South & Central Asia
OES: Wave energy modeling findings released
An international group of experts, working together on the validation of numerical modelling tools for wave energy converters, have presented their first phase findings.
Two MC-Class Wide Deck Carriers Join BigLift
BigLift Shipping has expanded its fleet with two MC-Class carriers, BigLift Barentsz and BigLift Baffin.
Confident in FID closure, Golar moving tanker to shipyard for FLNG conversion
Golar LNG is moving the LNG carrier Gandria to a shipyard in Singapore for conversion into an FLNG unit meant for the Fortuna development off Equatorial Guinea.
Report: Indonesia Delays New Shipping Rules
The Indonesian government has reportedly decided to postpone the implementation of its new shipping law.
AFS Emerges as Possible Lifeline for Ezra
Financial consultancy specialist Asia Fund Space (AFS) has agreed to acquire new shares in the capital of Ezra as well as the possible subsequent injection of new assets into Ezra. The agreement is subject to all Ezra shareholder, creditor, court (US and Singapore) and other necessary approvals bein
Tanker Owners to Benefit from High Scrapping, Market Consolidation
High scrapping and market consolidation are expected to contribute to better returns for tanker owners.
Maersk Installer Completes McDermott Work Off India
Maersk Supply Service’s Stingray-class newbuild subsea support vessel, Maersk Installer, has completed its first contract with McDermott. Maersk lnstaller joined the project in January 2018, supporting the Vashishta development off the East Coast of India. This is part of an ongoing development proj
Maersk Supply’s Stingray vessel completes first gig
Danish Maersk Supply Service has completed the first contract for one of its Stingray-class new-build subsea support vessels, Maersk Installer, with McDermott.
Kogas bumps 2017 LNG imports as loss widens
South Korea’s LNG importing giant Kogas reported a 3.8 percent increase in imports of liquefied natural gas for the year 2017 in comparison to the previous year.
Prime Tanker Management Buys FSL Trust Stake from HSH Nordbank
Godan sells its shares in FSL Holdings to Prime Shareholdings, part of Prime Tanker Management.
SeaIntel: Impact of Mega Boxship Deliveries on Asia-North Europe Trade
Current boxship giants orderbook will impact capacity shares between alliances on Asia-NEUR trade lane.
MISC Berhad Adds Its Fourth Moss-Type LNG Carrier
MISC Berhad took delivery of the fourth Moss-type LNG carriers, the Seri Camar, on February 28.