South & Central Asia
Spotted: Presenting PFLNG Satu
Image Courtesy: DSME In today’s spotted we present you with the floating liquefied natural gas (FLNG) being built for the Malaysian oil and gas company Petroliam Nasional Berhad (Petronas). The vessel was named PFLNG Satu at Daewoo Shipbuilding & Marine Engineering (DSME) yard in Okpo, South Korea,
OOCL Looking into More Alliances to Keep Scale
As yet another tough year unravels for the container shipping industry Hong Kong’s Orient Overseas (International) Limited says it would continue searching for alliance opportunities in the container shipping sector to save costs. Commenting on the company’s full year results for 2015, Chairman of O
SSI Defines Goals for Sustainable Shipping by 2040
The Sustainable Shipping Initiative (SSI), a coalition of shipping leaders, and industry stakeholders have developed a roadmap to define tangible milestones across all areas of sustainability that must be collectively delivered to create a sustainable shipping industry by 2040. The roadmap highlight
Columbia Power gets New Zealand patent
Columbia Power Technologies has received a patent from New Zealand for its generator air-gap control system. This is the first of the Columbia Power’s pending national patents to be issued for its innovative air-gap control technology, the company states. The system allows a smaller air-gap between
DW: Gap in oil supply/demand to narrow later this year?
Market researcher and energy industry consultancy Douglas-Westwood used its inaugural business breakfast, held in London last week, to present the company’s latest research for the financial sector and energy industry. DW founder John Westwood chaired the proceedings and gave an introductory talk fo
Black & Veatch wins LNG plant job in China
LNG engineer Black & Veatch, together with Chemtex, won the contract for the construction of the Shanxi Qixian liquefied natural gas project in China.
SBSS Wins Hainan Subsea Cable Survey
S. B. Submarine Systems, a joint venture between China Telecom and Global Marine Systems UK, (SBSS) has been awarded the contract for ROV inspection of the Hainan 500kV cable system by China Southern Grid. SBSS said it will mobilize its cable ship Fu An and Sea Lion III ROV from Shanghai to undertak
Readers’ Picks of the Week (Feb 29th – Mar 4th, 2016)
Container Shipping: Consolidate or Die? Consolidation in the container shipping industry is happening for the first time in a decade and will likely continue in 2016, according to a new report from AlixPartners… Read More PETRONAS Delays Second FLNG Malaysian oil and gas company Petroliam Nasional B
Popular news, Feb 29 – Mar 6, 2016
Popular news, Feb 29 – Mar 6, 2016
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (February 29 – March 06). Oil services company Subsea 7 has recorded a loss at the end of fourth quarter on high impairments and lower fleet activity. In the fourth quarter 2015, the Oslo-listed firm b
Top news of the week Feb. 29-Mar. 5, 2016
Ann Pickard joins Woodside Australian LNG player Woodside informed on Monday it has appointed Ann Pickard as a non-executive director. Anadarko slashes 2016 capex, expects “minimal” investment in Mozambique LNG Woodlands-based Anadarko on Friday said it will slash its 2016 spending by almost 50 perc
SeaIntel: Skipping Suez Would Save Money to Carriers
Circumventing the Suez Canal on Asia-USEC and Asia-North Europe services may save carriers on average USD 235,000 per voyage as they would not need to pay the canal fee. However, opting to sail south of Africa instead of through the Suez and Panama Canals adds more days to the overall voyage. In its