Moscow may build new shadow fleet for LNG exports

Unknown entities in Dubai, unknown insurers, new entrants to the market: there are several indicators that Moscow has set up a new shadow fleet for liquefied natural gas (LNG) following the latest EU sanctions on Russian LNG transhipment. According to a Bloomberg investigation, ownership of at least eight ships has been transferred to obscure companies … Read more

Metro is exhibited in a museum and buyers are being sought for the old fleet

A Metro carriage that has carried millions of passengers since it entered service in 1980 has officially moved to its new home at Glasgow’s Transport Museum. With the introduction of 17 new trains to the Glasgow Subway system underway, the 43-year-old fleet will disappear from the passenger schedule. The Riverside Museum was the first to … Read more

Noble-Diamond Offshore merges into ‘perfect fit’: US drilling giants merge to create 41-strong oil rig fleet

Texas-based offshore drilling contractor Noble Corporation has taken steps to bring land-based drilling rig owner Diamond Offshore into its fold, which will result in a US-based offshore drilling heavyweight with a fleet of 41 rigs and a combined backlog of $6.5 billion. . Noble Interceptor installation; Source: Noble Corporation The rig owner duo has entered … Read more