South & Central Asia
Bombora scores funding for 1.5MW wave device roll-out
Bombora Wave Power has raised a multimillion-dollar investment to support the construction of its first commercial-sized mWave wave energy device.
Beijing Discovers Anti-Trust Violations at Several Ports
A two-month investigation launched in April this year by China’s National Development and Reform Commission (NDRC) has found various anti-trust violations at the country’s seaports. As a result, Shanghai, Tianjin Port, Ningbo Zhoushan and Qingdao port groups have been ordered to cut the container ha
Goldwind to Roll Out Its 6.7MW Offshore Wind Turbine in Early 2018
Goldwind will install a prototype of its GW154/6.7MW offshore wind turbine in early 2018 and plans the turbine’s commercial deployment to take place during the first quarter of 2018, after it launched the GW6S platform in October.
MPA: North Korean Ships Cannot Bunker in Singapore
The Maritime and Port Authority of Singapore (MPA) has informed the shipping community that Singaporean ships may lose their licence if dealing with North Korean individuals. Under the latest update to the sanction against North Korean, Singapore unveiled a prohibition against using the country’s sh
IRENA, ADFD launch $50M call for renewables
International Renewable Energy Agency (IRENA) and the Abu Dhabi Fund for Development (ADFD) have opened the sixth round of funding for renewable energy projects in developing countries.
SeaIntel: Low Vessel Utilization Puts Pressure on Freight Rates
Decreased freight rates in the Transpacific Eastbound trades, which were hurt by low vessel utilization, could continue in the fourth quarter of the year, according to a report by SeaIntel. Despite a demand growth of more than 10% year-on-year, the recently-ended 2017 peak season saw Transpacific fr
Pakistan FSRU consortium dissolves
The consortium between Höegh LNG, Qatar Petroleum, Total, Mitsubishi and ExxonMobil formed to advance an LNG import project in Pakistan has been dissolved.
Spotted: Eduard Toll Out for Gas Trials
Bermuda-based owner and operator of LNG carriers Teekay LNG Partners informed that its first LNG icebreaker recently completed gas trials. The company shared some drone photos of the newbuilding’s gas trials. Eduard Toll is Teekay’s first of six 172,000 cubic meter ARC7 LNG carriers being constructe
Vietnam Transshipment Operations Kick Off
On November 12, 2017, the Babycape Richard Oldendorff arrived at the Go Gia buoys in South Vietnam with the largest ever bulk cargo to be discharged in Vietnam. The 118,532 dwt bulker berthed at the transhipment platform Lena with a cargo of about 115,000 mt to unload a part cargo of 74,634 mt of co
Astomos, Kuwait Petroleum to Study LPG Bunkering
Japan’s Astomos Energy Corporation and oil company Kuwait Petroleum Corporation (KPC) have agreed to further study the use of liquefied petroleum gas (LPG) as ship bunker fuel. The parties reached a Memorandum of Understanding (MOU) with the aim to enhance cooperation, share and research information
IADC Young Authors Award for Jordy Boone
The International Association of Dredging Companies has presented the Young Authors Award to Jordy Boone, author of the winning paper “1DH Modeling of Transport and Sedimentation Inside a Hopper of a Trailing Suction Dredger”. Delivering a clear and succinct presentation, author Jordy Boone offered
Pakistan LNG skips Trafigura, Gunvor deliveries
Pakistan LNG decided against awarding a tender for three LNG cargo deliveries in December and January to two Swiss-based trading houses.