South & Central Asia
BIMCO: South Korea Becomes Largest Long-Distance Importer of US Crude Oil
US crude oil exports to China drop to zero for the second month in a row.
Ulstein: SunStone Orders Third Expedition Cruise Vessel
SunStone Ships declared option number two for an X-BOW expedition cruise vessel.
Liner Giants, Terminal Operators to Unlock the Potential of Blockchain
Nine ocean carrier majors and terminal operators signed to unlock the potential of blockchain.
U.S. sanctions on Iran make market vulnerable to oil demand spikes, Woodmac says
The U.S. on Monday imposed sanctions on Iran’s energy, shipping and shipbuilding, and financial sectors, a move which is expected to have a negative impact on the Iranian oil and gas exports.
ICS Chairman: STCW Seafarer Training Regime Needs to Be Revised
The previous major overhaul of the STCW regime was last undertaken by IMO member states over 25 years ago.
Fincantieri Seals USD 1.5 Bn Deal with CSSC-Carnival JV
Fincantieri sealed the contracts for two cruise ships intended for CSSC Carnival Cruise Shipping Limited.
Ørsted Picks Onshore Substation Team in Taiwan
Ørsted has awarded an engineering, procurement, and construction (EPC) contract to Taiwan Cogeneration Corporation (TCC) to build two onshore substations, cable corridors, landfalls and transition joint bays for the first 900MW Greater Changhua projects.
Jan De Nul Settles in Taichung Port
Jan De Nul has signed a Memorandum of Understanding (MoU) with the Taiwan International Ports Corporation (TIPC) to establish a logistics hub at the Taichung Port for the Formosa 1 Phase 2 project.
Jan De Nul Settles in Taichung Port
Jan De Nul has signed a Memorandum of Understanding (MoU) with the Taiwan International Ports Corporation (TIPC) to establish a logistics hub at the Taichung Port for the Formosa 1 Phase 2 project.
N2Tankers Aframax Pool Gets Underway
Reederei Nord and Synergy Group have launched a new Aframax tanker pool.
Terms agreed for Australian wave technology buy
Protean Energy has completed the term sheet agreement for the sale of its Protean Wave Energy Converter technology assets to Australian company Pearl Clean Energy.
Petronet LNG profit hits record high on rising regas volumes
Petronet LNG, India’s largest importer of liquefied natural gas, reported the highest ever profit for the six month period boosted by record processed volumes.