South & Central Asia
MOL orders LNG-fueled tugboat
Japan’s Mitsui O.S.K. Lines (MOL) signed on Friday ordered a liquefied natural gas (LNG)-fueled tugboat at the Kanagawa Dockyard.
TMC to supply marine compressor for SBM Offshore’s new FPSO
TMC has won a contract from Shanghai Waigaoqiao Shipbuilding (SWS) to supply a marine compressed air system to a newbuild FPSO.
Bangladeshi Shipbreaking Bill to Improve Working Conditions
Bangladesh passes ship recycling bill to improve working conditions in its shipbreaking yards.
Guangdong Province to Kick-Start 10+ Offshore Wind Projects in 2018
Southern China’s Guangdong Province is planning to begin construction of more than ten offshore wind farms this year, Xinhua News Agency reported the province’s governor Ma Xingrui as saying.
Sapura Energy set to list E&P business
Malaysia’s Sapura Energy has confirmed its intention to list its exploration and production business.
11 Nations Hammer Out Deal on Trans-Pacific Partnership
Eleven countries finalize agreement on the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Carnegie’s head of finance resigns
Carnegie Clean Energy has appointed an interim Chief Financial Officer (CFO) on account of Aidan Flynn’s resignation from the position.
Brazil bribery case sinks Keppel’s profit
Singapore’s industrial conglomerate Keppel saw its full-year profit sharply cut due to the cost of the bribery settlement reached by its rig building subsidiary late in 2017.
CHEC in Sri Lanka: Two Colombo Agreements Signed
China Harbor Engineering Company (CHEC) has signed two Memorandums of Understanding (MoUs) with Sri Lanka’s Ministry of Megapolis and Western Development, the Urban Development Authority and the CHEC Port City Colombo, for funding the Colombo International Finance City (CIFC) Building Complex. The s
Three Newbuilds for Fredriksen’s GOGL
Fredriksen’s Golden Ocean Group Ltd takes delivery of three Capesize newbuildings.
CWind Firms Offshore Wind Foothold in Taiwan
CWind, part of the Global Marine Group, has established a joint venture with International Ocean Vessel Technical Consultant (IOVTEC), a Taiwan-based survey and crew transfer vessel service provider.
Asia Energy Logistics Buys Handysize Bulker Duo from Clipper
Asia Energy Logistics pens deal with Danish Clipper Group to acquire a pair of Handysize bulkers.