Liquefied natural gas

Great Lakes Reports First Quarter 2024 Results

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星期二, 五月 7, 2024

HOUSTON, May 07, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (Nasdaq: GLDD), the largest provider of dredging services in the United States, today reported financial results for the first quarter ended March 31, 2024.

Key Points: 
  • Dredging backlog of $879.4 million at March 31, 2024
    HOUSTON, May 07, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (Nasdaq: GLDD), the largest provider of dredging services in the United States, today reported financial results for the first quarter ended March 31, 2024.
  • Lasse Petterson, President and Chief Executive Officer commented, “Great Lakes ended the first quarter with strong financial results, including net income of $21.0 million and adjusted EBITDA of $42.9 million, which is the best adjusted EBITDA quarter since the fourth quarter of 2021, supporting a return to normalcy.
  • Great Lakes cautions investors that any forward-looking statements made by Great Lakes are not guarantees or indicative of future performance.
  • Great Lakes' future financial condition and results of operations, as well as any forward-looking statements, are subject to change and inherent risks and uncertainties.

Qatar Construction Industry Report 2024: Market to Contract by 2.8% in Real Terms this Year, Following a Decline of 5.7% in 2023 - Forecasts to 2028 - ResearchAndMarkets.com

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星期三, 五月 1, 2024

The "Qatar Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2024-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Qatar Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2024-2028" report has been added to ResearchAndMarkets.com's offering.
  • In February 2024, Qatar Energy a local oil and gas company started the construction work on QAR21.8 billion ($6 billion) Ras Laffan Petrochemical Complex.
  • The project includes the construction of an ethane cracker plant with an annual capacity of 2.1 mtpa.
  • Historical (2019-2023) and forecast (2024-2028) valuations of the construction industry in Qatar, featuring details of key growth drivers.

Japanese Investors Partner With I Squared Capital on US$370 Million Strategic Investment in Natural Gas Infrastructure to Accelerate the Energy Transition in India

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星期一, 四月 15, 2024

Commenting on the transaction, Harsh Agrawal, Senior Partner, APAC, I Squared, said: “India aims to boost the share of natural gas from nearly 7% currently to 15% of the primary energy mix by 2030.

Key Points: 
  • Commenting on the transaction, Harsh Agrawal, Senior Partner, APAC, I Squared, said: “India aims to boost the share of natural gas from nearly 7% currently to 15% of the primary energy mix by 2030.
  • I Squared Capital, through the Natural Gas Transition Platform, is committed to supporting a just and equitable transition of the country’s energy sector.
  • The additional capital provided will be used to support the energy transition in India through the expansion of last-mile city gas distribution infrastructure.
  • In addition to gas distribution, the Platform will increase investments to boost the consumption of renewable natural gas (biogas) in India.

Cruise Lines International Association (CLIA) Announces 2024 Hall of Fame Cruise Industry Award Winners

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星期二, 四月 23, 2024

WASHINGTON, April 23, 2024 /PRNewswire/ -- Cruise Lines International Association (CLIA) has announced the 2024 CLIA Hall of Fame Cruise Industry Award winners.

Key Points: 
  • WASHINGTON, April 23, 2024 /PRNewswire/ -- Cruise Lines International Association (CLIA) has announced the 2024 CLIA Hall of Fame Cruise Industry Award winners.
  • Award winners were inducted during the CLIA Hall of Fame Cruise Industry Awards & Gala Dinner during the CLIA Cruise360 conference in Fort Lauderdale, Florida on Thursday, April 18th, 2024.
  • and the world's most popular cruise line, Carnival Cruise Line, President Christine Duffy leads more than 48,000 team members delivering fun and memorable cruises to more than 5.5 million guests each year.
  • She joined Carnival after a successful tenure as president and CEO of the Cruise Lines International Association (CLIA), which represents the $120 billion global cruise industry.

MSC CRUISES AND CHANTIERS DE L'ATLANTIQUE MARK TWO IMPORTANT MILESTONES FOR NEW WORLD CLASS SHIPS

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星期二, 四月 9, 2024

MSC World America floats out and enters final phase of construction in preparation for naming ceremony in Miami on April 9, 2025

Key Points: 
  • MSC World America floats out and enters final phase of construction in preparation for naming ceremony in Miami on April 9, 2025
    GENEVA, April 9, 2024 /PRNewswire/ -- MSC Cruises and Chantiers de l'Atlantique marked two important milestones today in the construction of the innovative World Class ships, MSC World America and MSC World Asia, during a press conference at Seatrade Cruise Global in Miami.
  • Following the format of the other World Class ships that pay homage to different continents, MSC World Asia will symbolize the global nature of MSC Cruises.
  • Laurent Castaing, General Manager, Chantiers de l'Atlantique commented, "We are very proud to begin construction on MSC World Asia.
  • MSC World America and MSC World Asia, as with all new MSC Cruises ships, will be fitted with shore power connectivity as standard.

NEWS RELEASE – BCUC Accepts FortisBC’s 2022 Long Term Gas Resource Plan

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星期三, 三月 20, 2024

In its application, FortisBC indicated that its plan had been shaped by developments in climate change policy.

Key Points: 
  • In its application, FortisBC indicated that its plan had been shaped by developments in climate change policy.
  • Specifically, the CleanBC plan and Roadmap to 2030, which set out the BC government’s targets for reducing greenhouse gas (GHG) emissions in the province.
  • A long-term resource plan looks ahead at the next several years of energy demand.
  • Long-term resource plans must include an estimate of demand, a plan to reduce demand, and a plan for energy purchases and facilities required to meet demand.

Great Lakes Reports Fourth Quarter and Full Year 2023 Results

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星期三, 二月 14, 2024

HOUSTON, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (Nasdaq: GLDD), the largest provider of dredging services in the United States, today reported financial results for the quarter and year ended December 31, 2023.

Key Points: 
  • Lasse Petterson, President and Chief Executive Officer commented, “We ended the year strong with solid fourth quarter results.
  • Gross margin percentage increased to 21.3% in the fourth quarter of 2023 from -11.0% in the fourth quarter of 2022 partially due to improved project performance.
  • Great Lakes cautions investors that any forward-looking statements made by Great Lakes are not guarantees or indicative of future performance.
  • Great Lakes' future financial condition and results of operations, as well as any forward-looking statements, are subject to change and inherent risks and uncertainties.

Enserva’s 2023-2024 Fall State of the Industry Report forecasts oil and gas prices and demand to remain strong for 2024

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星期四, 十二月 14, 2023

CALGARY, Alberta, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Today, Enserva released its Fall 2023-2024 State of the Industry Report (the “Report”), providing trends, insights and an overall outlook for the oil and gas and drilling services sector moving into 2024.

Key Points: 
  • CALGARY, Alberta, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Today, Enserva released its Fall 2023-2024 State of the Industry Report (the “Report”), providing trends, insights and an overall outlook for the oil and gas and drilling services sector moving into 2024.
  • In addition to the release of the report, Enserva hosted a panel discussion with industry experts to discuss the findings in the Report and what the sector can expect in the coming year.
  • The 2023-2024 report estimates continued strong growth of 10.5 per cent year over year.
  • The Report also outlines trends in drilling, fracking and pressure pumping, closure and reclamation, industry employment, the evolving energy mix and government policies across North America.

Global LNG Market Poised for Growth, Aiding Environmental Goals and Energy Needs - ResearchAndMarkets.com

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星期一, 十一月 13, 2023

The development of LNG import infrastructure, such as regasification terminals and distribution networks, has facilitated global access to LNG.

Key Points: 
  • The development of LNG import infrastructure, such as regasification terminals and distribution networks, has facilitated global access to LNG.
  • Growing demand for cleaner energy sources, particularly in Asia, incentivizes higher LNG production to meet energy needs and emissions reduction goals.
  • Import and Export: Japan dominates the global LNG import market, while Australia leads in LNG exports.
  • Additionally, long-term LNG supply contracts play a crucial role in the LNG market, providing stability and predictability for both buyers and sellers.

Dover Fueling Solutions Supplies LIQAL BTU System to LC3 Trasporti in Italy

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星期三, 十二月 6, 2023

DOWNERS GROVE, Ill., Dec. 6, 2023 /PRNewswire/ -- Dover Fueling Solutions ("DFS") , a part of Dover (NYSE: DOV) and a leading global provider of advanced customer-focused technologies, services and solutions in the fuel and convenience retail industries, today announced the successful installation of the LIQAL Boil-off Gas Treatment Unit (BTU) system for LC3 Trasporti (LC3).

Key Points: 
  • DOWNERS GROVE, Ill., Dec. 6, 2023 /PRNewswire/ -- Dover Fueling Solutions ("DFS") , a part of Dover (NYSE: DOV) and a leading global provider of advanced customer-focused technologies, services and solutions in the fuel and convenience retail industries, today announced the successful installation of the LIQAL Boil-off Gas Treatment Unit (BTU) system for LC3 Trasporti (LC3).
  • The new LIQAL BTU system, installed and commissioned by SGIG, helps ensure that tank pressure is stable so truck drivers can refuel their LNG vehicles smoothly and consistently.
  • With the LIQAL BTU system, we've addressed inefficiencies that were exacerbated by climate change, significantly improving our refueling capacity and the dispensing quality of the facility," said Michele Ambrogi, President of LC3 Trasporti.
  • In addition, the LIQAL BTU system protects the environment by preventing the venting of BOG into the atmosphere.