South & Central Asia
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (April 29 – May 05). https://subseaworldnews.com/2019/04/30/mcdermott-sinks-on-restructuring-costs/ https://subseaworldnews.com/2019/05/02/subsea-7-stays-in-red/ This content is available after accepti
Report: Adani Eyes Major Expansion Project at Mundra Port
Adani Group plans to invest big to increase cargo capacity at the country’s Mundra port.
Vietnamese Offshore Wind Farm Breaks Ground
Vietnam’s Tra Vinh Wind Power has held a groundbreaking ceremony to mark the start of construction of the 48MW Korea- Tra Vinh wind farm (Phase 1). The Korea- Tra Vinh intertidal wind farm (Phase 1) will comprise 24 2MW wind turbines installed offshore the Mekong Delta province of Tra Vinh. The proj
Sembcorp Marine books smaller profit, expects low production activity amid intense competition
Singapore’s offshore rig builder Sembcorp Marine booked a smaller quarterly profit due to lower revenues from the rigs, floaters, and platforms projects.
Adani Invests Big in Mundra Port Expansion
Adani Ports and Special Economic Zone Ltd (APSEZ) has introduced plans to invest Rs 57,594 crore to expand the capacity of Gujarat’s Mundra Port – the flagship port of APSEZ, The Hindu Business Line reports. The proposed expansion of Mundra’s waterfront development plan (WFDP) includes extension of
Lloyd’s Register approves HMD’s LNG-fueled tanker design
Hyundai Mipo Dockyard (HMD) has received approval in principle (AiP) from Lloyd’s Register for an LNG-fueled 50,000-dwt class MR tanker design.
GasLog lays keel for new LNG carrier at SHI
Monaco-based LNG shipper GasLog said it has held a keel laying ceremony for its liquefied natural gas carrier currently under construction at the South Korean Samsung Heavy Industries shipyard.
SHI scores eighth LNG carrier order of 2019
South Korean shipbuilder Samsung Heavy Industries has booked a new order for a liquefied natural gas carrier.
Samsung Heavy Fetches Its 8th LNG Carrier Order in 2019
Samsung Heavy secured an LNG carrier order from an undisclosed Oceania region shipowner.
Bangladesh’s 2nd LNG Terminal Starts Operations
Bangladesh commissioned its second LNG terminal, the Summit LNG Terminal, offshore Moheshkhali Island.
Borr’s talks for two rig contracts come to naught
Offshore drilling contractor Borr Drilling has received cancellations of two letters of intent for jack-up rigs, which are currently warm-stacked in Singapore.
Pavilion Energy completes first STS LNG bunkering in port of Singapore
Pavilion Energy said it has performed the first commercial ship-to-ship LNG bunkering in the Port of Singapore.