South & Central Asia
Royal IHC Puts to the Test New Dredger JUN YANG 1
Royal IHC has been busy for the last couple of days performing sea trials for the 21,028m³ trailing suction hopper dredger (TSHD) JUN YANG 1. The vessel, being built for CCCC Guangzhou Dredging Co., Ltd (GDC), is scheduled for completion and delivery by the end of July 2016. This is the 19th vessel
MAN Record-Breaker Propels MSC Jade into Action
Mediterranean Shipping Company’s (MSC) newest containership MSC Jade has entered service, powered by the largest and most powerful engine from MAN Diesel & Turbo’s portfolio. The MAN B&W 11G95ME-C9.5 two-stroke type engine acts as prime mover aboard the 19,437 TEU boxship, which was delivered by Sou
HAM 318 Completes Thinadhoo Land Reclamation
Dredging and land reclamation operations at Thinadhoo are now wrapped up, according to the Maldives’ Ministry of Housing and Infrastructure. Van Oord’s trailing suction hopper dredger (TSHD) HAM 318 started dredging and land reclamation program in the Thinadhoo area on June 1. This scheme resulted i
Moheshkhali LNG terminal given thumbs up
Bangladesh’s Purchase Cabinet recently approved the proposal by the ministry of power, energy and minimal resources to deploy an LNG terminal as well as the government’s deal with Excelerate Energy.
Moody’s Outlook on Global Shipping Sector Stays Negative
As the shipping industry is expected to see its earnings worsen, while freight rates are likely to remain “depressed amid ample supply,” the outlook for the global shipping industry over the next 12-18 months is negative, according to Moody’s rating agency. The aggregate EBITDA of Moody’s-rated ship
Trelleborg Presents Pre-Bend Rubber Dredging Hose
Trelleborg’s engineered products operation is now manufacturing a pre-bend rubber dredging hose in China. “For the first time, Chinese dredging and mining operations will be able to take advantage of the superior wear resistance and flexibility that Trelleborg’s rubber dredging hoses provide, compar
Vroon takes delivery of AHTS VOS Challenge
Shipping company Vroon has taken delivery of its anchor handling tug supply (AHTS) vessel VOS Challenge in China. According to the company, the vessel left Fujian Southeast Shipyard (FSES) in Fuzhou, China on Thursday, June 23 at the start of her journey to Thailand, where she will be delivered to c
Fire Delays CMA CGM Rossini in Colombo
The 5,770 TEU containership CMA CGM Rossini is wrapping up operations at the port of Colombo, Sri Lanka, and will be on its way in a few days after a fire in one of its holds kept the vessel at berth since June 15. Namely, a fire broke out in the hold number 5 on board the vessel while […]
EU: Free Passage Through South China Sea Is Paramount
Due to the large volume of international maritime trade passing through the South China Sea, the European Commission said that freedom of navigation and overflight must remain in the area. As China continues constructing islands in the area, the EU expressed its concerns about the situation in the E
ABB Opens New Integrated Operations Center in Singapore
Swiss-based power and automation technology group ABB is opening its first integrated operations center in Singapore, aiming at increasing ship connectivity. Specifically, sensors and software onboard a ship send equipment and performance data via satellite link which allows shipowners to monitor th
BIMCO Covers Shipping Contract Novation Loopholes
BIMCO has published three standard novation agreements that provide a legal framework to change one of the original parties to a contract. Corporate changes such as restructuring, sale of a company or sale of part of a company’s interests may make it necessary to replace an original contracting part
China Ming Yang Goes Private
Chinese wind turbine designer and manufacturer China Ming Yang Wind Power Group Limited has become a privately held company after completing the previously announced merger with Regal Ally Limited, a wholly-owned subsidiary of Regal Concord Limited, with Ming Yang as the surviving company. As a resu