South & Central Asia
LNG-powered Ternsund completes sea trials
Winterthur Gas & Diesel informed that the LNG-powered 15,000 DWT chemical tanker, Ternsund, built by AVIC Dingheng Shipbuilding in China for Terntank Rederi, recently passed the sea trials.
India’s May LNG imports up 43.4 pct
India’s imports of liquefied natural gas rose 43.4 percent in May as the country is continuing to enjoy low prices of the chilled fuel. India imported 2,082 million metric standard cubic metres (mmscm) of LNG in May compared with 1,452 mmscm in the same month last year, according to the data from oi
HMM in Talks to Join 2M Alliance
In an effort to survive the current weak demand in the container shipping industry, South Korea’s shipping major Hyundai Merchant Marine (HMM) has started discussions to join the world’s largest alliance 2M, Danish shipping firm Maersk Line told World Maritime News. “We can confirm that we – 2M – ar
SE Asian Countries Join Forces to Stop Kidnappings
In an effort to deal with the rising number of kidnappings and pirate attacks in the Southeast Asia, the Philippines, Indonesia and Malaysia have joined forces to decrease security risks in the area, according to the Philippine Department of National Defense. In a meeting held on Monday, the parties
KS Energy amends jack-up rig contract with ZPMC
Singapore-listed KS Energy and China’s Shanghai Zhenhua Heavy Industry (ZPMC) have amended the terms of the contract for the delivery of a jack-up drilling rig being built by the Chinese shipyard. KS Energy, through its offshore drilling subsidiary KS Drilling, ordered the jack-up rig of a Friede &
COSCO Zhoushan Hands Over Front Jaguar to Frontline
Chinese COSCO (Zhoushan) Shipyard, a subsidiary of COSCO Shipyard Group, has delivered a 111,000 dwt oil tanker to John Fredriksen-controlled oil tanker shipping company Frontline Ltd. Featuring a length of 252 meters and a width of 44 meters, the new Marshall Islands-flagged vessel was named Front
Spotted: COSCOL Da Hua Finds Room for Two Huge Cranes
In today’s spotted we bring you an image of COSCOL Heavy Lift vessel MV Da Hua being loaded with two mobile harbor cranes (MHC) at Chinese Nantong Port on June 8. Following the loading of the two cranes, the vessel departed to Myanmar. The company said the loading of COSCOL’s DA type I multipurpose
MHI Turning Back on Cruise Ships?
After experiencing cost overruns in its cruise ship sector, Japanese shipbuilder Mitsubishi Heavy Industries (MHI) is now reviewing its future position in the cruise shipbuilding industry, The Financial Times said. MHI has been discussing its future involvement in cruise shipping with its customers,
Loss of Hanjin and HMM Carries Multi-Billion Price Tag
South Korea’s economy would be hit by damages in the amount of some USD 19.1 billion if the country losses two of its major shipping companies Hanjin Shipping and Hyundai Merchant Marine (HMM), The Korea Herald cited the projections from the Korea Shipowners’ Association. According to the associatio
New TSHD Severnaya Dvina Officially Introduced in Rotterdam
FSUE Rosmorport’s new trailing suction hopper dredger, the Severnaya Dvina, has been officially presented to the public at the Damen Shiprepair yard in Rotterdam, the Netherlands. The vessel – built by Damen’s Song Thu Corporation shipyard in Da Nang – will today set sail for Arkhangelsk, Russia. Th
COSCO Shipping to Cruise in Hot South China Sea
The newly-created shipping major China COSCO Shipping Corporation (COSCOCS) has revealed its intention to launch cruise lines in the South China Sea starting from July, local media reported. Namely, the company’s first route would depart from China’s Sanya to the Yongle Island, part of the disputed
V.Ships Offshore to manage Milaha’s lift boat
V.Ships Offshore, part of V. Group, has been awarded a new ship management contract by Milaha Offshore to provide full technical and crew management services for their self-propelled jack-up lift boat – the Milaha Explorer. The ship management services will be delivered from V.Ships Offshore’s newly