For 2025, Baker Hughes expects total company revenue of approximately $27.75 billion and EBITDA of $4.95 billion, supported by robust LNG momentum and strong gas infrastructure orders. The company ...
Monjasa has undertaken LNG bunkering in Dubai this month, claiming it is a first for the UAE and Middle East. It delivered ...
Energy technology company Baker Hughes has signed a major contract to provide modularized liquefied natural gas (LNG) system ...
The International Maritime Organization has vowed to eliminate global shipping emissions ... however, and port infrastructure that’s needed to store and pump them in a process called “bunkering” ...
Rising global trade & e-commerce drive maritime transport demand, boosting the bunker fuel market, while LNG bunkering expansion supports cleaner fuel adoption. David Correa Allied Market Research + ...
As recent reports from DNV and Clarkson both indicated, 2024 was a record setting year for the adoption of LNG as a marine ...
In 2024, dual-fuel LNG newbuilds made up 70% of the alternative fuelled vessel orderbook. It expects more than 1,200 ...
Over the 04th week, the MABUX global bunker indices continued a moderate upward movement. The 380 HSFO index increased by 1.92 USD, rising from 537.79 USD/MT to 539.71 USD/MT. Similarly, the VLSFO ...
Asked why 2024 had turned into a record year for LNG fuelling, Keller said the “big turn” was Maersk’s shift towards LNG, adding that while no longer the largest liner outfit the Danish owner still ...
The LNG bunkering market is a pivotal sector within the maritime industry, poised at the intersection of environmental sustainability, regulatory compliance, and economic viability. LNG, or liquefied ...
The investment company’s move to enter the sector comes as several new but existing shipowning and bunker names such as ...
Finnish ship engine manufacturer Wärtsilä will supply dual-fuel LNG engines, featuring low methane slip technology, to eight ...