Andy Home: Nickel market is no longer worried about Russian supply
The market has shrugged off the suggestion by Russian President Vladimir Putin that Moscow could consider capping nickel exports in retaliation to Western sanctions. The London Metal Exchange's (LME) 3-month price managed to make a slight bounce above the $16,000 per metric ton mark, but momentum is fading.
EU Probes Chinese Subsidies and Imports
The European Commission proposed on Tuesday final duties up to 36.3% for imported electric vehicles manufactured in China. This is part of the most high-profile EU investigation into alleged Chinese subsidies, which has provoked threats from Beijing. The EU…
Great Ships of 2020: Seri Everest, World’s Largest Ethane Carrier
Seri Everest, the first in a series of three 98,000 cbm Very Large Ethane Carriers (VLECs) built at Samsung Heavy Industries Co., Ltd. (SHI) and delivered to MISC Berhad on October 30, 2020. Seri Everest is the first from a series of six VLECs that MISC purchased in July 2020.
High Pressure Water Blasters for Shipyards: Aussie Safe Operator Free Training
Australian Pump, an Australian designer and manufacturer of high-pressure cleaning equipment, was chosen to design and build 4,000 psi high pressure water blasters for Sydney’s Garden Island Dockyard. The machines, called the Aussie Atlas, feature an all stainless steel construction and produce a 4…
Subsea Umbilicals Demand Hit by COVID-19
Analysts from Norway's Rystad Energy expect that the global oil and gas investment cuts will severely hit demand for subsea equipment, with demand for subsea umbilicals expected to fall by 32%.Rystad sees just 713 kilometers (km) of lines ordered in 2020, down from 1…
Sandvik to Supply OCTG for ADNOC
Sandvik, a developer and producer of advanced stainless steels, special alloys, titanium and other high-performance materials, said it has entered into a long-term agreement with Tenaris to supply Oil Country Tubular Goods (OCTG) following its award from the…
MOSI Anti-Fouling Coatings for Barnacles and Zebra Mussels
Marine organisms such as barnacles and zebra mussels have been a long-standing nuisance to ship hulls, causing exterior damage, increased power and fuel consumption and environmental concerns. While anti-fouling coatings help to prevent biofouling, a new research…
McDermott Awarded Contract for CB&I Storage Tanks
McDermott International, the fully integrated provider of technology, engineering and construction solutions to the energy industry, announced a contract award for CB&I storage tanks from Nan Ya Plastics Corporation.McDermott's scope of work includes the engineering…
Stainless Steel Tubes for Extreme Offshore Conditions
At the ADIPEC in Abu Dhabi, Schoeller Werk will be presenting its comprehensive range of longitudinally welded stainless steel tubes. The focus will be on solutions for the oil and gas industry. The family company from Germany will be showing its high-load…
Fronius Updates its Welding Systems Portfolio
From the automotive and component supply industry to machine and plant construction, and also the oil and gas industry: mechanized welding processes are indispensable in all metal-working sectors. Fronius Perfect Welding therefore offers a wide range of products and services for automated welding technology.
Ellis Named Chembulk Tanker CEO
Chembulk Tankers appointed David Ellis as Chief Executive Officer (CEO), succeeding Jack Noonan who will retire after 10 years of leading the team at Chembulk Tankers. Effective November 1, 2017, Jack will take on the role of CEO Emeritus through the balance…
Odfjell Orders Two Chemical Tankers
Odfjell SE has announced the signing of long term charter agreements for two chemical tankers with stainless steel cargo tanks, for construction in Japan. The agreement includes two vessels of 35,500 dw tonnes and 28 stainless steel cargo tanks. They are scheduled…
Megastar's First LNG bunkering at Skangas Pori Terminal
To be completed at the Meyer Turku shipyard in late January, Tallink’s new liquefied natural gas (LNG) powered fast ferry M/S Megastar was bunkered with LNG for the first time at the newly opened Skangas Pori LNG terminal on January 4. Her maiden voyage will take place from Tallinn to Helsinki in late January.
New Watermaker Tailored to O&G Operations
FCI Watermakers said its new Neptune+ OG is designed and built specifically for the severe conditions of offshore oil and gas operations, whether on a platform, tanker, carrier or PSV. The unit will make from 3,400 to 10,000 gallons of pure, fresh water a day…
Odffjell to Build Record Size Stainless Steel Chem Tankers
Odfjell has ordered four chemical tankers (with options for an additional four) with stainless steel cargo tanks from China Shipbuilding Trading CO., Ltd. and Hudong-Zhonghua Shipbuilding (Group) CO., Ltd. The ships cost $60m each. The 49,000 dwt ships, with a cargo capacity at 54…
New High-pressure Chemical Injection Valves
Griffco Valve, Inc., Amherst, New York, has announced the introduction of its new line of high-pressure chemical injection valves (injection quills). Used as the transitional point for the chemical before it is injected into process piping, Griffco’s model…
HFG Awards Galloper Contract to Mech-Tool Engineering
Engineering firm Mech-Tool Engineering Ltd. said it has been awarded a major fire and blast wall contract by one of the region’s leading engineering and fabrication specialists. Awarded by Heerema Fabrication Group (HFG), the contract will involve Mech-Tool Engineering Ltd.
Roxtec Safety Seals for Offshore O&G
Roxtec is targeting the marine and offshore oil and gas sectors with a new innovative safety seal which protects life and assets from a multitude of hazards. The firm’s Single Pipe Metal (SPM) product can be used to seal any kind of metal pipe in steel decks or bulkheads and specifically guards against fire…
OMV Poaches Outokumpu Finance Chief
Austrian oil and gas company OMV named Reinhard Florey, chief financial officer of Finnish stainless steel maker Outokumpu, as its new finance chief. Florey, 50, will replace long-serving CFO David Davies, who will step down a month after Florey starts the job, which OMV said on Tuesday would be on Aug.
New Methanol Projects to Change Chemical Shipping Patterns
New US and Middle East methanol production capacity being added over the next two years will have serious implications for chemical shipping trade flow patterns, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry.
