Page 17 - Offshore Engineering News Today

The fleet of Norwegian shipping company Knutsen Group has gotten a new member, an LNG carrier named Gordon Waters Knutsen.

Saipem SpA (OTCMKTS:SAPMY – Free Report) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totalling 1,200 shares, a decrease of 96.8% from the May 31st total of 37,500 shares. Based on an average trading volume of 23,800 shares, the days-to-cover […]

Saipem SpA (OTCMKTS:SAPMY – Get Rating)’s stock price traded up 9.4% during mid-day trading on Monday . The stock traded as high as $0.26 and last traded at $0.26. 12,753 shares were traded during mid-day trading, a decline of 69% from the average session volume of 41,300 shares. The stock had previously closed at $0.24. […]

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HD Korea Shipbuilding & Offshore Engineering (KSOE), a holding company of Hyundai Heavy Industries Group, has broken ground on the Makeen marine engine production facility in Saudi Arabia.

Saipem SpA (OTCMKTS:SAPMF – Get Rating) shares were down 5.3% during mid-day trading on Friday . The stock traded as low as $1.27 and last traded at $1.28. Approximately 1,760 shares changed hands during trading, a decline of 30% from the average daily volume of 2,516 shares. The stock had previously closed at $1.35. Saipem […]

HD Korea Shipbuilding Offshore Engineering said Friday it has clinched a 242.1 billion-won ($186 million) order to build four product carriers for an African shipper.

South Korean shipbuilding heavyweight HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) has signed a deal to build four product carriers.

The recent announcement by CoolCo that it will install boil-off reliquefaction systems on five LNG carriers is a key development in this fast-moving sector.

Shares of Saipem SpA (OTCMKTS:SAPMY – Get Rating) have earned a consensus rating of “Buy” from the eight analysts that are covering the stock, MarketBeat.com reports. Seven equities research analysts have rated the stock with a buy recommendation. The average 12-month price target among brokerages that have updated their coverage on the stock in the […]