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ADNOC LS Orders Four LNG Carriers From Jiangnan in $900M Deal

ADNOC LS Orders Four LNG Carriers From Jiangnan in $900M Deal

Abu Dhabi-based ADNOC Logistics and Services has committed 900 million dollars to a quartet of LNG carriers at China's Jiangnan Shipyard, becoming the latest owner to turn to Chinese yards for gas tonnage. The four 175,0…

Fri Jul 10 20267 min
VLCC Newbuilding Orders Surge Tenfold Toward Record-Breaking Year

VLCC Newbuilding Orders Surge Tenfold Toward Record-Breaking Year

VLCC newbuilding orders are on course for a record year, with shipowners placing 183 orders in the first half of 2026 compared with just 18 in the same period last year. According to Veson Nautical, this represents by fa…

Wed Jul 08 20267 min
Rocket Lab to Acquire Iridium in $8 Billion Satellite Deal

Rocket Lab to Acquire Iridium in $8 Billion Satellite Deal

Rocket Lab has reached an agreement to acquire Iridium Communications in a cash-and-stock transaction that values the maritime satellite operator at an enterprise value of 8 billion dollars. The deal brings together Rock…

Fri Jul 03 20267 min
Kraken Robotics Closes $615M Covelya Group Acquisition

Kraken Robotics Closes $615M Covelya Group Acquisition

Kraken Robotics has completed its acquisition of Covelya Group for approximately 615 million Canadian dollars, expanding its position in the fast-growing defence and maritime surveillance market. The deal combines Kraken…

Fri Jul 03 20267 min
Triton in Talks to Buy Bureau Veritas Fuel Testing Unit

Triton in Talks to Buy Bureau Veritas Fuel Testing Unit

Triton Partners is in exclusive negotiations to acquire Bureau Veritas' global fuel testing and inspection business, in a deal built on an enterprise value of 536 million dollars. The proposed sale of the Oil and Petroch…

Tue Jun 30 20264 min
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