South & Central Asia
Hyundai Heavy Nabs VLCC Trio
Hyundai Heavy Industries Group is off to a great start since the beginning of 2019 as new orders keep piling up.
Ophir Energy board accepts $511 million Medco takeover offer
Medco and Ophir Energy have agreed to proceed with a proposed deal under which Medco will buy Ophir for 55 pence a share in cash. The acquisition values Ophir at £390.6M (around $511M).
Wison granted ABS approval for floating gas to methanol unit
Wison Offshore & Marine has received approval in principle (AIP) from the American Bureau of Shipping (ABS) for its floating natural gas to methanol (FGTM) facility.
Unique Group to provide diving solutions to POSH Subsea
Unique Group has entered into a contract with Singapore-based POSH Subsea to offer integrated diving solutions.
ExxonMobil pushing forward with Vietnamese gas-to-power project
US energy giant ExxonMobil with joint venture partners PetroVietnam and PetroVietnam Exploration Production Corp, is advancing plans for a multi-billion dollar integrated gas-for-power development in central Vietnam.
CSSC Reveals 36-Strong Deals Galore
CSSC has secured 36 newbuilding contracts worth over RMB 10 billion (USD 1.48 bn).
COSCO Shipping Holdings Raises USD 1.1 Bn
COSCO SHIPPING Holdings Co. has raised USD 1.1 billion (RMB 7.7 billion) from a private share offering.
SMD Shanghai Delivers Quantum WROV
Soil Machine Dynamics (SMD) Shanghai has completed the manufacture and commissioning of a Quantum MkIII work-class remotely operated vehicle (WROV) at their Lingang facility. This is the first WROV to be built at their facility since its opening in 2018. SMD Shanghai’s facility is home to a 3700m2 w
Klaveness: World’s 1st Digital Survey Carried Out on Containership
Last week, DNV GL and KSM performed a digital survey – claimed to be the world’s first – on board a containership.
JDR Subsea Cables for Another Offshore Wind Project in Taiwan
JDR Cable Systems (JDR), part of TFKable Group, has been selected by Jan De Nul to supply subsea power cables and accessories for the Taiwan Power Company Offshore Wind Farm Phase One. The project is located off the coast of Fangyuan in Changhua County in Central Western Taiwan. It is being develope
HMM Names New VLCC Universal Leader at DSME
HMM named its new VLCC Universal Leader at the DSME Okpo yard on January 29.
All Set for Gandak River Dredging
Union Minister for Road Transport & Highways, Shipping and Water Resources, River Development and Ganga Rejuvenation, Shri Nitin Gadkari, is set to initiate the development of 300 km long river route from Hajipur to Triveni Ghat, Government of India’s Press Information Bureau reports. According to t