South & Central Asia
IOX and ASN to Build New Subsea Cable System
IOX Cable, a Mauritius-based company, and Alcatel Submarine Networks (ASN), part of Nokia, have signed a turnkey agreement for the deployment of the IOX Cable System, the first open subsea cable connecting Mauritius and Rodrigues Islands to South Africa and India. The new submarine cable system, spa
Japanese companies eyeing Baltic LNG participation
Two Japanese companies, Mitsui and Itochu Corporation have shown interest in the Baltic LNG project Gazprom intends to develop near the seaport of Ust-Luga.
IWAI Introduces Two Hydrographic Survey Vessels
Inland Waterways Authority of India (IWAI) today introduced two hydrographic survey and inspection vessels, set to be deployed in Ganga along the Haldia-Allahabad stretch of National Waterway-1. These specialized survey vessels, SL Ganga and SL Jhanvi, will help identify the nature of dredging requi
JIP partners ready LNG-fueled Newcastlemax design
The joint industry project looking into the commercial potential and technical feasibility of LNG-fuelled bulkers in iron ore and coal trade between Australia and China presented the Newcastlemax design.
Keppel, Borr firm up delivery dates for five jack-ups
Following the sale of Transocean’s entire fleet of jack-up rigs to Borr Drilling, including those under construction at Keppel’s yard, the rig builder and the new owner have set the dates for the delivery of these rigs. To remind, the sale, announced in March, included Transocean’s 10 high-specifica
New Bulker Handed Over to KC Maritime
China’s COSCO (Zhoushan) Shipyard has delivered a newbuilt bulk carrier to its Hong Kong-based owner KC Maritime. The vessel, named Darya Jaya, was handed over following the recent signing of the delivery documents between the parties, according to COSCO Shipping International (Singapore). Featuring
HHI’s January-May Orderbook Hits USD 3.8 Bn
South Korean shipbuilder Hyundai Heavy Industries (HHI) has seen its newbuilding orders surge during the January-May period as it scored new 62 ship orders worth USD 3.8 billion. The orders jumped by 500% when compared to 12 contracts worth USD 1 billion secured over the five-month period in 2016. I
MOL Inks Coal Transport Deal with TPCIL
Japanese shipping company Mitsui O.S.K. Lines (MOL) has signed a coal transport contract with Thermal Powertech Corporation India Limited (TPCIL) under which it will provide a “stable supply of coal” in India. TPCIL owns and operates a 1,320-megawatt thermal power plant in SPSR Nellore district in I
Highlights of the Month: May 2017
Four Scottish Offshore Wind Projects Back in Business The Inner House of the Court of Session, Scotland’s supreme civil court, has overturned the ruling which halted further development of four wind projects with a total capacity of 2,284MW in the Firth of Forth and Firth of Tay. France Pre-Selects
Highlights of the Month: May 2017
Four Scottish Offshore Wind Projects Back in Business The Inner House of the Court of Session, Scotland’s supreme civil court, has overturned the ruling which halted further development of four wind projects with a total capacity of 2,284MW in the Firth of Forth and Firth of Tay. France Pre-Selects
Tsuneishi Shipbuilding to Switch Focus to Tankers, Boxships
Japanese shipbuilder Tsuneishi Shipbuilding revealed plans to lower the construction ratio of bulk carriers by 2023 and shift to other ship types such as tankers and containerships. In response to falling ship prices and ocean freight affected by excess shipping tonnage worldwide, the shipbuilder sa
UK Subsea Firms Explore Businesses Opportunities in India
UK subsea companies showcased their technology and expertise to senior officials from India’s largest oil and gas exploration and production company, Oil and Natural Gas Corporation (ONGC), last week on a trade mission to South Asia. Organised by industry body Subsea UK, in partnership with the Depa