Gigantism is a common trait across shipping with owning the largest of whichever type of vessel, be it a bulker, a tanker, containership, or gas carrier, a badge of honour, even if sometimes the economics are somewhat more dubious. Seatrade...
Shanghai-based Wison Offshore & Marine is working with KBR on a 1.5mtpa floating LNG (FLNG) liquefaction unit in Papua New Guinea (PNG).
Bankrupt Singapore offshore firm Swiber Holdings is pinning its hopes of a rebirth on the Floating LNG (FLNG) sector.