South & Central Asia
Fosen Yard, Hantong Shipbuilding to Set Up JV
Norwegian Fosen Yard and China’s Hantong Shipbuilding agreed on July 7 to form a joint venture (JV) for building roll-on/roll-off passenger (RoPax), roll-on/roll-off (RoRo) and cruise vessels. As informed, the new JV will be named Fosen Hantong and will become effective immediately. The JV will util
Readers’ Picks of The Week (July 10-14, 2017)
Readers’ Picks of The Week (July 10-14, 2017)
Popular news, July 10 – 16, 2017
The most popular articles of the week.
Top news, July 10 – 16, 2017
Tidal Energy Today has compiled the top news from tidal and wave energy industry from July 10 – 16, 2017.
Top news of the week July 10-15
LNG giant Shell to invest billions in new energies to cut emissions The Hague-based LNG giant Shell aims to spend as much as $1 billion a year on its New Energies unit by the end of the decade as it is seeking to lower emissions. Ichthys LNG FPSO to depart South Korea soon Ichthys Venturer, [&hellip
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (July 10-16, 2017). Going Against the Flow with Royal IHC’s Plumigator Overflow systems are designed to optimize the efficiency of the dredging process by draining excess water and leaving more weight available fo
Hengtong Delivers Record Breaker for Longyuan Dafeng Offshore Wind Farm
Hengtong Electricity Power Industry Group – Jiangsu Hengtong High Voltage Submarine Cable Co. has released what the company said is the world’s longest single no joint 220kV submarine cable, and delivered the first batch of the 220kV submarine cable for the Longyuan Dafeng offshore wind farm.
Hengtong Delivers Record Breaker for Longyuan Dafeng Offshore Wind Farm
Hengtong Electricity Power Industry Group – Jiangsu Hengtong High Voltage Submarine Cable Co. has released what the company said is the world’s longest single no joint 220kV submarine cable, and delivered the first batch of the 220kV submarine cable for the Longyuan Dafeng offshore wind farm.
Tsakos Offloads Panamax to OEL
Dubai’s Orient Express Lines (OEL), a unit of shipping and logistics conglomerate Transworld Group, has acquired a 4,253 TEU containership from Greek shipowner Tsakos Containers Navigation, part of Tsakos Group. Formerly known as M/V Irenes Wisdom and ER Yantian, the cargo ship has been renamed to O
Essar Ports’ Cargo Volumes Prosper in Q1
India’s port operator Essar Ports posted a record 19.62 million tons of cargo in the quarter ending June 30, 2017. This represents a growth of 12% when compared to the cargo handling in the corresponding four-month period of the previous fiscal year, as explained by Essar Ports. For dry and unit car
Oversupply keeping Asian spot-LNG prices low
Spot LNG market in Asia dropped to $5.4 per million British thermal units during this week, pressured by concerns of oversupply.
Pantheon Tankers Tied to Phoenix Advance Acquisition
Greece-based tanker management firm Pantheon Tankers Management has bought a second-hand Aframax tanker from Singaporean owner Phoenix Tankers. The transaction, dated July 13, shows the 2011-built Phoenix Advance being sold for USD 28 million, based on VesselValue’s data. The Aframax will join the c