South & Central Asia
MISC takes delivery of 3rd Moss-type LNG carrier
Malaysian LNG shipper MISC, a unit of energy giant Petronas, has taken delivery of its new LNG carrier named Seri Cempaka.
LNG Carrier Seri Cempaka Joins MISC Berhad’s Fleet
Malaysia’s MISC Berhad (MISC) took delivery of the third in a series of five Moss-Type Seri-C Class liquefied natural gas (LNG) carriers, Seri Cempaka, on July 27. Featuring 150,200 cbm, the new LNG carrier was constructed by South Korea’s shipbuilder Hyundai Heavy Industries (HHI) and benefits from
Aquarius MRE Project and Shipowner Prepare for Sea Trials
Japan-based Eco Marine Power (EMP) has started preparing for sea trials of its Aquarius Marine Renewable Energy (MRE) solution involving several large bulk carriers. Being undertaken in co-operation with strategic partners and compatriot ship owner Hisafuku Kisen K.K., the preparatory work will lead
PTTEP buys 10 pct stake in Petronas’ Bintulu LNG Train 9
PTTEP, the exploration and production unit of Thai state-owned PTT, secured a 10 percent stake in Petronas ninth liquefaction train at the company’s Bintulu LNG complex.
Petronas to ditch two blocks off Vietnam after 26 years
Malaysian state-owned energy major Petronas is abandoning two blocks located offshore Vietnam. Petronas said on Thursday that its subsidiary, PC Vietnam Limited (PCVL), will hand over Blocks 01 and 02 at the Cuu Long basin to the host authority Petrovietnam once the Production Sharing Contract (PSC)
Protean and KEPCO KPS to jointly pursue wave projects
Protean Energy has signed a project cooperation agreement with KEPCO Plant Service and Engineering (KPS) for the development of wave and other renewable energy projects across the Asia Pacific region.
Japex takes financial hit following PNW LNG scrapping
Japan Petroleum Exploration (Japex) will take a $82 million hit following the scrapping of the Pacific NorthWest LNG project in British Columbia, Canada.
Rabobank Expert at Dredging Today Conference
The preparations for the first annual Dredging Today Conference, which will take place on 9 and 10 October 2017 at Amsterdam RAI, are progressing according to schedule. We are pleased to announce that Richard Brakenhoff, Industry analyst at Rabobank, has confirmed his participation to our first Dred
Diana Shipping’s Vessel Grounds off Indonesia
The 76,436 dwt dry bulk vessel Melite has run aground off the coast of Pulau Laut, Indonesia, according to data provided by the ship’s owner, Athens-based shipping firm Diana Shipping. The company informed that the crew is in no danger as a result of this incident and there has been no pollution. Al
HMM Sees Surge in Asia-US West Coast Volumes
South Korean shipping major Hyundai Merchant Marine (HMM) saw a 77 percent surge in its Asia-US west coast (USWC) volume in June 2017, compared to the same month a year earlier. HMM’s Asia-USWC handling cargo rose year-on-year from 7,953 TEU per week to 14,055 TEU per week at the end of the month, t
Report: Spanish oil company stops Vietnam drilling amid China pressure
Spanish oil giant Repsol has reportedly stopped drilling for oil and gas in the Vietnamese waters, after China’s alleged threats. BBC has this week reported, citing an industry source, that Vietnam ordered Repsol to cease its drilling operations in the part of the South China Sea claimed both by Chi
CMPort to Develop Sri Lanka’s Hambantota Port
State-owned China Merchants Port Holdings (CMPort) is set to invest up to USD 1.12 billion in the development, management and operation of Sri Lanka’s Hambantota Port. The investment was unveiled on July 25, as part of the concession deal terms agreed between CMPort, Sri Lanka Ports Authority (SLPA)