South & Central Asia
Alphaliner: January a Month of Leviathan Boxship Deliveries
Ten mega boxships are set to be handed over to their owners this month.
Inpex dips into another exploration license off Norway
Japan’s Inpex said its Norwegian unit Inpex Norge has been awarded exploration license PL950 in the western Barents Sea offshore Norway as part of the country’s 2017 licensing round.
Sarawak Government snaps stake in Petronas’ Bintulu LNG Train 9
The Sarawak State Government signed a term sheet with the state-run Petronas securing participation in the ninth liquefaction train at the company’s Bintulu LNG complex.
James Fisher forms joint venture with Chinese offshore service provider
James Fisher Subsea Excavation has formed a joint venture with OTAP, a Chinese offshore project, vessel, and marine equipment provider.
Petronas selects UMW for hydraulic workover units provision
Malaysian oil company Petronas Carigali has hired UMW for the provision of hydraulic workover units for well maintenance.
ReCAAP: Piracy Incidents in Asia Up 19 Pct
There was a 19 percent increase in the number of piracy incidents against ships in Asia reported in 2017.
First Boxship with LR’s Cyber AL3 Joins Cosco Shipping
Cosco Shipping Lines adds first ever boxship to receive a descriptive note cyber AL3 by Lloyd’s Register.
Damen’s China Support Company in Shanghai Opens
Mr. Kommer Damen, Chairman of the Damen Shipyards Group, officially opened Damen’s China Support Company in Shanghai last month. The company will serve to support Damen’s commercial involvement and development in the region, generating more synergy and opportunities within Damen affiliated companies
FSL Trust Sells Chemical Tanker to Shrink Debt
First Ship Lease Trust sells chemical tanker in an effort to reduce outstanding debt facility.
Gazprom, GAIL amend LNG supply deal
Russian giant Gazprom and India’s state-owned utility GAIL have renegotiated the long-term LNG sale and purchase agreement originally signed in 2012.
G E Shipping Offloads Supramax
G E Shipping has decided to sell Jag Rahul, one of its Supramax bulk carriers.
Samsung Heavy Industries Eyes Operating Profit in 2019
Larger order intake and reduced fixed costs are expected to push Samsung Heavy Industries to an operating profit in 2019.