South & Central Asia
Kogas plans Tongyeong LNG bunkering facility
South Korea’s Kogas, the world’s largest corporate buyer of LNG, is reportedly planning to build new LNG bunkering infrastructure at Tongyeong by 2019. The facility is a part of wider efforts to develop LNG bunkering infrastructure in South Korea against the backdrop of stricter environmental regula
Advisian to trial tidal turbine reef technology
Advisian, an independent advisory arm of the Australian engineering company WorleyParsons, will undertake a feasibility study for the development of its tidal energy system known as Tidal Turbine Reef (TTR).
Drewry: Idle Containership Fleet Surges amid Overcapacity
The number of idle containerships increased from 238 vessels with a combined capacity of about 900,000 TEU in November last year to 435 ships, aggregating 1.7 million TEU in early November of this year, representing a strong indication of the current overcapacity, according to shipping consultancy D
Samsung Heavy Industries scraps $773M FPSO order
South Korean shipbuilder Samsung Heavy Industries has scrapped a contract for the construction of a floating production storage and offloading unit (FPSO). The shipyard on Friday said it had terminated the 987.6 billion Korean won ($773.7 million) contract of Thursday, December 1. According to Samsu
Libra FPSO named in Singapore (GALLERY)
The naming ceremony for the floating production offloading and storage (FPSO) unit Pioneiro de Libra took place on Friday, December 2 at Sembcorp Marine’s Jurong Shipyard in Singapore where the conversion of the Libra FPSO has been taking place since 2014. The FPSO is owned through a 50/50 joint ven
Readers’ Picks of the Week (Nov 28 – Dec 2, 2016)
Readers’ Picks of the Week (Nov 28 – Dec 2, 2016)
Popular news, November 28 – December 4, 2016
Read the most popular news from the offshore energy sector.
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (November 28 – December 4, 2016). Boskalis Wins EUR 120 Million Dredging Contract in Brazil Royal Boskalis Westminster N.V. has been awarded a contract by Açu Petróleo S.A. (joint venture company of Prumo Logístic
Report: Japan’s Tokyo Gas interested in Philippines’ LNG terminal
Japan’s biggest city gas supplier, Tokyo Gas is reportedly interested in taking part in the construction of a liquefied natural gas (LNG) import terminal in the Philippines.
Shanghai Maritime Court Orders Varun to Pay Amba Bhakti Crew
Shanghai Maritime Court has ordered the owner of the crude oil tanker Amba Bhakti to pay USD 110,000 to the vessel’s crew, local media report. The five crewmembers, three from India and two from Bangladesh, had not been paid since February and their employer, India-based shipping company Varun Shipp
Report: OPEC deal pushes Asian LNG prices to $7.40/mmBtu
OPEC’s recent announcement it would cut crude oil production has boosted Asian spot LNG prices to their highest this year so far.
Vietnam to Host Belgian Economic Delegation
The Flanders Investment & Trade Agency and the Brussels Export & Investment Promotion Agency with the support of East Flanders province (Belgium) will lead an economic delegation to Vietnam, according to the Vietnam Breaking News. The delegation with over 40 company members will arrive in Ho Chi Min