Kongsberg Maritime has been hired as the lead integrator for hybrid and propulsion upgrade of the Norwegian Coastal Administration's (NCA) hybrid vessel OV Bøkfjord.The project will include installation of Kongsberg Maritime's electric

Calcasieu Pass produced its first LNG on January 19, 2022, moving from FID to LNG production in 29 months, and the first commissioning cargo left the facility on March 1, 2022. However, Venture

Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, has signed a contract with the Indonesian Maritime Security Agency (BAKAMLA) for the construction of an offshore patrol vessel (OPV).The vessel will

The multi-purpose vessel Prima Verde, said to be the world’s first vessel able to run on marine gas oil (MGO) and wind assisted propulsion simultaneously, has been delivered.Operated by Mitsui O.S.K. Lines

The UK-based firm said its adjusted earnings reached $3.66 billion in the fourth quarter, down compared to $7.3 billion in the comparable quarter last year. Adjusted earnings dropped 39 percent compared