Competition heating up for UAE ADGAS IGD-2 [Offshore]
UAE state-run Abu Dhabi Gas Liquefaction Company’s (ADGAS’s) $1bn IGD(Integrated Gas Development)-2 project is attracting global competition. According to industry sources, six teams have submitted technical bidding in April, and commercia...
2018-04-25 07:00:52
KOMERI holds IP-R&D seminar [General]
The Korea Marine Equipment Research Institute (KOMERI) is holding the 7th ‘IP-R&D strategy seminar for small and medium-sized enterprises in the maritime industry’ on April 27 at Busan. The Seminar is arranged with the support from the...
2018-04-25 07:00:19
KOTC plans to add 32 tankers to its fleet [Shipbuilding]
Kuwait Oil Tanker Company (KOTC), a Kuwait's state-owned tanker operator, will push ahead with its ambitious fleet expansion. KOTC's mother company Kuwait Petroleum Corp (KPC) has recently announced that it will add a total of 32 tankers to its f...
2018-04-25 06:59:20
Korea & Indonesia discuss cooperation again [General]
The Ministry of Oceans and Fisheries (MOF) of Korea held the '2nd joint committee for cooperation between Korean and Indonesian maritime industries' on April 24 at GLAD Hotel, Seoul, Korea.  The MOF and the Coordinating Ministry for Marit...
2018-04-25 06:58:41
Yinson-Sumitomo collaborates for FPSO ops [Offshore]
Malaysian ocean energy developer Yinson Holdings Berhad and Japanese trading house Sumitomo Corporation recently signed business cooperation agreement for leasing and operation of FPSO/FSU in the global market. In line with the MOU signed on A...
2018-04-25 06:57:51
SUBSEA 7 confirms proposal to acquire McDermott [Offshore]
Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) confirms that it made a proposal(1) to the Board of Directors of McDermott International, Inc. (“McDermott,” NYSE: MDR) on April 17, 2018 to acquire the entire issued share capital of McDermott.&nb...
2018-04-24 07:27:39
Alfa Laval PureBallast 3 helps Dowa Line [Equipment]
Though headquartered in Japan, Dowa Line has had operations in the Americas for over 35 years. The company is not only one of the leading Japanese cargo operators in American markets, but also an early mover in ballast water treatment with extens...
2018-04-24 07:26:18
Gabadi will build LNG tanks for Chinese yard [Equipment]
The Galician company Gabadi, with its headquarters in Narón, has just been awarded a contract by the Chinese shipyard, Jiangnan Shipyard (Group) Co., Ltd. for the erection of 4 membrane tanks of liquated natural gas (LNG) to be used as a fuel. T...
2018-04-24 07:25:20
SEA/LNG reiterates LNG's role in decarbonisation [Shipping]
SEA/LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, supports the level of ambition outlined by the IMO’s Initial Strategy. It believes that the accelerated u...
2018-04-24 07:23:29
Saipem awarded new contracts in drilling [Offshore]
Saipem has been awarded new contracts in Offshore Drilling involving the sixth-generation semi-submersible rig Scarabeo 8, suitable for harsh environments. Drilling activities will take place offshore Norway, and will last approximately 10 months...
2018-04-24 07:21:52
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