South & Central Asia
KrisEnergy COO takes on chief executive role
KrisEnergy, an oil and gas company focused on operations in Southeast Asia, has promoted its chief operating officer and president of the company’s Cambodian ops to the chief executive officer role. KrisEnergy said on Thursday that the company appointed Kelvin Tang to the position of CEO. The COO an
Report: HHI Asks 5,000 Workers to Take Unpaid Leave amid Work Shortage
Due to insufficient workload, South Korean shipbuilder Hyundai Heavy Industries (HHI) has been faced with over 5,000 of idle workers. As a result, the company has asked its union to convince the workers to take an unpaid leave starting September, the Korea Times reports citing a statement from the c
Austal Philippines Wins 5th Ferry Order in 12 Months
Austal Philippines, part of Australian shipbuilding group Austal, has received the fifth high-speed commercial ferry order in just over twelve months. Namely, VS Ferries Corporation of Samar in the Philippines has awarded an AUD 5.5 million (USD 4.3 million) contract to Austal for the construction o
India’s GAIL avoiding to take contracted U.S. LNG volumes, inks 3 swap deals and plans more
State-run gas company GAIL (India) Ltd has signed three time-swap deals with international players to sell some of its previously contracted U.S. LNG supplies as it is trying to reduce costs for price-sensitive Indian customers.
Pavilion Gas, Singapore LNG ink storage and reload deal
Pavilion Gas and Singapore LNG Corporation signed a deal for LNG storage and reload services at the Singapore LNG terminal on Jurong Island.
Bassoe: Up to 340 offshore drilling rigs could be scrapped by 2020
By: David Carter Shinn It may sound too good to be true, but it’s not completely out of the question. With utilization levels at just over 50% for all rig types and over 130 newbuild rigs stranded or under construction, the need for an increase in rig scrapping (recycling) seems obvious. But it’s no
Shell’s Prelude FLNG gets Lloyd’s Register classification
Shell’s floating liquefied natural gas (FLNG) facility Prelude has officially entered into Lloyd’s Register class.
Gallery: Stena Bulk Names Twin Newbuilds
Image Courtesy: Stena Bulk Swedish tanker shipping company Stena Bulk has named Stena Imperator and Stena Imprimis, the eleventh and twelfth of the company’s thirteen IMOIIMAX tanker newbuildings. The christening ceremony was held at Guangzhou Shipbuilding International (GSI) shipyard in Guangzhou,
Jan De Nul Among Nominees for IADC Safety Award 2017
The International Association of Dredging Companies (IADC) has just revealed the 7th nominee for its Safety Award 2017 – Jan De Nul Group’s Hatch Covers for Deck Hatches. When a low deck hatch is in the process of opening, it quickly becomes a dangerous situation. Falling down an unprotected and ope
Industry players launch Australian tidal and wave taskforce
Nine tidal and wave energy companies have joined forces to launch a new taskforce set to accelerate the commercialization of marine renewable energy technologies in Australia.
Myanmar to Dredge Yangon River
The Amyotha Hluttaw – Myanmar’s House of Nationalities (Upper House) – addressed strategies to mitigate erosion along the Yangon River during its meeting on August 21st in Nay Pyi Taw. According to U Kyaw Myo, Deputy Minister for Transport and Communications, the Myanmar Port Authority is working on
MPA, IBM to Roll Out New AI Project to Improve Maritime, Port Ops
CLICK TO ENLARGE The Maritime and Port Authority of Singapore (MPA) and IBM have jointly completed the pilot trial of three modules under the MPA-IBM SAFER project, which will be rolled out progressively beginning September 2017. Project SAFER, derived from “Sense-making Analytics For Maritime Event