South & Central Asia
Top news of the week November 6-11
Shell charters LNG bunker barge for US market Shell Trading (US), a unit of the Hague-based energy giant Shell, has finalized a long-term charter agreement with Q-LNG Transport for a liquefied natural gas (LNG) bunker barge. Shell, Anthony Veder to convert Coral Methane LNG carrier to bunker vessel
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (November 06 – November 12). The National Subsea Research Initiative (NSRI) is looking for a new director who will replace current project director, Dr Gordon Drummond, who is returning to Subsea 7 fol
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (November 6-12, 2017). Rosmorport Gets OK for Vostochny and Nakhodka Dredging Plans Federal State Unitary Enterprise (FSUE) Rosmorport has received positive findings from the State Ecology Expert Panel on design d
Report: Second explosion in one year on Aces FPSO in Pakistan
A fire broke out this week aboard the partially scrapped ACES FPSO at a shipbreaking plot in Gadani Pakistan. This is according to the Shipbreaking Platform NGO, which on Thursday said that luckily no workers got caught in the flames of the fire that broke out aboard the Aces on Wednesday. However,
CNPC, Cheniere ink LNG MoU
China National Petroleum Corporation (CNPC) and the Houston-based LNG player, Cheniere signed a memorandum of understanding for long-term LNG sales and purchase cooperation.
IRENA: Paris could underpin renewable energy ambitions growth
Countries have an opportunity to significantly increase renewable energy ambition and to accelerate its deployment in an effort to reach climate objectives under the Paris Agreement, a new report by the International Renewable Energy Agency (IRENA) finds.
Keppel to start working on Exxon’s Liza FPSO by year-end
Keppel Shipyard is expecting the arrival of a very large crude carrier (VLCC), which will be converted into an FPSO unit for Exxon’s Liza discovery, in November.
Petronet eyes stake in Qatari LNG projects
Petronet LNG, India’s largest importer of liquefied natural gas, could secure a stake in Qatar’s expansion projects as it looks to diversify its portfolio.
VT Halter Marine to build Q-LNG’s bunker barge
Singapore Technologies Engineering said that it has been awarded a contract by Quality Liquefied Natural Gas Transport (Q-LNG) to build America’s first offshore LNG articulated tug and barge unit.
HMM Shrinks Loss amid Cost-Saving Efforts
Pressured by increased fuel costs and low freight rates, South Korean shipping company Hyundai Merchant Marine (HMM) continued to deliver net and operating losses in the third quarter. The company’s net loss for the quarter ended September 30 stood at KRW 60.3 billion, marking an improvement from a
Nearing winter season bumps Japan’s October spot LNG price
The average price of spot-LNG imported into Japan that was contracted in October 2017 reached $8.2 as the winter heating season nears.
Westwood: Solid year for floating production systems
Following a harrowing 2016 when not a single FPS unit was ordered, this year, 2017, has seen the FPS market return.