South & Central Asia
Readers’ Picks of the Week (January 23 – 27, 2017)
Readers’ Picks of the Week (January 23 – 27, 2017)
Top news, January 23 – 29, 2017
Tidal Energy Today has compiled the top news from tidal and wave energy industry from January 23 – 29, 2017.
Popular news, January 23 – 29, 2017
Read last week’s most popular news from the offshore energy sector.
Top news of the week January 23-28
Australia: Ichthys power plant contract terminated, hundreds of jobs affected A $550 million contract for the construction of a combined cycle power plant for the Inpex-operated Ichthys LNG project in Australia has been terminated, leaving hundreds of workers in limbo. BP outlook: LNG to grow seven
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (January 23-29, 2017). New Contracts in India and Maldives for DEME DEME, the Belgian dredging, environmental and marine engineering group, has secured several new contracts for dredging and land reclamation works
PIL Inks MOU with Guangzhou Nansha Development Zone
Singapore-incorporated shipping company Pacific International Lines (PIL) has signed a memorandum of understanding (MOU) with China Guangzhou Nansha Development Zone to explore business opportunities and the development of a shipping/logistics base in the Nansha New Area. The MOU also aims at increa
Gallery: Teekay’s First LNG Icebreaker Launched at DSME
Bermuda-based owner and operator of liquefied natural gas (LNG) carriers Teekay LNG Partners revealed that its first icebreaker LNG newbuilding was launched in South Korea on January 21, 2017. The vessel, Eduard Toll, is Teekay’s first of six 172,000 cubic meter ARC7 LNG carriers to be constructed f
Bassoe: Pay now or pay later – the art of rig stacking and reactivation
With over 70 ultra deepwater floating rigs stacked and waiting for contracts and over 20 newbuilds sitting virtually complete at shipyards under deferred delivery agreements, offshore rig reactivation risk stands in the way of market recovery, writes David Carter Shinn, a partner at Bassoe Offshore,
Secondhand Suezmax Joins G E Shipping’s Fleet
Mumbai-based Great Eastern Shipping (G E Shipping) has taken delivery of Jag Laadki, a 2000-built Suezmax crude carrier bought in December 2016. The company did not reveal the seller of the 150,000 dwt Jag Laadki. However, VesselsValue’s data shows that the only Suezmax vessel purchased by G E Shipp
Wan Hai to Set Up Two Transpacific Services
Taiwanese container carrier Wan Hai Lines plans to launch two Transpacific services through a vessel sharing agreement (VSA) with an undisclosed party, starting from April 2017. The company said the new services will cover the Southern and Northern Central China. 8,000 TEU vessels will be deployed i
Oil prices dip as rising U.S. output offsets OPEC-led cuts
By Henning Gloystein SINGAPORE (Reuters) – Oil prices dipped on Friday as rising crude output from the United States was offsetting efforts by OPEC and other producers to prop up the market by cutting supplies. Brent crude futures, the international benchmark for oil prices, were trading at $56.17 p
DSME launches Teekay’s first Arctic LNG carrier
Teekay’s first Arctic LNG carrier, the 172,000-cbm Eduard Toll, has been launched at the South Korean Daewoo Shipbuilding & Marine Engineering (DSME) shipyard.