South & Central Asia
APL Further Cuts Fleet CO2 Emissions in 2017
APL reduced its CO2 emissions per container per kilometer by 50.7% in 2017, compared to its base level in 2009.
Northland Power Says 2018 Off to a Flier
Canadian power company Northland Power reported CAD 178 million net income in the first quarter of 2018, a 78% increase compared to the same quarter last year primarily due to higher operating income from the Gemini and the Nordsee One offshore wind farms.
EVC ink MoU for Vietnam’s LNG-to-power project
Energy Capital Vietnam (ECV) signed a memorandum of understanding with the Bac Lieu province to develop an LNG-to power project.
Japanese quartet sets up two LNG bunkering joint ventures
Kawasaki Kisen Kaisha (K Line), Chubu Electric Power, Toyota Tsusho Corporation and Nippon Yusen Kabushiki Kaisha (NYK Line) have established two LNG bunkering joint ventures.
Transocean buys interest in former Seadrill rig
Transocean has bought a 33.3% interest in the West Rigel, a newbuild harsh environment semi-submersible rig built.
46th VLCC Joins Bahri’s Fleet
Bahri takes delivery of the final vessel from a series of ten VLCCs ordered from Hyundai Samho Heavy Industries.
This is how you play the game: Northern Drilling takes first-mover advantage in the deepwater market (Bassoe)
With a clear strategy and commitment to execution, Northern Drilling is shrewdly maneuvering through the distressed offshore rig world.
New Terminals Drag Down ICTSI’s Q1 Profit
Philippine-based terminal operator ICTSI reported a lower profit in the first quarter of 2018.
Boskalis Trading Update in Line with Market Conditions
Royal Boskalis Westminster N.V. has just released their latest Trading Update, saying that the company’s developments in 2018 have so far proceeded in line with the market conditions. During the presentation of the 2017 annual results, Boskalis said that the current market picture in the oil and gas
Epic Gas Buys, Leases Back LPG Trio
Epic Gas has exercised purchase options for three LPG vessels, the company said announcing its first-quarter results.
COSCO Shipping Dismisses Another Dormant Business
COSCO Shipping International (Singapore) has decided to dissolve another dormant subsidiary, namely Sanbo Shipping.
PHOTO: Final Stingray vessel joins Maersk Supply fleet
The final Maersk Supply Service-owned subsea support vessel from the Stingray series has joined the company’s fleet.