South & Central Asia
Pacific Basin Ups Funding Flexibility with USD 115 Mn Loan
Pacific Basin closed a new USD 115 million credit facility, secured over 10 of the company’s owned ships.
NYK Introduces Japan’s 1st Additive for IMO 2020-Compliant Fuel Oil
NYK unveils a new fuel-oil additive for low-sulfur compliant fuel-oil that meets SOx regulations.
Photo: Naming ceremony held for Sonangol’s new drillship
South Korean shipbuilder Daewoo Shipbuilding Marine and Engineering (DSME) has this week hosted a naming ceremony for the Sonangol Quengela drillship.
Singapore Classifies Scrubber Residues as Toxic Industrial Waste
MPA Singapore classified residues arising from exhaust gas cleaning systems as toxic industrial waste (TIW).
EnscoRowan wins $180M in drillship case against Samsung Heavy
Offshore driller EnscoRowan has won $180 million in damages in arbitration proceedings against Samsung Heavy Industry stemming from a 2016 drillship case.
Evergas delivers dual-fueled VLEC to Ineos
Danish shipping company Evergas has delivered a dual-fueled very large ethane carrier (VLEC) to Ineos Trading and Shipping.
Petronas takes three anchor handlers from Perdana
Perdana Petroleum has received work order awards for three vessels from Petronas Carigali.
DeepStar Project Picks Upwing and MHI for EPS Topology
Upwing Energy, an artificial lift technology company, and Mitsubishi Heavy Industries (MHI) have been selected by DeepStar, a global offshore research and development consortium, to perform a feasibility and conceptual study of Upwing’s Magnetic Drive System (MDS) for Electric Submersible Pumps (ESP
AVIC Maritime to Sell Stake in Its Subsidiary
60% shareholding in AVIC Zhenjiang Shipyard Marine will be sold.
CNOOC completes maintenance at Tianjin LNG terminal
CNOOC Gas & Power has recently completed maintenance works at its Tianjin liquefied natural gas import terminal.
Oil firms get more time to apply for exploration blocks in The Philippines
The Philippines government has extended the application period deadline for oil companies interested in acquiring oil and gas exploration acreage in pre-defined areas.
Pacific Basin, MAN Energy Solutions Ink Service Contract for 111 Bulkers
Pacific Basin signs a service agreement with MAN Energy Solutions for 111 bulkers.