South & Central Asia
Marubeni, Sojitz ink deal for Indonesia LNG power project
Japanese trading houses Marubeni and Sojitz entered into a long-term power purchase deal with the Indonesian state-owned utility PLN for a gas-to-power project that includes the provision of a floating storage and regasification unit.
IECRE marine energy standardization making progress
The Marine Energy Operational Management Committee (ME-OMC) held a meeting in Paris to discuss rules for the conformity assessment for marine renewable energy industry.
HHI orders GTT tanks for Höegh LNG’s FSRU
French LNG containment specialist GTT secured an order to equip a new FSRU being built by Hyundai Heavy Industries with its Mark III cryogenic membrane containment system.
BIMCO: Supply-Side Crucial for Boxship Market Recovery
The demand for container shipping grew steadily in 2016 improving the fundamental balance in the market in the second half of the year, driven by decisive actions by shipowners selling excessive tonnage for demolition, according to BIMCO. An early assessment of the overall market demand growth rate
MHI-MME delivers equipment for Höegh LNG’s FSRU newbuild
Mitsubishi Heavy Industries Marine Machinery & Engine delivered its regas boiler to Hyundai Heavy Industries’ shipyard to be installed in an FSRU being built for the Norwegian shipowner, Höegh.
Shell simplifies portfolio following BG acquisition with Thai, UK asset sales
The Hague-based LNG giant Shell reached two separate agreements for the sale of its assets in Thailand and UK North sea as part of the portfolio simplification, following its acquisition of BG.
Hess hires Wood Group for work offshore Malaysia
Oilfield services firm Wood Group has been awarded a five-year operations and maintenance contract with Hess in Malaysia. Wood Group will support Hess’ new-build fixed and floating offshore facilities in the North Malay Basin development area located approximately 150 kilometers north east of the Pe
Shell sells Thai offshore acreage for $900 million
Oil giant Shell has reached an agreement with Kuwait’s KUFPEC for the sale of a 22.222 percent equity stake in the Bongkot field and adjoining acreage offshore Thailand. Apart from the stake in the Bongkot field, the sale worth $900 million includes Shell’s equity stake held in Blocks 15, 16 and 17
MSC Adds Hamad Port to New Falcon Service
Switzerland-based Mediterranean Shipping Company (MSC) has upgraded its New Falcon service by providing a direct call at Hamad Port. The new service is the first ever regular service between Hamad Port and Shanghai, according to Qatar Ports Management Company (Mwani Qatar). The upgraded New Falcon s
New Dredging Vessel Directory Almost Finished!
The new Dredging Vessel Directory (DVD) is almost finished and will be launched soon, featuring more CSD’s than in last year’s edition. The new directory will provide the dredging industry with a compact useful overview of operating cutter suction dredgers and now also trailing suction hopper dredge
DBL Inaugurates New Dredgers
Dhaka-based business conglomerate DBL Group last Saturday inaugurated two IHC Beaver 50 cutter suction dredgers (CSDs) and two Delta Multi Craft (DMC) 1050 work boats. The vessels were inaugurated by the Bangladesh Minister of Shipping, Honorable Shajahan Khan. Also attending the ceremony were Bangl
SMD to Build Subsea Telecom Cable Plough for SBSS
Soil Machine Dynamics (SMD) have signed a contract with S.B. Submarine Systems (SBSS) for the design, manufacture and delivery of the next generation MD3XT submarine telecom cable plough. The complete plough system will come equipped with an optical umbilical and SMD purpose-designed and manufacture