South & Central Asia
Update: Search Continues for Missing Stellar Daisy’s Crew
The search for the missing 22 crew members of Stellar Daisy is entering its second week despite reports of little hope for finding any survivors expressed earlier. A total of eight ships and two aircraft are now participating in the search operations coordinated by Uruguay’s Maritime Rescue Coordina
Drewry: Charter Market in Unexpected Revival
The charter market has found a new lease of life in the recent weeks driven in part by carriers’ poor network planning ahead of the new alliances, according to shipping consultancy Drewry. In recent weeks time charter rates for some of the biggest available ships doubled since the start of the year.
Pirates Attack and Board Bulker off Somalia
An unknown number of pirates attacked and boarded the 1999-built bulk carrier OS 35 while the vessel was sailing in the Gulf of Aden in the evening hours of April 8. The ship’s crew of 19 seafarers, including the Captain of the bulker, had locked themselves in the citadel on board and sent a distres
DSME to Build Five VLCCs for HMM
South Korean shipping company Hyundai Merchant Marine (HMM) has signed a letter of intent (LOI) with compatriot shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) for the construction of five 300,000 dwt very large crude carriers (VLCCs), with an option of five more vessels. “We currently o
Update: UASC Boxship Refloated after Grounding off Malaysia
The containership UMM Salal which ran aground off Malaysian Port Klang on April 6 was successfully refloated on April 7, United Arab Shipping Company (UASC), the vessel’s owner, told World Maritime News in a statement. The grounding occurred while the 13,500 TEU boxship was sailing from Port Klang t
Readers’ Picks of the Week (April 3-7, 2017)
Readers’ Picks of the Week (April 3-7, 2017)
Top news, April 3 – 9, 2017
Tidal Energy Today has compiled the top news from tidal and wave energy industry from April 3 – 9, 2017.
Top news of the week April 3-8
Engie Zeebrugge completes first LNG loading operation The world’s first purpose-built LNG bunkering vessel, Engie Zeebrugge, completed the first loading operation at Zeebrugge liquefied natural gas terminal’s second jetty. Malaysia’s Petronas in FLNG first Malaysian energy giant Petronas said its fl
Popular news, April 3 – 9, 2017
The most popular articles of the week.
SM Group Tied to Korea Ship Finance Takeover
Emerging South Korean maritime player Samra Midas (SM) Group has been linked to a purchase of a stake in Korea Ship Finance from the ailing shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME). The move is said to be part of DSME’s restructuring efforts aimed at boosting the company’s liquidi
Panama Canal Talks Gas Shipping Growth with Asian Majors
Panama Canal Authority is looking into development opportunities in the gas shipping market now that it has introduced transit for liquefied natural gas (LNG) carriers. Namely, a Panama Canal delegation has embarked on a data collection mission to Asia where it met with shipping companies and mariti
LR,HHI start approval in principle for barge-mounted LNG power plant
Lloyd’s Register and Hyundai Heavy Industries have signed a joint development project to start an approval in principle for a barge-mounted dual-fuel power plant.