South & Central Asia
China Ocean Industry Group Loses Arbitration over Four Ships
London arbitrators ruled against China Ocean Industry Group over delayed construction of four ships.
DSME secures 18th LNG carrier order for 2018
South Korea’s shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) on Thursday said it has secured a new LNG carrier order.
Daewoo Shipbuilding to deliver two drillships to Sonangol in early 2019
Daewoo Shipbuilding & Marine Engineering has confirmed the resolution of its dispute with Angola’s Sonangol related to the delivery of two drillships.
Muriganga River Dredging on the Way
The West Bengal government has taken initiatives to dredge Muriganga River to facilitate round-the-clock ferry services to Gangasagar Mela, PTI India reports. The work, once complete, will also reduce travel time between the ferry jetties and Sagar Island in South 24 Parganas. Every year on Makar Sa
Exmar’s FLNG leaves China heading for Argentinian job
Belgium’s Exmar, the Nicolas Saverys-led shipowner, said its Caribbean FLNG, to be renamed Tango FLNG, departed China and set course for Argentina.
DSME Nabs Order for 18th LNG Carrier in 2018
DSME has inked a deal for the construction of an additional LNG carrier, pushing this year’s tally to 18.
Drewry: Asia to Mediterranean Trade Facing Choppy Waters?
Drewry believes headhaul volumes may struggle to match this year’s growth rate.
Indonesian Port of Merak Reopens after Tsunami
The Port of Merak has reopened following a tsunami which struck Indonesian coastline on Saturday.
Report: Daewoo Shipbuilding ends drillship dispute with Angola’s Sonangol
Daewoo Shipbuilding & Marine Engineering has reportedly resolved its differences with Angola’s Sonangol and made plans to deliver two drillships next year, ending a longstanding dispute over a delay in the delivery.
DSME Faces USD 9.6 Mn Fine over Unlawful Subcontracting Practices
DSME has been hit with a multi-million dollar fine for violating Korean laws on subcontracting.
Report: Cargo Vessel Sinks after Colliding with CMA CGM Norma
General cargo vessel YuSheng 366 sank following a collision with Post Panamax containership CMA CGM Norma.
Keppel scores ice-class LNG bunkering vessel build
Keppel Offshore & Marine, through its unit, Keppel Singmarine, clinched contracts worth a combined value of about S$300 million ($218.9 million) that include the design and construction of an ice-class LNG bunker vessel.