South & Central Asia
Maersk Supply Service puts nine newbuilds on back burner
Maersk Supply Service has entered into agreements with two yards to postpone delivery of five anchor handling newbuilds and four subsea support vessel newbuilds. Maersk Supply Service informed on Wednesday it has agreed to postpone delivery of five anchor handling vessels under construction at Kleve
Reaching the Next Level with the Online International Business Guide
More insights into the worldwide supply chain and a wider selection of companies and organizations: the 2017 version of the online Offshore WIND International Business Guide promises to take the reference guide to the next level.
Carnegie to lead global business to UN’s clean energy goal
Carnegie Clean Energy (CCE) has been selected to lead global business in achieving the United Nation’s Sustainable Development Goal of affordable and clean energy.
Astomos, Statoil to Further Study LPG Bunkering
Japanese Astomos Energy Corporation and Norway-based oil and gas company Statoil have reached a Memorandum of Understanding (MOU) for further study in applying liquefied petroleum gas (LPG) as shipping bunker fuels. Under the agreement, the parties aim to enhance further cooperation for Astomos and
MHI, Oshima Reach Deal on Shipbuilding Alliance
Japanese shipbuilder Mitsubishi Heavy Industries, Ltd. (MHI) has reached a basic agreement with its compatriot Oshima Shipbuilding as part of efforts to form an alliance in the commercial ship business. The deal aims at establishing a technical alliance to focus on development of new ship designs an
Sinochem Fleet to Feature DNV GL’s ShipManager
China’s chemical tanker owner Sinochem International Logistics is implementing DNV GL’s data smart fleet management system ShipManager on its entire fleet of 80 vessels, in an effort to optimize operations and improve performance and efficiency. The move is part of an agreement signed between the pa
Kerala Court Orders Data Seizure from Panama Ship after Fatal Collision
The Kerala High Court has ordered the seizure of all data, including digital records, from the Panama-flagged ship MV Amber L that collided with a fishing boat on Sunday, June 11, off Cochin, killing two local fishermen, local media reported. A third fisherman is reported missing since the incident,
Allianz: Shipping Losses See Downward Trend but Risk Challenges Remain
Large shipping losses have declined by 50% over the past decade, largely driven by the development of a more robust safety environment by shipowners, according to Allianz Global Corporate & Specialty SE’s (AGCS) fifth annual Safety & Shipping Review 2017. 85 large vessels were lost worldwide in 2016
BP on energy markets: Long-term shifts underway
BP has released its 66th annual review of world energy markets. Energy demand was low, renewables grew, coal lost a large share, and gas production grew very slowly, and oil consumption grew strongly. The oil and gas company said the review of 2016 demonstrates the long-term transitions now underw
Global energy demand stumbles for third year -BP
By Ron Bousso LONDON (Reuters) – Global energy demand continued its sluggish growth last year as China’s growth fell to its lowest in nearly 20 years while renewables flourished, BP <BP.L> said in a report on Tuesday. Slower demand growth helped stall the acceleration of greenhouse gases emissions f
DHI’s Port Expansion Solution Introduced in Bali
DHI, an independent research and consultancy organization operating worldwide, presented their Port Expansion Solution (PEX) at the 30th IAPH World Ports Conference in Bali last month. The presentation was delivered by Dr. Mamta Jain and attracted solid attention for the duration of the conference,
Oil edges down as OPEC sees market rebalancing at slower pace
Oil prices edged down on Tuesday after OPEC reported an increase in its production for May despite a supply cut agreement