South & Central Asia
Update: Two Survivors Found after Indonesian Ferry Sinks
Three days after the ferry Marina Baru sank in the waters off southern Sulawesi, Indonesia, two survivors were found yesterday, while more than 70 people are still missing, according to Reuters. One of these two survivors was the captain of the ferry, who will be interviewed regarding the sinking as
HHI to build LNG tankers for SK E&S
Hyundai Heavy Industries of South Korea has been selected as the preferred bidder to construct three LNG carriers for SK E&S.
Benoi Basin Dredging Kicks Off
The maintenance dredging work in the vicinity of ST Marine Yard, Benoi Basin, is about to begin, according to the Maritime and Port Authority (MPA) of Singapore. Starting from December 23rd to April 30th 2016, the dredging will be carried out in the Benoi Basin. The dredging work will be carried out
Entry into Force of BWM Convention Yet to Be Confirmed
Despite the fact that forty-seven countries have now ratified the Ballast Water Management (BWM) Convention with Morocco and Ghana bringing the convention ever closer to entry into force, the question still remains on whether the requirement for parties to hold 35% of the world’s tonnage has been me
Tepco’s November LNG imports drop YoY
Japanese utility, Tokyo Electric Power (Tepco) informed its LNG imports in November were at 1.72 million tons, not changing compared to the same month in 2014.
Sinotrans Seals Deal on Arctic LNG Carriers
Hong Kong-listed Sinotrans Shipping Limited has closed the deal with Dynagas and CMES subsidiary, China LNG Shipping (Holdings) Limited (CLNG) to participate in the construction of five Arctic LNG carriers. Sinotrans said that it has entered into a series of agreements for the formation of five join
Chevron, China Huadian Green Energy Enter LNG Deal
Chevron Corporation’s subsidiary, Chevron U.S.A. Inc., has signed a non-binding liquefied natural gas (LNG) supply Heads of Agreement (HOA) with power generation corporation China Huadian Green Energy Co. Ltd. When the agreement is finalized, China Huadian Green Energy is expected to receive up to 1
Indian Navy eyes OTEC
Indian Navy is exploring the possibility of setting up an ocean thermal energy conversion (OTEC) plant that would provide power for its Andaman and Nicobar Islands base. According to The Economic Times, the 20 MW OTEC project could involve the engagement of Indian companies Godrej and Kirloskar as s
IADC to Host More Conferences in the Future
The International Association of Dredging Companies (IADC) is interested in hosting more conferences in the future following the success of its 50th Anniversary Conference, “From Birth to Boom: Asian Maritime Megastructures”. The conference which was held at the Island Shangri-La Hotel in Hong Kong
Otto Energy asks for two-year moratorium off Palawan
Otto Energy has asked for a two-year moratorium over its Service Contract 55 (SC 55), offshore Palawan Basin in the Philippines. SC 55 is a deep-water block located in the southwest Palawan Basin, covering an area of 9,880km2. According to Red Emperor Resources, an ASX and AIM listed exploration com
Cochin and GTT Make It Official
Indian Cochin shipyard and French containment systems specialist Gaztransport & Technigaz (GTT) have signed an agreement that will enable the yard to construct India’s liquefied natural gas (LNG) carriers. In a deal signed on Monday, Cochin received a license by GTT for the construction of LNG carri
Still No Sign of MV Thorco Cloud’s Missing Crew
The six crew members of the Antigua and Barbuda-flagged freighter Thorco Cloud that went missing after their ship sank in the Singapore Strait in the evening hours of December 16 remain unaccounted for despite ongoing search and rescue efforts, according to the Mission of Seafarers responding to the