South & Central Asia
Small scale FLNG to unlock hundreds of small gas fields?
Four companies, Add Energy, Transborders Energy (TBE), TechnipFMC, MODEC have teamed up to create what they say is a unique and fast deployment business model for the FLNG industry
Prima Multi Terminal to Get Automated RTG System
PT Prima Multi Terminal, a subsidiary of PT Pelabuhan Indonesia I, has ordered an Automated RTG (ARTG) system from Konecranes, a Finland-based manufacturer of cranes. The ordered ARTG system includes eight ARTG cranes with associated software, interfaces and services. The order also comprises three
Tanker Owners Get a Breather as Scrapping Ramps Up in Q3
The third quarter of 2017 saw the highest level of total tanker deadweight tons (DWT) sold for scrap in any quarter since 2010. Some 4.98 million DWT or 2.69 million gross tonnes were sent for demolition during the quarter, according to the data compiled by VesselsValue. This equals to 40 tankers be
APL to Operate Port of Kaohsiung Terminal for 10 More Years
American President Lines (APL) has signed an agreement with Taiwan Branch and Taiwan International Ports Corporation to renew its terminal lease at Taiwan’s Port of Kaohsiung. The signed deal retains APL’s current terminal plot in the Kaohsiung port for another 10 years from January 1, 2018 to Decem
Bulker Harvest Sky Still Aground off Taiwan
Panama-flagged bulk carrier Harvest Sky is still stuck off the coast of Taiwan’s Taoyuan City, where it ran aground in the morning hours of October 14, the country’s Maritime and Port Bureau (MOTC) informed. The 2013-built ship, loaded with some 19,000 tons of coal and 1,590 tons of diesel, suffered
Wood Group working on world’s first offshore LNG platform
Wood Group has secured a $12 million front-end engineering design (FEED) contract with Honghua for its liquefied natural gas (LNG) platform development in the West Delta area of the Gulf of Mexico. The main objective of the FEED is to finalize the design of the world’s first offshore platform-based
Shreyas Shipping Bolsters Fleet with Vessel Trio
Last week was very busy for Jebel Ali-based Transworld Group as the shipping and marine logistics conglomerate completed the acquisition of three ships. Namely, the fleet of Shreyas Shipping, Indian-flagged ship owning unit of Transworld Group, was expanded with the Indian-flagged containership MV H
Report: Arrest Warrants Requested After Explosion at STX Yard in August
Arrest warrants have been demanded for five people related to the explosion at the South Korean STX Offshore & Shipbuilding yard earlier this year, Yonhap News Agency reported. The explosion, which occurred on an oil tanker under construction in Changwon on August 20, resulted in deaths of four work
2020 Sulphur Cap: Maersk Is Not on the Scrubber Team
The IMO’s 0.5 sulphur cap on marine fuel set to enter into force in 2020 has caused numerous headaches to shipowners as they start to prepare for compliance of their fleets with the new regulations. Speaking of the available solutions during a Capital Link panel on Marine Fuels: An Industry in Trans
Tanker Refloated after Grounding off Maldives
The 1983-built oil product tanker Guraab has been refloated after it ran aground on a reef at Lhaviyani Felivaru, Maldives, according to media reports. The vessel was on its way to Male’ from Milandhoo when it ran into trouble, Maldives National Defence Force (MNDF) was cited as saying. Guraab, whic
India’s minister Pradhan in Japan on LNG talks
India’s minister of petroleum & natural gas, Dharmendra Pradhan is set to discuss LNG cooperation with Japan during his visit over the coming days.
JMU Names New LNG Carrier for MOL, Tokyo Gas
Japan Marine United Corporation (JMU) held a naming ceremony for a newbuilding liquefied natural gas (LNG) carrier at its Tsu Shipyard on October 16. Named Energy Liberty, the 165,000m3 vessel is jointly owned by Japan’s Mitsui O.S.K. Lines (MOL) and Tokyo LNG Tanker, a subsidiary of Tokyo Gas. It w