South & Central Asia
Pioneer Marine Abandons Two Final Newbuildings
Oslo-listed shipowner and dry bulk transporter Pioneer Marine has decided to terminate the last two of its newbuilding contracts for Green Dolphin 38,400 dwt Handysize bulkers following a mutual agreement with Chinese Yangzhou Guoyu Shipyard. According to the company, the instalments paid in relatio
Haa Alifu Coastal Protection Scheme Starts
Coastal protection works at Haa Alifu atoll Hoarafushi officially started yesterday, according to the Republic of Maldives’ Ministry of Environment and Energy. The ceremony was inaugurated by the President of Republic of Maldives, His Excellency Abdulla Yaameen Abdul Gayyoom. The project, worth arou
JDR’s Flying Leads for Vashishta & S1 Project Off India
UK-based JDR has been awarded a contract by GE Oil & Gas, on behalf of ONGC, for the Vashishta & S1 project offshore India. The Vashishta & S1 fields are located in the KG Basin, 30 to 35 kilometers off the east coast of India, at a water depth of 250 to 700 meters. JDR’s scope […]
Essar Shipping Wins Arbitration Case against SAIL
Indian shipping corporation Essar Shipping Limited has won an arbitration case against the Steel Authority of India Limited (SAIL). In accordance with the ruling, SAIL is requested to pay Rs 323 crore (USD 48 million) in damages to Essar Shipping for termination of contract relating to coal transpor
Canada: Premier Clark sets out on LNG mission to Asia
The premier of Canada’s British Columbia province, Christy Clark, on Monday, began her seventh trade mission to Asia seeking new markets for BC’s liquefied natural gas industry.
Corona Victory Expands K Line’s Coal Carrier Fleet
Tokyo-based Kawasaki Kisen Kaisha, Ltd. (K Line) has expanded its coal carrier fleet with the latest addition of an 88,000 dwt-type special coal carrier Corona Victory on May 24. Featuring a length of 230 meters and a width of 38 meters, Corona Victory was handed over at the Japanese Marugame Shipya
Pageo Sets Up Singapore ROV Fleet
Pageo Utama of Jakarta, a provider of survey, positioning and subsea support facilities to the offshore oil and gas industries, has expanded its range of services with establishment of an in-house fleet of 12 work class ROVs. The ROVs are operating under the management of a new subsidiary in Singapo
JDR to provide hardware for ONGC’s offshore field in India
UK’s JDR, a supplier of subsea umbilicals and power cables to the offshore energy industry, has been awarded a contract by GE Oil & Gas, on behalf of operator ONGC, for the Vashishta & S1 project. The Vashishta & S1 fields are located in the Krishna Godavari Basin, 30 – 35 kilometres off the east co
India: GMR Group proposes Kakinada LNG terminal
Bangalore-headquartered GMR Group is eyeing construction of a 1.75 million tons per year LNG terminal at Andhra Pradesh’s Kakinada sea port.
Clarksons: Asia/Pacific Owners to Return at the Helm of World Fleet
Asia/Pacific based owners could get back at the lead as largest market holders of the world fleet, thus reversing the recent trend that saw European owners at the forefront. Namely, Asia/Pacific based owners hold the largest proportion of the orderbook, 45.7%, with 23.2m GT more on order than their
Waterking Delivers Dredging Equipment to Central Asia
Waterking BV, a Dutch company involved in the production of amphibious excavators, has recently delivered dredging equipment for a gas processing project in Central Asia. This project includes dredging operations for the creation of a new access channel for cargo transportation. The first delivery i
Qatar, Bangladesh talk LNG supplies
Qatar and Bangladesh on Sunday discussed broadening energy cooperation including future LNG supplies, according to a statement by Bangladesh’s Ministry for Power, Energy & Mineral Resources. Mohammed bin Saleh Al Sada, Minister of Energy and Industry of Qatar, met on Sunday in Doha with Bangladesh’s