South & Central Asia
Bureau Veritas Issues Guidelines for De-Risking Floating Wind Projects
International classification society Bureau Veritas has published a set of guidelines to reduce and manage risk as ocean engineering requirements develop in the growing marine renewable energy sector. The guidelines, NI 631 “Certification Scheme for Marine Renewable Energy Technologies”, cover float
BP awards global services deals to KBR
KBR has been awarded two global agreements by the UK oil giant BP. The first agreement is for the provision of conceptual engineering services and the second for the provision of pre-front end engineering design (FEED) and FEED engineering services. Each agreement has a contractual duration of three
Trident, Triasmitra Partner on Singapore – Indonesia Subsea Link
Trident Subsea Cable (Trident) and PT. Ketrosden Triasmitra (Triasmitra) have entered into a strategic venture to own and operate a telecommunications cable asset connecting Singapore and Indonesia. The Trident Subsea Cable system is an independent, carrier-neutral fibre network designed to enhance
ADB loans $400 million for Tangguh LNG expansion
The Asian Development Bank has agreed to provide a US$400 million loan to support the expansion of Indonesia’s Tangguh LNG production facility.
Fortescue’s First VLOC Completes Maiden Voyage
FMG Nicola, the first of eight very large ore carriers (VLOCs) ordered in 2014 by Australian iron ore company Fortescue Metal Group (Fortescue), has arrived in the country’s Port Hedland completing its maiden voyage from China. The 260,000 dwt FMG Nicola is the first of four VLOCs currently under co
WASA Workshop in Dhaka
Dhaka WASA (Water Supply & Sewerage Authority) and Vitens Evides International (VEI) recently organized a close-out workshop for their two Water Operators Partnership projects: WOP and Urban Dredging Demonstration Project (UDDP). The workshop was held in presence of DWASA, VEI, the Embassy of the Ki
Forland, EMAS-AMC reach deal for Lewek Inspector vessel
Offshore vessel owner Forland Shipping has reached a deal with EMAS AMC over its Lewek Inspector vessel. To remind, EMAS AMC has defaulted on the charter hire payment for Forland’s Lewek Inspector vessel for October 2016, and has said it would be “unable to settle the outstanding charter hire for th
Ooredoo and Huawei Launch Maldives Subsea Telecom Cable
Ooredoo Maldives and Huawei Marine has inaugurated Ooredoo’s Nationwide Submarine Cable. Azleen Ahmed, home minister of Maldives, Wang Fukang, Chinese ambassador to Maldives and more than 200 guests attended the event. The Nationwide Submarine Cable project is part of Ooredoo’s program to provide hi
Drewry: East-West Contract Freight Rates Mark First Jump in 7 Quarters
Ocean freight rates for cargo moving under contracts on the major East-West trade routes saw a reversal of trend in 4Q 2016, according to Drewry’s Benchmarking Club, a group of 50 multinational retailers and manufacturers who monitor their contract freight rates. The Drewry Benchmarking Club Contrac
Japan’s Nov LNG imports climb almost 13 pct YoY
Japan, the world’s largest consumer of liquefied natural gas (LNG), boosted its imports of the chilled fuel by 12.7 percent in November year-on-year. Japan imported 7.54 million mt of LNG in November, according to the provisional data released by Japan’s Ministry of Finance. The preliminary data als
Gazprom signs LNG agreements with Japanese partners
Russian giant Gazprom signed a number of agreements with Japanese partners during the visit of Alexey Miller, the company’s head, to Japan.
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. Under the deal signed on Friday, DSME is to build a 173,400-cbm FSRU for Maran Gas. The cont