South & Central Asia
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (May 22-28, 2017). PHOTO: Tuas Terminal Phase 1 Reclamation Works in Full Swing DEME Group today released a photo of the Tuas Terminal Phase 1 (TTP1) reclamation works in Singapore. Jan De Nul Orders Another Gia
Popular news, May 22 – 28, 2017
The most popular articles of the week.
Korean Lines Covering Less Trades
The number of trade lanes served by the Korean deep sea lines has decreased as well as their deployed capacity following Hanjin’s demise and Hyundai’s reduction in regions served, MDS Transmodal consultancy said in its latest review of non-alliance liners. As explained, the non alliance shipping lin
Polaris Shipping’s Premises Raided amid Stellar Daisy Probe
Busan Coast Guard raided the South Korean shipping company Polaris Shipping on Thursday, May 25 in relation to the sinking of the ill-fated Stellar Daisy, Yonhap reports quoting a statement from the coast guard officials. As disclosed, the raid of the company’s offices located in Seoul and Busan was
Report: Flex LNG Adds Six More LNG Carriers
Oslo-listed owner and operator of liquefied natural gas (LNG) carriers Flex LNG has signed agreements to buy six LNG ships, Reuters reports citing the company’s chief executive Jonathan Cook. The 170,000-cubic metre ships will be built by South Korean Samsung Heavy Industries (SHI) and Daewoo Shipbu
OEEC 2017 opens for registration
The registration for Offshore Energy Exhibition & Conference 2017 (OEEC 2017) is now open. The celebratory tenth edition of this event is expected to attract over 12,000 offshore professionals and more than 650 exhibiting companies.
Mercator Bags New Mangalore Dredging Contract
Mercator Ltd, one of India’s diversified conglomerates with interests in coal, oil and gas, shipping and dredging, has won a contract for the New Mangalore Port maintenance dredging work for a period of three years. The company said that they won this competitive contract against domestic as well as
ICTSI Pulls Plug on Lekki Port Project in Nigeria
Manila-based container terminal operator International Container Terminal Services, Inc. (ICTSI) has terminated an agreement to develop and operate a container terminal within Lekki Port, Nigeria. ICTSI’s subsidiary, Lekki International Container Terminal Services LFTZ Enterprise (LICTSE), and Lekki
Icon Offshore to provide anchor handler for Shell
Malaysian offshore support vessel provider, Icon Offshore, has been awarded a contract to provide an anchor handler for Shell. In a Bursa Malaysia filing on Friday, the Malaysian company said it would provide a 60 MT bollard pull anchor handling tug/supply (AHTS) vessel to Sarawak Shell Berhad/Sabah
Indian, Japanese JV to build LNG terminal in Sri Lanka
India and Japan have reportedly joined forces to set up a US$250 million LNG import terminal in Sri Lanka as a response to growing Chinese influence in the country.
IEA: Shipping Lagging Behind in CO2 Reduction
The shipping industry will have to commit to more ambitious policies, and fast, if it wants to get on track with the adoption of clean technologies and meet the energy efficiency design index (EEDI) requirements, the International energy Agency (IEA) said. Namely, in its latest report titled “Tracki
Rickmers Trust Wraps Up Sale of First Five Ships to Navios
Cash-strapped Rickmers Trust Management, Singapore-based trustee-manager of Rickmers Maritime, has completed the sale of the first five of fourteen vessels to Navios for a total of USD 59 million, the company said. The sale is part of the trust’s winding up process as the company is faced with sever