South & Central Asia
TSHD JUN YANG 1 on Her Maiden Voyage
The TSHD “JUN YANG 1”, built Royal IHC in 2016 for Guangzhou Dredging Company (GDC), is currently on her maiden voyage from Kinderdijk, the Netherlands, to Guangzhou, China, taking the long way home via Cape Town. The “Jun Yang 1” of 167.5 x 31.0 meters is propelled by two MAN type 9L48/60CR main en
Nordic American Tankers Names Two New Suezmaxes
Bermuda-based tanker owner Nordic American Tankers Limited (NAT) has named two of its new Suezmax tankers, the Nordic Star and the Nordic Space, on August 24. Nordic Star is scheduled to begin operations in early September, while Nordic Space is still awaiting completion. The 162,000 dwt vessels, sc
Sea Shepherd to Launch 11th Antarctic Whale Defense Campaign
In December this year, the marine conservation group Sea Shepherd Global plans to send its vessels to the Southern Ocean on its 11th direct-action whale defense campaign. Sea Shepherd said it will launch the campaign – Operation Nemesis – in order to defend, conserve and protect minke whales in the
WinGD Engines to Propel SK Shipping’s New LNG Carriers
South Korean shipowner SK Shipping has ordered engines for its new 180,000 m3 liquefied natural gas (LNG) carriers from Switzerland-based engine manufacturer Winterthur Gas & Diesel. The company will delivery two 5-cylinder X72DF engines for each of a pair of the LNG carriers, which were ordered in
WinGD dual-fuel engines ordered for SK Shipping’s LNG newbuilds
Winterthur Gas & Diesel (WinGD) on Tuesday said it has been contracted to supply two 5-cylinder dual-fuel engines for LNG duo currently under construction at South Korean shipbuilder Hyundai Heavy Industries.
India to Finance Port Development and Dredging Projects
The Ministry of Shipping of India has formulated a revised Central Sector Scheme aimed to provide financial support for the creation of infrastructure that will promote movement of cargo/passengers by sea or National Waterways. This is in line with the ministry’s port-led- development program – Saga
Chevron Inks LNG Sales and Purchase Deal with ENN
US-based energy company Chevron Corporation has, through its subsidiary Chevron U.S.A., signed a binding LNG Sales and Purchase Agreement (SPA) with ENN LNG Trading Company Limited (ENN) for the delivery of liquefied natural gas (LNG) to China from Chevron’s global supply portfolio. Under the terms
Creditors to End Hanjin Shipping’s Financial Support
The ailing South Korean container carrier Hanjin Shipping has taken a step toward bankruptcy as its creditors said they would not provide additional financial support to the company. The creditors, led by state-run Korea Development Bank (KDB), said they would halt financial support for the company
India to Inject More Financial Aid in Ports
India’s Ministry of Shipping has increased the scope of the Sagarmala project to provide financial support to its ports and state governments for the creation of infrastructure for movement of cargo and passengers by sea or national waterways in an effort to promote coastal shipping in the country.
MHI Eyes Alliances with Three Japanese Shipbuilders
Due to the current environment surrounding the shipbuilding industry, the Japanese shipbuilder Mitsubishi Heavy Industries (MHI) said that it plans to launch discussions toward forming new alliances with three compatriot shipbuilders, namely, Imabari Shipbuilding, Oshima Shipbuilding and Namura Ship
Rickmers, E.R. Schiffahrt Shelve Merger Plans
Rickmers Holding AG and E.R. Capital Holding have decided not to pursue the merger of their ship management units – Rickmers Maritime Services and E.R. Schiffahrt – for the time being. Rickmers, a service provider in the maritime transport sector and a containership owner based in Hamburg and Singap
Flexlife Teams Up with Afar Engineering in China
Flexlife and Afar Engineering of China have signed a cooperation agreement to work with each other in China. Flexlife is a service provider of specialized engineering, design, delivery, integrity and technology in the area of subsea and topside flexible risers and flow-lines. Afar Engineering is a s