South & Central Asia
Empyrean completes seismic survey off China
London-listed oil and gas company Empyrean Energy has completed 3D seismic data acquisition in Block 29/11 offshore China. Block 29/11 is approximately 1,800 square kilometers and is situated approximately 200 kilometers off Hong Kong in water depths ranging from 340-600 meters. Empyrean, a company
KrisEnergy seals the deal for Cambodia’s first oil field development
Singapore-based oil and gas company KrisEnergy and the government of Cambodia have signed fiscal and technical agreements for the country’s first oil field development in Cambodia Block A in the Gulf of Thailand. Earlier this month, the government approved the signing schedule for the petroleum agre
Alphaliner: Global Container Volumes on the Rise in H1
During the first six months of this year, the global container port throughput rose by 6.7 percent and the growth is on track to hit over 6 percent for the full year, a six-year high, according to Alphaliner. The estimate was made based on the survey results from over 250 ports, with a combined annu
Repsol takes UMW’s jack-up for a drilling spin
UMW Offshore Drilling has secured a contract to provide a jack-up drilling rig to the Spanish oil company Repsol. The driller, a subsidiary of Malaysia’s UMW Oil & Gas said on Tuesday the contract value was RM 113 million. Repsol will take UMW’s Naga 5 rig on a one year contract with an option to [&
Robbers Board Bulker off Indonesia, Threaten Seafarer
Two robbers have boarded a bulk carrier and entered its steering gear room while the ship was underway some 4.7 nautical miles off the coast of Pulau Nipah, Indonesia. In the incident, which occurred in late afternoon hours on August 20, the perpetrators threatened the duty oiler with a knife, accor
Another ULCV Joins OOCL’s 21,000 TEU Club
Hong Kong-based container shipping company Orient Overseas Container Line (OOCL) christened today another 21,413 TEU boxship, the OOCL Germany, at Samsung Heavy Industries (SHI) shipyard in Geoje, South Korea. The newbuilding is the second of the company’s six 21,000+ TEU class vessels on order at t
US East Coast Ports Yet to See Major Change in Vessel Sizes from Asia
Deployment of bigger container shipping vessels to the United States East Coast ports is yet to take place as carriers take their time to reshuffle their vessel schedules. Despite the removal of infrastructural obstacles that prevented bigger ships from entering East Coast ports, including the expan
STX O&S Ordered to Stop Work after Deadly Blast
South Korean shipbuilder STX Offshore & Shipbuilding has been ordered to cease operations following a fatal blast at the company’s Changwon yard that took the lives of four workers two days ago. The order was issued by the country’s Ministry of Employment and Labor, Yonhap news agency reported. The
HMM Talking Investment with BlackRock
South Korean container shipping company Hyundai Merchant Marine (HMM) is in talks with asset manager BlackRock Inc about a potential investment in the company. “It is true that there was a discussion between HMM and BlackRock but nothing in detail was discussed,” an HMM Spokeswoman confirmed to Worl
India’s LNG imports up in July
India’s imports of liquefied natural gas (LNG) increased in July after two straight monthly declines, according to the latest data from oil ministry’s Petroleum Planning and Analysis Cell (PPAC). India imported 2.09 billion cubic meters of LNG or about 1.59 million mt last month, a rise of 6.8 perce
Over 1,300 Seafarers Abandoned in Five Years
Over the last five years, 12 to 19 crew abandonment incidents were reported annually and 1,013 seafarers were involved in total, the International Labour Organization (ILO) told World Maritime News. Furthermore, figures from this year, as of July 31, show that 28 abandonment cases were reported, inv
Update: Alnic MC, John S. McCain Arrive in Singapore for Inspection
The Liberian-flagged oil/chemical tanker Alnic MC has reached Singapore’s eastern anchorage for inspections following the collision with the US Navy’s guided-missile destroyer John S. McCain while underway east of the Straits of Malacca and Singapore. The tanker, owned by Brave Maritime Corporation