South & Central Asia
Popular news, July 11 – 17, 2016
popular news
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (July 11 – July 17). Norway’s offshore union Industri Energi (IE) plans to boycott Bibby Offshore to prevent it from securing more work on the Norwegian Continental Shelf due to information suggesting
Ocean Alliance to Increase US East and Gulf Coast Service
Shipping companies from the Ocean Alliance are looking to deploy increased ocean carrier services from Asia to the US East and Gulf Coast ports starting from April 2017, according to the US Federal Maritime Commission (FMC). The alliance, which consists of the French shipping company CMA CGM, China’
Readers’ Picks of the Week (July 11th-15th, 2016)
Boskalis Decides to Withdraw 24 Vessels Dutch dredging and maritime company Boskalis has decided to take 24 vessels out of service in the 2016-2018 period through their scrapping, sale and lay-up… Read More CSL Bulk Carrier Aground in St. Lawrence River Channel The 37,690 dwt bulk carrier Whitefish
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (July 11-17, 2016). Boskalis Announces Job Cuts and Fleet Reduction Royal Boskalis Westminster N.V. has completed its fleet rationalization study announced earlier this year. The Netherlands to Implement New Flo
Kogas reports decline in June sales
South Korea’s Kogas, the world’s largest corporate buyer of LNG, reported a drop of 2.7 percent in its sales volume in June.
Heavy Force Scores Gahdhoo Island Contract
The Republic of Maldives’ Ministry of Environment and Energy, together with Heavy Force Private Limited, recently signed an agreement for construction of the coastal protection structures in Gaaf Dhaalu atoll Gahdhoo Island. The project includes construction of 950 meter rock revetment in the Gahdho
Hanjin Shipping Still in Talks on Charter Rate Cuts
South Korea’s cash-strapped company Hanjin Shipping has still not reached an agreement with shipowners on charter rate cuts, according to The Korea Herald. Namely, the company is negotiating with 22 shipowners as part of its self-rescue efforts. The announcement follows recent reports that Hanjin Sh
Navig8 Product Tankers Adds New LR1 Ship
Shipping company Navig8 Product Tankers, a joint venture between the Navig8 Group and DVB Bank, has taken delivery of a 74,000 DWT LR1 tanker Navig8 Pride, from South Korean shipbuilder SPP Shipbuilding Co., Ltd. The Navig8 Pride is the first of four vessels contracted at SPP to be delivered to the
Seamec Adds to HAL Offshore Charter Deal
Seamec, the provider of diver support vessel-based diving services, will be suplying a remotely operated vehicle (ROV) and personnel in addition to its previously arranged charter with parent company HAL Offshore for the multipurpose diving support vessel Seamec II. The vessel charter followed the L
OOCL to Set Up New Asia-Adriatic Service
Hong Kong-based Orient Overseas Container Line (OOCL) is to launch a new Asia-Adriatic service (AAS), extending its existing Mediterranean network to the Adriatic region. The new service provides coverage between Asia and Adriatic ports, including Italy, Slovenia and Croatia, on top of the company’s
Ezra Suffers Another Quarterly Loss
Offshore oil and gas contractor, Ezra Holdings, has posted a loss for the third quarter ended May 31, 2016, as it books one-off non-cash charge of $181.3 million and sees a continued decline in its offshore support and production services division. The Singapore-based company generated a quarterly l