South & Central Asia
ClassNK grants AiP for Kawasaki’s LNG-fueled bulker design
Classification society ClassNK granted approval in principle (AIP) to Kawasaki Heavy Industries (KHI) for the concept design of an LNG-fuelled 207,000-DWT bulk carrier.
HRAS: 8 Seafarers Abandoned off Namibia Suffering from Serious Mental Health Issues
8 Indian seafarers abandoned offshore Namibia suffering from fatigue and serious mental health problems.
Hyundai Seeks to Take Over DSME, Inks Conditional Deal with KDB
Hyundai Heavy Industries Corporation has set sights on acquiring a major stake in compatriot Daewoo Shipbuilding and Marine Engineering.
Exxon presses ahead with Blue Whale development with Saipem FEED deal (Vietnam)
ExxonMobil has awarded a front end engineering and design contract to Italy’s Saipem for the Ca Voi Xanh (Blue Whale) offshore project.
Design Unveiled for World’s First Pure-Electric Tanker
Asahi Tanker and Exeno-Yamamizu jointly developed the new tanker design with zero-emission electric propulsion.
NGO Shipbreaking Platform: 90 Pct of Tonnage Scrapped on South Asian Beaches
A total of 744 large ocean-going commercial vessels were sold to the scrap yards in 2018.
Shizuoka Gas inks LNG supply deal with China’s Clean Energy
Japanese gas utility Shizuoka Gas signed an LNG sale and purchase agreement with Clean Energy in China for the delivery of chilled fuel from the Shimizu LNG terminal in ISO containers.
India’a IOC seeking Ennore LNG commissioning cargo
Indian Oil Corporation is reportedly seeking a liquefied natural gas cargo to use for the commissioning purposes of its Ennore LNG terminal at the Kamarajar port.
iContainers: US-China Trade War, Brexit Exerting Huge Pressure on Ocean Freight
The outcomes of US-China trade war & Brexit to have significant repercussions on the ocean freight industry.
No Budget for Dredging Activities in the Philippines
The Philippines Bicameral Conference Committee, working on the disagreeing provisions of the 2019 General Appropriations Bill, has adopted the motion of Senator Panfilo Lacson to scrap the budget for dredging activities. In an unprecedented move, this year’s national budget has zero budget for dredg
Ophir, Medco agree on financial terms of potential bid
London-based Ophir Energy on Wednesday said that following negotiations with Medco, the companies have reached an agreement on the terms of the potential takeover bid.
HMM Inks Investment Deal for Busan Terminal
HMM signs sales contract for the PSA-Hyundai Pusan New Port (PHPNT) Pier 4.