South & Central Asia
Torm Expands Fleet with New Tonnage
Danish shipping company TORM has expanded its fleet as it took delivery of two newbuilding MR2 chemical/product tankers. The vessels in question, which were bought as resales from Hong Kong-based Cido Shipping, were named Torm Sovereign and Torm Supreme. Each featuring 50,000 dwt, the tankers were p
Global Maritime Enters Taiwanese Offshore Wind Picture
UK-based Global Maritime has signed a Memorandum of Understanding (MOU) with a number of Taiwanese organisations to develop closer cooperation on offshore wind technologies including marine warranty surveys, inspections and testing services.
International offshore rig count down to 201 units in August
The international offshore rig count for August this year was 201 units, down by 27 units year-over-year, according to a Friday report by Baker Hughes, a GE company. The international rig count includes Latin America, Europe, Africa, Middle East, and Asia Pacific regions. The international rig count
CLIA: 53 Pct More Cruise Ships Plying Asian Waters
In 2017, 66 cruise ships are being deployed in Asian waters, a 53 percent growth since 2013 when only 43 ships were cruising in Asia, a new report released by the Cruise Lines International Association (CLIA) finds. Five of these are mega ships (more than 3,500 passenger capacity), 13 are large (2,0
Pacific Radiance in debt restructuring talks
Singapore-based offshore vessel operator Pacific Radiance has started debt restructuring talks with its bank lenders. Pacific Radiance and the bank lenders intend to work towards a consensual restructuring of the group’s borrowings, according to the vessel owner’s brief statement on Thursday. The co
Listing Ship Closes Traffic at India’s Vizag Port
A number of berths were closed to vessel traffic at India’s Visakhapatnam Port after a general cargo ship started to list badly, according to GAC India. The 10,959 dwt vessel HAI DUONG 09 was being loaded with steel billets when it suffered the list on September 6. The cause of the incident was repo
SASAC Gives Green Light to COSCO-OOCL Deal
China’s State‑owned Assets Supervision and Administration Commission (SASAC) has approved the bid from COSCO Shipping Holdings Co to take over Orient Overseas (International) Limited. Under the offer launched in July, COSCO Shipping Holdings and Shanghai International Port Group (SIPG) seek to acqui
Duo in offshore survey & inspection pact
Singapore-based M3 Marine Group and Indonesia’s PT ROV Inspeksi have transformed years of collaboration into a new company offshore named M3 Marine Remote Inspections, working in the offshore surveying and inspection arena. M3 said last week that the new company would offer remote aerial, underwater
The Netherlands – Bangladesh Cooperation to Continue
The Government of Netherlands will in the future continue to support Bangladesh in its land reclamation and river dredging activities, reports United News of Bangladesh (UNB). According to UNB, this message was conveyed to Bangladesh Ambassador to the Netherlands, Sheikh Mohammed Belal, during his m
DNV GL launches CHIL test bench for renewable energy plants
Renewables certification body DNV GL has opened the control hardware in loop (CHIL) test facility for renewable energy generation plants.
Heerema to recycle Hermod crane vessel after 40 years in operation
Dutch marine contractor Heerema Marine Contractors is going to retire and recycle its semi-submersible crane vessel Hermod at the end of the year after nearly 40 years in operation. Hermod and its sister vessel Balder, the first semi-submersible crane vessels of its kind in the offshore construction
UK and Chinese Researchers Start ORE Co-Op Projects
Researchers from the UK and China will collaborate on five projects to develop the next generation of offshore renewable energy (ORE) technologies, the Engineering and Physical Sciences Research Council (EPSRC) said.