South & Central Asia
India, Iran Ink Short-Term Lease for Part of Chabahar Port
India has signed a short-term lease with Iran to operate Shahid Beheshti Port, part of Chabahar Port.
Kreuz Subsea hires Seamec vessel for work off India
Seamec, a provider of diving support vessels and services, has entered into a charter hire agreement for one of its vessels with Kreuz Subsea.
South Korea’s SK Innovation strikes oil offshore China
South Korea’s SK Innovation has reported making an oil discovery in the PRMB block 17/03 in the South China Sea.
PIL, PSA, IBM Conclude Blockchain Trial from Chongqing to Singapore
PIL, PSA and IBM Singapore perform a blockchain-based supply chain platform trial.
India’s LNG imports surge in Jan YoY
India’s imports of liquefied natural gas (LNG) rose 47 percent in January on a yearly basis, logging a rise for the fifth consecutive month, according to the latest data from oil ministry’s Petroleum Planning and Analysis Cell (PPAC). India imported 2.41 billion cubic meters of LNG or about 1.78 mil
MTCC Bags Thilafushi Land Reclamation Contract
The Maldives’ Ministry of Environment and Energy has awarded Maldives Transport and Contracting Company (MTCC) a 6.8 million contract for the Thilafushi land reclamation works – part of the Waste Management Project of Male’ Region. The agreement was signed yesterday by Thoriq Ibrahim, the Minister o
OPEC and Non-OPEC oil production cuts reach new highs in January
OPEC and Non-OPEC countries participating in voluntary production cuts have started off 2018 with record-breaking conformity levels.
Port City Colombo: TSHD Wan Qing Sha Busy in Sri Lanka
Port City Colombo has just released this beautiful photo of the trailing suction hopper dredger (TSHD) Wan Qing Sha, during her recent work on the Port City land reclamation scheme. This capital project, conducted by China Harbor Engineering Company (CHEC), is a brand new city development built as a
ITF, Maritime Employers Hammer Out Wage Increase for Seafarers
ITF sealed today a new framework agreement for seafarers with the Joint Negotiating Group.
JFD Finalizes Submarine Rescue System for Indian Navy
Following deep search and rescue vehicle (DSRV) trials, JFD said it has completed the build of the first of its two new submarine rescue systems, due to be delivered to the Indian Navy in March 2018. The completion of the build will be commemorated by a ceremony hosted by JFD and attended by senior
Pioneer Marine Cuts Full-Year Loss
Pioneer Marine has concluded another year in the red, but reduced loss year-on-year.
Fluor starts FEED work for Thailand’s FSRU project
Fluor Corp. said it has started the front-end engineering and design work for a planned floating storage regasification unit (FSRU) and associated facilities in the upper Gulf of Thailand.