Sembcorp Marine won Teekay FPSO contract
Sembcorp Marine Ltd announced that its wholly-owned subsidiary Sembcorp Marine Rigs & Floaters Pte. Ltd. has signed an agreement with Varg L.L.C., a wholly-owned subsidiary of Teekay Offshore Partners L.P., for engineering, procurement and co...
UGS states support for 2020 sulphur cap
The Union of Greek Shipowners (UGS) remains firmly committed to the successful transition to the 0.5% global sulphur cap in marine fuels and the related dates that have been agreed at the United Nations International Maritime Organization (UN IMO...
Japan develops software for combustion chamber diagnosis
NYK and MTI have jointly developed new original software that uses photo data to prevent accidents by quickly determining the causes of failures at an early stage. The images are provided by Kirari NINJA*, an NYK Group–developed device that can...
Hammocks for monopiles?
While lying in a hammock in the sun, have you ever realized that the hammock supports your body from left to right. Not only for your adult sized body, but there is the same support when a child uses the same hammock. A similar support is now ...
New Wärtsilä Hybrid Centre established
The technology group Wärtsilä has inaugurated its new Hybrid Centre, the first of its kind in the world. The facility represents an innovative concept that will enable further development and deployment of the Wärtsilä HY hybrid power module,...
Borealis takes FID for new PDH plant
It turned out that Borealis AG has recently taken the final investment decision (FID) for its project to build a new propane dehydrogenation (PDH) plant. The Austrian chemical giant plans to establish the PDH plant with a targeted production c...
HHI won two VLGCs from CMM
Hyundai Heavy Industries (HHI) won two VLGCs from Consolidated Marine Management (CMM) under Latsis Group of Greece. According to foreign media and the industry, CMM has ordered two 80,000-cbm VLGCs for delivery in 2020. It is said that the sh...
Keppel O&M stacked 1bn so far
Keppel Corporation revealed in its 3Q report that its net profit during the first nine months of 2018 reached SGD809m (around $587m), which is yoy 18% increase. The company explained that the result is based on the losses in Offshore & Marine...
Croatia to face Uljanik risks
The Minister of Finance of Croatia Minister of Finance of Croatia Zdravko Maric recently commented that the country might end up costing HRK4.2bn (around $651m) due to the guarantee it granted to Uljanik shipyard. The number accounts for about 1....
Norway Fosen embraces NES
Rissa-based Fosen Yard of Norway recently acquired Nordseewerke Emden Shipyard (NES), a bankrupted yard in Germany. According to foreign media, Fosen bought 51% shares in NES. Fosen revealed that the company and Deutsche Industrieanlagen, the ...
2018 - 10
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