South & Central Asia
Genting Hong Kong Cuts Loss as Revenues Rise
Net loss was at USD 213.3 million in 2018, as compared to a net loss of USD 244.3 million in 2017.
SubCom Inks H2 Cable Deal to Link Australia to Hong Kong
Subsea cable company SubCom will install the first direct link from Australia to Hong Kong. SubCom was commissioned to build the $380 million subsea cable by Singapore-based H2 Cable. The cable is said to be due for completion in 2022 and also includes a possible trans-Pacific branch to Los Angeles
MTCC Signs Keyodhoo Harbor Contract
The Maldives Transport and Contracting Company Plc (MTCC) has won a contract to construct the Phase Two of V. Keyodhoo Harbor in Vaavu Atoll. Under the agreement, the Keyodhoo development program will include dredging of 6.300m³ of material, construction of a 102m breakwater, 97m of revetment, 212m
GOGL Takes Stake in Singapore Marine
Golden Ocean acquires a 15% ownership interest in Singapore Marine, a dry bulk freight operator.
NGO: 142 Ships Beached in South Asia in Q1
NGO Shipbreaking Platform: 142 ships ended up on South Asian beaches in the first quarter of 2019.
Jan De Nul Takes Delivery of the World’s First EU Stage V Dredger
Keppel Offshore & Marine Ltd (Keppel O&M) – through its wholly-owned subsidiary Keppel Singmarine – has delivered the world’s first European Union (EU) Stage V dredger on time and within the budget. Built for Jan De Nul and named Afonso de Albuquerque, the ultra-low emission Trailing Suction Hopper
CLIA: Global Cruise Passenger Numbers Grow in 2018
Cruising continued at a paced growth around the world in 2018, according to CLIA.
NYK Line agrees 20-charter for LNG newbuild with Edison
Nippon Yusen Kaisha (NYK Line) said it has signed a contract with Edison, a Milan-based energy company, to charter out a newly built liquefied natural gas (LNG) carrier for up to 20 years, including optional extension periods.
ASA Welcomes Japan’s Accession to HKC
The Asian Shipowners’ Association welcomes Japan’s ratification of the Hong Kong International Convention.
Maran Gas orders new LNG carrier at DSME
South Korea’s shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) has booked a new liquefied natural gas carrier order from the Greek shipping company Maran Gas Maritime, a unit of Angelicoussis Shipping Group.
Royal HaskoningDHV to Deliver Master Plan for Mekong Delta
Royal HaskoningDHV has been selected to deliver the first integrated Master Plan for the Mekong Delta in Vietnam, funded by the World Bank. According to their announcement, the plan will set out development orientations and spatial planning across different disciplines in the Mekong Delta to 2030, w
Japan’s spot LNG price drops in March
The price of spot liquefied natural gas contracted in Japan continued its decline in March.