South & Central Asia
More Facts About Royal IHC Beagle Series
The launching ceremony of Adani’s 8,000m³ IHC Beagle trailing suction hopper dredger (TSHD) Shanti Sagar 18 took place last week at Royal IHC’s shipyard in Krimpen aan den IJssel, the Netherlands. Today, we are bringing you more details about this impressive vessel. The TSHD will be mainly utilized
Damen’s Product Director Dredging at Dredging Today Conference
Olivier Marcus, Product Director Dredging at Damen Shipyards Gorinchem, has just confirmed his participation to our first Dredging Today Conference (DTC). The Damen Group, gold sponsor of DTC, is a Dutch defense, shipbuilding, and engineering conglomerate company based in Gorinchem, the Netherlands.
Bangladesh eyes more spot-LNG over long-term supplies
Negotiations between Bangladesh and Qatar on the long-term LNG supply contract has entered final stages with the importer eyeing lower volumes in favor of spot supplies.
Maran Tankers Orders VLCC Quartet at DSME
Maran Tankers Management, part of Greek shipping major Angelicoussis Shipping Group, has returned to South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) for four additional very large crude carriers (VLCC). The four 318,000-ton VLCC, featuring 336 meters in length and 60 meter
20-Year-Old Crude Carriers Are Here to Stay?
By 2020, some 100 very large crude carriers (VLCCs) will be over 20 years old, hinting that the time may be ripe now to replace that tonnage especially since the newbuilding prices are hard to resist now. “With 80 million US dollars for a VLCC and 53 million US-dollars for a Suezmax, you need to [&h
Sailaway date for Catcher FPSO coming near
First oil from Premier Oil-operated Catcher development in the UK sector of the North Sea remains on track for later this year with sailaway date for the FPSO unit set for next month. The Catcher, made up of several fields discovered between 2010 and 2013, is located 170 kilometers south-east of Abe
Former OW Bunker Exec Charged with Fraud
A former director of a Singapore subsidiary of the bankrupt fuel supplier OW Bunker has been charged by Danish prosecution office for a breach of trust worth over DKK 800 million (USD 122 million). After OW Bunker Group’s financial collapse in November 2014, the prosecution office launched an extens
Tokyo Gas starts LNG contract revision
Japan’s biggest city gas supplier, Tokyo Gas is looking to secure more flexible LNG supply deals with favorable terms as it engages in talks to renew the existing deals.
Yasa Shipping Tied to Bulker Quartet Order
Turkish shipping company Yasa Shipping has been linked to the order of four Ultramax bulk carriers, including an option for a further four ships. The bulkers were ordered at China’s Jiangsu New Yangzijiang shipyard earlier this month, according to information provided by VesselsValue. Yasa Shipping
Santoku Senpaku Orders Capesize Pair at SWS
Japanese shipowner and operator Santoku Senpaku has ordered two 186,000 dwt bulkers from Chinese Shanghai Waigaoqiao Shipbuilding (SWS). The duo is slated for delivery in 2019, according to Intermodal Research and Valuations. The Japanese shipping company is said to be paying USD 45 million per vess
Indonesia’s rising output cuts need for LNG imports
Indonesia might not need to import liquefied natural gas (LNG) until 2020 as local production turns out to be better than expected.
Carnegie cashes in grant payments
Carnegie Clean Energy has over the past weeks received around $655,000 of government grant funding for its microgrid and wave energy projects.