South & Central Asia
Bintulu Port’s revenue up on higher LNG vessel calls
Malaysia’s Bintulu Port saw its revenues climb during the third quarter 2017, on the back of an increase in LNG vessels calling at the port.
PHOTO: EIK Amphibious Excavators Busy in West Jakarta
Four units of high-performance amphibious excavators, the EIK CAT320D SLRs have been busy lately working on a flood control in West Jakarta. The excavators are working on the dredging project that will restore depth of the West Flood Channel (KBB) in Tanah Abang. According to EIK, the mudflow in the
Platts: Aegean Marine Closing Six Singapore Entities
Marine fuel logistics company Aegean Marine Petroleum Network is winding up six of its inactive shipping companies in Singapore. S&P Global Platts cited Aegean Marine’s president Jonathan McIlroy as saying that the liquidation of the shipping entities was “procedural”, adding that the process had be
CNOOC kicks off production from Beibu Gulf project
CNOOC Limited has started production from the Weizhou 12-2 oil field phase II project offshore China.
SBSS Scoops Cable Installation Jobs
S. B. Submarine Systems (SBSS) said it has received multiple contract awards across the submarine telecommunications and subsea oil and gas markets in Indonesia. In the latter, PT Saipem has awarded SBSS the full cable installation scope for the BP Tangguh Phase 2 project. The work scope includes th
Korea Okays Maersk’s Hamburg Süd Takeover, Orders Corrective Measures
The Korean Free Trade Commission (KFTC) has given Maersk Line the green light for the acquisition of German counterpart Hamburg Süd. However, following the review, the regulatory authority has imposed corrective measures which will have to be met in order for the deal to be closed. These include an
Bunkering Tanker Arrested in Singapore
The 4,000 dwt bunkering tanker UE Star has been detained in Singapore waters, Supreme Court of Singapore’s data shows. The 2014-built ship, owned by Focus Maritime Services, was arrested in the evening hours of November 24, 2017. Focal Investigation & Security Agency has been appointed for security
Ørsted Partners with CWP on Taiwan OWF Substructures
Offshore wind major Ørsted said it has signed a memorandum of understanding with Century Wind Power (CWP), a subsidiary of Century Iron & Steel Industrial, to collaborate on turbine foundation manufacturing for Greater Changhua projects. Based on the MoU, both parties will work on the common goal to
35 Crewmen of Seaman Guard Ohio Acquitted in India
Thirty-five crew members and guards of the American-owned ship Seaman Guard Ohio, arrested in 2013, have been acquitted of all charges in India. On November 27, the Madurai bench of the Madras high court set free the seamen after the prosecution had failed to prove that the ship entered the country’
STX O&S Gets Refund Guarantees for Newbuilds in Exchange for Further Cuts
STX Offshore and Shipbuilding’s main creditor, Korea Development Bank (KDB), has issued refund guarantees for eight newbuilding orders the troubled shipbuilder secured earlier this year. The said guarantees relate to two 50,000 dwt product tankers ordered by a Greek owner Oceangold Tankers, two 11,2
EWC moves forward with Pagbilao LNG power plant
Energy World Corporation signed an agreement securing land ownership and right of way access from its Pagbilao power plant to the Philippines’ National Grid connection point.
Forum: Industry Needs to Design Ships Differently
The shipping industry needs to design ships differently and be more technologically innovative to reach world climate goals and counter cybersecurity risks, it was agreed at the annual Tripartite Shipbuilding Forum. At the meeting in Nantong, China, held on November 1-3 and hosted by China Classific