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“In God we trust. All others must have data.”When Ed Grimm took the helm of Southern Towing Company (STC)as President and CEO…
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AXIS Pipeline Construction Group and ST Engineering Halter Marine and Offshore shipyard have partnered to service the subsea fabrication and installation market.
Nexans Designs Power Umbilicals for OneSubsea

OneSubsea, the subsea technologies, production and processing systems division of Schlumberger, has contracted Nexans to…
Petronas in Game for a Third FLNG Unit

Malaysian oil and gas company Petroliam Nasional Berhad (Petronas) would build a third floating liquefied natural gas (FLNG)unit…
Japanese Shipbuilding Giants to Merge

Japan's biggest shipbuilders Imabari Shipbuilding and Japan Marine United (JMU) have formalized their business alliance by…
Singapore Raises Concern over HHI-DSME Deal

The Competition and Consumer Commission of Singapore (CCCS) has expressed concern about the agreement of fusion notified…
Diana Shipping Posts $1.8M Q3 Net Income
Diana Shipping reported net income of $1.8 million and net income attributed to common stockholders of $3 million for the third quarter of 2019. This compares to…
Asian Refiners Strive to Finish IMO Preparations

At SK Energy's largest refinery in South Korea, engineers are rushing to complete a new processing unit ahead of schedule…
SHI Wins Two Ice-class Tanker Order

South Korean shipbuilding giant Samsung Heavy Industries Co (SHI) has won a 187.5 billion-won (US$158 million) order to build…