South & Central Asia
Rolls-Royce to supply mooring system for world’s largest semi-sub crane vessel
Rolls-Royce has signed a £8 million ($11.5M) contract to supply the mooring system for the world’s largest semi-submersible crane vessel (SSCV), Sleipnir. The vessel will be built in Singapore by SembCorp Marine for the Dutch company Heerema Offshore Services. Asbjørn Skaro, Rolls-Royce, Executive V
New Shipping Giant Enters the Scene
China Cosco Shipping Corporation Ltd was formally launched in Shanghai yesterday, a company created through the merger between China’s two shipping giants China Ocean Shipping (Group) Company and China Shipping Group. The new corporation enters the stage at a very tough period for the shipping indus
McDermott to name new derrick lay vessel in April
Houston-based engineering, procurement, construction and installation company McDermott informed on Thursday that the naming ceremony for its new flagship derrick lay vessel, the DLV 2000, would be held at Keppel’s Singmarine Shipyard in Singapore, on April 14, 2016. The DLV 2000 is a class 3 dynami
McDermott to Name DLV 2000 in April
McDermott said it will hold a naming ceremony for its new derrick lay vessel, the DLV 2000, at Keppel’s Singmarine Shipyard in Singapore on Thursday, April 14, 2016. The DLV 2000 is a class 3 dynamically positioned vessel combining a 2,200-ton revolving crane with a deepwater S-lay pipelay system co
Bail Hearing for Seaman Guard Ohio Crew Pushed to Next Week
The court hearing for the Seaman Guard Ohio crew that was supposed to be held on February 16th has been postponed for next week, the Mission to Seafarers told World Maritime News. Namely, the crew’s defense lawyers are seeking from the court to release the seafarers on bail due to their good conduct
Norstar to Establish New JV Company in US
Singapore’s tanker company Norstar is setting up a new commercial management joint venture based in Westport Connecticut USA, named Norstar Chartering (USA) LLC. The new entity is a collaboration between brothers Chris and Tom Bonehill, principals of the Norstar Group and two senior shipping industr
Sainty Marine One Step Closer to Restructuring
Shenzhen-listed shipbuilder Jiangsu Sainty Marine Corp revealed that its restructuring has been approved by the Nanjing Intermediate People’s Court. The shipbuilder now has until April 17 to compose a restructuring plan. Jiangsu Sainty Marine added that it is contemplating to continue the shipyard’s
iSURVEY Scores Thailand Job for Solstad
iSURVEY Singapore has been awarded a marine construction support contract by Solstad Offshore Asia Pacific to provide positioning and survey support for its 2016 pipeline and platform installation programme in Thailand, on board the DLB Norce Endeavour. iSURVEY will provide positioning services to s
Japan LNG imports down 14.1 pct in January
Japan’s imports of liquefied natural gas reached 7.24 million mt in January, a drop of 14.1 percent as compared to the same month a year before. The world’s largest buyer of chilled gas paid 349,845 million yen (US$3.7 billion) for imports in January, down 55.4 percent as compared to 2015, prelimina
iSURVEY backs Solstad’s pipeline and platform campaign in Thailand
iSURVEY, a provider of survey and positioning services to the oil and gas industry, has been awarded a marine construction support contract by Solstad Offshore in Thailand. Under the contract, iSURVEY will provide positioning and survey support for Solstad Offshore’s 2016 pipeline and platform insta
Wood Mackenzie: industry needs to start adapting for the longer term
Most companies are currently focused on surviving at US$30/bbl by cutting costs and activity, but the industry also needs to start adapting for the longer term, according to a report by Wood Mackenzie.
Alphaliner: CMA CGM, COSCO Forging a Mega Alliance
A new mega alliance appears to be in the making, as French container shipping major CMA CGM and its Chinese counterpart China COSCO lead efforts to set up a new carrier partnership, Alphaliner says. As disclosed, the duo is also seeking to also rope-in Evergreen and OOCL in a plan that could potenti