South & Central Asia
UMW wins drilling contract with Vestigo
Malaysian drilling contractor UMW Offshore Drilling has been awarded a contract for the provision of a jack-up drilling rig from compatriot Vestigo Petroleum. UMW Offshore Drilling, a subsidiary of UMW Malaysian Ventures which is in turn a subsidiary of UMW Oil & Gas Corporation (UMW-OG), will suppl
Report: HHI in Talks for USD 1 Bn Worth of Deals
South Korea’s shipbuilder Hyundai Heavy Industries is in talks to build up to a dozen very large crude carriers (VLCCs), the value of which could reach USD 1 billion, Yonhap News Agency cited industry sources. Namely, the company is reportedly negotiating the orders with two undisclosed shipping fir
Volvox Terranova Repairs Completed
An European engineering company, Bakker Sliedrecht, has completed the electrical restoration of trailing suction hopper dredger Volvox Terranova. The dredger Volvox Terranova was heavily damaged by an old sea mine while working on a project in Indonesia. Bakker Sliedrecht reported that during the re
Clarksons: Shipyards’ Forward Cover Drops to 2.3 Years
Shipyards have been struggling with reduced vessel ordering for years as global output dropped and capacity diminished shortening their forward cover to the current 2.3 years, according to Clarksons Research. Forward cover, one basic indicator of the volume of work that shipyards have on order, is c
Ezra Looks at $194 Mln Claim for Lewek Champion
Emas Offshore has been given a notice of termination for the bareboat charter of the pipe lay construction vessel “Lewek Champion” by Hai Jiang 1401, the vessel-owning unit of ICBC Financial Leasing. The vessel has been detained by Huisman Equipment B.V. in Xiamen, China since February 18, 2017. Ema
Albany wave farm project moves step closer to reality
Albany wave energy project has moved closer to fruition after the WA Labor, the party who made the Au$19.5 million pledge for the project, won the election.
Bangladesh-Flagged Ship Detained in Singapore
General cargo vessel Banga Barta has been arrested in Singapore waters, according to data provided by Supreme Court of Singapore. The 7,900 dwt ship, owned by Bangladesh-based HRC Shipping, was detained for undisclosed reasons in the evening hours of March 9. Focal Investigation & Security Agency ha
Strategic Marine Clinches Order for Two Ferries
Strategic Marine, a subsidiary of TRIYARDS Holdings Limited, has received contracts worth USD 20.6 million to construct two passenger ferries for two ferry operators. Under the contracts, the company will build an 85-meter vehicle passenger ferry for Scottish ferry operator Pentland Ferries, while t
Readers’ Picks of the Week (March 6-10, 2017)
Readers’ Picks of the Week (March 6-10, 2017)
Popular news, March 6 – 12, 2017
The most popular articles of the week.
Top news of the week March 6-11
Chevron says expects first LNG from Gorgon Train 3 in March US-based energy giant Chevron expects to produce first liquefied natural gas (LNG) from the third liquefaction train of its giant Gorgon facility in Western Australia by the end of this month. CSDC, Golar LNG agree sale and leaseback of Gol
Top news, March 6 – 12, 2017
Tidal Energy Today has compiled the top news from tidal and wave energy industry from March 6 – 12, 2017.