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Currency impact prompts 2.4% fall in group revenue for Air Liquide in third quarter | Quarterly Reports

Air Liquide’s published group revenue for the third quarter fell 2.4%, which it attributed to currency impacts and lower energy prices. CEO François Jackow said revenues rose 1.9% to nearly €6.6bn, driven by a similar percentage growth in its Gas and Services businesses. But Asia-Pacific, for many quarters the region fuelling growth, saw sales drop slightly by 0.8% year-on-year. In what it described as an uncertain industrial environment, healthcare and industrial merchant were growth drivers, up 5% and 3% respectively. Geographically, the Americas stood out with 5% growth while revenues in Europe, Middle East and Africa (EMEA) rose marginally (0.4%). Its investment backlog stands at nearly €5bn with new decisions amounting to €0.9bn, such as ELYgator, its 200MW electrolyser in the Netherlands, and also developments in the fast-growing electronics and semiconductor sectors. … to continue reading this article and more,… Read More »Currency impact prompts 2.4% fall in group revenue for Air Liquide in third quarter | Quarterly Reports

PIL welcomes fourth 8,200 TEU LNG dual-fuel containership

Singapore-based shipping company Pacific International Lines (PIL) has reached a new milestone in its fleet expansion quest by welcoming the fourth 8,200 TEU LNG dual-fuel containership, Kota Orkid. The post PIL welcomes fourth 8,200 TEU LNG dual-fuel containership appeared first on Offshore Energy.

NH3 Clean Energy’s flagship ammonia project moves forward

The Department of Energy and Economic Diversification (DEED) of the Government of Western Australia (WA Government) has confirmed the approval of NH3 Clean Energy’s flagship WAH2 clean ammonia project for facilitation support under the Lead Agency Framework. The post NH3 Clean Energy’s flagship ammonia project moves forward appeared first on Offshore Energy.

Havila lands more work for 2009-built vessel

Norwegian offshore vessel operator Havila Shipping has struck a deal with Peterson Den Helder for a platform supply vessel (PSV), which is part of its fleet. The post Havila lands more work for 2009-built vessel appeared first on Offshore Energy.

MOL and SCI to collaborate on tugboat business in India

Japanese shipping player Mitsui O.S.K. Lines (MOL) and Shipping Corporation of India (SCI) have agreed to collaborate on the tugboat business in India. The post MOL and SCI to collaborate on tugboat business in India appeared first on Offshore Energy.