
China Expands LNG Shipbuilding Push
China has added a fifth LNG carrier builder with Celsius Georgetown, intensifying competition with Korean yards as orders rise, prices tighten and technology gaps narrow.

China has added a fifth LNG carrier builder with Celsius Georgetown, intensifying competition with Korean yards as orders rise, prices tighten and technology gaps narrow.

BP has signed an MOU with Venezuela covering Cocuina-Manakin development and possible Loran cooperation, with gas potentially moving to Trinidad for LNG export.

Subsea7 and OneSubsea, through Subsea Integration Alliance, have secured FEED work from Equinor for the $12 billion Bay du Nord deepwater oil project offshore Canada.

Noble Corporation has added about $565 million in new offshore drilling work for six rigs, strengthening floater backlog across Brazil, Australia, Guyana, the U.S. Gulf, Ghana and Malaysia.

Cadeler has completed mobilisation of Wind Ally and Wind Orca for Hornsea 3, advancing foundation transport and installation work for the 2.9 GW offshore wind project.

Japan is advancing a 1 GW floating offshore wind project near the Izu islands to supply Tokyo and support national renewable energy targets by 2035.

Idemitsu Maru appears to have completed a rare Strait of Hormuz transit as Gulf tanker traffic remains constrained.

South Korea launches a national council to connect shipbuilding and shipping, with LNG cooperation and AI autonomous vessel plans.

ScottishPower and Masdar install the first turbine at East Anglia Three, using 115 m blades, the largest ever deployed in the UK.
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