Landmark Capital, a venture of investors David Wu and Paal Utvik, invests in offshore drilling rigs as well financing vessels such as Anchor Handling Tug Supply (AHTS), platform Supply Vessels (PSVs), LPG ships and LNG tankers. The firm was a founding...
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Landmark Capital, a venture of investors David Wu and Paal Utvik, invests in offshore drilling rigs as well financing vessels such as Anchor Handling Tug Supply (AHTS), platform Supply Vessels (PSVs), LPG ships and LNG tankers. The firm was a founding investor of Maritime & Merchant Bank (M&M), a shipping bank based in Norway, announced in 2013. It already owns a semi submersible drilling rig, Shell Nanhai 7. Shell Nanhai BV and CNOOC Petrochemicals Investment Limited (CPIL) are collaborating in the CPC petrochemical complex in Guangdong and in the Daya Bay of the South China Sea. The new LNG carrier is the first in a planned fleet of 10-20 vessels designed for worldwide trade, and featuring coastal, inland, and STS capability, reports TradeWinds. New containment system The mid-size carrier will be constructed at Xiamen Shipbuilding Industries, and is its first LNG carrier order. The shipyard offers contracted newbuildings through its associated shipyards and owned yards. David Wu had
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