South & Central Asia
Mitsui’s takeover bid of AWE set unconditional
Japan’s Mitsui & Co takeover of the Australian oil and gas producer AWE Limited, has been declared unconditional following the acquisition of 51.89 percent of interest in AWE.
DSME Clinches 10 VLCC Orders in 2018
Undisclosed American shipowner pushes DSME’s orderbook to 10 VLCCs secured this year.
GasLog Takes Delivery of New LNG Carrier
GasLog Ltd has expanded its fleet with its latest liquefied natural gas (LNG) carrier, the Gaslog Genoa.
Report: COSCO’s OOCL Acquisition to Be Finalized by the End of June
The proposed takeover of OOCL by COSCO Shipping is expected to be completed by June 30.
Sinopec gearing for LNG capacity expansion
China’s Sinopec group is taking steps to double its LNG handling capacity and increase its shale gas production capacity by 2020.
TORM Adds Three MRs to Its Orderbook
TORM exercises options for the construction of three MR newbuilds at Guangzhou Shipyard International (GSI).
IKM Subsea ROV Supports PTTEP Drilling Campaign Off Myanmar
IKM Subsea Singapore has signed a contract with PTTEP for its appraisal campaign offshore Myanmar. IKM Subsea will be providing a Merlin WR200 electrical propulsion system together with a BOP intervention tool and an IKM Technology designed and built diamond wire cutter for this project onboard the
TI: Private Sector Using IMO’s Weak Governance to Stall Climate Change Action
Transparency International says private sector’s interests impacting IMO’s action on climate change.
Petronas delivers first cargo under LNG SPA with Hokuriku Electric
Malaysian energy giant Petronas delivered its first liquefied natural gas (LNG) cargo to Japan’s utility, Hokuriku Electric.
CSSC, CSIC Deny Merger Reports
CSSC and CSIC denied reports of a combination saying that they are not planning a merger.
Spotted: Frontline’s Aframax Duo Hits the Water in China
Smooth launching of Frontline’s Aframax pair at New Times Shipbuilding.
Sparrows put in charge of revamping ONGC cranes
Sparrows Group has secured a multi-million pound contract with India’s Oil and Natural Gas Corporation (ONGC) for the refurbishment of 21 cranes.