South & Central Asia
Readers’ Picks of the Week (December 19 – 23, 2016)
Readers’ Picks of the Week (December 19 – 23, 2016)
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (December 19-25, 2016). PHOTO: Backhoe Optimus in Klintehamn Harbor Wasa Dredging, a Finnish marine offshore and inland water construction company, has just released this amazing photo of their backhoe dredger ‘Op
Popular news, December 19 – 25, 2016
Read last week’s most popular news from the offshore energy sector.
Top news of the week December 19-24
DSME to build FSRU for Maran Gas South Korea’s Daewoo Shipbuilding & Marine Engineering has secured an order to build a floating storage and regasification unit (FSRU) for Maran Gas Maritime, a unit of Greece’s Angelicoussis Shipping Group. Wison Engineering snatches Kazakhstan’s first LNG plant con
HMM, Carriers to Boost Far East-South America Coverage
South Korean shipping company Hyundai Merchant Marine (HMM) revealed plans to reshuffle its cooperative agreement with a number of carriers, offering new coverage on the Far East and South America routes. The enhanced offering would include 13 containerships, with HMM deploying one 8,000 TEU vessel
BIMCO: Fleet Growth Squeezes Crude Oil Tanker Market
The crude oil tanker segment composing of VLCC, suezmax and aframax ships, experienced a net-fleet growth of 7.3%, which is equal to 24.3 million dwt during the period from January 2014 to October 2016, according to BIMCO. The VLCC segment, with 20.7 million dwt or a net fleet growth rate of 11% too
Perisai, Emas reach $43M settlement agreement
Singapore’s Emas Offshore and Malaysia’s Perisai Petroleum Teknologi have reached a settlement agreement in a dispute over put options in their joint venture SJR Marine. Oilfield services provider Perisai holds 50% interest in SJR Marine with an option to sell the entire share to Emas, which already
Carnegie nets CETO 6 design completion grant
Carnegie Clean Energy has received Au$1.1 million ($790,000) from the Australian government as a grant payment for the completion of the CETO 6 wave energy device design.
Tanjung scoops manpower supply deal with Repsol
Malaysia’s Tanjung Offshore has been selected by Repsol as one of the contractors for manpower supply under an umbrella contract in Malaysia. Tanjung said in a Bursa Malaysia filing on Wednesday that the contract is for a two-year period with a one-year extension option. It has an estimated value of
Barakah to overhaul Murphy’s Kikeh spar
Malaysia’s Barakah Offshore Petroleum has been awarded a contract with Murphy Oil to service the company’s Kikeh spar platform, offshore Malaysia. Barakah’s wholly-owned subsidiary company PBJV received a letter of award from Murphy Sabah Oil and Murphy Sarawak Oil for the provision of production ri
Baker Botts advises Origin on ENN LNG supply deal
Global law firm Baker Botts advised Origin Energy on its LNG sale and purchase agreement with ENN for the delivery of liquefied natural gas to China.
Hoover Ferguson acquires Uniteam’s offshore business
Hoover Ferguson, a container and workspace solutions provider, has acquired the rights and obligations of Uniteam Holding AS’s (Uniteam’s) offshore container rental business. Hoover said on Thursday that the transaction includes a specified fleet of standard and customized offshore containers in Nor