LNG

Seatrium of Singapore, the shipyard engineering company with continuing liquefied natural gas project successes, reported a three-fold increase in annual revenues underpinned by LNG vessel deliveries to Greece and West Africa.

Keppel Offshore and Marine, the Singapore shipbuilding and conversions company, has signed a contract for the first LNG floating regasification and storage unit that will be deployed in the Latin American country of El Salvador and will also build the largest US hopper-dredger for the Gulf of Mexico.