South & Central Asia
Oversupply Keeps January Vessel Orders at Record Low
Global ordering activity has fallen to 26-year low in January 2017, shipbuilding data from Maritime & Trade by IHS Markit show. Specifically, demand for bulk carriers and gas carriers has plummeted as there were no booked orders in January. The appetite of shipowners for tankers over 10,000 dwt has
Drewry: Carriers Reluctant to Narrow Supply-Demand Gap
Amid a huge gap between supply and demand in the container shipping industry, carriers seem to be reluctant to fully seize the opportunity to narrow the difference, according to shipping consultacy Drewry. Namely, the shipping companies are not expected to take the advantage and delay gratification
WA Labor party backs Albany wave farm proposal
WA Labor party has defended its Albany wave farm proposal amid claims by the WA’s Energy Minister Mike Nahan who reportedly said the project lacked credibility.
BW LPG Posts Major Drop in 2016 Profit
Due to the difficult situation in the liquefied petroleum gas (LPG) market, Singapore’s gas carrier owner BW LPG saw a drop in its full-year profit after tax (NPAT), which went down to USD 23.6 million in 2016 from NPAT of USD 326.138 million posted in 2015. Similarly, the firm’s net revenue decreas
Indian OSV crew finally paid after months of waiting
Twelve crew members of the Indian-owned and -flagged Malaviya 20 offshore support vessel, which has been detained in the UK for months, have finally been paid. The crew of the sister vessel Malaviya 7, however, has yet to be paid. According to a statement by the ITF, which has helped the Indian crew
India: H-Energy starts jetty construction for Jaigarh FSRU project
Hiranandani Energy (H-Energy) has started the construction of a jetty for its FSRU project at the Jaigarh Port in Maharashtra on the West Coast of India.
Peru dispatches two LNG cargoes to Spain
Peruvian LNG export plant at Pampa Melchorita dispatched two cargoes to Spain and diverted one cargo to South Korea.
Hong Kong-Zhuhai-Macao Bridge Works Proceed According to Schedule
Reclamation work for the Hong Kong-Zhuhai-Macao Bridge (Hong Kong section) is proceeding according to plan and original design, reports the government. The Highways Department made the statement today, refuting media claims another seawall collapse has occurred. The statement said that what the aeri
Top news, February 20 – 26, 2017
Tidal Energy Today has compiled the top news from tidal and wave energy industry from February 20 – 26, 2017.
Readers’ Picks of the Week (February 20-24, 2017)
Readers’ Picks of the Week (February 20-24, 2017)
Popular news, Feb 20 – 26, 2017
The most popular articles of the week.
Top News of the Week, 20 – 26 February 2017
Shell Eyes More Action in European Offshore Wind The Netherlands-based oil and gas giant, Shell, is looking to get on board further projects across Europe as it aims to dive deeper into the offshore wind market. Hywind Foundations On a Roll (Photos) The Navantia-Windar team has started the roll-out