South & Central Asia
Marine bonds draft criteria up for public review
The Climate Bonds Initiative has opened a public consultation on the draft Marine Renewable Energy Criteria for marine related-investments under the Climate Bonds Standard.
Three partners follow Petronas in MHS heli contract termination
After Malaysian state-owned firm Petronas terminated a contract with the helicopter services provider MHS Aviation for the provision of transportation of personnel to offshore facilities, three other companies followed suit. Namely, MHS Aviation, a 51% subsidiary of Boustead Holdings, has also recei
Statoil charters AET’s two LNG-fueled shuttle tankers
Norwegian energy company and LNG player Statoil chartered two LNG-fueled DP2 offshore loading shuttle tankers (OLSTs), MISC’s unit AET ordered at Samsung Heavy Industries.
First LNG cargo produced from Jangkrik feed gas leaves Bontang plant
Italian energy giant Eni said the first cargo of liquefied natural gas for the domestic Indonesian domestic market, produced from the Jangkrik gas field, has been dispatched from the Bontang LNG plant.
TechnipFMC Installs Hywind Scotland Suction Anchors
Statoil ASA has through contractor TechnipFMC completed suction anchor installation at Buchan Deep approximately 25 kilometres off Peterhead, Scotland, as part of the Hywind Scotland Pilot Park Project.
IADC: Scientific Approach to Active Reef Rehabilitation
The International Association of Dredging Companies (IADC) has just released their latest article named ‘ReefGuard: A Scientific Approach to Active Reef Rehabilitation’. ReefGuard, a mobile coral breeding facility provides a highly controlled environment to aid in integrating the breeding and outpla
USCG Issues Updated BWMS Approval to Sunrui
The United States Coast Guard (USCG) Marine Safety Center has issued an updated type approval certificate to China-based Sunrui Environmental Engineering for the company’s BalClor ballast water management system (BWMS). As informed, the updated certificate was issued to clarify the hazardous locatio
Herbert Smith Freehills advises Kogas on Coral South FLNG project
London-headquartered law firm Herbert Smith Freehills has advised South Korea’s Kogas on its participation in the $11 billion Coral floating LNG project in Mozambique.
ABS Grants Approval to Chiyoda’s FLNG Power Plant Concept
Houston-based classification society ABS has granted Approval in Principle (AIP) for a floating LNG power plant and floating storage and regasification unit (FSRU) design concept developed by Japan’s Chiyoda Corporation. This concept offers a new approach to delivering new sources of power to remote
Muted Impact of Qatar Crisis on LNG Sector
The severing of diplomatic ties between Qatar and its neighbors in the Gulf has caught the market off guard, causing a lot of concern amid growing uncertainty surrounding the impact of the crisis on the shipping industry. Being the world’s biggest exporter of LNG, it was assumed that the LNG shippin
Petronet LNG offered stake in Mundra LNG project
India’s largest importer of liquefied natural gas, Petronet LNG is reportedly in negotiations with Gujarat State Petroleum Corporation over a 25 percent stake in Mundra LNG import terminal.
Study: Maritime Industry Needs Better Data Sharing and Collaboration, But Change Is Coming
The maritime industry and broader ocean supply chain are suffering from major and costly inefficiencies due to ineffective data sharing and poor cross-industry collaboration, a new report and industry survey released by the Business Performance Innovation (BPI) Network in coordination with Navis and