HMD won LPG carrier from Mexico [Shipbuilding]
Hyundai Mipo Dockyard (HMD) announced on July 23 through a regulatory filing that it won a contract for delivery of one LPG carrier. The announced contract value was KRW61.1bn, and the orderer is described as a ‘Mexican owner.’ KRW61.1bn i...
2019-07-24 15:33:11
AVIC Dingheng won domestic Chem TK [Shipbuilding]
AVIC Dingheng Shipbuilding has signed a newbuilding contract with Yonghua Shipping under compatriot shipping company, Ningshen Group. Sources reported on July 23 that the company had ordered an 11,960-dwt chemical tanker at the yard. Designed ...
2019-07-24 15:06:20
US energy export may boost newbuilding move [Shipbuilding]
The expanding US energy export might stimulate the newbuilding demands, research said. Choi Gwang-sik, an analyst at Hi Investment & Securities, predicted that the demand for VLCC and VLGC would significantly increase by 2025, quoting a US...
2019-07-24 14:33:41
TechnipFMC awarded Arctic LNG 2 contract [General]
TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) has been awarded a Engineering, Procurement and Construction (EPC) contract by Novatek and its partners for the Arctic LNG 2 project located in the Gydan peninsula in West Siberia, Russia. ...
2019-07-24 10:31:27
GTT receives order from Hyundai [Equipment]
GTT has received two new orders from the Hyundai group concerning the tank design of two LNGCs offering a capacity of 180,000 m3, for the first and 174,000 m3, for the second, on behalf of two ship-owners which names remain confidential at this s...
2019-07-24 10:29:40
AG&P receives Japanese investments [General]
The Japan Bank for International Cooperation (JBIC; Governor: Tadashi Maeda) signed on July 20 a shareholders' agreement together with Osaka Gas Co., Ltd. (Osaka Gas)*1 for a joint investment in AGP International Holdings Pte. Ltd. (AG&P) in ...
2019-07-24 08:46:07
Saipem awarded overseas drilling contracts [Offshore]
Saipem has been awarded new contracts in offshore drilling in Romania and Abu Dhabi worth over 160 million USD. According to one contract, the company will drill a well in Romania’s Black Sea waters, expectedly in the fourth quarter of 2019. Wo...
2019-07-24 08:45:01
NOVATEK closes Arctic LNG 2 transaction [General]
PAO NOVATEK (“NOVATEK” and/or “the Company”) announced on July 22 the closing of the sale of participation interests in Arctic LNG 2 Project (“Project”) to wholly owned subsidiary of China National Petroleum Corporation (“CNPC”), ...
2019-07-24 08:44:13
KHI to build hydrogen terminal in Australia [General]
Kawasaki Heavy Industries, Ltd. (Kawasaki) and Hydrogen Engineering Australia Pty Ltd (HEA) (Kawasaki’s subsidiary company based in Melbourne), announced commencement of construction work to build the Hydrogen Liquefaction and Loading Terminal ...
2019-07-24 08:43:15
DNV GL launches first LiDAR verification site in Korea [Offshore]
DNV GL, the world’s largest resource of independent energy experts and certification body, has announced that it has launched its first LiDAR verification site in Asia, based in South Korea. Located at Youngkwang, Jella province the site provid...
2019-07-24 08:42:34
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