South & Central Asia
AET Tankers Christens LR2 Duo
Petroleum and chemical tanker owner AET Tankers has held a double naming ceremony of two long-range (LR2) petroleum tankers built by South Korean Hyundai Heavy Industries (HHI). Christened at HHI’s yard in Gunsan, Korea, Eagle Lyon and Eagle Le Havre will both qualify for the Green Passport notation
Resolve Marine Uses Allspeeds Webtool Cutters for Rig Decom Job
Allspeeds, manufacturer of Webtool hydraulic cutting systems, has supplied 12 softline cutters to Resolve Marine for a decommissioning project offshore Mumbai. For the decommissioning project, the Webtool softline cutters will be used to cut 76mm (3 inch) diameter Dyneema softline rope. The 127mm cu
Land Reclaimed for Velana New Seaplane Terminal
Reclamation of land for Velana International Airport (VIA) new seaplane terminal has been completed, according to MACL (Maldives Airports Company Ltd). MACL reported that the reclamation of 3.2 hectares of land for the new terminal ended last week. The reclamation project, worth around $30 million,
Sapura Grabs USD 206 Mln in Contracts
Sapura Energy has secured several contracts with a combined value of approximately USD 206 million. The first contract, secured in Myanmar, is for a subcontract works awarded by PT. Gunanusa Utama Fabricators (PTG) for the PTTEP’s Zawtika field development. The company will provide engineering procu
Hyundai Samho Attracts USD 356 Mn of Investment
South Korean shipbuilder Hyundai Samho Heavy Industries (HSHI) has collected KRW 400 billion (USD 356 million) of investment through its pre-initial public offering. Coming from the local private equity company IMM Private Equity (IMM PE), the investment is more than the initially planned KRW 300 bi
Europe Ready to Share Offshore Wind Know-How with USA and Taiwan
Europe remains the undisputed leader in offshore wind, and is ready to offer its expertise and know-how to emerging high-potential markets like the USA and Taiwan, panelists at a conference session discussing global market developments at Offshore Wind Energy 2017 in London said.
Sapura Energy scores $206 million in new offshore contracts
Malaysian offshore contractor Sapura Energy Berhad, formerly known as Sapura Kencana, has secured four separate international contracts worth around $206 million. In Myanmar, the company has been hired as a subcontractor by PT. Gunanusa Utama Fabricators for work on PTTEP’s Zawtika offshore project.
Piedroba Experts Host World Bank’s Dredging Study Tour
Piedroba’s Dr. Luis Prieto-Portar and Jelle Prins recently assisted the World Bank in organizing a weeklong study tour for a delegation of Bangladeshi Inland Waterway and Transportation Experts. The tour took place on May 14-19 in Belgium and the Netherlands and was a productive week full of knowle
Myanmar Orders Eight Cranes for Its New Port
Japan’s Mitsui Engineering & Shipbuilding (MES) has secured a contract to supply eight container handling cranes from Myanmar Port Authority. The company will provide two ship to shore (STS) cranes and six rubber tired gantry (RTG) cranes for Myanmar’s new port in Thilawa, Yangon. The order was made
Royal IHC to Support Humpuss’ Dredging Activities in Indonesia
Royal IHC has signed a memorandum of understanding with Indonesian-based shipping company PT. Humpuss in which the two companies agreed to cooperate in dredging activities in Indonesia. “PT. Humpuss intends to expand its business in dredging services by making use of IHC’s in-depth knowledge and exp
Inpex sheds interest in Block PDL3 in Papua New Guinea
Japanese LNG project developer Inpex said it has sold a 40.1 percent participating interest in Block PDL3 in Papua New Guinea to Kumul Petroleum. The participating interest is held by Southern Highlands Petroleum in which Inpex holds a 10 percent share. Inpex acquired shares in the Production Block
Spotted: Rickmers Tokyo Loads Cargo for Lotte’s MEG Plant
In today’s spotted, we bring you an image of Rickmers Tokyo, a general cargo vessel which recently loaded reactors and pressure vessels in Pyeongtaek, South Korea, for the Lotte’s MEG plant in Lake Charles, Louisiana. Owned by Rickmers Linie whose business operations were acquired by Zeaborn, the 30