South & Central Asia
Atlantis grabs first million
Edinburgh-based renewable energy developer Atlantis Resources has raised over £1 million in its ongoing bond offer launched two weeks ago.
Yang Ming All Set to Rejuvenate Fleet with 20 Boxships
Yang Ming has received a green light from its board to move forward with the fleet renewal plan.
Poten: collapse in LNG contract lengths raises future supply concerns
The average LNG contract length fell to a record low in 2017, according to the consultancy Poten & Partners, raising concerns on the future supply of the chilled fuel. Average contract lengths for deals signed in 2017 fell to 6.7 years – the lowest ever recorded – compared with 11.5 years in 2016, t
It All Boils Down to China
Chinese seaborne imports of iron ore and crude oil have reached the highest levels ever recorded in 2017.
Explosion at Indian shipyard kills five workers
Five workers were reportedly killed and at least ten others were seriously injured following an explosion at an Indian shipyard.
Triyards Agrees Short-Term Loan with Ferrell Vanguard
Triyards has entered into an exclusivity and short-term loan agreement with Ferrell Vanguard.
Spotted: New Bitumen Tanker Joins Thome Group
Ship manager Thome Group welcomes to its fleet Star River, a bitumen tanker newbuild.
Five People Killed in Blast at Cochin Shipyard
At least four people died in a blast that took place on a drillship that was being repaired at Cochin Shipyard.
Report: HMM to Start Ordering ULCVs from Next Month
Hyundai Merchant Marine is expected to place orders for up to 20 ULCVs, starting from March.
Clarksons: BW Gas behind Last Week’s LNG Carrier Order at DSME
BW Gas is the shipowner that ordered two LNG carriers at DSME last week.
India’s Gail, Kuwait Petroleum seeking March LNG cargoes
India’s gas utility GAIL has reportedly issued a tender seeking two cargoes of liquefied natural gas (LNG) for delivery in March. The company is seeking one cargo for delivery in first half of March and a second for delivery in second half of March, Reuters reported on Tuesday citing traders. The te
Montreal Port Pens Cooperation Deal with Mundra Port
On a trade mission to India, the Montreal Port Authority signs a cooperative agreement with Mundra Port.