South & Central Asia
Ezra, Emas to sell FPSO Lewek EMAS
Ezra Holdings and Emas Offshore have accepted a non-binding letter of intent to sell at least their current combined 78.4% equity interest in PV Keez to a global infrastructure investment firm. PV Keez is a single purpose company who owns the FPSO Lewek EMAS, which is chartered to Premier Oil as ope
NTC Orders Smart Systems for 70 Ships
China’s Nanjing Tanker Corporation (NTC) is to equip its fleet with smart shipping communication technology provided by mobile satellite communications provider Inmarsat and Cobham Satcom, communications and internet access provider. The duo is to install Inmarsat’s Fleet Xpress technology with Cobh
Another delivery delay for semi-sub Sevan Developer
Offshore drilling contractor Sevan Drilling and China’s Cosco shipyard have agreed to exercise the second six-month option to delay the delivery of Sevan’s newbuild rig, the Sevan Developer. Sevan Drilling and Cosco have agreed to exercise the second six-month option to extend the deferral agreement
Greatship sheds ROV support vessel
Greatship Group, an operator of offshore drilling rigs and offshore vessels, has decided to sell one of its ROV support vessels (ROVSV). Greatship Global Offshore Services, a Singapore incorporated subsidiary of Greatship (India) Limited (GIL), which is a wholly owned subsidiary of The Great Eastern
Rosmorport’s New Dredger Sets Sail for Rotterdam
FSUE Rosmorport’s new trailing suction hopper dredger Severnaya Dvina has left the Song Thu Corporation shipyard (part of Damen Shipyards Group) in Da Nang, Vietnam, and is now on her way to Rotterdam, the Netherlands. Upon arrival, TSHD Severnaya Dvina will undergo final testing and adjustments pri
Gallery: CIMC Raffles delivers jack-up drilling rig
Chinese shipyard CIMC Raffles has delivered its latest jack-up drilling rig – the Kan Tan Qi Hao. The rig was delivered to Sinopec Shanghai Offshore Petroleum Bureau on Tuesday, by Yantai CIMC Raffles yard. According to CIMC Raffles, the rig, classed by ABS, can operate a minus 20 Celsius temperatur
Global oil demand already slowing down, IEA reveals
Growth in global oil demand will ease to around 1.2 million barrels per day (mb/d) in 2016, below the 1.8 mb/d expansion of last year as notable decelerations take hold across China, the United States and much of Europe, the newly released IEA Oil Market Report (OMR) for April has informed. Accordin
Chinese Crews Cleared to Conduct Crew Changes in Brazil
Chinese crews have been allowed to embark, disembark and go ashore in Brazil after five years of suspension, according to the Shipping Protection Ship Services from Brazil. The shipping agency told World Maritime News that it has obtained authorization from Brazilian authorities for all Chinese crew
Update: Hijacked Tug Massive 6 Returned to Owner
The hijacked tug Massive 6 has been returned to its owner, Highline Shipping Sdn. Bhd on April 12, according to the Indonesian Ministry of Foreign Affairs. The four kidnapped Malaysian crew members are reportedly still held captive by the pirates, believed to be Filipino Muslim militants, members of
CEFC, Palisade on point for AU renewables
Clean Energy Finance Corporation (CEFC) and Palisade Investment Partners have announced a new funding strategy aimed at accelerating the development of Australian renewable energy projects.
Chinese Newbuilding Orders on Path of Recovery
Chinese shipyards have seen an increase in newbuilding orders in the first quarter of 2016, according to data released by China’s Ministry of Industry and Information Technology. From January to March of 2016, the country’s newbuilding orders jumped by 23,9 percent to 7.42 million dwt, compared to t
McDermott’s ‘DLV 2000’ almost ready for Ichthys
McDermott, a U.S.-based offshore engineering and construction company, is set to take delivery of a high-specification deepwater derrick lay vessel from Singapore’s Keppel. The derrick lay vessel, which is built to Keppel’s proprietary design, was named DLV 2000 during a ceremony held on Thursday. T