South & Central Asia
BMT Nigel Gee: Bigger Is Better in Wind Farm Support Vessel Market (Interview)
Wind Farm Support Vessels (WFSVs) have increased in size in the last twelve months following the changes to the UK and German codes and regulations which allowed the vessels to be longer than 24-metre load line and to carry more than 12 technicians, and the trend is set to continue, according to Ed
BMT Nigel Gee: Bigger Is Better in Wind Farm Support Vessel Market (Interview)
Wind Farm Support Vessels (WFSVs) have increased in size in the last twelve months following the changes to the UK and German codes and regulations which allowed the vessels to be longer than 24-metre load line and to carry more than 12 technicians, and the trend is set to continue, according to Ed
GALLERY: Transocean’s rig set to start drilling off Japan
Transocean’s M.G. Hulme Jr. semi-submersible drilling rig has reached South Korea following a trip from Labuan in Malaysia. Captain Neil Johnston, Master aboard the Terasea Falcon deepsea tug was kind enough to share the above images with Offshore Energy Today. The photos show the rig anchoring with
Dutch Minister Launches International Delta Coalition
Melanie Schultz van Haegen, Dutch Minister of Infrastructure and the Environment, officially kicked off the International Delta Coalition today. The governments of the Netherlands, Bangladesh, Colombia, Egypt, France, Myanmar, Indonesia, Japan, Mozambique, the Philippines, South Korea and Vietnam ar
Petronas floats out its second FLNG unit
Malaysian energy giant Petronas has officially launched its second Floating LNG unit, the PFLNG2. The hull was launched at Samsung Heavy Industries (SHI) shipyard in Geoje Island, South Korea on April 30, 2016. The 393-meter-long hull was floated out from the Green Dock 3 to anchor at the quayside o
Petronas: PFLNG2 hull launched at SHI’s shipyard
Malaysian energy giant Petronas on Tuesday said it has launched the hull of its second floating LNG facility at Samsung Heavy Industries (SHI) shipyard in Geoje Island, South Korea at the end of April.
MOL Revamps Asia Services
Japanese shipping company Mitsui O.S.K. Lines (MOL) has upgraded its two services NKX (Strait/India/Pakistan Service) and CHS3 (Japan/Hong Kong/Strait Service) that will be combined into one new service named HSX and jointly operated with Taiwanese shipping company Wan Hai Lines. The new service wil
Tanker Freed from Hijackers off Indonesia, Nine Arrested
The Indonesian Navy has retrieved an oil tanker that had been hijacked by pirates off Borneo arresting nine suspects, all Indonesians, who reportedly had intended to steal and sell the ship’s oil. The 20 crew members and one passenger of the ship, identified as the MV Hai Soon 12, have been rescued
Drewry: Q1 Ordering Slump Good for Tanker Market, But Will It Last?
Newbuilding orders of tanker ships have seen a sharp reduction, but the slowing trend needs to be sustained for the longer-term health of the market, global shipping consultancy Drewry said in its Tanker Forecaster. After numerous orders in recent years, newbuilding activity in the tanker market dec
Fitch: Current oil prices unsustainable in the long run
Average full-cycle costs at major European oil companies fell by 13% last year, according to Fitch Ratings’ analysis. All-in upstream costs remain well above current oil and gas prices, but the integrated business model of these firms make them more resilient to low crude prices. According to the cr
Saudi Aramco says looking at new ventures around globe
DHAHRAN, Saudi Arabia (Reuters) – State oil company Saudi Aramco wants to expand globally and is looking at potential joint ventures in several countries, including Indonesia, India, the United States, Vietnam and China, chief executive Amin Nasser said on Tuesday. “We are looking at the current mar
MOL nears charter deal for Uruguay FSRU project
Mitsui O.S.K. Lines on Tuesday said its unit, Lakler, agreed to conclude a charter contract with Gas Sayago for the FSRU project in Montevideo, Uruguay.