South & Central Asia
Top news of the week July 24-29
Video: Shell’s Prelude FLNG arrives in Australian waters Shell’s Prelude floating liquefied natural gas (FLNG) facility has arrived at its location, the Prelude gas field, 475km North-North East of Broome. Black & Veatch wins Jafrabad FSRU contract Black & Veatch headquartered in Overland Park, Kans
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (July 24 – July 30). TechnipFMC has informed that is financial statements for the three months ended March 31, 2017 should no longer be relied upon because of material errors in such financial statemen
Berge Bulk Expands Fleet with New Ore Carrier
Singapore-based dry bulk owner Berge Bulk has taken delivery of the latest in the series of four 262,000 dwt vessels, the Berge Annapurna. Featuring a length of 327 meters and a width of 57 meters, the company’s newest ore carrier vessel was constructed by China’s Longxue shipyard and delivered to i
OOCL Sees Rise in Volumes, Revenues
Hong Kong-based container carrier Orient Overseas Container Line (OOCL) recorded a 15.2% rise in its total revenues for the six-month period ended June 30, 2017. Compared to the first half of 2016, the company’s revenue increased from USD 2.24 billion to USD 2.59 billion. Similarly, the shipping fir
Wärtsilä to Equip Japanese Bulker Duo with Scrubber Systems
The technology group Wärtsilä has been contracted to supply the exhaust gas cleaning systems for two new 56,000 dwt Handymax bulk carriers. The ships are being built at Japan’s Oshima Shipbuilding for Tokyo-based NYK Bulk & Projects Carriers (NYK BP), a wholly owned subsidiary of Nippon Yusen Kabush
Hapag-Lloyd Adds 15,000 TEU Containership
German shipping major Hapag-Lloyd has added a new 15,000 TEU containership Afif to its fleet, strengthening its presence in South Korea. The company informed that the 150,800 gross ton vessel “was delivered in perfect condition to Hapag-Lloyd and is already making its way to Pusan.” Featuring a leng
Total: Arctic LNG carrier heads for South Korea via Northern sea route
Christophe de Margerie, the world’s first ice-breaking LNG tanker, loaded a cargo at Statoil’s Hammerfest LNG terminal and set course for South Korea via the Northern sea route.
Sembmarine’s 2Q profit down 51%
Singapore’s offshore rig builder Sembcorp Marine sees signs of offshore market improvement, however it believes its will take longer for a more robust recovery. The company’s second quarter revenue fell to $655 million, a 28 percent dive compared to $908.5 million in 2Q 2016. Net profit fell to $5.6
Clarksons: Boxship Orderbook to Continue Diminishing
The containership orderbook has diminished by 30% in capacity terms since the start of 2016 and in the first half of 2017 it totalled less than 40,000 TEU, Clarksons Research said. However, there are several important aspects of the orderbook to consider, including the change in the overall size of
Tokyo Gas to study land-based LNG terminal feasibility in Bangladesh
Japan’s biggest city gas supplier, Tokyo Gas, in a joint venture with Nippon Koei, has been contracted to perform a feasibility and engineering study for a land-based LNG terminal in Bangladesh.
Wison delivers Caribbean FLNG to Exmar
Wison Offshore & Marine completed the final delivery of the barge-based floating natural gas liquefaction and storage facility, Caribbean FLNG to Exmar.
Wison Delivers Caribbean FLNG Mammoth
Wison Offshore and Marine has officially delivered the Caribbean FLNG, the world’s first barge-based floating natural gas liquefaction and storage facility. The vessel was constructed by the shipbuilder under an engineering, procurement, construction, installation and commissioning (EPCIC) contract