Statoil ASA and petroleum and chemical tanker owners and operator AET are extending their partnership in the North Sea shuttle tanker sector. Statoil has, awarded a long-term contract to AET, a subsidiary of Malaysian energy shipping group…
The plan to position Durban as a world-class cruise capital took a step forward with the announcement of the preferred bidder for the Durban Cruise Terminal – KwaZulu Cruise Terminal Pty Ltd (KCT) – a Joint Venture between MSC Cruises SA (a…
MISC Berhad has chosen eMaritime Group's ACAT online courses as its ECDIS type specific continuous personal development training solution. The agreement has enabled MISC to sign up its entire fleet of liquefied natural gas (LNG) carriers while…
Malaysia-based international offshore energy facilities and services provider Bumi Armada Berhad has announced that its Non-Executive and Non-Independent Director, Shapoorji Pallonji Mistry, has resigned from the Board of Directors of the Group…
MISC Berhad (MISC) held the naming and delivery ceremony of its new LNG carrier, Seri Camellia. The 150,200 cu. m. Liquefied Natural Gas (LNG) carrier is the first in a series of five MOSS-Type LNG carriers ordered from Hyundai Heavy Industries Co…
The LNG tanker Armada LNG Mediterrana – or floating storage unit that will be permanently berthed at Marsaxlokk has finally left Singapore harbour, reports Malta Independent. The ship is currently making 9 knots and is heading towards the port of Galle in Sri Lanka…
MISC Berhad (MISC) today announces the publication of its 2015 Sustainability Report, covering the Company’s commitment, strategy and performance for the year ended 31 December 2015 and progress towards its sustainability goals. President…
American Eagle Tankers (AET), a subsidiary of Malaysian shipping line MISC Bhd, said that it will acquire all the remaining shares of Paramount Tankers, making the latter its wholly owned subsidiary. AET will acquire Golden Energy Tanker Holdings’ 50% stake in Paramount Tankers…
Malaysia’s Bumi Armada Bhd intends to fully enforce its rights, including initiating legal proceedings against Woodside Energy Julimar Pty Ltd for purportedly terminating its charter contract of the Armada Claire Floating Production Storage and Offloading (FPSO) unit…
Malaysian state-owned shipping company MISC has bought the remaining 50% stake in the Gumusut-Kakap Semi-Floating Production System Limited (GKL) for $445m from E&P Venture Solutions (EPV), part of Petronas Carigali. GKL, a wholly-owned subsidary of PETRONAS Carigali Sdn Bhd (PCSB)…
Malaysia International Shipping Corporation Berhad (MISC Berhad), a shipping arm of Petronas, has seen an increase of 12.3 percent in its net profit for the 2015 full year financials when compared to 2014. The liquefied natural gas (LNG) shipper said the higher earnings compared with RM2…
Colombia will build a museum to showcase artefacts found in the wreckage of a Spanish galleon discovered near the historic Caribbean port city of Cartagena, President Juan Manuel Santos said on Saturday.The San Jose, thought by historians to be laden with emeralds and precious coins…
Shipping giant MISC Bhd and oil and gas services provider Bumi Armada Bhd are said to be in merger talk involving the consolidation of the floating production storage offshore (FPSO) businesses of both companies, say local media reports. Petroliam Nasional Bhd (Petronas) owns 62…
ECM Training Services, LLC, in conjunction with Galway Group, will hold an interactive training seminar entitled 'Pursuing ECA Compliance: Is LNG as a Marine Fuel Viable?' September 22-23, 2015, at Minute Maid Park in Houston. Leading the…
Even as world energy prices continue to maintain low pricing levels, offshore contracts are there to be won.Keppel Offshore & Marine Ltd has secured a Floating Production Storage and Offloading (FPSO) conversion contract as well as three repair…
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