South & Central Asia
Barakah takes Petronas to court over licence suspension
Malaysian offshore services provider Barakah Offshore Petroleum has sued compatriot Petronas for RM 1.02 billion ($243.7 million).
Joint Secretary Agarwal at IADC New Delhi Event
The International Association of Dredging Companies (IADC) has confirmed Mr. Rabindra Kumar Agarwal, Joint Secretary of the Ministry of Shipping, to be a keynote speaker at their Dredging for Sustainable Infrastructure Conference which will be held on 18 October 2019 in New Delhi, India. At the even
Stellar Daisy Network Demands New Search to Recover 2nd VDR
Result of the initially retrieved VDR, released on July 26, revealed only partial voyage information.
Construction starts on third Fast4Ward FPSO hull, SBM Offshore reveals
Dutch FPSO provider SBM Offshore has revealed that a Chinese yard has started building its third Fast4Ward FPSO hull.
Genting Hong Kong Agrees to Sell 35% of Dream Cruises
The interest would be sold for USD 489 million to TPG Capital Asia, TPG Growth and Ontario Teachers’.
First Newcastlemax Newbuild Joins 2020 Bulkers
2020 Bulkers has taken delivery of the first of its eight 208,000 dwt newbuilds from New Times Shipyard.
Shanghai Tops Ranking of World’s Best-Connected Ports
The Chinese port garnered a connectivity score of 134 points, according to data provided by UNCTAD.
Drewry: Indian Coal Imports Boost Panamax Rates
The imports are expected to remain high over the next few quarters.
Japan’s spot LNG prices inch up in June
The price of spot liquefied natural gas contracted and imported into Japan during the month of June increased.
Seafarers Working on Dredgers Rank Among the Happiest in the Industry
The latest Seafarers Happiness Index report, published by The Mission to Seafarers recently, has revealed that seafarers working onboard dredging vessels are the most satisfied in the global maritime industry. The report, which is produced in association with leading mutual P&I insurer the Shipowner
Worldwide offshore rig count in July up 45 rigs year-over-year
The worldwide offshore rig count in July 2019 went up by 10 units compared to June, and 45 year over year, according to monthly rig count reports by Baker Hughes, a GE company.
FSRU BW Paris sails out of Keppel shipyard
BW LNG, a unit of the Singapore-based gas shipping giant BW Group, said the BW Paris LNG carrier conversion to an FSRU has been completed at the Keppel shipyard in Singapore.