South & Central Asia
China, Australia to Launch New Shipping Service
China’s Rizhao Port Group and Australian Great Southern Shipping have joined forces to create a new shipping partnership which will operate a service between the two countries through five Australian-flagged 5,000 TEU ships. The service will launch from Rizhao, make stops in Brisbane, Sydney, Bell B
PTT eyes cooperation with Gazprom, signs second LNG MoU in Russia
Russian giant Gazprom, on Wednesday, said it has signed a memorandum of understanding on cooperation in the oil and gas industry with PTT of Thailand.
Qatargas ships first spot cargo to Jera
Qatargas on Thursday said it has agreed the first spot LNG cargo purchase with Jera, a joint venture between Japanese utilities Tepco and Chubu Electric.
Jan De Nul Reports Increased Turnover for 2015
Jan De Nul Group, an international contractor specializing in dredging, land reclamation, heavy lifting, offshore and environmental services, has just released its business results for 2015, achieving solid performances despite difficult market conditions. The traditional dredging market showed limi
Novatek, PTT in LNG MoU
Novatek, the operator of Yamal LNG-project, on Wednesday, said it has signed a memorandum of understanding on potential cooperation in liquefied natural gas with PTT of Thailand.
Central Dredging Association’s Annual Report Published
The Central Dredging Association (CEDA) has just released its 2015 Annual Report which details their work over the previous year and highlights work related to the new initiatives. “2015 has been another remarkable year. One in which we hosted a number of key events including Dredging Days, in Ahoy
Containerships to hire new shipbuilder for LNG-powered vessels
Finnish cargo company, Containerships, said in its interim report it has delayed the delivery of its first LNG-powered containership to early 2018 due to a change of the shipyard.
Danish Ship Finance: Shipyards Could Be Left without Orders by 2017
It is essential that new orders are placed within the next three to six months for the yard industry to fill up its orderbooks for 2017, according to Danish Ship Finance. The orderbook is rapidly approaching the low levels seen at the start of 2013, but 2016 looks to be a reasonable year for shipbui
Sri Lanka eyes LNG-fired power plant, axes coal plant plans
Sri Lanka decided to ditch the plans to build a 500-megawatt coal-fired power plant and turn to an LNG-fired option, according to the country’s petroleum minister Chandima Weerakkody.
Protean wraps up initial WEC deployment phase
Protean Wave Energy has completed the initial phase of the stage one wave energy farm demonstration deployment off Bunbury, Western Australia.
Samsung Heavy Hands In Its Self-Rescue Plan to KDB
South Korean shipbuilder Samsung Heavy Industries (SHI) has submitted its self-rescue plan to its main creditor, the state-run Korea Development Bank (KDB), the Korea Herald reports citing a company official as saying on Tuesday. The plan, aimed at restoring the company’s liquidity, reportedly inclu
Tokyo Gas sales flat in April
Total gas sales volume by Japan’s Tokyo Gas for the month of April 2016 reached about 1,323,581 million cubic meters, only 0.1 percent down on April 2015 volumes.