South & Central Asia
Hansa Heavy Lift Makes Jangkrik Deliveries
Hansa Heavy Lift has transported two dozen reels as well as a range of subsea equipment for the Jangkrik Complex Project, off the coast of Indonesia. HHL Richards Bay picked up the cargo at three different ports: Rosyth, UK; Le Trait, France and Tanjung Langsat, Malaysia. Hansa Heavy Lift discharged
Polaris Shipping Orders Fleet Inspection after Stellar Daisy Sinking
Following the sinking of Stellar Daisy on March 31, South Korea’s Polaris Shipping has launched a special program for immediate inspection of all vessels currently operated by this company. The inspection will be conducted in addition to the regular maintenance and inspection according to class and
Ocean Energy Systems releases 2016 annual report
The Ocean Energy Systems (OES) has published its annual report with an assessment of the current state of the ocean energy industry.
Wison Unveils Its LNG Distributor Design
Shanghai-based Wison Offshore & Marine (Wison) has developed a multi-functional carrier named Wison-LNG-Distributor (LNGD) with scalable capacity between 5000 to 20,000 cubic meters. The vessel, which integrates the functions of LNG loading, bunkering and container delivery, “could make regional LNG
Governor Walker pitches Alaska LNG project to China’s president Jinping
Alaska’s governor Bill Walker marketed the state’s resource development opportunities to the Chinese president Xi Jinping, during the latter’s visit to Anchorage.
MOL’s New Ferry Completes Sea Trials
Japanese shipyard Japan Marine United (JMU) has put Sunflower Furano, a new ferry being built for compatriot ferry operator MOL Ferry, part of Mitsui O.S.K. Lines (MOL), through its paces during sea trials. The newbuilding will replace a ferry having the same name which is currently in service. Sunf
Infographic: Actual Maritime Incidents in Asia Drop by 12 Pct
There was an overall drop in actual piracy and armed robbery incidents against ships in Asia during January-March 2017, while the number of attempts increased, according to the latest report from Asian piracy watchdog ReCAAP ISC. From January to March, a total of 20 incidents occurred – 18 armed rob
Dredging Corporation of India Unions Call for Strike
Dredging Corporation of India (DCI) employees plan to go on strike today, demanding declaration by the central government that the public sector unit with its corporate office in Visakhapatnam would not be privatized, local media reports. “Unions representing the non-executives and crew and petty of
China Merchants, Sinotrans & CSC Wrap Up Merger
The long-awaited merger agreement between China Merchants Group and Sinotrans & CSC Holdings was finalized on April 10, according to a statement released by Sinotrans Shipping Limited. With the strategic reorganisation, China’s Sinotrans & CSC became a wholly-owned subsidiary of Hong Kong-based Chin
Japan’s spot LNG price drops to five-month low
The average price of spot LNG for delivery into Japan that was contracted in March 2017 was at US$6.2 per mmBtu, dropping to the lowest level in five months.
Jinhui Remains in Loss amid Volatile Markets
Hong Kong-based shipping company Jinhui Shipping and Transportation Limited narrowed its full-year net loss to USD 189.09 million in 2016 from USD 378.74 million seen in 2015. The loss was mainly attributed to the impairment loss on owned vessels and impairment loss on assets held for sale. Furtherm
Strong Q1 Performance for UniSite Group
UniSite Group, a Ningbo based company involved in dredging, land reclamation, offshore projects, marine, mechanical engineering and green remediation projects, has reported very busy start of 2017 business year, taking an active part in a lot of projects all over the world. During this period, the C