financetom
Business
financetom
/
Business
/
ITT Says Svanehoj Unit Awarded Contract to Supply Pumps for Two Ultra Large Ethane Carriers
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
ITT Says Svanehoj Unit Awarded Contract to Supply Pumps for Two Ultra Large Ethane Carriers
Jul 15, 2025 4:20 AM

07:14 AM EDT, 07/15/2025 (MT Newswires) -- ITT (ITT) said Tuesday its Svanehoj division has been awarded its first contract to supply deepwell fuel, cargo and stripping pumps for two ultra large ethane carriers, each with a carrying capacity of 40 million gallons.

The deliveries, for an unnamed European maritime customer, are scheduled to start in early 2026, the company said.

Financial terms of the contract were not disclosed.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Canada imposing 25% tariffs on $30 billion of US imports, Trudeau says
Canada imposing 25% tariffs on $30 billion of US imports, Trudeau says
Mar 4, 2025
OTTAWA (Reuters) - Canada is imposing 25% tariffs on C$30 billion worth of U.S. imports effective immediately, Prime Minister Justin Trudeau told reporters on Tuesday. Trudeau made the announcement just hours after U.S. President Donald Trump slapped 25% tariffs on imports from Mexico and Canada. There is absolutely no justification or need whatsoever for these tariffs today, Trudeau said, adding...
Update: Enbridge Extends Financial Growth Outlook Through End of Decade
Update: Enbridge Extends Financial Growth Outlook Through End of Decade
Mar 4, 2025
11:18 AM EST, 03/04/2025 (MT Newswires) -- (Adds comment and updates shares.) Enbridge ( ENB ) said Tuesday it is extending its financial growth outlook through the end of the decade. Post-2026 and through the end of the decade, Enbridge ( ENB ) expects to book an average annual growth of about 5% for adjusted EBITDA, discounted cash flow per...
Honeywell to Acquire Pump Maker Sundyne For $2.16 Billion
Honeywell to Acquire Pump Maker Sundyne For $2.16 Billion
Mar 4, 2025
11:16 AM EST, 03/04/2025 (MT Newswires) -- Honeywell International ( HON ) announced plans on Tuesday to buy pump and gas compressor maker Sundyne from private equity firm Warburg Pincus for $2.16 billion in cash. The per-cash consideration reflects roughly 14.5-times Sundyne's 2024 earnings before interest, taxes, depreciation and amortization on a tax-adjusted basis. Sundyne makes pumps and gas compressors...
Calibre Mining Closes US$75 Million Private Placement
Calibre Mining Closes US$75 Million Private Placement
Mar 4, 2025
11:20 AM EST, 03/04/2025 (MT Newswires) -- Calibre Mining ( CXBMF ) , which late last month agreed to be acquired by Equinox Gold ( EQX ) , on Tuesday said it closed its private placement financing of US$75 million unsecured convertible notes bearing interest at a rate of 5.5% per year. Calibre was last seen down $0.05, to $2.86,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved