Tender for Qatar NFE LNG project pushed back [Offshore]
Qatar's North Field Expansion (NFE) LNG development project is being delayed, industry sources say. According to foreign media and industry insiders' reports, the tender deadline for the four packages of NFE onshore facilities (Liquefaction Fa...
2019-11-26 08:41:35
SHI to pay $75m to resolve foreign bribery case in U.S. [Offshore]
Korea's Samsung heavy industries has agreed to pay total penalties of more than $75 million to resolve the US government's investigation into violations of the Foreign Corrupt Practices Act (FCPA) arising out of a scheme to pay millions of dollar...
2019-11-26 08:40:30
Sembmarine sees growing loss in 3Q [Offshore]
Sembcorp Marine (Sembmarine) announced on November 13 that the Singaporean company posted a net loss of SGD 59.5m for the first nine months of 2019. The loss has reduced by 26% compared to that of SGD 80.1m logged from January to September 2018.&...
2019-11-26 08:38:21
CSET places its first LNG-fueled VLCC order [Shipbuilding]
China's COSCO Shipping Energy Transportation (CSET) has ordered LNG dual fuel very large crude carrier (VLCC) for the first time since its establishment.  According to TradeWinds, the Chinese crude carrier operator has recently swapped on...
2019-11-26 08:37:22
HHI winds up its French offshore unit [Offshore]
Korea's Hyundai Heavy Industries has liquidated its French unit last May as offshore engineering and fabrication orders dried up. According to industry sources the Korean shipbuilding and offshore engineering company has wound up the 'Hyun...
2019-11-25 15:17:10
SHI reaches 90% in its sales target this year [Shipbuilding]
Samsung Heavy Industries Co. has signed a $1.5 billion supply deal with the Eurasian shipowner to build LNG carriers, taking a step closer to this year's order target of $7.8 billion. The Korean large shipbuilder said in a regulatory filing ...
2019-11-25 14:30:20
Golden Energy joins hands with KONGSBERG [Offshore]
Norwegian advanced Offshore Service Vessel (OSV) owner and operator Golden Energy Offshore has reported that its long-term collaboration on vessel performance monitoring with Kongsberg Maritime and deployment of the containerised SAVe Energy batt...
2019-11-25 09:37:29
SCHOTTEL wins tanker propulsion equipment [Equipment]
Following the latest deliveries of SCHOTTEL Rudder EcoPellers for Norwegian ferries, the highly efficient azimuth thruster has now entered the tanker segment. The German manufacturer of propulsion systems recently received an order to supply two ...
2019-11-25 09:32:29
Japan to build self-elevating platform [Offshore]
It turned out that the three companies, Penta-Ocean Construction Co., Ltd., Kajima Corporation (President, Mr. Yoshikazu Oshimi), and Yorigami Maritime Construction Co., Ltd. (President, Mr. Masafumi Yorigami), have agreed to jointly construct a ...
2019-11-25 09:28:07
Ecochlor to demonstrate its BWMS at Marintec China [Equipment]
Ecochlor, Inc. announced on November 21 that the company will display its ballast water management system (BWMS) at Marintec China, Stand N3D5N, to give customers an opportunity to understand why the system is widely regarded as one of the best, ...
2019-11-25 09:19:48
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