South & Central Asia
Vinalines Cut Debt by USD 440 Mn from 2014 to 2017
Vinalines managed to reduce its debt by VND 10.6 trillion (USD 440 million) between 2014 and 2017.
Seven Hurt, Three Critical in Gadani Tanker Fire
Seven people injured, three in critical condition after an oil tanker caught fire in Gadani.
Uljanik Cancels Livestock Carrier Newbuild Deal with Wellard
Wellard Ships receives a termination notice of the newbuild contract from Croatian shipbuilder Uljanik.
PIL Terminates Vessel Calls to Iran due to US Sanctions
Pacific International Lines (PIL) has ceased acceptance of cargoes in and out of Iran.
Samsung Heavy nets LNG carrier order
South Korean shipbuilder Samsung Heavy Industries on Monday said it has secured a new order to build a liquefied natural gas carrier.
Tohoku Electric secures Mozambique LNG volumes
Japanese utility Tohoku Electric Power on Monday said it has secured volumes from the Anadarko-led liquefied natural gas project in Mozambique.
Samsung Heavy Secures One More LNG Carrier Order
Samsung Heavy Industries secures a contract for the construction of one LNG carrier.
OOCL to Launch Bunker Recovery Surcharge as Its Switches to Low Sulphur Fuel
OOCL plans to meet the new sulphur cap regulations by switching to low sulphur fuel.
IEA: Oil demand and supply close to new peaks
Both global oil demand and supply are now close to new, historically significant peaks at 100 mb/d, and neither show signs of ceasing to grow any time soon, IEA has said.
Top news, October 8 – 14, 2018
MarineEnergy.biz has compiled the top news from marine energy industry from October 8 – 14, 2018.
Popular news, October 8 – 14, 2018
Ensco-Rowan merger, Modec FPSO order, KBR’s offshore deals and more
Top news of the week October 8-13
Woodside picks Bechtel for Pluto LNG expansion Australian LNG player Woodside has selected Bechtel as the preferred execution contractor for the proposed expansion of its Pluto liquefied natural gas facility in Western Australia. QP CEO: LNG shortage to hit sooner than expected The global liquefied