South & Central Asia
Popular news, February 26 – March 4, 2018
The most popular article of the week.
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (February 26 – March 4, 2018). Van Oord Wins Port of Benoa Dredging Contract State-owned port operator Pelindo III has contracted Van Oord to carry out dredging works in the Port of Benoa, Bali. Port of Everett
Van Oord Wins Port of Benoa Dredging Contract
State-owned port operator Pelindo III has contracted Van Oord to carry out dredging works in the Port of Benoa, Bali. Access to this port needs to be improved to accommodate the increasing number of tourists. Execution of the work will start soon and is expected to be completed within the year. The
Singapore Detains Pan Ocean Ship
An oil/chemical tanker has been arrested in Singapore waters.
K Line, Uyeno Group Join SEALNG
Japan’s Kawasaki Kisen Kaisha (K Line) and Uyeno Group join SEALNG.
Carnegie rolls in tax refund cash
Australian clean energy developer Carnegie Clean Energy has received cash rebate from the Australian Tax Office in the amount of Au$2.3 million ($1.8 million).
Petronas 2017 profit jumps, LNG exports hit record
Malaysian energy giant Petronas reported a leap in profit for the FY2017 and the fourth quarter of the year.
Fitch Ratings: Lack of Capacity Discipline Jeopardizing Container Shipping’s Recovery
Sustaining last year’s improved profitability in 2018 may prove challenging for container shipping companies.
Maersk Aras Suffers Main Engine Failure
Containership Maersk Aras has suffered a main engine failure while it was on its way to Yokohama, Japan.
DSME Bags Orders for Five VLCCs
DSME wins orders for seven ships worth a total of USD 800 million in a single week.
COSCO Shipping International Books Full-Year Profit
COSCO Shipping International (Singapore) recorded a net profit of SGD 263.9 million for 2017.
Triyards Loses Another Chemical Tanker Order
Triyards has received a termination notice for a design and construction deal related to a chemical tanker.