According to a statement by Excelerate, the milestone was achieved on December 28, 2024, onboard its 138,000-cbm FSRU Excellence which received a cargo delivery from Maran Gas Maritime’s LNG carrier, ...
NextDecade gets $175 million loan for Rio Grande LNG
NextDecade's unit Rio Grande LNG Super has entered into a credit agreement with General Atlantic Credit's Atlantic Park Fund that provides for the senior secured loan. According to a
NFE says Andrew Dete will no longer serve as president
Dete, who along with Leandro Cunha and Jeremy Dawson has been jointly responsible for NFE's business in Brazil (Hygo), has transitioned to an external role acting under a consulting agreement ...
FMD’s Hunt Valve Wins $96M in POs for Submarine Valves
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), announced that its Hunt Valve operation has been awarded purchase orders totaling $96 million to provide valves in support of the
Maritime News Roundup: Shipbuilding, Wreck Removals and Subsea Security
A few choice 'news of note' from other leading new sources around the globe - January 6, 2025.2025 Target: $18.5B in Shipbuilding Order According to Business Korea, HD Korea Shipbuilding & Offshore Engineering
LR: alternative-fueled ship orders rose 50 percent in 2024
Orders for vessels capable of using alternative fuels rose more than 50 percent in 2024, according to classification society Lloyd’s Register. "Shipowners continued to invest for a future of