South & Central Asia
Qatar Unveils Plan to Order 60 LNG Carriers
Qatar plans to order 60 liquefied natural gas carriers.
Samsung Heavy Secures Order for LNG Carrier Pair
SHI has received its first order this year for two liquefied natural gas (LNG) carriers.
Report: Offshore Wind Power Demand to Grow Sixfold by 2027
Global offshore wind power demand will increase almost sixfold over the coming 10 years with projects deployed commercially across 18 countries by 2027, according to a recent report from Wood Mackenzie Power and Renewables. The deployment of next-generation turbines will double average turbine ratin
Medco given until January 31 to launch offer for Ophir
Indonesia’s Medco Global has been given more time to decide whether it will proceed with the proposed takeover of Ophir Energy, or not. “At the request of Ophir, the Takeover Panel has consented to an extension of the deadline for Medco Global to either announce a firm intention to make an offer for
OOCL’s Revenue, Volumes Continue Rising
OOCL’s revenue surged in 2018 mainly driven by a good performance in the company’s Trans-Pacific service.
Coda Octopus Kits Out ASVs for Renewables Survey Ops
Coda Octopus has recently partnered with AVIC IET, an offshore wind contractor in China, to integrate the Echoscope4G Surface real-time 3D sonar on a autonomous surface vehicle (ASV). For the first time, AVIC IET will be able to autonomously control its vehicle and the Echoscope4G Surface with its i
Ports in India Conference Kicks Off Tomorrow
The Indian Infrastructure Magazine is organizing its sixteenth annual conference on ‘Ports in India: New Projects & Initiatives; Opportunities & Challenges’, on January 29-30, 2019 at The ITC Maratha, Mumbai. The mission of the conference is to analyse the key trends and developments in the port sec
Ophir extends deadline for Medco to submit takeover bid
London-based Ophir Energy has requested an extension of the deadline for Medco Global, a unit of Medco Energi, to submit its takeover bid.
Hyundai Mipo Taps into Rising Demand for Product Tankers ahead of 2020
Hyundai Mipo Dockyard has secured an order for up to six product tankers.
Four contractors win six jack-up rig deals with India’s ONGC
Indian oil company ONGC has hired six jack-up rigs from four different offshore contractors.
Importance of Gulhi Island Land Reclamation Projects Highlighted
At a meeting held with the council members of the Gulhi Island Council, President of the Maldives Ibrahim Mohamed Solih has reiterated his commitment to resolving issues faced by the populace. During the meeting, the council members highlighted the most pressing necessities of the island’s residents
Pan Ocean Orders Ore Carrier Duo to Serve Vale Deal
Pan Ocean is to order two iron ore carriers to serve a new transportation deal with Vale.