South & Central Asia
HMM to Set Up Scrubber Installation Fund
Hyundai Merchant Marine signed an MoU to establish a win-win fund for scrubber installation.
Medco increases Ophir takeover bid to $537 million
London-based Ophir Energy on Wednesday said that Medco Energi Global has decided to increase the recommended all cash offer to acquire Ophir.
India’s LNG imports edge down in February
India’s imports of liquefied natural gas (LNG) continued its decline reporting lower figures in February.
Petronas inks gas supply deal with PetroVietnam
Malaysian energy giant Petronas signed a binding heads of agreement with Vietnam Oil and Gas Group (Petrovietnam) for the sales and purchase of additional gas from Malaysia to Vietnam.
Alphaliner: Carriers to Increase Asia-Europe Transit Times
Alphaliner: Carriers to stretch transit times on Asia – North Europe route as sailing speeds are further reduced.
MAN Engines to Power Eastern Pacific’s 11 New Boxships
Eastern Pacific Shipping’s eleven 15,000 TEU containerships will feature conventional and dual-fuel engines.
MAN ME-GI engines ordered for Eastern Pacific Shipping’s LNG newbuilds
Singapore-based Eastern Pacific Shipping has exercised an option connected with an order for 5 15,000-TEU boxships placed in November 2017, and requested another six vessels.
Hong Kong Unveils Massive Land Reclamation Plans
The Hong Kong Government yesterday revealed an ambitious plan for the construction of the Kau Yi Chau Artificial Islands and related key projects under the Lantau Tomorrow Vision plan. According to Secretary for Development Michael Wong, the cost for the construction of Kau Yi Chau Artificial Island
Tanker Fire Takes Lives of Two Seafarers off South Korea
Two seafarers lost their lives in a fire aboard an oil tanker off the southern coast of South Korea.
Manora partners approve budget for 2019 drilling program
Mubadala Petroleum has approved a 2019 work program and budget for four firm wells and one contingent well at the Manora oil field in G1/48 located in the Gulf of Thailand.
Chart, Indian Oil Corp ink LNG MoU
Chart Industries and Indian Oil Corporation (IOCL) signed a memorandum of understanding (MOU) to promote the development of the LNG market in India.
Van Oord orders equipment for two LNG-powered dredgers
Royal IHC has been awarded a contract for the design and delivery of the complete dredge installations for two new LNG-powered trailing suction hopper dredgers from Van Oord.