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LNG

SHI Wins Order For LNG Carrier Pair From Celsius

South Korean shipbuilding giant Samsung Heavy Industries(SHI) has won a new order to build two liquefied natural gas (LNG) carriers from Copenhagen-based Celsius Tankers.The shipbuilder said the first order for two 180,000 cbm LNG Tankers is worth 419 billion won (USD376mln). The vessels are scheduled for delivery in 2021.The…

Crowley Continues Strong Start to 2019 with Arrival of 1,500 New Containers

To better serve its diverse customer base, Crowley Logistics has invested almost $30 million in new cargo carrying equipment over the last year. The latest arrivals under this acquisition include 1,500, 45-foot (102-inch wide) dry container units, which are being delivered to multiple port locations where they will be assimilated…

5 Shipping Stocks Your Portfolio Must Have in 2019

The shipping industry is responsible for transporting the majority of goods involved in world trade and is rightfully considered as the life line of the global economy. However, trade related conflict between the United States and China dealt a severe blow to the industry in the second half of 2018.Recent positive developments…

Buy or Sell? Quant Data Scores in Focus for Ruth’s Hospitality Group, Inc. (NasdaqGS:RUTH), Flex

Ruth’s Hospitality Group, Inc. (NasdaqGS:RUTH) has a Q.i. Value of 27.00000. The purpose of the Q.i. Value is to help identify companies that are the most undervalued. Typically, the lower the value, the more undervalued the company tends to be. The Q.i. Value ranks companies using four ratios. These ratios consist of EBITDA Yield, FCF Yield, Liquidity, and Earnings Yield.

11 people die as vessels in Kerch Strait catch fire

Eleven people died after two liquefied natural gas (LNG) tankers, bearing Tanzania's flag, in the Kerch Strait caught fire on Monday.Sailors from India and Turkey were on board the vessels when the incident occurred. There were 31 crew members in total on both the vessels, Russia's Federal Agency of Maritime and River Transportation (Rosmorrechflot) told Sputnik.Out of the crew members…

Shale Oil

Green campaigners condemn disgraceful North Sea gas discovery hailed as biggest in a decade

Green campaigners have been left dismayed as a Chinese firm announced the discovery of the biggest gas field in the North Sea for more than a decade.Drilling revealed gas reserves equivalent to 250 million barrels of oil, which could go a long way to supplying the UKs demand.But with the nation facing strict targets to cut greenhouse gas emissions under the Paris climate agreement…

Engineers program marine robots to take calculated risks

We know far less about the Earths oceans than we do about the surface of the moon or Mars. The sea floor is carved with expansive canyons, towering seamounts, deep trenches, and sheer cliffs, most of which are considered too dangerous or inaccessible for autonomous underwater vehicles (AUV) to navigate.But what if the reward…

DHT Holdings Inc. (DHT) and Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) Comparison side by side

DHT Holdings Inc. (NYSE:DHT) and Seanergy Maritime Holdings Corp. (NASDAQ:SHIP), both competing one another are Shipping companies. We will contrast their risk, analyst recommendations, institutional ownership, profitability, dividends, earnings and valuation. Earnings & ValuationGross RevenuePrice/Sales RatioNet IncomeEarnings…

Financial Contrast: Ship Finance International (SFL) and Scorpio Bulkers (NYSE:SALT)

Ship Finance International (NYSE:SFL) and Scorpio Bulkers (NYSE:SALT) are both small-cap transportation companies, but which is the superior investment? We will contrast the two companies based on the strength of their earnings, risk, profitability, valuation, dividends, institutional ownership and analyst recommendations.

DHT Holdings, Inc. (NYSE:DHT) to announce fourth quarter 2018 results on Wednesday February 6, 2019

HAMILTON, BERMUDA, January 29, 2019 - DHT Holdings, Inc. (NYSE:DHT) will release its fourth quarter 2018 results after market close on Wednesday February 6, 2019.The company will host a conference call and webcast which will include a slide presentation at 8:00 a.m. EST/14:00 CET on Thursday February 7, 2019 to discuss the results for the quarter.

Offshore Oil

Sea Giraffe radar selected for USNS Herschel 'Woody' Williams

Aug. 2 (UPI) -- The U.S. Navy has selected Saab's Sea Giraffe AMB Multi Mode Radar for the Navy's Expeditionary Sea Base-class ship USNS Hershel "Woody" Williams.The selection, announced Wednesday by Saab, includes the company's 9LV Naval Combat System for radar control and display along with Identification Friend or Foe Systems.The system is already in use with the U.S.

US Prepares for Battle Over Venezuelan Oil Refiner Citgo

the country. 49% of it is owned by Russia’s Rosneft as collateral for loans. from getting paid. frozen account that PDVSA cannot access. contracts which are no longer tenable amid the US sanctions.

Diamond Offshore Drilling (DO) Lowered by Zacks Investment Research – BharataPress

Zacks Investment Research downgraded shares of Diamond Offshore Drilling (NYSE:DO) from a buy rating to a hold rating in a research report released on Friday. According to Zacks, “Diamond Offshore’s technologically advanced and versatile drilling fleet enables it to stay ahead of its peers in a market, where offshore rig demand is expected to surge through 2025.

Fossil fuel regulation rollbacks carry cost | News, Sports, Jobs

BILLINGS, Mont. — As the Trump administration rolls back environmental and safety rules for the energy sector, government projections show billions of dollars in savings reaped by companies will come at a steep cost: more premature deaths and illnesses from air pollution, a jump in climate-warming emissions and more severe…

How China Could Trick (and Sink) the U.S. Navy With Ultraquiet Submarines

Word has it  that Chinas Peoples Liberation Army Navy (PLA Navy) has staged a breakthrough in submarine propulsion. At any rate, thats the word from marine engineer  Rear Admiral Ma Weiming , a specialist in electromagnetic systems. Admiral Ma recently reported on state-run CCTV that shipwrights are installing shaftless rim-driven pumpjets in Chinas next-generation nuclear submarines…

Disel

Zac Efron and Michelle Rodriguez confirm romance

414View commentsZac Efron and Michelle Rodriguez have finally confirmed rumours they are dating after they were pictured kissing on holiday in Sardinia.The 26-year-old hunk and the openly-bisexual actress enjoyed a PDA as they cosied up to one another on a yacht on Saturday.Zac leaned in to kiss 35-year-old Michelle, who…

Zac Efron and Michelle Rodriguez confirm romance

414View commentsZac Efron and Michelle Rodriguez have finally confirmed rumours they are dating after they were pictured kissing on holiday in Sardinia.The 26-year-old hunk and the openly-bisexual actress enjoyed a PDA as they cosied up to one another on a yacht on Saturday.Zac leaned in to kiss 35-year-old Michelle, who…