South & Central Asia
Western Isles FPSO en route to North Sea
A floating production storage and offloading (FPSO) unit for Dana Petroleum’s Western Isles development in the UK is on its way from China to the North Sea. Chinese shipbuilder Cosco reported on Friday that its subsidiary Cosco Nantong has delivered an FPSO vessel of 55,942 dwt to its European buyer
DEME orders LNG-fueled offshore installation vessel
Belgian dredging specialist DEME ordered a dual-fuel offshore installation vessel at the COSCO Shipyard in China.
EU Implements New Shipping Sanctions against DPRK
The European Union has implemented new sanctions against the Democratic People’s Republic of Korea (DPRK), affecting the shipping comunity by prohibiting chartering vessels or providing crew services to the country. The measures, which were adopted by the United Nations Security Council in late Nove
Peru dispatches LNG cargo to South Korea
Peru’s natural gas liquefaction and export facility at Pampa Melchorita shipped another cargo to South Korea.
Emas Offshore seeks more time for refinancing
Emas Offshore has sought for an extension from its bankers to wrap up documentation needed for refinancing of its financial obligations and the provision of additional working capital facilities. Emas Offshore Limited (EOL) announced on October 30, 2016, the group has reached in principle agreements
Causeway Bay Dredging Operations Extended
Marine works at Causeway Bay Typhoon Shelter, involving dredging operations and piling works, will be extended for another six months, the Hong Kong Marine Department (MARDEP) just announced. In its latest update on the dredging operations carried out in this area, MARDEP said that these works will
FMC Commissioner: Lessons from Hanjin Collapse
The collapse of South Korean shipping company Hanjin Shipping in late-August 2016 was “a wake-up call” for the entire ocean transportation supply chain and there is a number of lessons to be learned from it, William P. Doyle, Commissioner with the US Federal Maritime Commission, said this week at 20
Report: GAIL signs LNG swap deal with Gunvor
India’s gas utility GAIL has reportedly signed a time-swap deal with Swiss trading giant Gunvor that includes its U.S. LNG volumes.
Spotted: Höegh Tracer Visits APM Terminals Pipavav
Höegh Tracer, a pure car truck carrier (PCTC) operated by Norwegian shipping company Höegh Autoliners, arrived at APM Terminals Pipavav on February 28, becoming the largest ship of its kind to ever call an Indian port. Built by Chinese shipbuilder Xiamen Shipbuilding Industry, the Post-Panamax vesse
Inpex, Astomos agree LPG sales deal from Ichthys LNG project
Ichthys LNG project operator Inpex reached an agreement in principle with Astomos Energy Corporation for the sale of liquid petroleum gas to be produced from the project.
Bardot Group maps Indonesia for OTEC projects
French engineering company Bardot Group has shown interest to develop ocean thermal energy conversion (OTEC) projects in Indonesia.
Berge Bulk Adds Two Capesize Newbuilds
Singapore-based dry bulk owner and operator Berge Bulk has added to its fleet two Capesize newbuildings, Berge Sarstein and Berge Cho Oyu. The 182,000 dwt Berge Sarstein was delivered to the company on March 1. The ship will make its maiden voyage to Newcastle, Australia, from where it will transpor