World LNG demand is forecast to rise from 158 billion cubic meter (bcm) to 269 bcm by 2010 and to 428.5 bcm by 2020. This growth represents an average annual trade growth of 7.6% over the near-term, with a slowing to 5.4% through to 2015 and 4.
New area offices in Perth, Australia, and Singapore have been established by Jet Research Center (JRC) of Arlington, Texas. The facilities will provide the complete range of JRC explosive technology to the petroleum, marine construction, and dredging industries.
Installed on a new 80,700-dwt tanker, the first unit of the SSG (Super-economical Shaft Generator) system developed by IHI (Ishikawajima-Harima Heavy Industries Co., Ltd.), Japan, has demonstrated excellent performance through the ship's official trial runs,
Keppel Shipyard of Singapore has been awarded a $S14 million contract (about $8.13 million) contract to convert the M/V Audax, a 32,452-dwt bulk carrier into a selfdischarging bulk carrier. The conversion will involve replacement of existing cranes with advanced bulk-lift,
An entirely new marine servicing company which will operate on a worldwide basis is CCL Shipcare Limited of Winchester, Hampshire, England. CCL Shipcare, which was recently formed out of the established Continental Combustions Limited, is a subsidiary of the Petrocon Group,
Promet Private Limited of Singapore, with the collaboration of Baker Marine Corporation of Ingleside, Texas, has announced receipt of a contract for the construction of a BMC 150 H class self-elevating, c a n t i l e v e r beam, mobile d r i l l i n g platform from Arabian Drilling Company,
J . Ray McDermott & Co., Inc.'s s u b s i d i a r i e s in Southeast Asia have recently been awarded contracts with values totaling more than $60 million. The following are the major projects which make up approximately $50 million of this total.