South & Central Asia
Keppel Bags LNG-Powered Dredger Duo from Van Oord
Keppel O&M wins an order from Van Oord to build two LNG-fueled Trailing Suction Hopper Dredgers.
Keppel Singmarine scores LNG-fueled dredgers order from Van Oord
Keppel Offshore & Marine’s unit Keppel Singmarine secured contracts from Van Oord to build two LNG-fueled trailing suction hopper dredgers (TSHDs).
Keppel to Build Two LNG TSHDs for Van Oord
Keppel Singmarine has secured contracts from Van Oord to build two high-specification trailing suction hopper dredgers (TSHDs). The two dredgers are expected to be completed in 4Q 2020 and 2Q 2021 respectively. “As part of the contracts, Van Oord has an option to order a third dredger to be exercise
Bangladesh stops LNG talks with Trafigura
State-owned Bangladesh Oil, Gas and Mineral Corporation (Petrobangla) has canceled its talks with the Swiss trading company Trafigura regarding the development of an LNG import terminal.
Hunter Makes It Official with DSME
DSME wins a contract for three VLCCs from Norwegian Hunter Group.
Intermodal: 230 Second-Hand Bulkers Changed Hands in 2018
Intermodal: Since the beginning of 2018 around 230 second-hand sales have been reported in the dry bulk sector.
Logistics Units Push Cosco Shipping to Profit
COSCO Shipping International returned to profit in the 1Q 2018, following the acquisition of two logistics units.
Mermaid Eyes Positive Outlook Despite Red Numbers
Mermaid Maritime, a provider of subsea and drilling services to the offshore oil and gas industry, has reported net loss of $6.2 million for the three-month period ended March 31, 2018. This result compares with quarterly profit of some $0.7 million in the corresponding period in 2017. The Singapore
HMM and PSA Increase Stake in Busan Terminal
Hyundai Merchant Marine and PSA International have agreed to increase their stake in a Busan terminal.
Borr buying 5 newbuild jack-up rigs from Keppel for $745M
Offshore driller Borr Drilling has signed a master agreement with Singapore’s Keppel, to acquire five jack-up rigs for a total value of approximately $745m.
TEN Linked to LR2 Order at Daehan
Report: TEN booked the construction of two Long Range (LR2)/Aframax tankers at Daehan Shipbuilding.
Newport Adds Three PaxOcean Repair Yards to Its Network
Newport Shipping expanded its network of ship repair yards through an agreement with Singapore’s PaxOcean.