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  • Japan ship firm pays $39 million to China after seizure

    MOL.

    2014 Apr 24

    Japan ship firm pays $39 million to China after seizure

    Japanese shipping firm Mitsui O.S.K. Lines Ltd has paid about $39 million to a Chinese court towards securing the release of one of its ships which was seized over an alleged payments dispute dating back to World War Two, Japanese media reported on Thursday.

  • Hong Kong Receive BMT Maritime Strategic Study

    BMT Asia Pacific

    2014 Apr 24

    Hong Kong Receive BMT Maritime Strategic Study

    BMT Asia Pacific (BMT), a subsidiary of BMT Group Ltd, says it has completed a major strategic study - “Enhancing Hong Kong’s Position as an International Maritime Centre (IMC)”, undertaken on behalf of the Hong Kong Transport and Housing Bureau.

  • Russia's Yamal LNG chooses gas carriers - report

    Yamal LNG

    2014 Apr 24

    Russia's Yamal LNG chooses gas carriers - report

    The Yamal LNG project in Russia's Arctic has chosen Russian Sovkomflot, Japan's Mitsui OSK and Canada's Teekay LNG to build gas carriers worth $5 billion, a daily newspaper reported on Wednesday.

  • Aker Solutions and Baker Hughes Form Subsea Production Alliance

    Aker solutions

    2014 Apr 24

    Aker Solutions and Baker Hughes Form Subsea Production Alliance

    Oslo, Norway, and Houston, Texas - Aker Solutions ASA and Baker Hughes Incorporated (NYSE:BHI) have agreed to form an alliance to develop technology for production solutions that will boost output, increase recovery rates and reduce costs for subsea fields.