South & Central Asia
Astomos, Elgas to Study LPG as Ship Bunker Fuel
Japan’s Astomos Energy Corporation and Australian LPG distributor Elgas have agreed to further study the use of liquefied petroleum gas (LPG) as ship bunker fuel. Under a Memorandum of Understanding (MOU), the companies will enhance cooperation across all aspects of LPG bunkering including the shari
World Dream Delivered to Genting Hong Kong
German shipbuilder Meyer Werft has handed over the new cruise vessel World Dream to the Asian shipping company Dream Cruises, a subsidiary of Genting Hong Kong. The new ship can accommodate 3,376 passengers and is 335 meters long, 39.7 meters wide and can reach a speed of more than 23 knots. This cr
Wison, GTT ink LNG cooperation agreement
Wison Offshore & Marine has signed a strategic cooperation agreement with the French liquefied natural gas (LNG) containment specialist GTT, to cooperate on LNG projects.
Upstream firms expect digital investments to bring faster first oil
What do upstream oil and gas companies expect to gain from investing in digital initiatives? They expect faster first oil time, and better decision making, a research conducted by Accenture and Microsoft on 300 upstream leaders in 18 countries has shown. According to the results of the study release
Work Starts on IOX Cable System
IOX Cable and Alcatel Submarine Networks have started work for cable route survey for the IOX Cable System, which will span more than 8,850 kilometers. Arunachalam Kandasamy, founder and CEO of IOX Cable said: “We at IOX are pleased to announce the commencement of work on the IOX Cable System. The c
NGO: GMB Keeps Alang Ship Recycling in the Dark?
The Gujarat Maritime Board (GMB) has “turned a cold shoulder” to requests by the NGO Shipbreaking Platform to visit the shipbreaking yards on the tidal beach of Alang. According to the Platform, for the past two months the Indian authority has refused to reply to repeated requests, submitted via the
Moore Stephens: Vessel Operating Costs to Rise in 2017 and 2018
Vessel operating costs are expected to increase in both 2017 and 2018, according to the latest survey by international account and shipping consultant Moore Stephens. Repairs & maintenance and spares are the cost categories which are likely to increase most significantly in each of the two years. Th
Wison, GTT in floating LNG pact
China’s Wison Offshore & Marine has signed a strategic cooperation agreement with GTT, a provider of design and engineering of containment systems for maritime transportation and storage of LNG. The two companies will cooperate on various LNG projects, such as LNG Carrier, LNG FSRU (Floating Storage
Korea Lines Orders Two Bulkers
Korea Lines Corporation, part of Samra Midas Group, has announced an investment in two 325,000 dwt bulk carriers. The company would be paying KRW 184.8 billion (USD 164 million) for the two ships. According to Yonhap, Hyundai Heavy Industries has been hired for the construction of the two ships, whi
Brokers: Vitol Tied to Two More LPG Tankers at HHI
Dutch energy and commodity trading group Vitol has declared options for two liquefied petroleum gas (LPG) tankers at South Korean shipbuilder Hyundai Heavy Industries (HHI), according to the latest report from Intermodal. The 84,000 cbm gas carriers would be fitted with ballast water treatment syste
Wallem to Manage Sanasia’s New PCTC
Hong Kong-based Wallem Ship Management has been appointed to manage Sanasia’s new pure car and truck carrier (PCTC). The vessel is currently under construction at Japanese Imabari shipyard and is scheduled for delivery in December 2018, according to Wallem. Wallem also managed Sanasia’s vessel Golde
IADC: Benefits of Polymer Use in Treatment of Dredged Sediments
The International Association of Dredging Companies (IADC) has released in its latest Terra et Aqua an article named ‘Some Proven Benefits of Polymer Use in the Treatment of Sediments in Recent Dredging Projects’. For several decades, polymers have been used in the treatment of sediments for improvi