South & Central Asia
UPDATE: Two Rescued from the Capsized Dredger in Singapore
The Maritime and Port Authority of Singapore (MPA) has released an update on the collision between Indonesian-registered tanker KARTIKA SEGARA and Dominican-registered dredger JBB DE RONG 19 that occurred yesterday in Singapore. According to the update, divers taking part in the the search and rescu
Update 2: MPA Expands Search Area for Missing Dredger Crew
The total search area for the three missing crew of dredger JBB De Rond 19 was expanded on September 13, according to Maritime and Port Authority of Singapore (MPA). The total surface search area was expanded to 250 km2 from 130km2, while the aerial search area was expanded to 2701km2 from 770km2. F
Trafigura Sets Sights on FSRU for Pakistani LNG Imports
Commodities trader Trafigura plans to develop a second liquefied natural gas (LNG) import terminal project in Pakistan, for which it would need to deploy a Floating Storage Regasification Unit (FSRU). “We plan to develop a second LNG import, also at Port Qasim, with a jetty, berth, and a second FSRU
NYK to Use Binary Cycle Power Generation System on New Panamax
Japanese shipping company Nippon Yusen Kaisha (NYK) intends to deploy a binary cycle power generation system on a newly constructed Panamax bulk carrier to be operated by the company. As explained, the system will generate electricity from the exhaust heat emitted by the marine engine’s air cooler.
Superb line-up for Marine Energy Event 2017
Marine Energy Event 2017, along with both EWA and DMEC are proud of the program and speaker line-up for the event this year.
CNOOC picks Wood Group for South China Sea gig
UK-based energy services company Wood Group has been awarded a new contract by the China National Offshore Oil Corporation (CNOOC) to support the Lingshui 17-2 gas development in the South China Sea. Wood Group said on Thursday that it would provide subsea and flow assurance services under the contr
CSIC Taking Stake in Two Subsidiaries
China Shipbuilding Industry Corporation (CSIC) is buying stakes in two of its subsidiaries, namely Dalian Shipbuilding Industry Co (DSIC) and Wuchang Shipbuilding Industry Corp (WSIC). As disclosed in a regulatory filing, the Shanghai-listed shipbuilder will take 49.99 % equity stake in DSIC and 36.
Asian LR Tanker Rates Shoot Up
Asian long range (LR) tanker market has seen a surge in rates following the Hurricane Harvey amid heightened demand from Europe and Americas resulting from US refinery outages. According to Ocean Freight Exchange (OFE), rates on TC1 and TC5 freight routes surged by w17.5 and w14 points week-on-week
Chittagong Port Chairman at Dredging Today Conference
Dredging Today Conference (DTC) proudly confirms Rear Admiral M Khaled Iqbal, Chairman of the Chittagong Port Authority, as a speaker during the event. DTC – set to take place on 9 and 10 October 2017 at Amsterdam RAI – will offer a forward-looking agenda for the industry addressing economic, social
Sif and Century Wind Lay Foundations for Taiwanese Offshore Wind Venture
Dutch offshore foundations manufacturer Sif Netherlands B.V. and Taiwan’s Century Wind Power Co. Ltd have announced their intention to join forces for the Taiwanese offshore wind market.
Clarksons: The Changing Nature of Orderbook
A substantial decline in size of the orderbook left many yards struggling to secure contracts as state-backed entities received the majority od orders. While the number of yards accounting for the first 25% of the orderbook has remained steady over the last decade, as of start September 2017, 50% wa
CIP Bolsters Taiwanese Offshore Wind Connection
The Changhua County government and Denmak’s Copenhagen Infrastructure Partners (CIP) have signed a memorandum of cooperation to jointly promote and develop offshore wind industry in Taiwan’s most populous county.