South & Central Asia
Philippine company decides not to invest in Emas Offshore
Philippine corporation Udenna has broken off negotiations over a potential investment of $73 million in Emas Offshore.
HPH Trust Ends 2018 with Major Loss
HPH Trust ended 2018 with loss of HKD 10.2 billion, compared to a profit of HKD 2.2 billion reported in 2017.
Excelerate in LNG ship-to-ship transfer milestone
Texas-based Excelerate Energy said its floating storage and regasification unit (FSRU) Exquisite completed the company’s 1,500th ship-to-ship LNG transfer operation.
Pelindo I Wraps Up Sibolga Port Expansion
Sibolga Port in North Sumatra is set to see an increase in activities, following the completion of a three-year renovation, undertaken by state-owned port operator Pelindo I, The Jakarta Post reports. The development project included the construction a new multi-purpose dock spanning 153 meters and
Hunter Maritime Launches Tender Offer to Complete Merger with NCF
Hunter Maritime Acquisition commences a tender offer to complete a merger with NCF Wealth Holdings.
Dutch Companies Plan to Invest in Karachi Port Trust Projects
Dutch companies are keen to invest in projects at the Pakistan’s Karachi Port Trust (KPT), said the Dutch Ambassador Ardi Stoios Braken during a visit to the port earlier this week, DAWN.com reports. The ambassador was accompanied by a high-level 20-member Dutch maritime delegation who expressed the
Inpex: Oceanic Breeze makes first delivery to Naoetsu LNG terminal
Japan’s Inpex said that the Oceanic Breeze liquefied natural gas carrier called at the Naoetsu LNG terminal in Joetsu City, for the first time on Tuesday.
Dredging Part of Manila Bay Clean-Up Efforts
The Department of Environment and Natural Resources (DENR) is looking for best practices that will be used to clean up Manila Bay and its tributaries including dredging, announced DENR Undersecretary Jonas Leones. “The work involved is so big,” Leones said, highlighting importance of technologies an
K Line’s LNG Carrier in Maiden Call to Naoetsu Terminal
K Line’s LNG carrier, sailing from Ichthys LNG in Australia, made a maiden call to Japan’s Naoetsu LNG Terminal.
Velesto reveals rig contract extension with Hess
The U.S. oil company Hess has extended the contract for the Naga 8 jack-up drilling rig in Malaysia. The rig is owned by Velesto Drilling, a company previously known as UMW Offshore Drilling.
HMM: Uncertainty over Cargo Volumes to Continue in 2019
HMM expects uncertainty over cargo volumes to continue in 2019 due to global economic factors.
Piraeus to Strengthen Cargo Flows with Venice, Chioggia
The Piraeus Port Authority reached a deal with Ports of Venice and Chioggia to strengthen cargo flows.