South & Central Asia
Keppel profitable. Offshore division breaks even
Singapore’s industrial conglomerate Keppel Corporation posted a revenue of S$1,6 billion for the third quarter of 2017, an increase S$158 million or 11% above that of 3Q 2016. However, revenue from the Offshore & Marine Division, Keppel is mostly famous for, declined by S$136 million to S$380 millio
Polaris Orders Five More VLOCs at HHI
South Korean shipping company Polaris Shipping has added five more 325,000 dwt Very Large Ore Carriers to the newbuilding tally at South Korean shipbuilder Hyundai Heavy Industries (HHI). The order, worth USD 400 million, is an option being exercised as part of a contract signed on September 25, whe
Courage Marine Eyes Blockchain Joint Venture
Owner and operator of bulk carriers Courage Marine Group has entered into a memorandum of agreement (MOU) with Dragon Net, and its owner, to form a joint venture. Under the deal, reached on October 20, Courage Marine will explore the possibility of cooperation by way of setting up of a joint venture
Icon Offshore boss to step away from O&G industry
The managing director of Malaysian offshore support vessel provider Icon Offshore has decided to leave his position in the company to take a role at Themed Attractions Resorts & Hotels. Icon Offshore said on Friday that Amir Hamzah Bin Azizan would leave his managing director position on November 30
FPSO moored at Ophir field offshore Malaysia
Australian oil and gas company Octanex has informed that the MTC Ledang FPSO has arrived on location at the Ophir field offshore Malaysia and the commissioning activities have started. “The FPSO is in final position, all mooring lines attached. The flowline between the FPSO and the previously instal
Keppel reports jump in profit
Singapore’s Keppel Corporation reported an 11 percent increase in the nine-month profit year-on-year.
Chittagong Recycling Yard Gets Hong Kong Convention SOC
PHP Family, a recycling yard in Chittagong, Bangladesh has received a Statement of Compliance (SOC) with the Hong Kong Convention (HKC) for the safe and environmentally sound ship recycling. Granted by international classification society RINA, the SOC is an important development towards a more sust
Popular news, October 16 – 22, 2017
Popular news, October 16 – 22, 2017
Top news, October 16 – 22, 2017
Tidal Energy Today has compiled the top news from tidal and wave energy industry from October 16 – 22, 2017.
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (October 16 – October 22). Solstad Farstad has agreed to sell its 50% of the shares in the 50/50 owned joint venture company Normand Oceanic AS to Subsea 7. Normand Oceanic is the vessel owning entity
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (October 16-22, 2017). VIDEO: LNG-Powered TSHD Minerva During Sea Trials Royal IHC has just released an amazing video shot during the sea trials of DEME’s 3.500m³ LNG-powered trailing suction dredger (TSHD) Minerv
Top news of the week October 16-21
LNG Canada contracts BAM to build new Rio Tinto wharf BAM International, together with Canada’s JJM Construction and a U.S. company Manson Construction has been awarded the contract to build the new Rio Tinto Aluminium BC Works wharf on behalf of LNG Canada. Venture Global LNG brings in cash for liq