officer and managing director of Klaveness Ship Management, will succeed Lasse Kristoffersen as president and CEO of Torvald Klaveness from Ap...
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