South & Central Asia
IMO MEPC 73 Adopts Ban on Carriage of Non-Compliant Fuels
MEPC 73 adopted today the ban on the carriage of non-compliant fuel oil on board ships.
US Blacklists WT Marine over North Korea Links
WT Marine Pte, a marine fuels company from Singapore blacklisted by U.S. Treasury.
Offshore Energy Exhibition & Conference 2018 – Keep exploring, keep inspiring, keep transforming
Offshore Energy Exhibition & Conference (OEEC) 2018 brought together 550 exhibitors and over 10,000 unique visitors in halls 1, 2 & 3 of Amsterdam RAI. The conference and side events attracted over 1,000 delegates. The next Offshore Energy Exhibition & Conference takes place on 7, 8 and 9 October 20
EMAS in talks with Udenna over $73 M investment
Emas Offshore, a struggling Singapore-based offshore vessel company, is in talks with a Philippine corporation over a potential investment of $73 million.
Brokers: ICBC Leasing In for Up to 8 Bulkers at Zhoushan Changhong
Zhoushan Changhong has reportedly won orders for up to eight Ultramax bulkers from ICBC Leasing.
SembMarine: E&P capex growth not translating into rig orders
Offshore rig and platform builder Sembcorp Marine posted a net loss in the third quarter of 2018 citing persisting ebb in business volume.
Gate of the World’s Largest Sea Lock Heads for the Netherlands
The new gate intended for the world’s largest sea lock headed for the Netherlands.
Bangladesh: ECNEC OKs Money for 35 Dredgers
The Bangladeshi Executive Committee of the National Economic (ECNEC) has approved a project to procure some 35 dredgers, costing around $526 million, to keep up navigability in 100 major rivers across the country, Bangladesh Sangbad Sangstha (BSS) reports. The approval came from the 11th ECNEC meeti
Odfjell Adds New Tanker to Its Fleet
Odfjell expanded its fleet with a new chemical tanker, Bow Precision, on October 17.
Report: Proposal for 2020 Sulphur Cap Experience-Building Phase Rejected, IMO Compromises Instead
EBP Proposal for the upcoming 2020 sulphur turned down at MEPC 73.
ASCO, Columbia Shipmanagement to Create Tanker JV
Azerbaijan Caspian Shipping Company is to set up a new joint venture with Columbia Shipmanagement.
MOL to Equip 80 Bulkers with Energy-Saving Service
MOL is to equip 80 of its operated bulk carriers with an energy-saving operation analysis service.