South & Central Asia
Shandong Shipping Places Order for Five Capesize Bulkers
China’s SWS yard won an order for five Capesize bulkers from compatriot Shandong Shipping.
Rotech Subsea Delivers Two Jobs in Vietnam
Subsea excavation specialist Rotech Subsea has completed two scopes of work in Vietnam for an undisclosed offshore energy contractors. The Aberdeen-based contractor put its TRS2 controlled flow excavation (CFE) tool to work offshore Vietnam on a freespan correction scope before a follow-on contract
Erik Thun Takes Delivery of Third 18,000 Dwt LNG-Fueled Tanker
Swedish Erik Thun Group has taken delivery of M/V Thun Venern, a product/chemical tanker newbuilding.
ConocoPhillips selling Greater Sunrise fields to Timor Leste
East Timor has signed a deal to buy ConocoPhillips’ stake in the giant Sunrise offshore gas field in the Timor Sea for $350 million.
ICTSI Adds Space for Larger Ships at Puerto Cortes
ICTSI inaugurated a new pier in Puerto Cortés, set to add more room for containership giants.
Mundra LNG terminal inaugurated
India’s prime minister Narendra Modi inaugurated the Mundra LNG project and the connecting pipelines.
Drewry: Asia to Middle East, South Asia Trade Sees Weak Demand
Demand from Asia to the Middle East and South Asia is in a steep decline, according to Drewry.
Central Luzon Flood Mitigation Project Gets Support
Central Luzon legislators and local officials on Friday thrown their support to an $1 million flood mitigation project which seeks to curb flooding in Pampanga and Bulacan, reports the Philippine News Agency (PNA). The meeting was presided by House Speaker Gloria Macapagal-Arroyo, upon receiving inf
Emyprean, CNOOC ink PSC for South China Sea block
China’s CNOOC has signed a production sharing contract (PSC) with Empyrean Energy PLC (Empyrean) for Block 29/11 in the South China Sea.
OPEC: 30 Pct of Shipowners Won’t Be Compliant with 2020 Sulphur Cap Early On
OPEC expects a significant level of non-compliance with the 2020 sulphur cap.
Samsung Heavy Wins Another LNG Carrier Order
Samsung Heavy Industries has clinched another order for a liquefied natural gas (LNG) carrier.
SHI books LNG carrier order
South Korean shipbuilder Samsung Heavy Industries secured an order for a liquefied natural gas carrier.