South & Central Asia
Singapore Invests More in Future Maritime Industry
MPA presents four strategies which will drive Singapore’s next phase of growth as a global maritime hub.
Ørsted Sets Greater Changhua Funding Plan
Ørsted plans to finance the Greater Changhua offshore wind projects by capital contributions from the Ørsted Group combined with debt capital sourced from local Taiwanese financial institutions.
Oshima Developing New Marine Fuel
A new fuel which aims to meet all air emission regulations is being developed.
ICTSI Nets USD 1.24 Bn in Full-Year Revenue
ICTSI posted a revenue from port operations of USD 1.244 billion for the year ended December 31, 2017.
BHGE: International offshore rig count down to 194 units
The international offshore rig count for February 2018 decreased both sequentially and year-over-year, according to a Wednesday report by Baker Hughes, a GE company.
Korea Line Bags USD 197 Mn Crude Oil Transport Gig with GS Caltex
Korea Line Corporation signed a contract with oil refiner GS Caltex for the transportation of crude oil.
Alphaliner: Transpacific Route to See 8 Pct Rise in Capacity
Alphaliner: Total capacity on the transpacific routes is expected to increase by at least 8% by July this year.
Westwood: Success of current FLNG projects should help develop confidence in sector
FLNG projects require significant capital investments, thus access to financing is a critical contributor to project sanctioning and success.
IEA: US to Dominate Global Oil Supply in Next 5 Years
The United States is set to take over the throne as the world’s largest oil producer in the next five years.
Malaysia Starts Probe into Alleged Bribery at MISC
Malaysian Anti-Corruption Commission is investigating MISC Berhad in relation to alleged bribery.
Maersk Maya Targeted by Pirates
Oil products tanker Maersk Maya was boarded by pirates while anchored in Port-au-Prince, Haiti.
GALLERY: Chinese shipyard making progress with OOS International’s new SSCV
Eight months after the start, the construction of OOS International’s newbuild semi-submersible heavy lift crane vessel (SSCV) OOS Serooskerke is making progress.