Keyfield is pleased to announce that we have taken delivery of Inai Kenanga, a mega Trailing Suction Hopper Dredger (TSHD) and the largest vessel in our fleet to date, marking our first foray into the dredging industry. With a hopper capacity of 32,205 m³, the vessel is equipped to support large-scale dredging works, land reclamation,… Read More
JPMorganChase today announced the Security and Resiliency Initiative, a $1.5 trillion, 10-year plan to facilitate, finance and invest in industries critical to national economic security and resiliency. As part of this new initiative, JPMorganChase will make direct equity and venture capital investments of up to $10 billion to help select companies primarily in the United… Read More
Ørsted has exercised a long-standing buyback right in relation to the Gunfleet Sands 1 & 2 Offshore Wind Farm, in which Ørsted currently holds a 50.1 % ownership interest. Under the agreement, Ørsted will acquire the remaining 49.9 % ownership interest from its investment partners for a total consideration of approximately GBP 15 million. On completion… Read More
Shagang, described as China’s largest privately owned steelmaker, has moved into shipbuilding by setting up a wholly owned subsidiary in Tianjin, according to Splash247. The Jiangsu-based group joins a widening group of industrial companies seeking to take advantage of China’s expanding newbuilding market. The new entity, Jinsha Heavy Industry (Tianjin), has been registered with capital… Read More
HOUSTON, October 13, 2026–(BUSINESS WIRE)–Port Houston will honor ExxonMobil with the 4th Annual Lone Star Award during the Houston International Maritime Conference (HIMC), taking place November 2–5 at the Hilton Americas in downtown Houston. The award recognizes ExxonMobil’s exceptional partnership with Port Houston and its longstanding role in the energy industry that is integral to… Read More