South & Central Asia
LNG giant Jera to become one of the world’s largest coal traders
Japan’s Jera, one of the world’s largest buyers of liquefied natural gas (LNG), has finalized a deal signed back in October with France’s EDF under which it will take over the latter’s coal and freight trading business. Jera Trading Singapore, a unit of Jera, aims to complete the acquisition by earl
Indonesia: Donggi-Senoro LNG finds buyers for 2017 output
Donggi-Senoro LNG plant in Indonesia has reportedly found buyers for 31 LNG cargoes, it plans to produce in 2017.
Noble cold stacks another semi-sub rig
Offshore drilling contractor Noble Corporation has decided to cold stack another one of its semi-submersible drilling rigs amid challenging drilling market. In its latest fleet status report for a period between November 23 until December 20, 2016, the driller said on Tuesday that the 1980-built dri
China’s LNG imports to hit record high
China, the world’s largest energy consumer, is reportedly set to import record levels of liquefied natural gas (LNG) this month. According to a report by Reuters, China is expected to import about 3.33 million tonnes of LNG in December spurred by winter demand, boosting Asian prices to their highest
Alphaliner: ZIM a Lone Wolf on the Transpacific Route
Israel’s shipping company Zim Integrated Shipping Services (ZIM) will operate as an independent carrier on the Transpacific route, eschewing the vessel sharing arrangement that it currently has with the G6 partners, according to Alphaliner. To be implemented concurrently to the alliance reshuffle in
Moore Stephens: Shipping Confidence up for Third Successive Quarter
Shipping confidence improved for the third successive quarter in the three months to end-November 2016, according to the latest Shipping Confidence Survey from accountant and shipping adviser Moore Stephens. In November 2016, the average confidence level expressed by respondents was 5.6 out of 10, e
Matson Adds New Link to Okinawa
US carrier Matson plans to launch a new service from the West Coast to the Port of Naha, Okinawa, Japan, as part of its China-Long Beach Express (CLX) coverage. The new weekly service will commence with departures from Seattle on January 28, Oakland on January 31 and Long Beach on February 1 with a
Petronas to cut 20000 bpd starting January 2017
Malaysia’s Petronas is set to reduce its oil production in less than a fortnight. The company said on Wednesday that following the pact made in Vienna, on December 10, 2016 between OPEC and non-OPEC producers, Petronas will make a voluntary adjustment to Malaysia’s crude oil production starting from
Origin pens LNG supply deal with ENN
Origin Energy, the owner of a 37.5 percent stake in the Australia Pacific LNG project, has agreed to deliver LNG to ENN of China.
Wison Engineering snatches Kazakhstan’s first LNG plant contract
Wison Engineering Services of China has been awarded a contract for an LNG facility in Kazakhstan by Astana Trans Oil.
Clarksons: Shipping Sees Lack of Heat in 2016
The shipping industry has experienced a particular blast of cold air during 2016, with few sectors escaping the frosty grasp of the downturn, according to Clarksons Research. The shipping markets have in the main been pretty icy since the onset of the global economic downturn back in 2008, Clarksons
Busy 2016 for International Association of Dredging Companies
The International Association of Dredging Companies (IADC), exclusively for Dredging Today, looks back at 2016 and forward to 2017. IADC is the global umbrella organisation for contractors in the private dredging industry. As such IADC is dedicated to not only promoting the skills, integrity and rel