South & Central Asia
Cosco delays offshore rig delivery for one year
Chinese offshore rig builder Cosco has agreed to delay the delivery of a semi-submersible tender assist rig at a request of a client. In a statement on Friday, Cosco Guandong said it has, with the rig owner, agreed to delay the delivery of the rig until November 30, 2017. To remind, the Edrill-3 rig
Shell picks Barakah for pipeline replacement gig in Malaysia
Barakah Offshore Petroleum Berhad’s wholly-owned subsidiary company, PBJV Group, has received a Letter of Award from Sabah Shell Petroleum Company (SSPC) for the provision of effluent discharge pipeline replacement for the Labuan crude oil terminal in Malaysia. The Labuan crude oil terminal (LCOT) i
ABS Classes World’s First VLEC
Classification society American Bureau of Shipping (ABS) has classed the recently delivered Ethane Crystal, the world’s first Very Large Ethane Carrier (VLEC) owned by Mumbai-based Reliance Industries Limited (Reliance). The Ethane Crystal was delivered to Japanese shipping company Mitsui O.S.K. Lin
Correction: Hong Kong Sends Boxes with Hazardous Waste Back to Romania
The Hong Kong authorities have ordered the return of 123 containers to Romania, after it was discovered that these were laden with potentially hazardous waste. An undisclosed container carrier transported the containers out of Romania which later ended up in Hong Kong. Earlier media reports indicate
Gazprom, JBIC talk investment in Sakhalin II’s third LNG train
Japan Bank for International Cooperation could finance the third liquefaction train at Russia’s only LNG export facility, the Sakhalin II.
Rolls-Royce to Power Zhuhai’s New Fast Ferry
UK-based developer and builder of marine engines Rolls-Royce has inked a contract with China’s Afai Southern Shipyard to provide power and propulsion for a third Blue Sea Jet, a fast ferry being built for ship owner and operator Zhuhai High-Speed Passenger Ferry. The vessel, a catamaran, will be dri
Inpex encounters “strong gas indications” off Japan
Japanese LNG terminal developer, Inpex on Friday said it has completed the drilling operations at an exploratory well offshore Shimane and Yamaguchi prefectures.
APL Enhances Asia-Middle East, Latin America Links
Singapore-based container shipping company APL has decided to expand its Asia-Middle East and Latin America networks by adding new services to these routes. To its Asia-Middle East coverage, the company has added the Red Sea Express 2 (RE2) Service, which will link China to the Red Sea ports of Jedd
Indian Subcontinent Remains Shipbreaking Hub
A total of 51 vessels were sold for demolition during October 2016, with the majority of them destined for the Indian subcontinent, VesselsValue data shows. India was the favorite destination for demolition sales, with Bangladesh as the second country where most of the ships were delivered. Bulkers,
Lower sales volumes impact Kogas’ nine-month 2016 profit
South Korean Kogas reported a steep drop in net income and operating profit for the first nine months of 2016.
ABB, Wuchang Shipbuilding Team Up on Green Ships
Power and automation technology group ABB has signed an agreement with China’s Wuchang Shipbuilding Group to cooperate on developing greener ships and digital solutions. Under the deal to deepen cooperation, ABB said that the partnership will help Wuchang Shipbuilding Group manufacture “highly effic
Thenamaris Sells LR2 Tanker for USD 13 Mn
Greek shipping company Thenamaris has agreed to sell its LR2 tanker Seafaith II to Indonesia-based tanker company Buana Listya Tama, according to data provided by VesselsValue. Featuring 109,300 dwt, the tanker was sold for a price of USD 13 million. With a length of 244 meters and a width of 42 met