South & Central Asia
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (June 12-18, 2017). USPA and Novadeal Reach Agreement on Yuzhny Port Ukrainian Sea Ports Authority (USPA) and Novadeal LTD (subsidiary of the DEME Group, Belgium) have reached an agreement for the maintenance dred
Philippine Coast Guard Takes Over Security Supervision of All Ports
The Philippine Coast Guard has assumed control of the security supervision of all ports, and shipping operations in the island country from the Maritime Industry Authority (MARINA) and the Philippine Port Authority (PPA). The Coast Guard acted upon the order from the Transportation Secretary Arthur
Containerships’ LNG-fueled vessels build progresses
Finnish shipping company Containerships said the construction of its LNG-fueled containerships s progressing at the Chinese Wenchong Shipyard, Guangzhou.
Oil prices bounce but stuck near 2017 lows on supply overhang
By Libby George LONDON (Reuters) – Oil prices edged up from 2017 lows on Friday but an ongoing supply excess put them on track for their fourth consecutive week of losses despite OPEC-led production cuts to support the crude market. Brent crude futures <LCOc1> were up 42 cents at $47.34 per barrel b
Gallery: Sewol Emerges from Seabed
Image Courtesy: ALE Heavy lifting and transportation company ALE completed the load-in of the Sewol wreck using a record-breaking number of self-propelled modular transporters (SPMTs), as part of a complex salvage operation in the East China Sea in April. At 17,000 tons, this was the heaviest piece
Ramboll Wins Foundations Design for Chinese OWF
Ramboll has been appointed by Huadong Engineering Corporation to design foundations for the SPIC Binhai South H3 offshore wind farm in the Yellow Sea north of Shanghai. The project involves geotechnical investigations, numerical modelling of waves, currents and tidal variations, and detailed designi
CEDA Webinar 10 Set for June 27
The Central Dredging Association (CEDA) has just announced that they will hold its next webinar – Cyber security: from awareness to empowerment, with a focus on the maritime/dredging industry – on 27 June 2017, from 14:00-15:00 (CEST). The webinar presenter is Mark Luchs, PhD Candidate, Delft Univer
Precious Shipping Cancels Final Taizhou Sanfu Order
Thailand-listed dry cargo ship owner Precious Shipping has cancelled the final Ultramax newbuilding order at China’s shipyard Taizhou Sanfu Ship Engineering. The company said that the final shipbuilding contract for hull a 63,345 dwt bulk carrier was automatically terminated on May 31, 2017 as Sanfu
Reliance and BP to Develop R-Series Deepwater Gas Fields Off India
Reliance Industries Limited (RIL) and BP have said they are moving forward to develop already-discovered deepwater gas fields, bringing new gas production for India. The two companies have agreed to deepen and expand their partnership to work jointly across a wide range of areas throughout India’s e
NEO 2017: Renewables set for $7.4 trillion in new investment by 2040
Renewable energy sources are set to take almost three quarters of the $10.2 trillion the world will invest in new power generating technology over the years to 2040, Bloomberg New Energy Finance (BNEF) revealed in its latest long-term energy forecast.
Pacific Radiance Scoops $45M in Vessel Deals
Pacific Radiance has secured USD 45.3 million worth of new contracts, including options. Under these contracts, ten of the Group’s offshore support vessels, including a diving support vessel, are being deployed to support projects in Asia and the Middle East. The vessels are chartered to new and exi
BP, Reliance move to develop offshore gas fields in India
India’s Reliance Industries Limited and UK’s BP are set to start awarding contracts to speed up the development of gas fields off the east coast of India. The two companies have jointly announced the decision to progress development of the ‘R-Series’ deep water gas fields in Block KGD6 in the Bay of