South & Central Asia
SgurrEnergy rebrands to Wood Group
UK-based renewable energy consultancy SgurrEnergy will formally rebrand as Wood Group from early May 2017.
DSME Rebounds with Strong Profits
South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has managed to return to the black in the first quarter of 2017, following stringent self-rescue efforts which included workforce reduction and asset sales. The company’s operating profit for the period bounced back to KRW 29
Sunflower Furano Handed Over to MOL Ferry
Japanese ferry operator MOL Ferry, part of Mitsui O.S.K. Lines (MOL), has taken delivery of newbuilding Sunflower Furano from compatriot shipbuilder Japan Marine United (JMU). Following final checks, the new ferry is expected to start its first voyage on May 13, sailing from the Port of Oarai to the
Keppel to support construction of Vietnam’s first tension leg wellhead platform
Keppel Offshore & Marine’s subsidiary, Keppel FloaTEC LLC, has secured a contract to provide engineering, technology and construction management support services for Repsol’s Ca Rong Do tension leg wellhead platform (TLWP) to be built in Vietnam. The Ca Rong Do field is operated by Repsol’s subsidia
HHI Reaping Gains from New Shipbuilding Orders
South Korean shipbuilder Hyundai Heavy Industries (HHI) has reported an operating profit KRW 618.7 billion during the first three months of 2017, representing a jump by 90.3 percent from KRW 325.2 billion seen last year, as the company posted profits for five straight quarters. The shipbuilder’s net
WindEYE LiDARs for Chinese Offshore Wind Farm
Danish technology group Windar Photonics plc has received a new order for 15 of its WindEYE LiDAR units from a newly appointed regional distributor focused on potential specific IPP customers in China.
MES Hands Over Bulk Carrier Ocean Makmur
Japanese shipbuilder and ship designer Mitsui Engineering & Shipbuilding (MES) delivered the 60,000 dwt bulk carrier MV Ocean Makmur on April 27. The shipbuilder said that the vessel, which was constructed at its Tamano shipyard, features a length of around 200 meters and a withd of 32 meters. With
Total ordered to fix Martin Linge faults ahead of departure from shipyard
Following an audit, the Norwegian offshore safety watchdog, the Petroleum Safety Authority (PSA), has issued a notice of order to Total to fix faults and deficiencies on the Martin Linge project ahead of platform’s departure from a shipyard. Total E&P Norge is the operator of the Martin Linge field,
Talisman Vietnam selects Yinson FPSO for Ca Rong Do field
Malaysia’s Yinson has secured an FPSO contract with Talisman Vietnam. The FPSO will be deployed at Talisman Vietnam’s Ca Rong Do field. The contract is for 10 years with five extension options. According to Yinson, the total value of the bareboat charter is approximately $1.0 billion, options includ
Kuantan Port New Deep Water Terminal Construction VIDEO
Kuantan Port Consortium (KPC) has released a video about the development of the port’s New Deep Water Terminal. The Kuantan Port New Deep Water Terminal, a private public partnership project between the Government of Malaysia and Kuantan Port Consortium, was approved in June 2015. The new terminal w
CMA CGM, Adani Team Up on Mundra Ports’ New Terminal
CMA Terminals (CMAT), a part of French shipping giant CMA CGM, and India’s port developer Adani Ports and Special Economic Zone Limited (APSEZ) have signed an agreement to jointly operate container terminal 4 at Mundra Port for 15 years. In July 2014, APSEZ and CMAT signed a Joint Venture agreement
Baltic Exchange Eyes LNG, Container Indices
London-based Baltic Exchange has unveiled plans to enhance maritime leadership role through the move into LNG and container indices and the development of post-trade digital maritime market infrastructure. The Baltic Exchange said that the work is already underway to develop the scope of the Baltic’