South & Central Asia
Analysis: Global Maritime Security Incidents Take Downward Turn
There was an overall 15% decrease in global maritime security incidents in the first half of 2017, compared with the same period of 2016, according to Control Risks’ latest maritime analysis. As explained, the drop was in part driven by a significant decline in maritime piracy in the Gulf of Guinea,
Drewry: Vietnam, Indonesia Adding Direct Mainline Services
The assumption that the rise of mega-ships and alliances would limit the coverage of direct mainline container services to key gateways and hubs has thus far been inaccurate, according to shipping consultancy Drewry. A combination of excess ship capacity, relatively low bunker costs and improving po
Bureau Veritas approves Wison’s floating LNG power barge
Wison Offshore & Marine said its newly-developed floating storage regasification and power generation barge (W-FSRP) has received approval in principle (AIP) from Bureau Veritas.
ReCAAP: Piracy Incidents Down by 22 Pct in H1
A total of 36 incidents of piracy and armed robbery against ships, comprising 30 actual and six attempted incidents, were reported during January-June 2017 in Asia, a decrease of 22 percent year-on-year, local piracy watchdog ReCAAP said. Of the 30 incidents, 13 occurred on board tankers, eight on b
Bureau Veritas Grants AIP for Wison’s Floating LNG Power Supply Barge
Shanghai-based Wison Offshore & Marine, part of Wison Group, informed that its newly-developed floating storage regasification and power generation barge (FSRP) has received approval in principle (AIP) from classification society Bureau Veritas. W-FSRP integrates functions of LNG loading and storage
New Emission Control Rules from 2019 in Hong Kong
Hong Kong will introduce its own regulation to require vessels plying Hong Kong waters to use cleaner fuel from January 2019, UK P&I Club informed. The regulation is said to complement the efforts under the PRC’s Ministry of Transport’s action plan for the Hong Kong, Macau and PRD (Pearl River Delta
Essar Bulk Terminal Signs Agreement for Jetty Expansion at Hazira
Essar Bulk Terminal Ltd (EBTL), the operator of the Hazira Port Terminal facility, has signed an agreement with Gujarat Maritime Board (GMB) for expanding its captive jetty by 1100 meters. The expanded berthing facility is expected to be ready by end-FY18, and will enhance the current capacity by 20
GMS: Pakistan to Tighten Scrapping Rules for Tankers
Pakistani shipbreaking yards, which are currently closed for tankers following accidents on uncleaned FSU and LPG earlier this year, could start receiving such vessels but with greater restrictions. Namely, rumors persist of an imminent reopening to tankers with far greater restrictions on tanker cl
ECTMarine, Timblo Win CSD Deal in India
ECTMarine, a Dutch supplier of dredging components, services and design, has won a tender in combination with Goa based Timblo Shipyards, India, for the delivery of a cutter suction dredger (CSD) for an Indian government agency. Under the agreement, ECTMarine will supply the D&E Package (Design and
Report: SHI to Continue Cutting Its Workforce
South Korea’s shipbuilder Samsung Heavy Industries (SHI) is looking to further cut its workforce, continuing with the move earlier announced in the company’s self-rescue plan, according to Yonhap News Agency. Although the exact number of workforce which would be reduced this year was not unveiled, t
MODEC wins Coral South FLNG mooring system contract
MODEC said its unit, SOFEC has been awarded the turret mooring system supply contract for the Eni-led Coral South FLNG project by the joint venture consisting of TechnipFMC and JGC Corporation.
Oceanbulk Books Capesize Quartet at Shanghai Waigaoqiao
Greek Oceanbulk Group has been linked to an order for four Capesize bulkers at China’s Shanghai Waigaoqiao Shipbuilding, a wholly owned subsidiary of China CSSC Holding. The 180,000 DWT quartet is valued at USD 172 million, with Oceanbulk paying USD 43 million a piece, data from VesselsValue shows.