South & Central Asia
Report: Several Ex Keppel Executives Arrested amid Bribery Scandal
Singapore has arrested several former executives of Keppel Corp due to involvement in bribery case.
WoodMac: four trading houses shaking up the LNG industry
Four trading houses traded an impressive 9 percent of total liquefied natural gas (LNG) sold worldwide in 2017, according to a report by the research and consultancy group Wood Mackenzie. Trafigura, Vitol, Gunvor and Glencore are “dominating” the LNG trading landscape and these four firms traded abo
Pan Americas Handed Over to Its Owners
Newbuilding LNG carrier Pan Americas joins its owners, starts long-term charter with oil major Shell.
Pantheon Tankers Linked to Two More Tankers at STX
Pantheon Tankers has exercised the option for two more 50,000 dwt tankers at STX Offshore and Shipbuilding.
Genting Hong Kong Expects USD 270 Mn Loss for 2017
Genting Hong Kong to cut net loss for 2017 to USD 270 million, following the sale of shares in NCLH.
Green Giraffe and Cathay United Join Taiwanese Offshore Wind Project
Green Giraffe has been mandated as lead international financial advisor alongside Taiwan’s Cathay United Bank for the Hai Long 2 &3 offshore wind projects in Taiwan.
Green Giraffe and Cathay United Join Taiwanese Offshore Wind Project
Green Giraffe has been mandated as lead international financial advisor alongside Taiwan’s Cathay United Bank for the Hai Long 2 &3 offshore wind projects in Taiwan.
Bladt Industries, Semco Maritime Target Taiwanese Substations
Bladt Industries and Semco Maritime have entered into a partnership with the local shipyard CSBC Corporation to jointly creating a supplier to cover the Taiwanese market for offshore substations. The Taiwanese government has proposed very ambitious targets for the completion of large offshore projec
CNOOC to spend up to $12.7B in 2018. Plans 132 exploration wells
China National Offshore Oil Corporation (CNOOC) expects to drill 132 exploration wells in 2018, and will bring five projects to production.
Bahri Welcomes 43rd VLCC to Its Fleet
Bahri has taken delivery of Lawhah, the second VLCC fleet addition since the beginning of this year.
DSME Keeps Shedding Non-Core Subsidiaries
DSME has decided to exit its wind power business as part of the company’s self-rescue plan.
Stena Bulk Names Final MR Newbuild in Guangzhou
Stena Bulk named its final MR tanker newbuilding Stena Impero in Guangzhou, China on January 31.