South & Central Asia
Sky-Futures wins global drone inspection gig with Eni
Sky-Futures, a provider of drone inspection services for the oil and gas industry, has been awarded a global contract for facility inspection with Italian oil major Eni. Eni is one of the largest operators worldwide in the energy sector and operates in 66 countries. According to Sky-Futures’ stateme
One Dead, Three Hospitalized after Gas Leak aboard Ship
One Vietnamese seaman died and three others were hospitalized after inhaling toxic fumes aboard the general cargo ship Vimaru Pearl, according to local media. The injured seafarers were reportedly taken to the Queen Elizabeth Hospital on February 13 after their vessel arrived at Kota Kimbalu Port, S
TMC compressors ordered for Golar’s FLNG Hilli
International compressor supplier Tamrotor Marine Compressors (TMC) has been awarded a contract by Golar LNG to supply the compressed air system to the Hilli FLNG vessel which will operate offshore Cameroon.
Report: Korea Shipping to Buy Up to 10 HMM Vessels
The state-backed ship financing company Korea Shipping is looking to buy up to ten container vessels operated by Hyundai Merchant Marine (HMM), and lease them back to the shipping firm. The financing company, which was established in January 2017 to help local shippers and shipbuilders amid a length
Petronet buys stake in Prachi LNG carrier
Petronet LNG, India’s largest importer of liquefied natural gas, has acquired a 26 percent stake in a consortium owning the 173,000-cbm LNG carrier Prachi, India LNG Transport.
Oil rises as OPEC-led output cuts trim oversupply
By Christopher Johnson LONDON (Reuters) – Oil strengthened slightly on Tuesday, supported by an OPEC-led effort to cut output while rising production elsewhere kept prices within the narrow ranges that have contained them so far this year. Brent crude <LCOc1> was 55 cents higher at $56.14 a barrel b
CMA CGM, Alibaba Ink MOU on Digital Cooperation
French container shipping major CMA CGM and Chinese e-commerce company Alibaba have signed a memorandum of understanding (MOU) in Hangzhou, China, to seek cooperation in the digital area. The duo intends to provide digitized services via the One Touch platform. The two firms said they propose “an al
Westports Sets New Box Volume Record
Malaysian port operator Westports Holdings Berhad (Westports) revealed that its container operations achieved another record-breaking year by handling 9.95 million TEUs in 2016, an increase of 10% over the previous year’s 9.05 million TEUs. The company said that the continued strong growth of transs
Concordia Maritime Inks Sale, Leaseback for Stena Important
Swedish tanker shipping company Concordia Maritime has decided to sell its 50,000 dwt IMOIIMAX tanker Stena Important to a Japanese financial institution through a sale and leaseback agreement. Under the transaction the parties agreed to a sale price of USD 36 million. The 2015-built vessel will be
Minister: Shell, Pavilion to start Singapore LNG supplies later this year
Shell and Pavilion are expected to start supplying Singapore with liquefied natural gas (LNG) later this year, according to the country’s trade and industry minister, S. Iswaran. Shell Eastern Petroleum, a unit of the Hague-based LNG giant Shell, and Pavilion Gas, a subsidiary of privately held Sing
IADC Webinar on Safety in Dredging Set for This Month
The International Association of Dredging Companies (IADC) has announced that their webinar on safety in dredging, named ‘Collaboration, Sharing and Striving for Zero Incidents’, will take place on Tuesday, February 28, at 14.00 hrs (CET, Central European Time). Dredging operations can be risky as i
Politicians eye wave energy to power WA’s Great Southern
The Labor party of Western Australia (WA) plans to include wave energy farm to the mix of renewable energy projects aimed at making Albany completely powered by renewable energy sources.