South & Central Asia
Gallery: 20,000 TEU COSCO Shipping Virgo Delivered
COSCO Shipping Corporation has taken delivery of its third 20,000 TEU containership, COSCO Shipping Virgo.
Mermaid sells offshore barges for scrap
Offshore vessel provider Mermaid Maritime has sold a barge and a tender assist drilling rig to Star Matrix.
PTT shifts LNG trading focus to China
Thai state-run oil and gas company PTT could up its LNG trading efforts seeing the demand from China, Vietnam, and Myanmar growing.
ISRA Calls on China to Rethink Decision to Stop Recycling Ships
ISRA concerned over China’s decision to stop recycling international ships.
Petronas posts Q1 profit, LNG sales rise
Malaysian energy giant Petronas reported a 26 percent jump in its profit for the first three months of the year.
Large Crude Tankers Hit the Hardest by Perfect Storm
Large crude carriers have been hit the hardest by the perfect storm in the tanker shipping sector.
Van Oord Becomes Global Offshore Wind Player with Yunlin Contract
German offshore wind developer wpd has selected Van Oord as preferred contractor for the 640MW Yunlin offshore wind project in Taiwan.
Tieto wins support services deal from Singapore LNG
The Nordic software and services company Tieto has contracted to provide its services for the Singapore LNG Corporation.
Report: Elandra Tankers Orders VLCC Quartet at Hyundai Heavy
Elandra Tankers has placed an order for four very large crude carriers at Hyundai Heavy Industries.
Fire Disables Polaris Shipping’s Ore Carrier
Stellar Samba stuck for four days off Brazilian coast after a generator fire.
South Korea Designates Several Areas as Industrial Crisis Zones
South Korea designates several areas as industrial crisis zones in an effort to support the ailing shipbuilding industry.
KDB Raises USD 278 Mn by Selling Green Bonds
Korea Development Bank (KDB) collected up to KRW 300 billion by issuing green bonds on May 29.