MSE Enters LNG Repair Business
In line with the changing business pattern in the ship repair industry and new business opportunities in the fast growing fleet of lng carriers around the world, Malaysia’s Malaysia Shipyard & Engineering (MSE) has entered the lng repair business. The yard has demonstrated its ability to innovate, reposition and transform itself to cater to this specialised niche market and shown its commitment by investing substantially to build up lng repair capabilities and facilities. As part of a drive to enhance capability and expertise in the repair of lng carriers, MSE has entered into a Technical Service Agreement on October 15th 2002 with Gaz Transport Technigaz (GTT).
MMHE Eyes Partnership
According to Business Times, Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE), a wholly-owned unit of MISC Bhd, is seeking to collaborate with other shipyards in the country in the construction of deepwater facilities for the oil and gas industry. MMHE managing director and chief executive officer Wan Yusoff Wan Hamat said the company is making contacts with local shipyards. He did not identify the shipyards, but indicated that collaborations will be in deepwater projects in line with the company's target to become the region's centre of excellence for deepwater support services and maritime repairs. Recent discoveries of deep-sea wells have pushed up demand for offshore facilities such as production platforms, semi-submersible rigs and drilling rigs.
