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South & Central Asia

LGM Engineering FGSS ordered for LNG-fueled VLCC
Clean Fuel

LGM Engineering FGSS ordered for LNG-fueled VLCC

LGM Engineering, formerly known as Gloryholder LGM, has secured a deal to supply an LNG fuel gas supply system to Dalian Shipbuilding Industry (DSIC).

about 6 years ago
Oil price war and coronavirus to sink global E&P capex to at least 13-year low, Rystad says
Fossil Energy

Oil price war and coronavirus to sink global E&P capex to at least 13-year low, Rystad says

Under Rystad Energy’s updated base case scenario of $34 per barrel in 2020 and $44 per barrel in 2021, global capital expenditure for exploration & production firms is expected to drop by up to $100 billion this year, about 17% versus 2019 levels.

about 6 years ago
India ditches tidal power projects
Marine Energy

India ditches tidal power projects

India has reportedly decided not to go forward with the proposed tidal power plant developments in states of Gujarat and West Bengal on financial challenges in implementation of these projects. In August last year, India’s power minister Shri RK Singh approved proposal to declare ocean energy as ren

about 6 years ago
Oil price war and coronavirus to sink global E&P capex to at least 13-year low, Rystad says
Fossil Energy

Oil price war and coronavirus to sink global E&P capex to at least 13-year low, Rystad says

Under Rystad Energy’s updated base case scenario of $34 per barrel in 2020 and $44 per barrel in 2021, global capital expenditure for E&P firms is expected to drop by up to $100 billion this year, about 17% versus 2019 levels.

about 6 years ago
Electrically powered
Clean Fuel

Japanese company to build world’s first all-electric bunker tankers

Japan’s Asahi Tanker plans to build the world’s first two zero-emission electrically powered tankers.

about 6 years ago
Crew Members of Maersk Boxship Test Positive for Covid-19
Green Marine

Crew Members of Maersk Boxship Test Positive for Covid-19

Five crew members of a Maersk owned and operated containership test positive for coronavirus.

about 6 years ago
PSA, Jurong Port, Others to Launch Hydrogen Import Study
Green Marine

PSA, Jurong Port, Others to Launch Hydrogen Import Study

The goal is to develop technologies related to the importation, transportation, and storage of hydrogen.

about 6 years ago
Japanese Company to Build World’s First All-Electric Bunker Tankers
Shipbuilding

Japanese Company to Build World’s First All-Electric Bunker Tankers

Japan’s Asahi Tanker plans to build the world’s first two zero-emission electrically powered tankers.

about 6 years ago
Minerva Gas lays keel for LNG newbuild at SHI
Clean Fuel

Minerva Gas lays keel for LNG newbuild at SHI

Minerva Gas, the Greek LNG carrier owner and operator, has made further progress with its newbuilding program.

about 6 years ago
Minerva Gas lays keel for LNG newbuild at SHI
Clean Fuel

Minerva Gas lays keel for LNG newbuild at SHI

Minerva Gas, the Greek LNG carrier owner and operator, has made further progress with its newbuilding program.

about 6 years ago
Petrobras firms up deals for Marlim 2 FPSO with Yinson
Fossil Energy

Petrobras firms up deals for Marlim 2 FPSO with Yinson

Malaysian FPSO provider Yinson has signed contracts with Petrobras for the delivery, operation, and maintenance of the Marlim 2 FPSO.

about 6 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Green Marine

Japan’s two shipbuilding giants to form JV in October

Imabari Shipbuilding and Japan Marine United Corporation agree to form a joint venture.

about 6 years ago
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