South & Central Asia
Steady Performance in 2016 for Jan De Nul, Stable Order Book
Jan De Nul Group has just released its 2016 Annual Report, saying that the company achieved steady performance in a highly volatile market. “With a turnover exceeding the 2 billion Euro mark for the sixth year in a row, Jan De Nul Group confirms its position as a global player in its target markets,
CESI Beihai LNG carrier delivered
Mitsui O.S.K. Lines (MOL) said the LNG carrier CESI Beihai, ordered by a joint venture of MOL, China COSCO Shipping and Sinopec was delivered at Hudong-Zhonghua Shipbuilding in Shanghai.
Paris, Tokyo MoUs to Conduct CIC on Navigation Safety
The Paris Memorandum of Understanding (MoU) revealed plans to jointly undertake a concentrated inspection campaign (CIC) with the Tokyo MoU, ICS Class informed. The CIC will focus on navigation safety, including electronic chart display information systems (ECDIS). As disclosed, the Black Sea MoU wi
Adani Ports’ Volume Growth Led by Containers
India’s port developer Adani Ports and Special Economic Zone Limited (APSEZ) ended the fiscal year 2017 with an 11 percent increase in its cargo volumes, mainly driven by a surge in container numbers. The company’s consolidated cargo volumes reached 169 million tons in the year ended March 31, 2017,
MHI, MHPS Develop Large-Scale Rectangular Marine Scrubber
Mitsubishi Heavy Industries (MHI) and Mitsubishi Hitachi Power Systems (MHPS) have jointly developed a large-scale rectangular marine scrubber that removes sulfur oxides (SOx) from the exhaust gases emitted by marine diesel engines. Created in response to new, more stringent SOx emissions regulation
DNV GL to Help Develop Offshore Wind Technical Standards in China
The World Bank has selected a consortium of DNV GL, the China Renewable Energy Engineering Institute (CREEI) and the East China Investigation and Design Institute (ECIDI) to draft Offshore Wind Technical Standards in China.
HHI, Lloyd’s Register to develop LNG-fueled bulker
South Korean Shipbuilder Hyundai Heavy Industries (HHI) joined forces with Lloyd’s Register to design 180,000 dwt class LNG-fueled bulk carriers.
Octanex spuds first of three Ophir wells
Australian oil and gas company Octanex started drilling the Ophir A1 well on Friday using the UMW Naga 2 jack-up drilling rig. To recall, the rig started demobilizing from its previous drilling location and headed to the Ophir field for a three-well drilling campaign at the end of May. The Ophir A1
HHI, LR Team Up on 180k Dwt LNG Bulker Design
South Korean Hyundai Heavy Industries (HHI) and Lloyd’s Register (LR) are joining forces to design 180,000 dwt class bulk carriers. Under a joint development project (JDP) unveiled at Nor-Shipping 2017, the companies said that these designs will meet the latest market needs by using LNG as a fuel, w
Handy Bulker Newbuild Delivered to Berge Bulk
Singapore-based dry bulk carrier owner and operator Berge Bulk took delivery of Berge Phan Xi Pang, a Handy bulker, from Japanese Imabari Shipyard on May 30. The 38,000 dwt vessel features a length of 180 meters and a width of 29.8 meters. Its market value currently stands at USD 20.24 million, acco
Spotted: AAL Fremantle Transports Two Giant Cyclone Vessels
Singapore-based breakbulk, project cargo and heavy lift shipping operator AAL recently completed the transportation of two giant “cyclone vessels” to Petronas’ USD 27 billion RAPID project in Malaysia on behalf of freight forwarder Oceansmart Global. Each measuring around 22 meters in length, 11 met
Trafigura In for Up to 32 New Tankers
Singaporean commodity trading company Trafigura Group revealed its plans to hire up to 32 newbuild crude oil and product tankers which will be built in Korea and China. According to Trafigura, the order, with a potential value in excess of USD 1.35 billion, is being placed by “a close Asian financia