South & Central Asia
Vantage Drilling lands jack-up extension
Offshore driller Vantage Drilling has been awarded a contract extension for a jack-up drilling rig. The drilling contractor revealed on social media on Tuesday that the 2009-built jack-up Aquamarine Driller has been awarded a nine-month extension with CPOC in a joint development area between Malaysi
Asian Ports Foster Ties amid Changing Winds
Maritime and Port Authority of Singapore (MPA) and Harbours Bureau of the Ministry of Land, Infrastructure, Transport, and Tourism of Japan (MLIT) have partnered up to meet the demands of the changing maritime industry including LNG bunkering. The duo signed a memorandum of cooperation (MOC) at the
Total Teams Up with Pavilion Energy on LNG Bunkering
Total Marine Fuels Global Solutions and Pavilion Gas signed a Memorandum of Understanding (MOU) on LNG bunkering cooperation in Singapore, on the sidelines of GASTECH 2017 in Tokyo, Japan. Under the MOU, Pavilion Gas, a wholly-owned subsidiary of Pavilion Energy, will supply LNG as a bunker fuel to
LSJOC to terminate Yinson FPSO contract
LSJOC, a company jointly owned by PetroVietnam and Petronas is set to terminate an FPSO contract with PTSC AP, a company owned by Malaysia’s Yinson, and Vietnam’s PTSC. According to Yinson, LSJOC is terminating the contract as the company will be liquidated on June 30, 2017. The vessel in question i
ABS grants concept approval for HHI’s LNG fuel tank
American Bureau of Shipping (ABS) granted a certificate of general design approval for an IMO Type B LNG fuel tank design developed by Hyundai Heavy Industries of South Korea.
Metocean Analytics rounds up Australia area
Open Ocean’s metocean analysis software Metocean Analytics has added new regional datasets for a large area surrounding Australia.
Uljanik and ETCA Caspian Jointly Target Gas Shipping Market
Croatian shipping company Uljanik Plovidba and Cyprus-based ETCA Caspian Limited have formed a joint venture company for maritime transport and storage of liquefied natural gas (LNG) and liquefied petroleum gas (LPG). The two companies filed, signed and submitted the Memorandum and Articles of Assoc
Japan exchange launches new LNG contracts
Japan OTC Exchange, a unit of Tokyo Commodity Exchange, has launched the new liquefied natural gas (LNG) contracts on its new OTC trading platform. “The newly launched contracts include physical and cash settled swap contracts to be settled against the DES Japan/Korea Marker (JKM), assessed and publ
Total, Pavilion Energy join forces on LNG bunkering in Singapore
France’s Total signed a memorandum of understanding with Pavilion Energy for cooperation on LNG bunkering in Singapore.
Petronas FLNG Satu Loads First Cargo
The Petronas Floating Liquefied Natural Gas (PFLNG) Satu, the Malaysian oil and gas company’s first FLNG facility, loaded its first cargo at the Kanowit gas field, offshore Miri, Sarawak on April 1. The first cargo was fully loaded onto the LNG carrier Seri Camellia which is expected to set sail for
Adani Ports Sets Sights on Malaysia
India’s private port operator Adani Ports has signed a Memorandum of Understanding with Malaysia’s MMC Port Holdings to carry out a feasibility study on building a multi-purpose port mainly for handling containers on Carey Island, about 50 kilometers southwest of Kuala Lumpur. The container port on
Trafigura proposes standard LNG sale and purchase contract
Trafigura Group, one of the world’s largest commodity trading companies, called for the adoption of a standard master sale and purchase agreement (MSPA) for the LNG industry.