South & Central Asia
Youngest Ever Containership Sent to Scrapyard?
A landmark deal was undertaken today in the containership industry as the youngest ever containership was reportedly sent for demolition by Singapore’s Rickmers Marine Trust, according to VesselsValue. The vessel in question is the seven-year-old Panamax boxship India Rickmers, which was built in 20
Taiwan ups September LNG imports
Liquefied natural gas (LNG) imports into Taiwan, the world’s fifth largest importer, rose 12.6 percent in September year-on-year, according to the data released by the Directorate General of Customs. Taiwan imported 1.26 million mt of LNG in September, as compared to 1.12 million in the same month i
Bidders swarm over Pakistan LNG’s 240 cargo tender
The state-owned Pakistan LNG’s tender seeking 240 cargoes of liquefied natural gas in total has attracted a lot of attention from suppliers struggling to sell cargoes in an oversupplied market.
Rotterdam Port to Take Part in Developing Two Indonesian Ports
The Port of Rotterdam Authority signed agreements to participate in the development of two ports in Indonesia, the Port of Kuala Tanjung and the Port of Jakarta, on November 23, 2016. The Port of Rotterdam Authority signed a joint venture agreement with the Indonesian state-owned port corporation Pe
Pavilion Energy CEO calls for cooperation for sustainable LNG future
New LNG markets, greater cooperation and the development of new liquefied natural gas ecosystems have the potential support growth in LNG demand and provide a sustainable LNG future, according to Seah Moon Ming, CEO of Pavilion Energy.
IMB: Pirate Dies in Attack on Tanker off Nigeria
An unknown number of pirates armed with automatic weapons in a speed boat approached and fired at a tanker while it was some 61 nautical miles off the coast of Bayelsa Coast, Nigeria, according to data provided by IMB Piracy Reporting Centre. Alarm aboard the vessel was raised, while the onboard sec
Royal HaskoningDHV Signs Kuala Tanjung Port Development Deal
During this week’s trade mission to Indonesia, Royal HaskoningDHV signed two contracts with the Indonesian port operator Pelindo I for the development of Kuala Tanjung Port in North Sumatra. The company is part of the trade delegation, along with Dutch Prime Minister Rutte, Ministers Schultz van Hae
Report: JBIC to loan $211 million to Yamal LNG
The Japan Bank for International Cooperation is readying a €200 million (Approx: US$211.5 million) loan for the Novatek-operated Yamal LNG project in Russia.
Woodside CEO: new LNG projects must be underpinned by long-term contracts
The era of 20-year contracts is not over as suppliers cannot fund the massive investment required to build new LNG projects without long-term commitments from buyers, Peter Coleman, CEO of Australian LNG player Woodside said on Thursday. Coleman said this at the LNG Producer-Consumer Conference in T
MAKO Turbines adds tidal expert
MAKO Tidal Turbines, an Australian tidal energy developer based in New South Wales, has appointed Richard Morris as a consultant in the role of Global Strategy Director.
Resolve Salvage and Fire Hires Seamec’s Revelation Vessel
Seamec has entered into a charter contract for the ‘Revelation’ vessel with Resolve Salvage and Fire (Asia). Under the contract, the vessel, with a length of 80 meters and a beam of 13 meters, will carry out work on the west coast of India. The multi-role/accommodation vessel joined Seamec’s fleet i
IEA vows to bring more transparency into LNG market
While the globalization of natural gas has been boosted by the rise of LNG market, the energy security implications of this development have been less scrutinized.