South & Central Asia
CSSC Sends Its Smart Ship to Sea Trials
China State Shipbuilding Corporation (CSSC) has splashed its first smart ship, the 38,800-metric ton bulk carrier Great Smart, in late October when the vessel departed the shipyard for sea trials. The bulker started its week-long trials on October 31 in Guangzhou, capital of Guangdong province, the
Caofeidian LNG’s storage capacity boosted to meet Chinese demand
Rising demand in China for liquefied natural gas (LNG) as a cleaner fuel has prompted PetroChina and Beijing Enterprises Group to expand the storage capacity at the Caofeidian LNG terminal in Northern China.
BIMCO: Dry Bulk Market’s Recovery Still Fragile
The return to permanent profitable freight rates in the dry bulk sector is still way off, however, there has been a slight fundamental market improvement, according to BIMCO’s latest market overview. Capesize ships have been in profitable territory earning above USD 15,300 per day since August, and
CSP Starts Building Container Terminal at Khalifa Port
China-based Cosco Shipping Ports (CSP) and port developer and operator Abu Dhabi Ports held a ground-breaking ceremony for the CSP Abu Dhabi Container Terminal at Khalifa Port on November 5. The terminal is located along the ‘Silk Road Economic Belt and the 21st Century Maritime Silk Road’ and the s
Gabadi, Hankuk Carbon ink LNG bunkering cooperation deal
The Spanish company, Gabadi, has formed an alliance with South Korean Hankuk Carbon to work together in the small- to medium-scale LNG bunkering market.
AG&P to Develop LNG Import Terminal at India’s Karaikal Port
Philippines-based Atlantic, Gulf and Pacific Company (AG&P) has signed an exclusivity deal with India’s Karaikal Port (KPPL), to develop an LNG import terminal at the port, including LNG sourcing and supply. The Karaikal Port, a deep-water facility located on the east coast of India, has allocated a
Shipping Minister Inaugurates Mongla-Pakshi Dredging Project
Shipping Minister Shajahan Khan yesterday inaugurated the dredging works for improving the navigability of river route from Mongla to Pakshi via Chandpur-Mawa-Goalanda, local media reports. The project aims at boosting navigability of the waterway for facilitating shipment of heavy equipment and goo
Bangladesh ties Siemens to develop LNG-to-power project
Bangladesh’s state-run North-West Power Generation Company signed a memorandum of understanding with Siemens to develop 3,600 MW of LNG-to-power project by 2021.
Protean names non-exec director
Australian clean energy developer Protean Energy has appointed Wayne Loxton as Non-Executive Director.
Carnegie’s Albany wave project gets underway
Carnegie Clean Energy has started the design and development activities for its Albany wave energy project located off Western Australia.
SCI Gets Nod to Sell Crude Oil Tanker Duo
The Shipping Corporation of India Ltd (SCI) is looking to sell two of its crude oil tankers as it received an approval for the transaction from its Board of Directors during the quarter ended September 30. Namely, the company plans to sell the 92,700 dwt Abul Kalam Azad and the 45,134 dwt Bankim Cha
AG&P to build LNG terminal at India’s Karaikal port
Atlantic, Gulf and Pacific (AG&P), the Philippines-based LNG solutions provider, has been given exclusivity by the Karaikal Port to develop an LNG import terminal at the port, including LNG sourcing and supply.