McDermott announced it has been awarded a contract by ADNOC to provide front-end engineering design (FEED) services for the new Fujairah Liquefied Natural Gas (LNG) facility. Located approximately 155 miles (250 km) from Abu Dhabi, UAE, the facility will include an LNG plant with a total capacity of 9.6 million tons per annum (Mtpa).The plant will be designed with electric drives for the liquefaction…
CB&I, a wholly owned subsidiary of McDermott, has been awarded a significant contract by TotalEnergies and OQ joint venture for the engineering, procurement, construction (EPC) of a full containment concrete liquefied natural gas (LNG) storage tank…
Saudi Arabia’s Ras Al-Khair Special Economic Zone (SEZ) said it is seeking local and foreign investors to help boost the Kingdom’s maritime infrastructure.With an initial area of 20 square kilometers, Ras Al-Khair SEZ, operated by the Royal Commission for Jubail and Yanbu…
WISTA International (Women's International Shipping and Trading Association) elected their new President, Elpi Petraki, from WISTA Hellas, at its Annual General Meeting on October 26, in Geneva, Switzerland. WISTA International consists of 56…
AD Ports Group announced the arrival of the first international shipment at Mugharraq Port, one of the high-performing ports located within the Al Dhafra Region.This is the first shipment since Mugharraq Port was recognized as an international…
Abu Dhabi's Mugharraq Port has been recognized as an international port facility under the provisions of the International Code for the Security of Ships and of Port Facilities (ISPS Code), AD Ports Group announced on Sunday.The port, located in the Al Dhafra region…
The International Propeller Club of the United States elected C. James Patti as its new International President at its 95th Convention and Port President's meeting. As International President, Patti will serve as the CEO and lead the business…
McDermott's CB&I Storage Solutions business has been awarded a contract by Atlantic Gulf and Pacific Company of Manila, Inc. (AG&P) to build a second LNG storage tank and double-wall LNG bullet for AG&P's Philippines LNG import and regasification…
Tanker operator International Seaways Inc said on Wednesday it will buy Diamond S Shipping Inc for about $416 million, as it aims to expand its crude shipping capacity and create one of the largest U.S.-listed tanker companies.Diamond S shareholders will receive $10…
Norwegian-based ballast water treatment (BWT) systems manufacturer Optimarin informs it has completed testing of its Optimarin Ballast System (OBS) in accordance with the revised IMO G8 guidelines, while also upgrading its existing U.S. Coast…
The Women's International Shipping and Trading Association Limited (WISTA International) and International Maritime Organization (IMO) have signed a Memorandum of Understanding on promoting greater diversity and inclusion through enhanced cooperation activities in the maritime field…
The European Bank for Reconstruction and Development (EBRD) said that it is backing the new US$ 600 million five-year bond issued by Mersin International Port, the operator of Turkey’s largest port.The Bank has invested US$ 90million in the issuance…
Optimarin, the ballast water treatment (BWT) specialist, has reported a year-on-year increase in sales of more than 100% for Q3, with order intake at an all-time high. The growth, consolidating the trend seen in Q2, comes on the back of a number…
Freeport LNG has reached a new milestone - it has become the sixth major US liquefaction facility to start up, with the operator confirming that production had begun at the Texas facility.'McDermott International along with its partners, Chiyoda International Corporation and Zachry Group…
In the quarter of a century since its formation in 1994, ballast water treatment (BWT) specialist Optimarin has never experienced a year quite like 2018.The Norwegian headquartered firm has revealed that the previous 12 months saw it sell more than 100 systems and achieve record revenues…
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