MISC Berhad results were slightly lower than the quarter ending December 2012 but were in line with its expectation.For the quarter ending March 2013, MISC reported a marginal 2.3% increase in its revenue from the December quarter mainly due…
Nam Cheong, Malaysia’s largest Offshore Support Vessel (OSV) builder, ends year with record number of sales.Sales of the Platform Support Vessel (PSV) and the two Anchor Handling Towing Supply Vessels (AHTS) are worth a total of US$ 56.4-million…
Bumi Armada Berhad secures syndicated Indian banks term loan facilities of up to US$276.4-million for FPSO 'Armada Sterling'.Malaysia-based international offshore oil and gas services provider, company Bumi Armada Berhad announced today that its jointly controlled entity…
SapuraKencana Petroleum Berhad (SDRL) & Seadrill Limited sign MOU to integrate their tender rig businesses.The new and restructured tender rig business will mark a new phase of cooperation between the two companies. The enlarged tender rig business under SapuraKencana will comprise…
Shipbuilder Nam Cheong Group wins order from Perdana Petroleum Berhad to build two Accommodation Work Barges (AWB).The contracts are worth worth a total of US$59- million and came from Perdana Petroleum Berhad (“Perdana”), an established…
MISC Berhad (MISC) confirms that a fire broke out onboard its 38,000 DWT chemical/palm oil tanker, Bunga Alpinia The vessel was alongside the PETRONAS Chemicals Methanol Sdn Bhd terminal in Labuan when the incident took place.The ship has 29 crew members…
At the 150th Annual Meeting of the Members of ABS, three industry leaders were elected to the ABS Council. Following the Annual Meeting, the ABS Council met and elected industry leaders to both its Marine and Offshore Technical Committees. Individuals…
OSX was hired by Sapura Navegação Marítima S/A for the construction of one PLSV (Pipe-Laying Support Vessel), for a total amount of approximately US$ 263 million, to be built and delivered by OSX at the Açu Shipbuilding Unit, in the north of the State of Rio de Janeiro…
Seven directors were elected to the Board of the UK P&I Club at its AGM in Athens on the 27th October. Biographical details: brahim Güngen: Chief Executive Officer of Güngen Maritime & Trading A/Ş, Ankara, Turkey After obtaining a postgraduate degree in industrial engineering…
Keppel Shipyard Ltd (Keppel Shipyard) has secured three conversion contracts worth a total of S$142 million. These conversion contracts are to convert a Liquefied Natural Gas (LNG) Carrier to a Floating Storage Unit (FSU), a VLCC tanker to a…
MISC Bhd said its wholly-owned unit, AET Inc Ltd, signed a contract with Samsung Heavy Industries for the purchase of four new 158,500-dwt Suezmax tankers at a cost of $67.8m each, according to a report in the Malaysia Star. The Suezmax tankers…
TDW Offshore Services AS (TDW) has completed a key pipeline pressure isolation and joint testing operation offshore western Borneo in Malaysia for Sarawak Shell Berhad. TDW worked on platform F23P-A, which is part of the facilities operated…
Drydocks World – Southeast Asia Pte. Limited (DDW-SEA), the Southeast Asian subsidiary of Drydocks World, announced the deliveries of vessels Endeavor, Greatship Ahalya, Mermaid Vision and Ark Dartmoor from their Drydocks World – Nanindah yard…