South & Central Asia
OOS International’s new accommodation unit set for Brazil
OOS International has named and introduced its new semi-submersible accommodation vessel (SSAV), the OOS Tiradentes.
Wave Swell validates wave energy device
Australian wave energy developer Wave Swell Energy (WSE) has completed the validation of its wave energy device in a wider range of water depths.
New Ultramax Joins CMES’ Fleet
China Merchants Energy Shipping (CMES) has taken delivery of Pacific Merit, its newest Ultramax bulk carrier.
International offshore rig count goes up in December
The international offshore rig count for the last month of 2017 increased sequentially but dropped on a year-over-year basis, according to monthly rig count reports by Baker Hughes, a GE company.
Update 2: Body of One Missing Mariner Found as Fears of Tanker Exploding Heat Up
A body of one of the 32 missing mariners has been found on board the Iranian tanker Sanchi burning off China.
Bassoe: Offshore rig market shakeup to continue in 2018 amid persistent low dayrates
The theme for 2017 was perseverance. For 2018, it’s adaptation.
IADC Terra et Aqua: Towards a Green Maritime Technology
The International Association of Dredging Companies (IADC) has released in its latest Terra et Aqua an article named ‘Towards a Green Maritime Technology’. In a world with growing population, urbanization, mechanization and thus increased energy demands in the future, in combination with the influen
BNEF: Offshore Wind to Hit 115GW Mark by 2030
The global offshore wind market is set to grow at a 16 percent compound annual rate from 2017 to 2030, reaching a cumulative capacity of 115 gigawatts compared with 17.6 gigawatts today, according to Bloomberg New Energy Finance.
Essar Ports Completes Investment in Salaya, Vizag Terminals
Essar Ports Limited (EPL) has finalized an investment of INR 28 billion in its Salaya and Vizag terminals.
2018 Another Year of Pain for Tanker Owners?
An ominous cloud seems to be hovering over the tanker market as the sector sails into another challenging year.
Newbuilding Quartet Set to Join Alpha Bulkers’ Fleet in 2018
Four new Kamsarmax bulk carriers will be handed over to Athens-based ship manager Alpha Bulkers this year.
Brokers: Fortune Oil Invests in LPG Pair
Fortune Oil has ordered two very large gas carriers from Jiangnan Shanghai Changxing Heavy Industries.