South & Central Asia
Japan: Inpex starts supplying gas through Toyama Line
LNG terminal developer, Inpex, on Thursday said it has begun supplying Nissan Chemical Industries with natural gas through the Toyama Line extension completed in June.
China’s CNPC hires Frigstad Shekou offshore drilling rig
China’s oil giant CNPC has hired Frigstad Offshore’s semi-submersible drilling rig Frigstad Shekou. This is Frigstad’s first of two drilling rigs under construction at China’s Yantai CIMC Raffles yard. With the length of 117m, width of 92.7m and height of 118m, Frigstad Shekou is equipped with DP3 d
Malaysian Duo Join Forces to Provide Repair Services
Two Malaysian firms have joined forces to form a joint venture company in an effort to provide repair services of marine vessels which include dry docking repair, refit, refurbishment, maintenance and technical solutions at the ship repair facilities located in Kemaman, Terengganu. Namely, the count
DredgingToday.com Podcast: Global Dredging Perspective
Welcome to the second DredgingToday.com Podcast, with our host Rosie Moth of RedMeters.com. In this episode we will be discussing the global dredging perspective with the Secretary General of the International Association of Dredging Companies, Rene Kolman, and Technical Consultant Murray Leach. The
Mako Turbines gets on ATC16 semifinal list
Mako Turbines, a tidal energy developer based in New South Wales, Australia, has been shortlisted as semi-finalist for the Australian Technologies Competition (ATC) Business Accelerator.
Magseis sinks to red as revenues drop
The Norwegian seismic survey company Magseis sank to a loss during the second quarter of 2016 compared to a profit in the year-ago quarter as its revenues declined. The seismic player on Wednesday posted a net loss of $3.97 million for the 2Q 2016, compared to a profit of $1.6 million in the same pe
GE Scores Indonesia Decom Work for Premier Oil
GE Oil & Gas subsidiary, PT. VetcoGray Indonesia, has been awarded a field decommissioning contract with Premier Oil Indonesia, to support the shut-down of four subsea wells in the Anoa Field, offshore Indonesia. The trees were among the first to be installed by GE in the Asia Pacific region in the
Precious Shipping Sells Two Handysize Old-Timers
Thailand-listed dry cargo ship owner Precious Shipping has disposed of two Handysize bulk carriers, MV Suchada Naree and MV Apisara Naree, pursuing its strategy to modernize the fleet by selling older and acquiring younger vessels. The 1994-built Suchada Naree was sold for USD 1.28 million. The sale
Oil falls as investors assess chances of output freeze
Oil fell for the first time in a week on Wednesday, but remained in sight of six-week highs, as investors weighed up how successful potential talks among producers to rein in ballooning oversupply would be.
The Curious Case of “Hijacked” Vier Harmoni
A product tanker carrying 900,000 liters of diesel, initially believed to be hijacked off the coast of Malaysia, could have fled to international waters due to a commercial dispute, local media reported Adon Shalan, Malaysian Maritime Enforcement Agency’s (MMEA) Rear Admiral, as saying. Adon said th
APL Setting Up Asia – Caribbean Link
Singapore-based container shipping company APL plans to launch a new weekly feeder service, the Island Bridge Express (IBX), connecting the Caribbean and Asia. The company said IBX will enable cargo movements between the two regions via connecting APL services at the Caribbean transshipment hub of K
South Korea LNG imports down 15.2 pct in July
Imports of liquefied natural gas (LNG) by South Korea, the world’s second-largest buyer of the chilled fuel, dropped 15.2 percent year-on-year in July, according to the customs data.