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Monthly Archives: January 2022

Wozair Appoints New Group MD

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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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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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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