South & Central Asia
Top news of the week August 19-25
LNG World News’ top articles of the past week.
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (August 19 – August 25). https://subseaworldnews.com/2019/08/21/adnoc-dishes-out-3-6b-in-deals/ https://subseaworldnews.com/2019/08/20/subsea-7-eyes-fresh-ideas-with-engineering-conversion-programme/ h
Drewry: Stronger US-China Ethane Trade to Boost Demand for VLECs
Ethane trade on the U.S.-China route has the potential to create demand for about 30 VLECs, Drewry said.
Maran Gas orders sixth LNG carrier from Daewoo Shipbuilding
Shipbuilding giant DSME has booked a new LNG order from Greek shipping company Maran Gas Maritime.
India’s LNG imports rise nine percent in July
Imports of liquefied natural gas (LNG) into India rose in July when compared to the corresponding period last year.
Ultra Deep Solutions Lands Contract for DSCV Matisse
The vessel will be delivered in Q2 2020 on a contract said to be between $50 million – $250 million.
IHC to Attend the Annual ‘Dredging in India’ Conference
Royal IHC has just announced that they will attend the annual ‘Dredging in India’ conference, which takes place at TC Maratha, Mumbai from 4-5 September. During this event, Jaco Kleijwegt (Area Sales Manager India) will give a presentation about Inland Waterway Dredging. The event is celebrating its
ADS Crude Carriers to Pay More for Scrubber Installations
The expected investment increased to around USD 6.5 million, from the previously guided USD 5.5 million per vessel.
Alphaliner: HMM to Add 34 Ships to THE Alliance’s Network in 2020
The company would contribute 519,000 TEU in ships to the network, Alphaliner cited HMM’s earlier revealed plans.
CSSC (Hong Kong) Shipping Secures USD 600 Mn Loan
On August 20, the company confirmed it received a financing letter from an undisclosed bank in relation to the loan.
Maran Gas Places Order for Its 6th LNG Carrier at DSME
The new 174,000 cbm unit is scheduled for delivery by the fourth quarter of 2021.
Essar Ports Eyes Cargo Throughput of 60 Mn Tons in FY20
Essar Ports expects to meet its target of handling 60 million tons of cargo in FY 2020.