LNG

April 3 (LNGJ) - Sembcorp Marine Ltd, the Singapore-based shipbuilding and conversions yard for offshore energy platforms, including for the LNG sector, is proposing to change its name from Sembcorp Marine to Seatrium Limited following the merger with the other main Singapore shipyard operator Keppel Offshore & Marine Ltd. The proposed change of name is subject to shareholder approval.

   “Seatrium is a combination of two words – ‘sea’ and ‘atrium’,” explained the Singaporean company. “It is a reflection of the business and its aspiration to be a premier global player providing innovative engineering solutions for the offshore, marine and energy industries,” it added.

Singapore’s largest shipping and energy sector companies, Keppel Corp. Ltd and Sembcorp Marine, have agreed a multi-billion-dollar deal to merge Keppel Offshore & Marine and Sembcorp Marine to create a global provider of offshore energy infrastructure services covering oil-to-LNG, transition fuels and reviving the Singaporean shipyards sector.

Malaysia Marine and Heavy Engineering Holdings Group (MHB), which offers dry-docking and repairs for LNG carriers and the construction of processing modules and platforms, reported a widening of losses in the second-quarter earnings.

Keppel Corp of Singapore and Royal Dutch Shell have completed the first liquefied natural gas truck-to-ship bunkering for a liquefaction and production vessel built at the Keppel shipyard for service offshore the West African nation of Cameroon.

Singapore shipyard Keppel Offshore and Marine said it would soon deliver the world's first converted Floating Liquefaction Vessel (FLNGV) owned by Norwegian project company Golar LNG and set to be deployed offshore the West African nation of Cameroon.

Keppel Corp. of Singapore said it entered into an agreement with a subsidiary of Royal Dutch Shell to form a joint venture company, establishing a Singaporean liquefied natural gas bunkering business in the port of the Asian city state.