Stena Power & LNG Solutions completes successful model testing for Vietnam LNG-to-power project 

Swedish shipbuilder Stena Power & LNG solutions said on 4 October, that the company has completed the successful testing of a jettyless LNG receiving terminal ahead of deployment to Vietnam. …

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Höegh Autoliners signs Letter of Intent for two ammonia-ready car carriers in China

On 1 October, the Norwegian roll-on/roll-off provider Höegh Autoliners announced that it has entered into a Letter of Intent (LoI) with China Merchants Heavy Industry (Jiangsu) Co., Ltd. (CMHI) to build a …

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After Maersk’s billion sale: China to continue to invest in Danish specialist knowledge

Maersk Container Industry (MCI), headquartered in the Danish city of Tinglev, has been sold to China International Marine Containers Ltd. (CIMC) for DKK 6.6 billion. Despite the sale, however, the …

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Foreign firms expand investment in Vietnam despite covid-19 setback

Foreign companies including the Swedish-Swiss multinational food packaging and processing company, Tetra Pak continue to expand their businesses in Vietnam despite the country’s Covid-19 setbacks. VN Express writes that several …

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Customers can add items to shopping list ahead of IKEA Philippines’s online store launch  

The Swedish furniture giant IKEA is opening the world’s largest IKEA store which will also be the Philippines’ first IKEA store in the fourth quarter of this year. IKEA Philippines …

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Finnish dairy firm Valio enters into a distribution partnership with DKSH for SE Asian market

Finnish dairy and food company Valio has entered into an agreement with food and beverage ingredient distributor DKSH on the distribution of special milk powders to Valio’s industrial customers in …

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