South & Central Asia
Oiltech Consultancy Services to Represent Aquatic in India
Aquatic Asia Pacific, an Acteon company, and subsidiary of Aquatic Engineering & Construction, has appointed Oiltech Consultancy Services (OCS) to market their portfolio of flex-lay solutions, engineering services, patented equipment and offshore personnel to operators and subsea contractors in Indi
Armada Kraken FPSO named in Singapore
Singapore’s Keppel Offshore & Marine is set to deliver a Floating Production Storage and Offloading (FPSO) vessel to Malaysian shipowner Bumi Armada. The naming ceremony of the FPSO, Armada Kraken, was held at Keppel Shipyard on Saturday, August 27, 2016. Armada Kraken is a harsh-environment FPSO un
Popular news, August 22 – 28, 2016
Popular news, August 22 – 28, 2016
Top News of the Week, 22 – 28 August 2016
GE Tabling Bid for Adwen This Week? General Electric (GE) plans to submit a bid to buy the offshore wind turbine maker Adwen, a 50 -50 joint venture between Gamesa and Areva, this week, according to the French magazine La Lettre de l’Expansion. HeavyLift@Sea Unveils Upgraded Wind Farm SOV Design Ger
Readers’ Picks of the Week (August 22 – 26, 2016)
Alphaliner: Hapag-Lloyd Unveils UASC’s USD 4 Bn Debt Ahead of Hapag-Lloyd’s annual general meeting, the German company has revealed the financials of its merger partner Dubai-based UASC, which include the Arab carrier’s total financial debts of USD 4 billion as at the end of June 2016… Read More Bos
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (August 22 – August 28). Allseas’ single-lift installation / decommissioning and pipelay vessel “Pioneering Spirit” has executed its maiden heavy lift project. The Project involved removal ofthe 13,500
Top news of the week August 22-28, 2016
State to take over control of giant Alaska LNG project The Alaska Gasline Development Corp, owned by the state of Alaska, said it plans to assume full management of the $45 billion-plus Alaska LNG Project by the end of this year. Hoegh LNG in first FSRU conversion project Oslo-based Höegh LNG has te
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (August 22-28, 2016). Damen Repairs Van Oord’s Two Split Hopper Barges Damen Shiprepair Vlissingen recently completed a broad scope of maintenance and repair works on the Van Oord-owned Split Hopper Barges Jan Bla
Lackluster Freight Rates Push China COSCO Further into Loss
Dragged by lackluster freight rates in the container shipping market during the first half of 2016, the shipping and logistics company China COSCO Holdings Company Limited recorded a net loss of CNY 4.8 billion (USD 720 million) for the period. Despite the slower growth of shipping capacity when com
Sembmarine completes purchase of Norway’s LMG Marine
Singapore’s offshore rig builder Sembcorp Marine Ltd has completed the acquisition of Norway’s LMG Marin AS for $20 million. Sembmarine said on Friday that LMG has now become an indirect wholly-owned subsidiary of the company. Offshore Energy Today reported on Sembmarine’s plans to acquire the Berge
VTTI Suspends Ops at Malaysian Terminal due to Oil Spill
Energy storage company VTTI, owned by energy trader Vitol, has suspended operations at its terminal in Malaysia due to an oil spill upon receipt of a Notice of Suspension by the Johor Port Authority, according to the company. The oil spill occurred on August 24 while the tanker MT Trident Star was l
Spotted: Giant Pipe Racks on HHL Valparaiso
German shipping company Hansa Heavy Lift has transported five pipe racks and three modules for a new floating production storage and offloading (FPSO) unit off the coast of Brazil. With the heaviest piece weighing 730 metric tons, the cargo was loaded onto the 2010-built vessel HHL Valparaiso at the