South & Central Asia
BW, Mitsui form BW Integrity FSRU joint venture
BW Group and Mitsui & Co. formed a joint venture (JV) to jointly own the floating storage and regasification unit (FSRU) BW Integrity.
Fincantieri in another push to make Vard private
Italy’s Fincantieri has not given up on its intention to delist Vard, an offshore vessel construction specialist, and take it private. The Italian conglomerate said on Monday that its subsidiary Fincantieri Oil & Gas had proposed to Vard to file for voluntary delisting from the Singapore Exchange, t
Dredging Today Conference: Middle East Perspective on Business Climate Trends
During our first Dredging Today Conference, held last month in Amsterdam, we took an opportunity to talk with Mr John Mackenzie, Business Development Director at National Marine Dredging Company (NMDC) from Abu Dhabi. ‘Middle East perspective on business climate trends’ was the main topic of Mr Mack
Gazprom talks LNG supplies to Vietnam
Russian giant Gazprom is eyeing the construction of a small-scale liquefied natural gas production complex as well as LNG supplies to Vietnam.
Westports’ Nine-Month Container Volumes Down
Malaysian port operator Westports Holdings Berhad saw its container volumes drop in the nine-month period ended September 30, mainly due to the industry’s recent mergers and acquisitions. Container operations handled a total throughput of 6.8 million TEU during the nine-month period, dropping by 8 p
Petronet LNG denies Mundra project decision
Petronet LNG, India’s largest importer of liquefied natural gas, responded to media reports claiming it has squashed plans to buy a stake in GSPC’s Mundra LNG terminal.
MPA: Body of the Last Missing Crew Member Recovered
The Maritime and Port Authority of Singapore (MPA) has just released the final update on the incident involving Indonesian-registered tanker KARTIKA SEGARA and Dominican-registered dredger JBB DE RONG 19. Following the incident in Singapore territorial waters earlier in September, a body has been fo
Containerships launches first LNG-fueled vessel
Finnish shipping company Containerships said its first LNG-fueled container vessel, the Containerships Nord was launched earlier this month at Wenchong Shipyard.
Statoil Picks Sembcorp Marine for FPSO Construction
Statoil has signed a letter of intent with Sembcorp Marine Rigs & Floaters in Singapore for the construction of the hull and integrated living quarters for the floating production, storage and offloading (FPSO) vessel that will be located on the Johan Castberg field in the Barents Sea. The company s
Containerships’ First LNG-Fueled Newbuild Launched
The first of four LNG-fueled container vessels being built for Finnish shipping company Containerships has been launched at Wenchong Shipyard in China. The launching ceremony for the 1,368 TEU Containerships Nord was held on November 4. The shipbuilding work of the first vessel continues now on an o
Marco Polo, PPL Shipyard settle rig order dispute
Sembcorp Marine’s subsidiary PPL Shipyard has settled a dispute with offshore services provider Marco Polo, over a 2015 canceled jack-up rig order. The contractual dispute between the two Singapore-based parties began in November 2015, when Marco Polo Drilling broke off a rig construction deal it ha
Jadestone sets in motion arbitration action against Total
Jadestone Energy has started arbitration against Total related to a breach of a farm out agreement for an asset located offshore Philippines.