South & Central Asia
Seatankers Ups the Ante at Chinese Yards
Seatankers Group, a management company led by John Fredriksen, is bolstering its newbuilding investments.
Yamal LNG cargo heads to India
Novatek, Russia’s largest independent natural gas producers, has shipped its first Yamal LNG cargo to India.
HMM Nets USD 420 Million to Build 5 VLCCs
Hyundai Merchant Marine has secured USD 420 million to finance construction of five very large crude carriers.
Huawei Marine Carries On Philippines Subsea Power Grid Project
Huawei Marine has kicked off Phase II of its Sorsogon-Samar Submarine Fiber Optical Interconnection Project (SSSFOIP) for the National Grid Corporation of the Philippines (NGCP). The SSSFOIP system is located in the San Bernardino Strait, linking Sorsogon, the southernmost province on Luzon to the i
Neptune lands subsea stabilization gig off India
Australia-based Neptune has been awarded a subsea stabilization services contract by Kreuz Subsea for the Daman field development project in Mumbai High, India.
First steel cut in China for SBM Offshore’s Fast4Ward FPSO
World’s largest FPSO supplier SBM Offshore has seen the first steel cut for the hull of its standardized Fast4Ward FPSO.
Pressure Mounts on IMO to Set CO2 Reduction Targets
Governments will have to compromise on the reduction of CO2 emissions by shipping.
Australian tidal energy mapping kicks off at Banks Strait
The researchers of the AUSTEn project have started field measurements at the Banks Strait as part of a three-year project looking to map tidal energy resource areas in Australia.
COSCO Shipping Ports Doubles Profit in 2017
COSCO Shipping Ports ended 2017 on a high note, having more than doubled its profit.
Sapura Energy enters New Zealand. Clinches stakes in five offshore permits
Malaysia’s Sapura Energy has entered into the New Zealand oil and gas market by farming into five offshore exploration permits within the Taranaki Basin. The farm-in agreements are with Austria’s OMV and Japan’s Mitsui. “We are excited about our entry into New Zealand which may open up opportunities
Inpex cuts income forecasts on Canada shale gas impairment
Japan’s exploration and production giant Inpex revised financial forecasts for the fiscal year ending March 31, due to impairment charges on its Canadian shale gas project.
NYK Tests STS Connection for Navigation Support Tool
NYK and MTI have successfully tested a ship-to-shore connection for the ship navigation support tool J-Marine NeCST.