South & Central Asia
World’s Largest Boxship Readies to Join THE Alliance
The world’s largest containership MOL Triumph, freshly delivered to Japanese shipping company Mitsui O.S.K. Lines (MOL) earlier this week, is gearing up for its debut in THE Alliance’s Asia-Europe trade in April. The giant boxship was delivered from South Korea’s Samsung Heavy Industries (SHI) on Ma
Video: Shell’s LNG bunkering vessel almost ready for ops
Shell’s first liquefied natural gas bunkering vessel is expected to soon start delivering the chilled fuel to LNG-powered ships in northwest Europe.
Ezion to take over rigs from distressed partner
Interim judicial managers of Singapore’s Swissco, a provider of offshore rigs and vessels, have decided to sell the company’s stake in three jointly-owned rigs to Ezion Holdings. Offshore Energy Today reported earlier this month that Swissco was in confidential discussions with Ezion Investments, a
Report: Offshore Wind on Fast Track to Cost Competitiveness
Offshore wind could potentially be fully integrated into the market on a competitive basis in some European countries within the next decade, according to a new report published by the International Energy Agency’s Renewable Energy Technology Deployment programme (IEA-RETD).
Shipping Corporation of India Modernizes Fleet
The Shipping Corporation of India (SCI) has rejuvenated its outdated fleet slashing its age by almost a half. “Shipping Corporation of India (SCI) has replaced most of its aged fleet and it has a modern and fuel efficient fleet with an average age of 9.5 years as on March 2017 compared to average In
New Alliances to Feature Many Direct Route Changes
Ahead of the launch of the reshuffled alliances in April 2017, the shipment services provider CargoSmart said that the new combinations will include many direct route changes, both dropped routes and newly added routes, across the major trade lanes. After the alliance service adjustments, over 150 p
Video: Norwegian Joy Heads for China
Norwegian Joy, Norwegian Cruise Line’s first custom-designed ship for the Chinese cruise market, began its journey to its home port of Shanghai, China this week, as its departed the Meyer Werft shipyard in Papenburg, Germany. The ship embarked on its approximately 14-hour long conveyance along the E
Rolls-Royce, TCOMS to Develop Smart Ships
UK-based engineering company Rolls-Royce and the Technology Centre for Offshore and Marine Singapore (TCOMS) have signed a memorandum of understanding (MoU) to form a strategic partnership which will focus on developing smart ship technologies. The duo plans to work on a research to develop technolo
Aban Offshore Scores ONGC Drillship Deal
Offshore drilling services provider Aban Offshore has been awarded a contract by the India’s Oil & Natural Gas Corporation (ONGC) for deployment of the drillship Aban Ice for a firm period of 3 years. The total value of the letter of award is approximately $72.4 million (equivalent to INR 471 Crores
GIIGNL: LNG newbuild orders hit 6-year low
The global fleet of liquefied natural gas (LNG) tankers welcomed 31 new additions in 2016 – in a year where only 10 new orders were placed, GIIGNL, the International Group of LNG Importers said Monday in its latest annual report. The new orders – the lowest number since 2010 – included one floating
World’s 1st Icebreaking LNG Carrier Joins Sovcomflot
The world’s first icebreaking liquefied natural gas (LNG) carrier Christophe de Margerie has been delivered to its Russian owner, shipping company Sovcomflot, according to South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME). Under the USD 320 million shipbuilding agreement signe
DSME: world’s first Arctic LNG carrier completes ice trials
South Korean shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) said the world’s first ice class LNG carrier, Christophe de Margerie, completed the ice trials in the Arctic Ocean.