South & Central Asia
Drewry: Good News and Bad News for Container Ports in 2019
The global container terminal industry is expected to remain a very profitable business in 2019.
Shell finalizes Hazira LNG stake buy from Total
The Hague-based LNG giant Shell said Wednesday it completed the previously announced acquisition of 26 percent equity interest in the Hazira LNG regasification terminal in India from France’s Total. This brings Shell’s equity interest in the venture to 100 percent. The Hazira terminal consists of tw
APM Terminals Takes a Step toward Poti Port Expansion
APM Terminals submitted a conceptual design for the first stage construction permit of Poti port expansion.
Record-breaking year for LNG World News with almost 1 million visitors
It has been another record-breaking year for LNG World News, the online resource for global liquefied natural gas industry, as the Netherlands-based platform reached almost one million visitors during 2018. According to Google Analytics, a web analytics service offered by Google, 975.283 new users v
MOL Suspends Cruise Ship Master after Allision in Guam
Mitsui suspended the Master of Nippon Maru due to reports of alcohol use prior to an allision with a pier in Guam.
Worldwide offshore rig count goes up in December
The worldwide offshore rig count in December 2018 increased by 30 units from November of the same year and increased by 49 units year-over-year, according to a Tuesday report by Baker Hughes, a GE company.
MOL Chemical Tankers to Buy All Shares of Nordic Tankers from Triton
MOL Chemical Tankers agreed to buy 100% of shares in Danish chemical tanker company Nordic Tankers.
IINO Lines buys Mitsui’s share in LNG carrier pair
IINO Kaiun Kaisha has acquired additional shares in two special purpose companies owning two liquefied natural gas carriers chartered to the Norwegian energy giant and LNG operator Equinor.
Explosion Rocks Chemical Tanker off Hong Kong, One Dead
One seafarer lost his life, three crew missing following an explosion on a chemical tanker off Hong Kong.
Sapura Energy bags new deals in Angola and Malaysia
Malaysia’s Sapura Energy has been awarded new contracts and contract extension with a combined value of approximately RM760 million ($184.8M).
Tokyo Gas sets up gas distribution unit in Thailand
Japanese utility Tokyo Gas, through its unit Tokyo Gas Asia, has set up the first fully private natural gas distribution business in Thailand.
Alfa Laval to supply two pumping systems to Middle East and China
Alfa Laval, a provider of specialized products and engineering solutions, has won two orders to supply Framo pumping systems.