South & Central Asia
Keppel on track to deliver FPSO for Madura BD field
Keppel Offshore & Marine’s (Keppel O&M) subsidiary Keppel Shipyard is on track to deliver a Floating Production Storage and Offloading (FPSO) vessel to Armada Madura EPC Limited. Armada Madura is a joint venture between Shapoorji Pallonji Group (Shapoorji Pallonji) and Bumi Armada Berhad (BAB). The
BW LPG takes delivery of new VLGC
BW LPG said it has taken delivery of BW Magellan, the first of four Very Large Gas Carriers (VLGCs) in its newbuilding program from Daewoo Shipbuilding and Marine Engineering (DSME).
DW sees positive spin in wave of upstream contracts due to be awarded
A sustained low oil price environment is a challenging one, with ‘survival of the fittest’ being an undeniable reality of the sector, Douglas-Westwood, an energy intelligence group said its DW Monday report. According to Douglas-Westwood, upstream E&P operators, in the past two years, have scurried
Keppel On Schedule with Karapan Armada Sterling III FPSO Project
Keppel Offshore & Marine’s wholly-owned subsidiary Keppel Shipyard is said to be on track to deliver a floating production storage and offloading (FPSO) vessel to Armada Madura, a joint venture between Shapoorji Pallonji and Bumi Armada Berhad. The spread-moored FPSO unit was named Karapan Armada St
Popular news, October 17 – 23, 2016
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Readers’ Picks of the Week (October 17 – 21, 2016)
Maersk Admits to Duplicity in Vessel Recycling Danish shipping giant Maersk Line has admitted that its own contracts from divestments “have not always guaranteed the intention” of the company’s recycling policy… Read More Captain of Death Ship Should Be Charged, ITF Says The International Transport
Top News of the Week, 17 – 23 October
Elisa Floats Self-Installing Offshore Wind Turbine Researchers gathered around the EU-funded Elisa Project have developed an offshore wind turbine system that can be completely pre-assembled and pre-commissioned in controlled harbour conditions. The Big League Offering Lowest Offshore Wind Prices (I
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (October 17-23, 2016). Royal IHC Adjusts Its Business Strategy As a direct consequence of persistently poor market conditions, Royal IHC, supplier of maritime equipment, is fine-tuning its strategy. PHOTO NEWS:
Top news of the week October 17-23
Italy: HIGAS wins governmental approval for Sardinia LNG project HIGAS, a joint venture between Gas and Heat and CPL Concordia, received the final governmental approval for the construction and operation of the small-scale LNG storage facility in Santa Giusta (Oristano), Italy. Nakilat takes over it
Evergreen Upgrades Asia-Australia Network
Taiwanese container carrier Evergreen Line has teamed up with its compatriot Yang Ming Marine Transport (YML), China’s Orient Overseas Container Line (OOCL), Japan’s Mitsui O.S.K. Lines (MOL) and Kawasaki Kisen Kaisha (K Line) to launch a new joint service on Asia-Australia trade, the North East Asi
Report: Indonesia to decide on Masela LNG development plan within two weeks
Indonesia is reportedly set to decide on the development of the Abadi gas field in the Masela block within the next couple of weeks.
Clarksons: Non-Delivery Could Hit Record Levels in 2016
Non-delivery of vessels on the orderbook, which has been a prominent theme in shipbuilding in the last decade, looks set to be increasing again this year amid troubled shipping markets, according to Clarksons Research. In the year to date, changes to the market environment have been important across