South & Central Asia
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (December 10 – December 16). https://subseaworldnews.com/2018/12/13/technipfmc-delivers-2019-forecast/ https://subseaworldnews.com/2018/12/12/pioneering-spirit-arrives-for-nord-stream-2-job/ https://su
Good News for Bulkers as China Starts Buying US Soyabeans Again?
It remains to be seen whether continuation of the U.S. soybean sale to China would help raise Panamax & Supramax rates.
MARDEP: More Dredging at Tuen Mun
With immediate effect and for a period of approximately 5 months, dredging operations will be carried out at Tuen Mun Public Cargo Working Area, the Hong Kong Marine Department (MARDEP) reports. According to MARDEP, the works will be carried out by one derrick lighter and one split hopper barge. One
Manora partners strike new crude offtake deal (Thailand)
Joint venture partners in the Manora oil field offshore Thailand have signed a new offtake agreement regarding the marketing of crude from the field at a slightly improved price.
Steel Cutting for New DEME’s Trailing Suction Hopper Dredger
Construction of DEME’s 2,300m³ new trailing suction hopper dredger has officially kicked off with a steel cutting ceremony at Royal IHC’s Batam shipyard in Indonesia. The compact hopper design ensures high maneuverability and optimized dredging works, said DEME. Built to the requirements of classifi
Report: Suitors Launch Their Bidding for Long Beach Container Terminal
Bids start to pour in for COSCO Shipping Holdings’ sale of the Long Beach Container Terminal.
Mitsubishi Christens Astomos Energy’s New LPG Carrier
Mitsubishi Shipbuilding christened a new LPG carrier for Astomos Energy Corporation on December 13.
France Energies Marines joins OES environmental crew
French marine industry body France Energies Marines (FEM) has joined the Ocean Energy Systems (OES)-led collaborative effort called Annex IV whose goal is to examine the environmental effects of marine renewable energy.
Containerships Takes Delivery of Its 1st LNG-Powered Newbuild
Containerships has welcomed into the fleet its first LNG-powered container vessel, M/S Containerships Nord.
Report: COSL buys 42-year-old drilling rig Stena Clyde for $11 million
Chinese offshore drilling company COSL has reportedly bought the 1976-built offshore drilling rig Stena Clyde for $11 million.
Petronas Puts LNG Bunkering High on Agenda
Petronas has set sights on tapping into the potential of burgeoning LNG bunkering market.
Ørsted Picks Greater Changhua Financing Team
Ørsted has appointed the Bank of Taiwan, Cathay United Bank and BNP Paribas as lead arrangers for financing the Greater Changhua offshore wind projects in Taiwan.