South & Central Asia
Report: HHI to Formally Acquire DSME, Final Deal Expected in March
Hyundai Heavy is to sign a formal deal to acquire compatriot rival DSME.
Japan’s spot LNG price down in January
The price of spot liquefied natural gas contracted in Japan was pegged back during January 2019, according to the Japanese Ministry of Economy, Trade and Industry (METI).
JES Placed under Judicial Management
JES International Holdings filed an application in Singapore to place the company under judicial management.
Report: Samsung Heavy Unlikely to Bid for DSME Stake
SHI will unlikely submit its offer to buy a majority stake in the compatriot shipbuilder DSME.
Bassoe: Mind-numbing boredom consumes the offshore rig market, but it won’t last
It’s gotta stop at some point. And it will. There’s more excitement coming.
Qatargas CEO: natural gas is key in energy transition
Liquefied natural gas is a destination fuel in the future of energy, playing a major role in the energy transition the world is embarking on, according to Qatargas CEO Khalid bin Khalifa Al Thani.
BW names third FSRU BW Magna
Singapore-based gas shipping giant BW Group on Monday informed it has named its newbuild FSRU at the South Korean Daewoo Shipbuilding & Marine Engineering (DSME).
Coro Energy buys into Mako gas field offshore Indonesia
Coro Energy has entered into an agreement to buy a 15 percent share in the Duyung offshore block in Indonesia.
Offshore supply chain recovery to continue in 2019, WoodMac says
The global offshore upstream supply chain saw signs of recovery in 2018, and this looks set to continue in 2019, according to global natural resources consultancy Wood Mackenzie.
Interview: Higher oil prices alone can’t save debt-laden OSV players
There is a long ride ahead for the offshore support vessel owners, and some of them might not make it to the finish line
APL Vancouver Fire Under Control off Vietnam
The situation aboard the fire-stricken APL Vancouver is under control, according to the ship’s operator APL.
Hapag-Lloyd’s large containership set for LNG retrofit
Hapag-Lloyd will become the first company in the world to convert one of its large containerships to LNG power.