South & Central Asia
U-Ming Orders Two VLOCs from Qingdao Beihai
U-Ming orders two VLOCs to support 25-year Contract of Affreightment (COA) with Vale.
NYK Line’s Profit Rises in Third Quarter
NYK Line ends first nine months of fiscal year 2017 with a net profit of JPY 16.8 billion.
Shell disposes of Bongkot field stake for $750 million
Oil giant Shell has decided to sell its interest in the Bongkot field offshore Thailand to the state-owned oil company PTTEP for $750 million.
DEME PHOTO Update: TTP1 Takes Shape
The Tuas Terminal Phase 1 (TTP1) Mega Port Project in Singapore is in full swing, DEME Group said in its latest announcement. The contours of the container terminal are now clearly taking shape, with the caissons being placed to form the structure of the future 8.6 km quay wall. TTP1 project include
Families of Missing Stellar Daisy Crew Call for Resumption of Search Operation
South Korean families of Stellar Daisy’s missing crew are calling for the search and rescue operation to be resumed.
Polaris Tanker Pair Joins Navig8’s Alpha8 Pool
South Korea’s Polaris Shipping has become the latest shipowner to join Navig8’s Alpha8 Pool.
SLPA’s Jaya Terminal in Volume Growth Mode
Jaya Container Terminal (JCT) witnessed a steady growth of operating volumes since October 2017.
Video: WaveSub sails across the sea
Marine Power Systems (MPS) has released a video which shows the lift and tow tests on its recently launched WaveSub wave energy device in Milford Haven.
Hapag-Lloyd Recycles Seven More Boxships
Hapag-Lloyd is sending seven older container ships to be recycled in Turkey and China.
Frustrated by delays, Red Emperor mulls exit from block off Philippines
Australia-based Red Emperor Resources is thinking about abandoning its interest in offshore Philippines Block, Service Contract 55 (SC 55).
Cosco Shipping Development Readies for 252 Pct Profit Jump
Cosco Shipping Development expects to see a 2017 full-year profit increase of 252 percent.
LOC Renewables to Help Woen Jinn Enhance Cable-Laying Capabilities
LOC Renewables has been contracted through Longitude Engineering to undertake a month-long feasibility study on behalf of Taiwanese subsea cable installer, Woen Jinn Harbor Engineering. The agreement will see the Longitude team assess a cable lay barge for Woen Jinn and advise on the specifications