The German government wants to buy two further frigates provided parliament approves the deal, Defence Minister Boris Pistorius said on Monday, as part of a policy shift to bolster its defences after Russia's full-scale invasion of Ukraine.Speaking in the Baltic port of Wolgast at a keel-laying ceremony for the first of four F126 frigates already ordered
At least five cargoes of LNG have diverted from Asia to Europe in the past few days, drawn by higher gas prices on the continent after Russia's Gazprom halted supplies to Austria's OMV, data from analytics firm Kpler showed.On Saturday Gazprom halted supplies to top Austrian gas importer OMV after OMV threatened to impound some of the Russian state firm's gas as compensation for an arbitration
Germany inaugurated on Monday a new multinational naval headquarters for the Baltic Sea capable of leading operations for NATO during a conflict, as the military alliance increases focus on the area amid rising tensions with Russia."Our message to our partners and to those who threaten our peace is simple: Germany stands firmly by its commitments
Dredging contractor Great Lakes Dredge & Dock Corporation announced it has received several dredging awards totaling $342.3 million.The awarded work includes:Sabine-Neches Waterway Channel Improvement, Contract 6 Project (Capital, Texas, $219.1 million)The Sabine-Neches Waterway Channel Improvement, Contract Project 6 involves the deepening of the channel to accommodate larger vessels
U.S. liquefied natural gas export terminals on the Louisiana coast may have escaped the brunt of Hurricane Francine and put off a major test of their ability to withstand a direct storm hit to another day.Francine was on track on Wednesday to lash south-central Louisiana, east of Cameron Parish that is home to several of the newly operating projects, with 90 mile-per-hour (145 kph) winds.
One of the United States' largest fleeting and shifting companies, Turn Services, headquartered in New Orleans, announced it has reached a deal to acquire Marine Fueling Service, a Texas-based provider of marine support services.Owned by the Bean family for over six decades, MFS provides fleeting, shifting, towing, boat charter, fuel, and lube services
Germany and eight other countries on the Baltic Sea aim to jointly procure naval mines, German Defence Minister Boris Pistorius said on Tuesday, as Russia is taking an increasingly assertive stance in the Baltic Sea region.Speaking to reporters on the sidelines of the NATO summit in Washington, Pistorius said Russia had been challenging the borders in the Baltic Sea time and again.
Germany sent two warships to the Indo-Pacific region on Tuesday in a bid to strengthen its military presence in the region amid rising tensions between China and Taiwan and over the disputed South China Sea.Those tensions were putting pressure on the freedom of navigation and free passage on trade routes, Defence Minister Boris Pistorius said at the northern German navy base in Wilhelmshaven.
U.S. exports of liquefied natural gas (LNG) fell for a fourth consecutive month to 6.19 million metric tons in April from 7.61 million in March on production outages, preliminary data from financial firm LSEG showed on Wednesday.Recurring mechanical problems have hit Freeport LNG, the second largest U.S. plant by capacity.
Great Lakes Dredge & Dock Corporation on Thursday announced the receipt of five dredging contracts totaling $173.7 million. The projects are in Texas, New Jersey, Florida and Louisiana.The Sabine-Neches Waterway Channel Improvement Project-Phase 1 (Capital, Texas, $62.8 million) includes dredging for channel deepening along the Sabine-Neches Waterway from Sabine Bank Channel to Sabine Pass