South & Central Asia
At Least 13 Missing after Tanker Sinks in Arafura Sea
At least thirteen people are missing after an oil tanker, identified as KM Azula, sank in the Arafura sea off Papua, Indonesia, during the weekend, local media reported. The search and rescue teams, including Angora search and rescue teams, police and navy personnel, continued their efforts on Tuesd
Teekay Modifies LNG Newbuild into Its First FSU
Canadian shipping company Teekay LNG Partners has decided to upgrade one of its standard LNG carriers into the company’s first floating storage unit (FSU). According to the vessel’s builder, South Korea-based Daewoo Shipbuilding & Marine Engineering (DSME), the deal for the carrier was signed in Feb
WODA to Present Environmental Excellence Awards
The World Organization of Dredging Associations (WODA) has just announced that the organization will, for the first time, present the 2016 WODA Environmental Excellence Awards. The overall process and criteria are similar to the annual Environmental Excellence Awards initiated by WEDA in 2011. Three
DSME: Teekay upgrades LNG carrier order to FSU
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) informed on Wednesday that Teekay upgraded one of its earlier orders for an LNG carrier to a liquefied natural gas floating storage unit (FSU).
Singapore to Use New Bunker Mass Flow Metering Rules
The Maritime and Port Authority of Singapore (MPA) has launched the world’s first national technical reference for bunker mass flow metering of marine fuel oil deliveries in Singapore, which are expected to come into effect from January 1, 2017. MPA said that the new guidelines will set out clear re
Algoma Wins Court Dispute against Bankrupt Mingde Heavy
UK Arbitration Tribunal in London has ruled in favour of Canadian Algoma Central Corporation with regard to a contract dispute involving three shipbuilding contracts between Algoma and Chinese shipbuilder Nantong Mingde Heavy Industries Stock Co. Ltd. “We are extremely pleased that the Tribunal has
Gazprom aims to boost LNG market share
Russian gas giant Gazprom said Tuesday that its board approved an updated list of measures aimed at increasing the company’s share in the global gas and LNG markets. The updated list suggests “more precise definition of Gazprom’s business areas“, particularly in pipeline and liquefied natural gas su
Ensco scoops Chevron gig in Indonesia. Delays jack-up newbuild in Singapore
Ensco, a UK-based offshore drilling contractor, has received a contract award for one of its drilling rigs from Chevron in Indonesia. According to Ensco’s February fleet status report, the 2011-built, deepwater, semi-submersible drilling rig Ensco 8504 is currently mobilizing to Indonesia. The rig w
Wärtsilä designing dive support vessel for Chinese client
Finland’s Wärtsilä has signed a contract with Shanghai Bestway Marine Engineering Design Co Ltd to design a new type of deep water dive support vessel. The ship is to be built for China state-owned Shanghai Salvage Bureau (SSB), one of the largest professional salvage companies in China. The contrac
Thrust Maritime Supports SapuraAcergy’s Diving Ops Off Myanmar
Australian Thrust Maritime will provide Malaysian SapuraAcergy and their diving associated entity SapuraKencana Allied Marine with a remote hyperbaric recovery and reception capability for its latest gas project offshore Myanmar. SapuraAcergy will use Thrust Maritime’s technology to ensure the safe
Barakah Offshore lands work on world’s first FLNG unit
Barakah Offshore, a Malaysian provider of oilfield services, has been selected by Petronas to work on what is expected to be the world’s first Floating LNG unit – the PFLNG1. According to a Bursa Malaysia filing on Tuesday, Barakah Offshore’s subsidiary PBJV will be responsible for the post installa
Boa Offshore gets money back after vessel cancellation in China
Boa Offshore, a provider of offshore services for the oil and has industry, has been repaid a full amount of the advance payments for the cancelled offshore vessel order in China. To remind, Boa PSV, a subsidiary of Boa Offshore, in May 2013 signed a contract with Nantong Mingde Heavy Industry in Ch