In October, the Singapore-based player completed the repurposing of a tanker into a floating production, storage, and offloading (FPSO) vessel, which is expected to assist in increasing oil and gas production off the coast of Indonesia.
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14 days ago
about 1 year ago
Singapore-based shipbuilding player PaxOcean has landed a contract with Japan’s Penta-Ocean Construction to construct a 14,000 deadweight tonnage (DWT) cable laying vessel (CLV), seen as a “key project” in Japan’s offshore wind industry. According to PaxOcean, the vessel is expected to be delivered
