MOF's bunkering barge system wins AIP from KR [Equipment]
The Ministry of Oceans and Fisheries (MOF) of Korea has recently announced that its design of 500 cbm LNG bunkering barge system attained an approval in principle (AIP) from the Korean Register of Shipping (KR) on December 21, 2018.  LNG ...
2019-01-10 15:45:54
KRW 70bn unpaid by HHIC Subic yard [Equipment]
Oh Keo-don, Mayor of Busan Metropolitan City of Korea, visited Hanjin Heavy Industries and Construction (HHIC) on January 9, and was informed that the Subic shipyard of Hanjin Heavy Industries and Construction Philippines (HHIC-Phil) has not paid...
2019-01-10 14:50:13
SHI sets 2019 revenue & order goals higher [Shipbuilding]
Samsung Heavy Industries (SHI) announced through a regulatory filing on January 10 that it has set a goal of posting KRW 7.1trn (approximately $6.35bn) in revenue and $7.8bn in new order intakes this year.  The revenue target is higher th...
2019-01-10 14:20:46
GasLog reveals SHI LNGC details [Shipping]
Monaco, January 9, 2019 - GasLog Ltd. (“GasLog”) (NYSE:GLOG) provided further detail on the new charter party agreements (the “Charters”), each for a firm period of seven years, with a wholly owned subsidiary of Cheniere Energy, Inc. (“...
2019-01-10 11:31:46
MOL buys Nordic Tankers [Shipping]
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced that its group company, MOL Chemical Tankers Pte. Ltd. in Singapore (MOLCT) has agreed with Nordic Tankers LuxCo S.C.A. in Luxembourg (Triton), that MOLCT acquires 10...
2019-01-10 11:06:23
TechnipFMC won iEPCI deal for BP Atlantis [Offshore]
TechnipFMC (NYSE: FTI) (Paris: FTI) has been awarded a significant(1) integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract by BP for the Atlantis Phase 3 project. Following final investment decisions from all ...
2019-01-10 10:26:23
BP plans for significant growth in GOM region [Offshore]
BP announced that it has approved a major expansion at the Atlantis field in the U.S. Gulf of Mexico and has also identified significant additional oil resources that could create further development opportunities around the production hubs it op...
2019-01-10 08:38:34
China's ban on open-loop not yet in action [Equipment]
Chinese regulators have updated part of its domestic emission control area (DECA) regulations with effect from 1 January 2019 but has not yet placed a full ban on open-loop scrubbers as reported widely. In recent days, there has been reports t...
2019-01-10 08:37:19
MHB-PETRONAS tie for offshore EPC jobs [Offshore]
Malaysia Marine and Heavy Engineering Holdings Berhad (MHB or Group) announced that its wholly owned subsidiary, Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) has been awarded a frame agreement by PETRONAS for the provision of engineering,...
2019-01-10 08:35:24
Alfa Laval wins SEK180m pumping orders [Equipment]
Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has won two orders to supply Framo pumping systems; to an oil facility in the Middle East – and to an FPSO (Floating Production, Storage and Offloadin...
2019-01-10 08:33:40
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