McDermott won FEED contract at U.S. Gulf Coast [Offshore]
McDermott International, Inc. (NYSE: MDR) announced it has been awarded a contract by PetroLogistics ll LLC to perform the front-end engineering design (FEED) services for a propane dehydrogenation (PDH) facility planned for the U.S. Gulf Coast. ...
2019-08-14 08:41:26
Centrica signs for rough gas rigging lofts [Offshore]
Offshore oil and gas operator Centrica Storage Limited (CSL) has awarded Survitec a contract to supply height safety and rigging equipment to the Rough 47/3 Bravo platform, located 29km (18 miles) off the East coast of Yorkshirein the Southern No...
2019-08-14 08:39:48
CMG to move Jinling Shipyard [Shipbuilding]
China's state-owned China Merchants Group (CMG) signed a framework agreement with Nanjing government to agree to relocate its affiliate Jinling Shipyard. Under the agreement, according to industrial sources, CMG moves the production base of th...
2019-08-14 08:36:48
CSSC Shipping inks S&LB deal [Shipbuilding]
CSSC Shipping, an affiliate of China State Shipbuilding Corporation (CSSC), announced that it scored a Sale and Leaseback (S&LB) contract for two 1,400 teu containerships.  The Hong Kong-listed company will reportedly purchase the two...
2019-08-14 08:36:19
Scotland considers nationalizing Ferguson [Shipbuilding]
The Scottish National Party (SNP) turns out to have considered the nationalization of Ferguson Marine Engineering based in Port Glasgow. Derek Mackay, Scotland's Finance Secretary, has recently noted through an interview with a foreign media o...
2019-08-14 08:27:05
Leeyoung wins LPG cargo tank [Equipment]
Ulsan-based shipbuilding equipment provider Leeyoung Industrial Machinery has won 3,500 cbm wholly-pressurized LPG cargo tank from its compatriot shipbuilder Dae Sun Shipbuilding & Engineering. As for small- and mid-sized LPG carrier the K...
2019-08-14 08:26:45
"CSSC-CSIC merger won cause monopoly situation" [General]
A high official stated that the merger between CSSC and CSIC would not cause a market monopoly.   In a recent interview with China Securities Journal, CSIC Chairman Hu Wenming commented that the merger, which was officialized in last July,...
2019-08-14 08:25:33
Korea still in top spot in NB order sales [Shipbuilding]
Korean shipbuilding industry won nearly half (270,000 cgt, 10 vessels) of global new orders 550,000 cgt (25 vessels) last July, beating Chinese shipyards with 11 newbuilds of 200,000 cgt awarded in the month and taking the first place in global c...
2019-08-14 08:24:56
HHI bags 7th LNGC from Capital [Shipbuilding]
Hyundai Heavy Industries (HHI) turns out to have won one additional LNG carrier from Capital Gas Carriers of Greece.  According to foreign press and industrial source, the Evangelos Marinakis-led LNG carrier operator has recently exercise...
2019-08-14 08:24:02
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