South & Central Asia
Pirates Kidnap Four Malaysian Crewmen
Four Malaysian crew members were kidnapped by pirates on Friday, April 1st while their tug was under way around 17 nautical miles East of Pulau Sipadan, Sabah, Malaysia. “Eight armed pirates in a speed boat approached and boarded the tug underway,” IMB’s piracy reporting center said. As informed, on
Update: Indonesia tells Inpex to go with onshore Abadi LNG plant
Japan’s Inpex said on Monday it has been instructed by the Indonesian government to re-propose a plan of development for the Abadi gas field based on an onshore LNG plant instead of the planned FLNG project.
China Main Import Source for EU
China has topped the European Union’s list of countries of import taking 20% share of the bloc’s all imports from outside the EU in 2015, data from European statistics agency Eurostat shows. The United States followed in the second place with 14% share and Russia in the third spot with 8%. During th
Livestock Carrier Greyman Express Joins Its Owner
China’s Cosco Guangdong Shipyard has delivered the new livestock carrier Greyman Express to the Dutch shipping company Vroon. Greyman Express, which was named at the shipyard on March 18, is the sixth and penultimate vessel in Vroon’s newbuilding programme. The livestock carrier was launched at the
Sabine Pass’ second LNG cargo heading for India
Sabine Pass LNG’s second commissioning cargo that left the facility on March 15 aboard the 162,000 cbm Clean Ocean LNG carrier is reportedly set to unload in India at the Dabhol LNG terminal.
Cosco Chairman: Nobody left unscathed by oil market debacle
China’s Cosco, a company building drilling rigs and ships, has, as almost all of its peers, been impacted by sliding oil prices and slowing global economic growth in 2015. In a message to shareholders, reviewing the company’s performance in 2015, Chairman Wang Yu Hang said overcapacity and unceasing
Indonesia tells Inpex to develop onshore solution for Abadi gas field
Following reports that Indonesian government has decided against the proposed floating LNG solution for the development of the Inpex-operated Abadi offshore gas field, the Japanese company has now issued a confirmation. In a statement on Monday, Inpex said it had received a notification from Indones
India’s Dabhol terminal ups LNG deliveries
India’s Dabhol LNG import terminal has more than doubled the number of LNG cargoes it received during the fiscal year that ended in March, as compared to the same period a year ago.
DW Monday: FEEDing the Recovery
Backlogs for subsea equipment manufacturers have been historically high in recent years – following record levels of subsea tree orders posted in 2013-2014, writes Douglas Westwood in its DW Monday report. The process of working through these backlogs has thus-far cushioned the market against the de
Popular news, Mar 28 – Apr 3, 2016
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Readers’ Picks of the Week (March 28 – April 1, 2016)
Drunken Captain Grounds Ship off Rostock, Germany Dutch cargo ship Abis Bergen ran aground on Saturday, March 26th at the entrance of the German port of Rostock blocking the access to the port while its captain was under … Read More Hanjin Shipping Moves Forward with Sale of London Office South Kore
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (March 28 – April 03). Aker Solutions has won a global framework agreement to deliver engineering and project management services at BP-operated subsea oil and gas fields. The contract has a fixed peri