South & Central Asia
BP signs LNG supply deal with PLN, sets up Tangguh Train 3 FID
BP of UK said it has signed a deal to supply LNG to the Indonesian power utility Perusahaan Listrik Negara (PLN) until 2033.
Costa Sends Fifth Cruise Ship to Asia
The 1800-passenger Costa neoRomantica will be based in Asia year-round starting from April 10, 2017, the cruise ship’s owner Costa Group said. The 56,800-gross ton vessel will be the fifth Costa ship deployed regularly in Asia and operated by the Costa Asia brand. “The deployment of a fifth Costa sh
South Korea to Lift Sewol Wreck in July
The wreck of the Sewol ferry, which sank exactly two years ago taking more than 300 people with it, could emerge from the water off South Korea’s southern coast by the end of July 2016, according to South Korea’s Ministry of Oceans and Fisheries (MOF). The salvage operation, which will be undertaken
India Moves Forward with Establishment of Wadhavan Port
Jawaharlal Nehru Port Trust (JNPT) and Maharashtra Maritime Board have signed a Memorandum of Understanding (MoU) that relates to establishment of a Greenfield port at Wadhavan, Maharashtra. The project forms part of Indian government’s initiative to build eight ports, with only three announced so f
Petronet LNG enters MoU with India’s inland waterways authority
Petronet LNG, India’s largest importer of the chilled fuel has entered into a memorandum of understanding to boost LNG use in the country’s inland waterway transport.
Kogas sales slide in March
South Korea’s Kogas, the world’s largest corporate buyer of LNG, said its sales volume totaled 3.14 million metric tons for the month of March, 4.4 percent down on the same month the previous year.
Ezra Looks to Dispose of FPSO Lewek EMAS
Singapore-listed offshore contractor, Ezra, and EMAS Offshore Production Service, a wholly-owned subsidiary of EMAS Offshore, have accepted a non-binding letter of intent (LOI) to sell at least their current combined 78,4 per cent in PV Keez to a global infrastructure investment firm. PV Keez is a s
Offshore WIND Vessel Directory 2016 Looking For a ‘Cover Girl’
The offshore wind industry will have a new reference directory at Seawork International in June: the Offshore WIND Vessel Directory 2016. This third edition of the directory offers an updated overview of available vessels in the market, including a new category: the Multicat work boats. For this thi
COSL’s jack-up drilling rig stays in Indonesia with Saka
China’s COSL Drilling has obtained a contract extension for one of its jack-up drilling rigs. The driller said that the Hai Yang Shi You 937 jack-up rig will continue working for Indonesian oil company Saka. COSL said that the Indonesian state-owned offshore oil exploration and development company h
Multipurpose Shipping to Pull Through by End of 2017
The multipurpose shipping market is not expected to recover until the end of 2017, when more bulk demand is anticipated for the Handy vessels and therefore more breakbulk cargoes for multipurpose vessels, according to the latest report from shipping consultancy Drewry. The last 12 months have been d
Coleman talks up BC’s LNG prospects in Japan
British Columbia’s minister of natural gas development Rich Coleman recently returned from Japan where he held talks with a number of companies interested in BC’s LNG potential.
Ezra, EMAS Offshore Sell Their Share in FPSO Lewek Emas
Singapore’s Ezra Holdings Limited, an integrated offshore support provider, along with its Vietnamese subsidiary EMAS Offshore Production Service, have agreed to sell their stake in the floating production, storage and offloading unit (FPSO) Lewek Emas. Under the agreement the companies will sell at