South & Central Asia
HMM, Hapag-Lloyd, MSC and ONE Enter Vessel Sharing Deal
Liner majors in a new vessel sharing agreement on Asia to West Coast of South America services.
IMO Head: 2020 Sulfur Cap Done Deal
There is no turning back on the implementation of the 0.50 pct cap of the sulfur content of ships’ fuel oil.
Palfinger Marine lifeboat systems set for Johan Castberg FPSO
Palfinger Marine has won a deal to supply four lifeboat systems to Statoil’s Johan Catsberg FPSO.
AgileTek Expands Team
Subsea engineering analysis consultancy, AgileTek, has made two new appointments and a key promotion. Soo-hyeong Kim has joined the company as a graduate engineering analyst, alongside Andrew Olson, who has taken on the role of business development engineer. The company is also building on recent su
CMPort to Buy 50 Pct Stake in Newcastle Port
CMPort plans to acquire a 50% stake in Australian Port of Newcastle for AUD 607.5 million (USD 477.7 million).
International offshore rig count short by ten units year-over-year
The international offshore rig count for the first month of 2018 increased sequentially but dropped when compared to the same period of 2017, according to a Wednesday report by Baker Hughes, a GE company.
Precious Shipping Earns First Quarterly Profit Since 2014
The company said that it had earned USD 3.32 million of net profit in the quarter.
Tsakos Tied to Bulker Order at Yangzijiang
Tsakos Shipping and Trading decided to bolster its dry bulk fleet with an order for up to four bulkers.
Iron Ore and Coal Push Essar Ports’ Volumes Up
Essar Ports Limited (EPL) saw an 11% surge in overall cargo volumes in Q3 FY18.
Visakhapatnam Beach Nourishment Work Finally Starts
Dredging Corporation of India (DCI) launched the Visakhapatnam beach nourishment scheme yesterday, after overcoming some technical issues. The sand nourishment project was set to begin last week, but the work could not start as per schedule due to technical snag. The problem with regard to pipeline
PHOTO: UDS Newbuild Taking Shape
The largest to date diving support construction vessel of Singapore-based Ultra Deep Solutions, the DSCV Matisse, is said to be on schedule for Q2 2019. The Matisse is an MT 6027 design with 145 meters in length and a beam of 27 meters. The vessel is a DNV-GL class with a 24 men saturation system [&
Moscow Dredging Congress Kicks Off
The Congress ‘Hydraulic Engineering Structures and Dredging’, organized by Media Group PortNews, kicked off today in Moscow. “We want to look more broadly at the industry, so we have planned to launch yet another event – a Congress dedicated to all aspects of the construction and operation of hydrau