Keppel Shipyard announced today they have signed a conditional contract with Golar LNG to perform the world’s first-of-its-type conversion of an existing Moss-type LNG carrier, the Hilli, into a Floating Liquefaction Vessel (FLNGV).
Golar LNG is funding this conversion through the offering of 11,000,000 shares of its common stock at a price of $54.00 per share.
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(Bloomberg) — The biggest labor union at South Africa’s state-owned port and rail company are starting final talks with a third-party arbitrator to resolve a wage dispute and stave off...
Russia has announced a RUB 500bn ($6bn) plan to revitalize domestic shipbuilding. The National Strategy for the Development of the Shipbuilding Industry outlines an extensive program to add 1,637 merchant vessels to its fleet by 2036.
Italian shipbuilding giant Fincantieri S.p.A. reported unprecedented growth in the first quarter of 2025, with EBITDA surging 54% to €154 million and total backlog reaching a record €57.6 billion. The...
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