Taiwanese shipping company Wan Hai Lines has held a ship naming ceremony for its eco-friendly 3,013 TEU containership.
Bangladesh is expected to ratify the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, commonly known as the Hong Kong Convention, in the next few weeks. The decision was confirmed by the Bangladesh Government during a visit to the country by Norwegian aut
Canada-based oil and gas company Valeura Energy has reached a production milestone from an oil field in the Gulf of Thailand, marking it as a “remarkable achievement”. Valeura Energy announced that as of 15 May, the Jasmine oil field had produced its 90 millionth barrel of oil, greatly exceeding the
The Philippines and Indonesia, which are home to just under 21% of the world’s crew members, are taking action to support their seafarers in developing modern skill sets as shipping decarbonizes. With 252,392 of the world’s seafarers, 13.3% of global crew members, calling the Philippines home, the c
According to a new study “Global Hydrogen Market Forecast to 2050,” published by Rethink Energy, the energy intelligence arm of Rethink Technology Research, the emergence of a global hydrogen marketplace of about six times the current market size now looks inevitable. In the study, Rethink predicted
Sri Lanka-based shipbuilder Colombo Dockyard PLC hosted a keel laying ceremony yesterday for the fifth 5,000 dwt eco bulker being built for Norwegian shipowner Misje Eco Bulk (Misje) AS. Colombo Dockyard has already delivered two vessels from the series. The vessels form part of an order of up to te
MISC Berhad, the Malaysian shipping company, has announced the appointment of Zahid Osman as the new President and CEO of its Singapore-based petroleum logistics unit AET, effective from June 1, 2023. This change in leadership aims to prioritize continuity and drive the organization’s long-term succ
The Ministry of Industry and Trade of Vietnam has certified that PetroVietnam Gas (PV Gas) is eligible to be an LNG importer and exporter, making the company the first in the country to be recognised as such. PV Gas informed it is prepared for LNG import, export and trading, with its LNG Thi Vai ter
Velesto has secured work with an estimated combined contract value of $128 million for three jack-up drilling rigs with Petronas Carigali.
EnQuest has inked a deal with Malaysia’s Petronas to boost gas production from a field located in shallow water offshore Malaysia.
A devastating explosion occurred on board the aging oil tanker Pablo on Monday, May 1, tearing off its deck and engulfing it in a fierce fire that sent dark plumes of smoke billowing into the sky. The explosion took place off the coast of Malaysia, in one of the busiest shipping channels in the worl
Baker Hughes’ international rig count report indicates that the number of offshore rigs lost its forward momentum.
