February 17, 2022
Brimming European LNG Terminals Have Limited Space for More Gas

Brimming European LNG Terminals Have Limited Space for More Gas

Europe's liquefied natural gas (LNG) terminals have limited available capacity to absorb extra supply from the United States or other major producers in the event of Russian gas disruption if it invades Ukraine.Concerns are mounting that Russia…
February 17, 2022
Strong Demand for Police and Fire Boats with More Orders on the Horizon

Strong Demand for Police and Fire Boats with More Orders on the Horizon

Today, despite an abundance of market challenges and supply chain headaches, many of America’s police and fire boat builders are in possession of the shipyard holy grail: a healthy backlog.Dave Hunt, business development and project manager for Theodore, Ala.
February 17, 2022
Prysmian to Open Submarine Cable Plant in the US

Prysmian to Open Submarine Cable Plant in the US

Prysmian Group said it is moving ahead with its project for a new submarine power cable plant in the U.S., announcing the signing of the contract for the purchase by Prysmian of the site identified in Brayton Point (Massachusetts). The final…
February 17, 2022
Wilhelmsen Acquires Stake in Reach Subsea

Wilhelmsen Acquires Stake in Reach Subsea

Wilhelmsen has acquired a 21% stake in Reach Subsea ASA, and together the firms will form a strategic partnership to commercialize the Reach Remote concept, bringing Reach Subsea into new industry verticals and geographical regions.Jan Eyvin Wang…
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