South & Central Asia
Ministry Celebrates Completion of Meemu Atoll Coastal Project
The Republic of Maldives’ Ministry of Environment and Energy last week held a ceremony to mark the completion of a coastal protection project in Meemu atoll Naalaafushi. According to the ministry’s announcement, the ceremony was inaugurated by His Excellency President Abdulla Yaameen Abdul Gayyoom.
Japan: power companies use less LNG in Oct on month
Liquefied natural gas (LNG) use by Japan’s power companies dropped 7.6 percent in October when compared to the previous month. The power companies consumed 4.12 million mt of LNG in October, as compared to 4.45 million mt in September, the preliminary data from the Ministry of Economy, Trade and Ind
Minister Bans Shipbreaking Activities at Gadani Yards
The demolition of tankers and liquefied petroleum gas (LPG) carriers at Pakistan’s Gadani shipbreaking yards has been banned, local media said citing the Chief Minister of Balochistan, Sardar Sanaullah Khan Zehri. Following two incidents which caused dozens of fatalities, the shipbreaking activities
Keppel Shipyard to Deliver Yinson’s FPSO Soon
Singapore-based Keppel Shipyard is on track to deliver a floating production storage and offloading (FPSO) vessel to Yinson Production (West Africa), a subsidiary of Malaysia’s integrated offshore production and support services provider Yinson. The spread-moored FPSO unit was named John Agyekum Kuf
DNV GL, MPA to Research Intelligent Shipping Systems
Classification society DNV GL and the Maritime and Port Authority of Singapore (MPA) have expanded and renewed a memorandum of understanding, which promotes research and development (R&D) and innovation in the maritime industry, to include the R&D of intelligent shipping systems. The new MOU, which
More Dredging Work for Tap Shek Kok Area
The Hong Kong Marine Department (MARDEP) has just announced an update on the dredging operations carried out in the Tap Shek Kok area. With immediate effect and for a period of approximately 10 months, dredging works will be carried out within the Castle Peak Power Station Jetty area in Tap Shek Kok
South Korea: SK E&S fires up Paju LNG power plant
SK E&S unit, Paju Energy Service, has started commercial operation of its 1,800 MW LNG power plant at Bongam-ri, Paju-eup, Gyeonggi Province, Korea.
CMA CGM Modifies Asia-West Africa Coverage
French container shipping major CMA CGM plans to reorganize services on the Asia-West Africa route, starting from the first week of March 2017. The firm said it has introduced the changes “in line with the West Africa market trend.” CMA CGM intends to withdraw the WAX 2 service, which was operated w
Four Wah Kwong Ships to Join Navig8’s V8 Pool
Hong Kong-based ship owner and operator Wah Kwong Shipping has decided to commit four of its Aframax tanker newbuildings to Navig8 Group’s V8 Pool. The company’s 112,000 dwt Unity Venture and Wisdom Venture, currently under construction at Japan’s shipyard Sumitomo, are expected to join the pool fol
GALLERY: John Agyekum Kufuor FPSO named in Singapore
Singapore’s Keppel is working to deliver the John Agyekum Kufuor FPSO unit to Yinson. The naming ceremony for the Ghana-bound floating production storage and offloading unit was held on Friday morning, Singapore time. The FPSO was named by Ghana’s First Lady, Rebecca Akufo-Addo, after Ghana’s Presid
Chief Minister Tours Jhelum River Dredging Project
The Chief Minister of Jammu and Kashmir, Mehbooba Mufti, has expressed her unhappiness over the slow pace of the Jhelum River dredging program. The chief minister made these observations earlier this morning while visiting several dredging areas along the river, from Srinagar to Panzinara and Kreshi
EY: Upstream deal value fell in 2016. No match for Shell-BG merger from 2015
Global oil and gas deal activity in 2016 recovered from a slow start to the year with help from the announcements of midstream and oilfield services (OFS) megadeals. Upstream deal value, however, fell, as no 2016 deal could match Shell’s acquisition of BG in 2015. According to the EY Global oil and