South & Central Asia
Peru dispatches LNG cargo to South Korea
Peruvian liquefied natural gas (LNG) plant shipped its first cargo of the month March and only the second after the facility came back online following a pipeline rupture in February.
HMM Abandons Options for Five VLCCs at DSME
Hyundai Merchant Marine has decided to drop the options for five more tankers at DSME.
NYK: New Ship Propeller to Cut CO2 Emissions
NYK Line, MTI, and JMU have developed a propeller which reduces carbon dioxide (CO2) emissions.
Update: Maersk Honam Fire Localized
The fire on board Maersk Line’s ultra large containership Maersk Honam has been localized.
Kreuz Subsea Charters Seamec Princess
India-based provider of diver support vessel services Seamec has entered into a charter contract for the diving support vessel Seamec Princess with Kreuz Subsea. The charter follows recent deal between the two companies for the multi-role/accommodation vessel MV ‘Revelation’. The Seamec Princess wil
Seamec enters another vessel deal with Kreuz Subsea
Seamec has entered into a charter party with Kreuz Subsea for the hire of the Seamec Princess vessel.
Japan’s spot LNG price pegged back after 3-year high
The average price for spot liquefied natural gas (LNG) cargoes imported into Japan that was contracted in the month of February was pegged back slightly compared to the previous month.
Maersk: Hope Fades for Finding Maersk Honam’s Missing Crew Members
Hope fades for finding missing crew members of Maersk Honam which remains ablaze.
Transas CEO: We Have All Been Block-Chained
Transas CEO: Maritime operations and fleet processes continue to be in limbo.
Ship Recycling Transparency Initiative Lunched
Shipowners, banks and charity organizations team up on ship recycling transparency.
USS John S McCain’s Sudden Turn Caused Collision with Alnic MC
The collision between Alnic MC and USS John S McCain was caused by a sudden turn of the warship into the tanker’s path.
Boskalis: Net Profit of EUR 150 Million Achieved in 2017
Royal Boskalis Westminster N.V. achieved a net profit of EUR 150 million in 2017, in line with expectations. This compares to a net loss of EUR 564 million in 2016 as a result of EUR 840 million of non-cash impairment charges, the company said in its announcement. Revenue declined by 10 per cent to