South & Central Asia
Trelleborg Completes Leg Can System Offering
Trelleborg’s engineered products operation has added to its portfolio of offshore floatover solutions with a custom designed skirt pile gripper (SPG).
Diana Shipping Secures Higher Rate for Panamax
Greek dry bulk shipping company Diana Shipping has secured a charter contract for one of its Panamaxes at a higher charter rate. Under the agreement with Seoul-based Unico Logistics, Diana Shipping’s dry bulker m/v Maera was hired at a gross charter rate of USD 11,900 per day for a period of nine to
Lingering Effect of Industry Slump on Korea’s Shipbuilders
South Korean big three shipbuilders Hyundai Heavy Industries (HHI), Samsung Heavy Industries (SHI) and Daewoo Shipbuilding and Marine Engineering (DSME) are likely to miss their earnings forecast amid increased costs and depleting order intake. HHI’s is projected to post an operating income of KRW 1
LNG futures contract trading for Dubai, Kuwait, India spot cargoes starts in Singapore
Singapore Exchange has started trading the futures contract for liquefied natural gas (LNG) delivered to Dubai, Kuwait and India.
PHOTO: Culzean-bound FSO Ailsa hits the water
Danish oil firm Maersk Oil has shared a photo on its social media channels showing its Culzean field-destined Ailsa floating storage and offloading (FSO) vessel in the water for the first time. The company said on Monday that the FSO had undocked on schedule, which is another step towards the Ailsa
Report: Petronas hires ultra-deepwater drillship at $170k per day
Cash-strapped Pacific Drilling has reportedly found work for its Pacific Santa Ana drillship which has been out of work since January. The driller, recently suspended from trading in New York for not fulfilling the required trading conditions, has, according to VesselsValue found employment for its
Report: Murphy Oil takes PV Drilling jack-up on one-month deal
U.S. oil company Murphy Oil has reportedly hired one of PV Drilling’s offshore rigs on a one-month firm deal. According to VesselsValue (VV), Murphy Oil hired the PV Drilling III jack-up rig for an undisclosed dayrate. Data from VV indicates that the Keppel FELS B class jack-up rig was contracted la
Video: River Conveyance of World Dream
World Dream, the second cruise ship built for Asian cruise line Dream Cruises, left Meyer Werft Shipyard in Papenburg, Germany, on September 17, to be conveyed on the river Ems to Eemshaven, Netherlands. The river conveyance is the official start of World Dream’s journey to the North Sea where the v
SCI Breaks 6 Mn Deadweight Mark with BW’s VLGC
The Shipping Corporation of India Ltd (SCI) has taken delivery of a 2001- built second-hand very large gas carrier (VLGC), the largest in its gas carrier fleet. The 82,488-cbm ship BW Vision, now renamed to Nanda Devi, was previously owned by Singapore’s BW LPG, part of BW Group. According to Capt.
GAIL India Hires LNG Carrier from Total
India’s gas utility company GAIL has chartered in an LNG tanker from French oil and gas company Total SA to transport gas from the US. According to a company official, cited by the Economic Times, the ship is being chartered for a period of three years and the company has an option to extend the [&h
GAIL charters LNG carrier from Total
State-run gas company GAIL has reportedly hired a liquefied natural gas (LNG) carrier from Total on a three-year deal to transport the chilled fuel from the United States starting early next year.
Malaviya Seven to Be Finally Auctioned Off
Aberdeen Sheriff Court has ordered the sale of the India-owned platform support vessel Malaviya Seven, which has been detained in Aberdeen since June 2016 over unpaid wages to the ship’s crew. The 12 crew members that remain onboard are said to be owed from August 2016 to date. The order, confirmed