Royal IHC, a Netherlands-based shipbuilding company, has opened a new office in Navi Mumbai to support its vessel production activities in India. The new facility is expected to expand the company’s manufacturing capabilities in the country and support its ongoing engineering and shipbuilding operations. The company operates a production facility in Taloja Navi Mumbai, opened… Read More
Australia’s Woodside Energy (WDS.AX), opens new tab said on Wednesday it has agreed to explore opportunities to collaborate with Saudi Aramco (2222.SE), opens new tab, which might take a stake in its $17.5 billion Louisiana liquefied natural gas project. Shares in Australia’s top gas producer surged nearly 4% after the announcement. The Reuters Power Up newsletter provides everything… Read More
Orderbook at group level remained solid at 7.6 billion euros, compared to 7.5 billion euros a year ago and 8.2 billion euros at the end of 2024, the latter marking an all-time high. First quarter additions included some follow-on contracts for ongoing projects along with a number of smaller projects across all contracting segments. As… Read More
In early March, 14 members of Congress spoke in support of the lakes at our annual Great Lakes Day Congressional Breakfast Reception in D.C. More than 150 attendees and mayors of 30 different communities in the Great Lakes states and provinces, and the Anishinabek Nation, attended the event, hosted by the GLC and our partners… Read More
Italian shipbuilding giant Fincantieri S.p.A. reported unprecedented growth in the first quarter of 2025, with EBITDA surging 54% to €154 million and total backlog reaching a record €57.6 billion. The company’s performance was marked by significant revenue growth of 35% year-over-year, reaching €2,376 million. A key highlight was the launch of their new Underwater segment,… Read More