South & Central Asia
Dredging in India Conference Takes Place in September
The Indian Infrastructure magazine has just announced that their 8th annual conference on ‘Dredging in India’ will take place on September 6-7, at The ITC Maratha, Mumbai. In the past few years, dredging has emerged as a distinct industry in itself. The industry is being driven largely by the growin
IRClass Accredited for EU MRV Services by Dutch Accreditation Council
Classification society Indian Register of Shipping (IRClass) has been accredited for EU MRV Monitoring Reporting and Verification services by Dutch Accreditation Council (Raad voor Accreditatie RvA). As explained, this accreditation enables IRClass to undertake the assessment of monitoring plans and
Paris MoU Releases Questionnaire for Upcoming CIC on Safety of Navigation
The Paris Memorandum of Understanding (Paris MoU) has published a questionnaire for the forthcoming port state control (PSC) joint concentrated inspection campaign (CIC) on safety of navigation. The questionnaire will be used by PSC officers for vessel inspections during the campaign, which starts o
Aibel delivers first module for Sverdrup drilling platform
Oil services company Aibel has completed and delivered the main support frame for the Johan Sverdrup drilling platform in its yard in Thailand. This is the company’s largest individual delivery to date, Aibel said on Tuesday. The Johan Sverdrup drilling platform will consist of three modules, which
Hyundai Heavy Earns Less amid Shipbuilding Woes
Shipbuilding woes continued to put a significant amount of pressure on South Korea’a Hyundai Heavy Industries (HHI), as the shipbuilder saw a 49.7 percent drop in its net income during the second quarter of 2017. HHI delivered a net income of KRW 69.2 billion (USD 61.6 million) for the quarter ended
Two new companies join LNG-bunkering coalition
SEALNG, the industry coalition promoting the use of LNG as a marine fuel, has been joined by Mitsui & Co., Novatek, and Sumitomo Corporation.
Top Carriers More Reliable in Q2
Global schedule reliability improved 2.3 percentage points to 74.6% in the second quarter of 2017, from 72.3% in reported in the previous quarter, according to market intelligence provider SeaIntel informed. Although the score increased on a quarterly level, it dropped by 10.4 percentage points on a
Drewry: Chinese Players Lead M&As in Port Sector
The outlook for global container port demand growth is now more optimistic and Chinese players are on the acquisition trail in an aggressive and highly confident manner, shipping consultancy Drewry said. Drewry’s container port demand forecast is more positive than in last year’s report, exhibiting
Introducing Dredging Today Conference Speaker Mark van Zanten
Dredging Today Conference (DTC) proudly confirms Mark van Zanten, Senior Project Manager at Royal HaskoningDHV, as 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 and environm
Alang Yards Receive Ultimatum to Improve Facilities
India’s Gujarat Maritime Board (GMB) has issued an ultimatum to Alang yards that have yet to modernize and improve their facilities under the guidelines laid out in the Hong Kong Convention (HKC) for ship recycling. “This is certainly a bold and forward thinking maneuver by the Indian government tha
Sheet Piling Works Kick Off at Velana International Airport
After the completion of all land reclamation operations, the sheet piling works at Velana International Airport officially started yesterday, Maldives Airports Company Limited (MACL) said in its latest announcement. Approximately 3,300 meters of sheet piling works at the north east lagoon area will
MOL Delivers Stronger Quarter, Raises Outlook
Japan’s shipping firm Mitsui O.S.K. Lines (MOL) is expecting an improvement in its earnings for the current fiscal year, as it witnessed a stronger first quarter. MOL said its net income for the first quarter of the fiscal year reached JPY 5.2 billion (USD 47 million), compared to JPY 1.4 billion (U