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VT Halter Wins Historic $746m CG Contract

Apr 23, 2019

VT Halter Marine of Pascagoula, MS has emerged the victor in one of the most prized and coveted shipbuilding contracts in recent memory, a $746m deal to build the Coast Guard's lead Polar Security Cutter. If two additional ship options are exercised, the total deal could approach $2B.The U.S. Coast Guard and U.S. Navy, through an Integrated Program Office (IPO), awarded VT Halter Marine Inc., of Pascagoula…

Vladimir Rusanov Opens Northern Sea Route

Jul 26, 2019

Russian natural gas producer Novatek announced that the Arc7 ice-class LNG tanker 'Vladimir Rusanov' completed the Northern Sea Route (NSR) passage via the Eastern direction, delivering an LNG cargo from the Yamal LNG project, at the port of Sabetta…

Polaris Refuels in Finland

Feb 07, 2019

World’s first liquefied natural gas (LNG) icebreaker Polaris refueled for the first time at the Nordic countries’ largest LNG terminal in Tornio in the icy Röyttä Harbour.As of yet, LNG is the world’s most environmentally friendly ship fuel…

Current News

Oil Prices Drop To Lowest In a Year

Oil Prices Drop To Lowest In a Year

Coronavirus Delays Three Indonesian LNG Cargoes to China

Coronavirus  Delays Three Indonesian LNG Cargoes to China

Bumi Armada to Appeal Ruling in FPSO Case with Woodside

Bumi Armada to Appeal Ruling in FPSO Case with Woodside

Iran to Boost Gas Output Capacity with New Offshore Platform

Iran to Boost Gas Output Capacity with New Offshore Platform

Saipem in Saudi JV Push

Saipem in Saudi JV Push

Lebanon Set to Spud Its First Offshore Well

Lebanon Set to Spud Its First Offshore Well

Keppel Breaks FPSO Conversion Record

Keppel Breaks FPSO Conversion Record

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