South & Central Asia
Hyundai Heavy turning to LNG tech to tackle recession
South Korean shipbuilder Hyundai Heavy Industries recently completed the ice trials for a 3,100 TEU multi-purpose container vessel with icebreaking capabilities in Finland.
MARDEP: More Dredging on Shing Mun River
The Hong Kong Marine Department (MARDEP) has just announced the latest update on the Shing Mun River dredging project, saying that dredging operations will be carried out on the waterway in the Sha Tin area for a period of approximately six months. The works will be conducted by a flotilla of vessel
LNG newbuild orders spike in H1
Orders for liquefied natural gas (LNG) carriers surged in the first half of this year as compared to the same period in 2017. According to the data by VesselsValue provided to LNG World News, 22 LNG vessels worth $3.97 billion have been ordered in the first half of this year. This compares to eighth
Development Project at Cebu Naval Base Includes Dredging
The Philippines Government has allocated $18.7 million for a development program at Naval Base Rafael Ramos in Lapu-Lapu City, Cebu, aimed to make the base accessible to the present and future frigates that will be acquired by the Philippine Navy (PN). Commenting the latest announcement, PN spokespe
Chinese Bank Provides Funding for Navibulgar’s Newbuilds
The Export-Import Bank of China is to provide USD 94 million in financing for Navibulgar’s six new bulk carriers.
M2 Subsea Nets £10M in Six Months
ROV services provider M2 Subsea has secured contracts worth more than £10 million over the past six months. The company, which has bases in Aberdeen, UK and Houston, Texas, said it has successfully conducted more than ten projects across the oil and gas and renewable markets. M2 Subsea’s fleet of RO
Pertamina drops plans for second LNG terminal
Indonesian state-owned Pertamina ditched its plans to build the country’s second liquefied natural gas (LNG) import terminal.
Pacific Carriers Tied to Tanker Order at STX
Singapore’s Pacific Carriers Limited (PCL) has reportedly decided to expand its fleet by up to three new tankers.
MHI christens second Sayaringo STaGE LNG carrier
Mitsubishi Shipbuilding, a unit of Mitsubishi Heavy Industries (MHI), christened the second Sayaringo STaGE type vessel, the Diamond Gas Rose.
June – a Month of Interviews
WMN breaks monthly interview record in June.
Mitsubishi Christens Second Sayaringo STaGE LNG Carrier
Mitsubishi Shipbuilding christened the 2nd LNG carrier being built for a joint venture of Mitsubishi, NYK Line.
Malaysia’s MISC secures FSO charter with Hess worth $441M
MISC Berhad has signed a long-term charter contract with the Hess for the lease of an FSO known as FSO Mekar Bergading on a bareboat basis.