Fincantieri: 'Positive' Talks over French Acquisition
Fincantieri has had positive discussions with the European authorities before formally submitting its deal to buy France's Chantiers de l'Atlantique to antitrust scrutiny, the Italian shipbuilder's managing director said on Friday.Alberto Maestrini said Fincantieri was close to concluding the prenotification phase, which prepares the ground before formally informing the European Union's antitrust authorities.Lawyers say the prenotification period can last about a month…
Saudi Ship Leaves France Without Arms Cargo
A Saudi vessel that had been due to load arms in France left the country's Le Havre port without its cargo of weapons and is now sailing towards Santander in Spain…
DFDS Buys Two Freight Ferries for New Route
Danish roro ship operator DFDS secured a contract from Swedish paper producer Stora Enso to transport 700,000 tons of paper annually on a new route between Gothenburg…
Varde Buys VLCC from Landbridge
Global alternative investment firm Värde Partners and Landbridge VLCC International, a Hong Kong-based subsidiary of Chinese industrial company Landbridge Group…
China to Build Huge Luxury Cruise Ship
The China State Shipbuilding Corp (CSSC), the nation's largest shipbuilder, will build China’s first luxury cruise ship, which is expected to begin operations as early as 2021…
Natural Gas Consumption Up 10% in China
According to the preliminary estimate, the consumption of natural gas in China exceeded 27 million cubic meters in 2018, registering a YOY increase of more than 10%…
GC Rieber Sells Ernest Shackleton
Norwegian shipping company GC Rieber Shipping has completed the process of redelivery and sale of the icebreaking research vessel 'Ernest Shackleton' to the new…
U.S. Shale: World’s 2nd Cheapest Source of Supply in Oil
North American tight oil is emerging as the second cheapest source of new oil volumes globally, just shy of the Middle East onshore market, Rystad Energy said.The U.S.
Vard Bags CCG Concept Exploration Gig
The naval architecture and marine engineering company, Vard Marine announced that it has been awarded an engineering services contract for concept exploration with…
GustoMSC Delivers Chela to Maersk Drilling
GustoMSC, the developer of the Chela crane, has transferred the multi-functional arm to Danish offshore driller Maersk Drilling.GustoMSC, which designs and engineers…
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