South & Central Asia
GE, DSIC develop gas turbine conversion for LNG carriers
GE’s Marine Solutions and Dalian Shipbuilding Industry (DSIC) completed a preliminary design for the conversion of a steam turbine powered LNG carrier to a gas turbine-based propulsion system.
MOL, Partners Get AIP for LNG-Powered Coal Carrier
Japan-based Mitsui O.S.K. Lines (MOL) and its partners, Tohoku Electric Power and Namura Shipbuilding, have received an Approval in Principle (AIP) from Lloyd’s Register for the design of an LNG-powered coal carrier. The vessel design ensures sufficient cargo capacity without making the hull larger
LR gives AIP for Japanese LNG-powered coal carrier
Mitsui O.S.K. Lines. (MOL) said that together with Tohoku Electric Power and Namura Shipbuilding have received an approval in principle (AIP) from Lloyd’s Register for the design of an LNG-powered coal carrier.
Emas hit with termination notices for three vessels
Emas Offshore has received bareboat charter terminations for two platform suppliers and one anchor handling tug and supply vessel.
Japex starts Soma LNG terminal commissioning, first cargo on December 6
Japan Petroleum Exploration (Japex) started the commissioning of its Soma LNG terminal located at the No.4 wharf of Soma Port, Shinchi Town, Fukushima prefecture.
Fitch Ratings: Gloomy Outlook for Global Shipping amid Overcapacity Woes
The outlook for the global shipping industry remains negative, according to Fitch Ratings, as the rating agency doesn’t expect a material improvement in market fundamentals in 2018 due to lingering overcapacity. As explained, both container and bulk markets show signs of a revival, but the longevity
Protests Against DCI Privatization Continue, Employee Ends Life
The ongoing agitation of the Dredging Corporation of India’s employees against the proposed sale of equity has intensified after an employee of DCI reportedly ended his life in Vizianagaram district yesterday in protest against the move, The Hindu Business Line informs. The body of N. Venkatesh (29)
Pavilion Energy names new CEO
Singapore-based Pavilion Energy, a Temasek company, named Frédéric Barnaud company’s new CEO, succeeding Seah Moon Ming, who will focus on his new role as chairman of SMRT Corp.
GALLERY: Ultra Deep Solutions bags 5-year charter for DSCV Van Gogh
Ultra Deep Solutions has entered into a five-year contract for the diving construction vessel Van Gogh.
Yangzijiang Shipbuilding Bags Order for Up to Ten Bulkers
China Development Bank Financial Leasing has been tied to an order for up to ten Newcastlemaxes at Chinese shipbuilder Yangzijiang Shipbuilding. The order is said to include five firm orders for 208,000 dwt bulkers plus five additional bulk carriers of the same size, according to Asiasis. The ships
Bureau Veritas firms up classification deal for CMA CGM’s LNG-fueled newbuilds
Bureau Veritas has signed the classification contract with China State Shipbuilding Corporation’s two shipyards chosen to build CMA CGM’s 22,000 TEU LNG-fueled box ships.
Wison, CCS Join Forces on FSRU Developments in China
Wison Offshore & Marine will collaborate with China Classification Society (CCS) Wuhan Rules & Research Institute on various fronts of floating LNG storage and regasification facility (FSRU) developments in China. Under a strategic cooperation agreement, the parties said they would embark on a wide