South Korea’s largest port is set for huge expansion, taking over quayside at a nearby city. South Korea’s oceans ministry unveiled plans today to invest KRW14trn ($9.75bn) through 2045 to upgrade Busan port. South Korea […]
MSC Alphaliner is reporting another big order from the world’s largest containerline, taking the orderbook at Mediterranean Shipping Co (MSC) past the 2m teu mark. MSC has tapped one of its new favourite yards, Hengli […]
Beitveit Holding Marine geoscience and offshore construction support player Next Geosolutions (NextGeo) is expanding its fleet with the acquisition of a multipurpose survey vessel (MPSV) from Norway’s Beitveit Holding. The Milan-listed company, part of Naples-based […]
MOL Mitsui OSK Lines (MOL) has beefed up its orderbook with a new deal for newcastlemax bulk carriers in China. Newbuilding brokers say the Japanese shipping giant has contracted four 210,000 dwt units at leading […]
Odfjell Norway’s Odfjell is boosting its owned fleet through a purchase option on four vessels it currently has on long-term lease deals. The move will see the Oslo-listed chemical tanker owner and operator add a […]
Milongo announced on Tuesday during the World LNG Summit and Awards in Berlin that he had recently been appointed as the head of LNG trading and origination at BP. He declined to comment the appointment […]
Data source: U.S. Energy Information Administration, Natural Gas Monthly Note: 2024 YTD=Jan–Aug Five states produced more than 70% of the record 113.1 billion cubic feet per day (Bcf/d) of U.S. marketed natural gas production in 2023. Texas accounted […]
How to read the tea leaves on Syria’s new leaders. Hani Alagbar was beaming with joy and packing his bags on Sunday morning soon after Bashar al-Assad’s government was toppled by former al Qaeda affiliate […]
The UK’s top climate bureaucrat is alarmingly ignorant about climate science, the costs of reaching net zero, and how her committee is strangling Brits with regs. Emma Pinchbeck, the new chief executive of the UK’s […]
Cruise was supposed to generate $50 billion in revenues by 2030, according to GM’s former hype, which Wall Street ate up. By Wolf Richter for WOLF STREET. General Motors announced Tuesday afternoon, after blowing $10 billion on its […]
Copyright © 2025 | Sandstone Group