South & Central Asia
Windshield on MOL Boxship Cuts CO2 Emissions
Japan’s shipping giant Mitsui O.S.K. Lines has completed an in-service demonstration test of a wind resistance-reducing windshield for containerships, concluding that it reduces emissions of carbon dioxide (CO2) by some 2%. Co-developed by MOL, the windshield was installed on the bow of its operated
Gujarat Gas, Petronet sign LNG cooperation agrement
India’s city gas distribution company, Gujarat Gas signed an agreement to cooperate with India’s largest LNG importer Petronet to cooperate on LNG business.
First Cyber SAFE Certified Ships Delivered
The first ships to be classed with Lloyd’s Register’s cyber notations have been delivered to Global United Gas Carriers in Korea. Built by Hanjin Heavy Industries, in collaboration with Alpha Ori Technology, the ships have been awarded the notation Cyber (AL-SAFE) certifying the autonomous systems o
Mermaid Maritime wins $26 million in subsea contracts
Mermaid Maritime has recently been awarded subsea contracts in South East Asia and Middle East with a combined total value of $26 million. The subsea and offshore drilling services provider said on Tuesday that the contracts involve three DP2 dive support vessels (DSVs). The highlighted package of w
Update: Flex LNG inks contracts for six LNG carriers
Flex LNG, the shipping company controlled by billionaire John Fredriksen, is set to add six new liquefied natural gas carriers to its fleet by 2019.
Interview: Device mimicking coral reef raises waves off Spain
Bilbao-based wave energy company Arrecife Energy Systems is making progress on the development of its wave energy system whose design was inspired by the coral reefs and their efficiency in absorbing the energy of the waves.
HMM Buys Hanjin’s Stake in Kaohsiung Terminal
South Korean shipping company Hyundai Merchant Marine has acquired a 100% stake in Hanjin Pacific Corporation’s terminal in Kaohsiung, a company representative told World Maritime News. Featuring three container berths, the Taiwanese terminal was operated by HPC, a company 60-percent owned by former
Mermaid Nets $26M in Subsea Contracts
Mermaid’s South East Asian and Middle Eastern business units have continued working efficiently on subsea contracts recently awarded during the first quarter of 2017 with a combined total estimated potential contract value of USD 26 million. The highlighted package of work involves the DP2 dive supp
POSCO registers cryogenic manganese steel as standard tech
POSCO’s cryogenic manganese steel that can be used in the construction of LNG tanks has been registered as standard technology with American Society for Testing and Materials (ASTM).
Drillship Deepsea Metro I bags two-well gig
Following a letter of intent in March, Odfjell Drilling has signed a two-well contract for the ultra deepwater drillship Deepsea Metro I with an undisclosed party. The letter of intent was dated March 23, 2017. It was secured by Odfjell Drilling, the manager of the rig, on behalf of Golden Close Mar
UK subsea players target India’s oil & gas market
UK subsea companies showcased their technology and expertise to senior officials from India’s Oil and Natural Gas Corporation (ONGC) during last week’s trade mission to South Asia. The trade mission was organized by industry body Subsea UK in partnership with the Department of International Trade (D
Clarksons: Rising Mega Boxship Fleet Drives Cascade
Amid a rapid growth in the mega boxship fleet, and nearly a year on from the opening of the new expanded locks of the Panama Canal in June 2016, the fleet of giants surged by 29% y-o-y in TEU terms, Clarkson Research informs. The 15,000+ TEU mega boxship fleet has expanded rapidly in recent years an