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June 22, 2022
KUALA LUMPUR: Lotte Chemical Titan Holding Bhd’s unit, Pt Lotte Chemical Indonesia (LCI), has entered into related party transactions involving the company's integrated petrochemical facility in Indonesia.
June 20, 2022
Dual-fuel vessel orders are increasing after the low-sulfur fuel oil price hit an all-time high recently. An increasing number of shipowners are opting for those vessels such as LNG-powered ships in order to meet environmental regulations. This year, the three major South Korean shipbuilders received orders for 154 vessels, and those include 68 ships in ...
June 20, 2022
South Korean shipyards grappling with intensifying industry competition, surging material prices and labor costs are expected to breathe easily with rising LNG tanker orders and contract prices on higher demand. According to data compiled by Maeil Business Newspaper on Thursday, Korea Shipbuilding & Offshore Engineering Co. (KSOE), Daewoo Shipbuilding & Marine Engineering Co. (DSME) and ...
June 16, 2022
Korea Shipbuilding & Offshore Engineering (KSOE) has received an order for the construction of two liquefied natural gas (LNG) carriers.
June 16, 2022
Chinese shipbuilders are entering the global LNG carrier market, which has been dominated by South Korean shipbuilders. For example, last month, Jiangnan Shipyard signed a contract with a subsidiary of the Abu Dhabi National Oil Co. to supply four LNG carriers each with a capacity of 175,000 cubic meters. It is the first LNG carrier ...
June 10, 2022
Six senior lecturers occupying academic chairs endowed in Nigerian universities by the Shell Petroleum Development Company of Nigeria Limited (SPDC), have reiterated their commitment to strategies ...
June 10, 2022
Daewoo Shipbuilding & Marine Engineering has obtained a 1.07 trillion won ($850 million) order to build four LNG carriers for a Qatari state oil firm, it said in a regulatory filing this week. The order is the first batch of a $20 billion deal that three South Korean shipbuilders — Hyundai Heavy Industries, Daewoo Shipbuilding ...
June 8, 2022
Not everyone might agree, but carbon capture is considered one of the best ways of
June 8, 2022
KSOE bags 923.3 bil. won order for 6 container ships
June 8, 2022
ABS, HHI and RMI Maritime Administrator have collaborated on the development of a next-generation ultra-large LCO₂ carrier.