South & Central Asia
Sembcorp Marine secures $1.5 billion loan to position for offshore recovery
Sembcorp Industries is providing Singapore’s offshore rig builder Sembcorp Marine with a five-year subordinated loan facility of S$2 billion ($1.5 billion), which will strengthen Sembcorp Marine’s financial position amidst the current downturn in the global offshore and marine industry.
Hong Kong duo ink LNG supply deal with Shell
Hong Kong utilities, Castle Peak Power Company (CAPCO) and the Hongkong Electric (HK Electric) signed a deal with Shell Eastern Trading, for long-term LNG supply for the Hong Kong offshore LNG terminal.
Inpex, Shell submit revised Abadi LNG plan of development
Japan’s Inpex Corporation, through its unit Inpex Masela, has submitted to Indonesian government authorities a revised plan of development for the Abadi LNG project.
MISC orders OceanMight modules for Vestigo offshore facilities
Malaysia’s OceanMight has received a letter of award to supply a module related to the upgrade of Vestigo Petroleum’s two offshore facilities.
Hapag-Lloyd Boxship Briefly Grounds, Hits Crane in Vietnam
Hapag-Lloyd vessel damaged a gantry crane in Vietnam after briefly grounding, company confirmed.
MOL in Short-Term LNG Carrier Charter Deal With India’s GAIL
The Japanese shipowner did not reveal which carrier was chartered out.
GAIL hires LNG carrier from Japan’s MOL
Japan’s shipping giant Mitsui O.S.K. Lines (MOL) has signed a short-term charter agreement for a liquefied natural gas (LNG) carrier with state-run gas company GAIL India.
Tokyo Gas inks LNG supply deal with Sumitomo
Japanese utility Tokyo Gas signed a heads of agreement regarding the sale and purchase of liquefied natural gas (LNG) with Sumitomo Joint Electricity Power.
Pavilion Energy buys Iberdrola’s LNG assets
Temasek-owned Pavilion Energy has entered into an agreement to purchase the portfolio of LNG assets of the Spanish energy company, Iberdrola.
Hyundai Mipo Secures Containership Order
Hyundai Mipo Dockyard receives an order for two feeder containerships.
KS Drilling scraps ZPMC offshore rig order
Singapore’s KS Energy, via subsidiary KS Drilling, has reached an agreement with ZPMC to cancel a jack-up rig construction order signed in 2014.
Japan’s LNG imports decline again in May
Japanese imports of liquefied natural gas (LNG) have declined again in May after a brief jump in April.