South & Central Asia
Velesto’s Naga 4 offshore rig in 11-well drilling deal
Malaysia’s Velesto Energy has secured a drilling contract for one of its jack-up drilling rigs.
China LNG Group extends LNG tanks order with CIMC Enric
China LNG Group, through its unit, Gangzong Trade signed a deal with CIMC Enric Energy for the acquisition of liquefied natural gas (LNG) tank containers.
Philippines Stops Human Smuggling on Cruise Ship in Bataan
Philippine authorities have stopped a smuggling attempt of 139 persons aboard a cruise ship in Bataan.
Gibson: Crude Tankers Taking Cargoes from Product Tankers
Crude carrier owners seem to have found their way out of the doldrums.
Klaveness Combination Carriers Brings Its Newbuilding Tally to Five
Klaveness Combination Carriers orders one more combination carrier at Jiangsu New Yangzi Shipbuilding.
SSL Kolkata Lists Starboard following Further Explosions
The ordeal of the fire-stricken merchant vessel SSL Kolkata is far from over.
Adani Acquires Kattupalli Port
Adani Ports and Special Economic Zone acquires the developer and operator of Kattupalli Port.
Yonhap: Hyundai Heavy axes executives in offshore & engineering unit
South Korean shipbuilder Hyundai Heavy Industries has reportedly decided to cut about a third of its executives in the offshore and engineering division.
Hyundai Heavy Lays Off a Third of Offshore Executives
Hyundai Heavy Industries has cut a third of the executive workforce in its offshore and engineering division.
GTT nets tanks order for LNG carrier quartet
French LNG containment systems specialist GTT received two orders from the South Korean shipyard Daewoo Shipbuilding and Marine Engineering (DSME) to design tanks for LNG newbuilds.
Qingdao Port, PetroChina Set Up New JV Company
Qingdao Port International has officially formed a joint venture company with PetroChina Fuel Oil.
Taiwan’s CPC signs LNG-deal with Cheniere
Taiwan’s CPC Corporation signed a heads of agreement with the Houston-based Cheniere for the delivery of 2 million tons of LNG per year.