South & Central Asia
Frigstad Offshore in jack-up rig deal with Japan’s BOTL
Frigstad Offshore has been hired by Japan’s BOTL as owner’s representative for a newbuild jack-up.
Q3 Results: Boskalis Maintains Profit Outlook
Royal Boskalis Westminster N.V. saw revenue increase in the third quarter compared to the quarterly average for the first half of the year. The operating profit (EBIT adjusted for extraordinary charges) also increased compared to the quarterly average for the first half of the year and the order boo
Mitsui Linked to Bulker Duo Order in China
Report: Mitsui & Co ordered two bulk carriers from China’s Yangzijiang Shipbuilding.
Maran Tankers Tied to Suezmax Order at Daehan
Maran Tankers Management has reportedly placed an order for two tankers with a South Korean shipbuilder.
Toshiba sheds U.S. LNG business at $800 million loss
Japanese conglomerate Toshiba Corporation has decided to withdraw from the US LNG business transferring all the outstanding shares of Toshiba America LNG Corporation to a third-party buyer.
Mitsui, GCL Group agree cooperation including on LNG
Mitsui & Co. and China’s Golden Concord Group have entered into a memorandum of understanding to cooperate on electric vehicles (EV), liquefied natural gas (LNG) and energy conservation business.
Worldwide offshore rig count rises in October
The worldwide offshore rig count in October rose by three units compared to October 2017 numbers. According to BHGE’s report released on Wednesday, the worldwide offshore rig count in October 2018 was 230 units, up from 227 a year ago. Baker Hughes, a GE company, splits it rig counts to internationa
Korea Denies Japan’s Claims that Shipbuilding Subsidies Breached WTO Agreement
South Korea and Japan in dispute over shipbuilding subsidies.
ICTSI’s Profit Rises on Stronger Volume
ICTSI witnessed a rise in its earnings supported by an improvement in volumes.
Sempra lines up trio for ECA LNG Phase 1 volumes
Sempra Energy’s units Infraestructura Energetica Nova (IEnova) and Sempra LNG & Midstream have signed deals for the full export capacity of Phase 1 of the Energia Costa Azul LNG located in Baja California, Mexico.
Sarens Steps Into Taiwanese Offshore Wind Market
The Belgium-based Sarens Group has established a venture in Taiwan to take part in the local offshore wind market.
Eight Feeders in the Making for CNCo
The ships are being built at the China State Shipbuilding Corporation’s Wenchong shipyard.