South & Central Asia
Höegh LNG Partners halts share purchase in two FSRUs from MOL
Höegh LNG Partners decided to suspend the acquisition of 23.5 percent FSRUs Neptune and GDF Suez Cape Ann from Mitsui O.S.K. Lines.
Drewry: Container Lines Taking Lion’s Share of Seaborne Reefer Market
Container shipping lines are increasing their share of the seaborne reefer market and are forecast to accelerate their assault over the coming years, taking 85 percent by 2021, according to Drewry shipping consultancy. Based on the forecast, the modal split between reefer containerships and speciali
Suez Canal Introduces Toll Discounts for LNG Carriers
The Suez Canal Authority is granting toll reductions for LNG tankers operating between the American Gulf, Arabian Gulf zone, India and its eastern ports. The toll reductions relate to tankers either loaded or in ballast. A 30% cut will be offered to LNG carriers sailing in the Arabian Gulf and west
Sunken Vessel Hampers Traffic in Cochin Shipping Channel
A fishing boat which sank in the shipping channel in India’s Cochin Harbour is hampering vessel traffic in the area, according to GAC India. The vessel sank in the morning hours of September 19. It developed a leakage and its engine stopped working while it was some 5 nautical miles off the coast. A
CESI Tianjin LNG carrier delivered
Chinese shipyard Hudong-Zhonghua Shipbuilding delivered the LNG carrier CESI Tianjin built for a joint venture of MOL, China COSCO Shipping and China Petroleum & Chemical Corporation (Sinopec).
Hudong-Zhonghua names Pan Asia LNG carrier
Pan Asia LNG carrier, set to transport liquefied natural gas from the QCLNG project in Australia to China, has been named at the Hudong-Zhonghua Shipbuilding’s yard.
GALLERY: Aasta Hansteen topside ready to set sail for Norway
Norwegian oil company Statoil has shared a photo of the Aasta Hansteen topside loaded up on a heavy transport vessel which will take it to Norway. Statoil said that “the beautiful lady” weighing 24,000 tons would begin its two-month-long journey from Hyundai’s shipyard in South Korea to Norway “in t
South Korea to boost LNG use in power production, transport to cut pollution
South Korea is looking to switch the coal-fired power plants currently under construction in the country to LNG-fueled turbines as it looks to cut down on pollution.
ITF: 13 Crew Abandoned in Sri Lanka, Ship Arrested
Thirteen crew members of the general cargo ship Sanad were “left close to starvation” after they were abandoned in Colombo, Sri Lanka, according to the International Transport Workers’ Federation (ITF). The vessel was reportedly abandoned by its owner, the Bahrain-based Tylos Shipping & Marine, and
HHI to build 10 LNG-ready VLOCs for Polaris Shipping
South Korean shipbuilder Hyundai Heavy Industries (HHI) booked an $800 million order to build ten LNG-ready 325,000 dwt very large ore carriers (VLOCs) for Polaris Shipping.
Aframax Tanker on Auction in Singapore
The Aframax tanker Ocean Mare, which was arrested in June this year, has been put up for auction in Singapore, Supreme Court of Singapore records indicate. The closing date for bids is October 6 at 3:00 p.m., according to the court’s data. As explained, the net value of bunkers on board the 106,004
IADC: Dredging in Figures 2016
The International Association of Dredging Companies (IADC) today released their annually review of the global dredging market – Dredging in Figures 2016. This paper highlights essential information about the dredging industry, which is divided into three sections – Corporate Social Responsibility (C