South & Central Asia
Keppel: No V-shape recovery for rig business. Focus on FPSOs in short-term
Keppel is seeing signs of improvement in the offshore and marine business, however, the company is cautious with its optimism, leaning more towards FPSOs rather than drilling rigs.
Brokers: Minerva Marine Building Up LNGC Fleet
Minerva Marine is behind the December order for a large LNG carrier at South Korean shipbuilder SHI.
New Initiatives Unveiled to Strengthen Singapore as a Global Maritime Hub
Singapore has announced two new initiatives intended to strengthen the region’s standing as a global maritime hub.
ONE Expands LSF Surcharge in China
ONE has unveiled a further expansion to the low sulphur fuel surcharge implementation in China.
Unique Group Dives With POSH Subsea
Unique Group has entered into a contract with Singapore-based POSH Subsea to offer integrated diving solutions. As part of the agreement, Unique Group will design, manufacture and deliver Classed Air and Saturation Dive systems for integration on POSH’s vessels. Under this partnership, Unique Group
Aderco: Planing for Sulphur Cap Just Over a Month Away
Baiwir sees additives as a continuous and effective solution to the cap and the smart way towards compliance.
NYK Selling 50% of Cruise Business to Anchor Ship Partners
NYK is selling a 50% stake in NYK Cruises to compatriot investment firm, Anchor Ship Partners.
France’s GTT nets LNG tanks design order from DSME
French LNG containment systems specialist GTT has received an order to design tanks for two liquefied natural gas carriers under construction at the South Korean Daewoo Shipbuilding & Marine Engineering (DSME) yard.
Keppel posts soaring 2018 profit
Singapore’s Keppel Corporation’s net profit soared to S$944 million ($693.9 million), showing a 382 percent rise year-on-year.
Drewry: 2020 Sulphur Cap Conundrum for Chemical Tankers
IMO fuel deadline in 2020 is creating a dilemma for chemical tanker owners.
Yinson takes DOF vessel for Layang field work
Yinson Energy has awarded DOF Subsea Asia Pacific Region a contract to provide transportation & installation services to position and moor the FPSO Helang on the Layang field, Sarawak, Malaysia.
GAIL puts up three Cove Point LNG cargoes for sale
India’s state-run gas company GAIL is reportedly looking to sell three cargoes of liquefied natural gas from Dominion’s Cove Point LNG facility in Maryland.