South & Central Asia
Carnegie secures $3.7M for microgrid project
Carnegie Wave Energy has signed a Au$3.7 million debt financing agreement to support the Garden Island solar, battery and wave integrated microgrid project.
Keppel cuts 3.000 jobs. Profit down
Singapore’s rig builder Keppel Offshore & Marine, hit by challenging market conditions and a drop in workload, in the third quarter 2016 cut its workforce by 3.080 people; 660 in Singapore and 2,420 in overseas yards. This means that for the first nine months Keppel O&M has reduced its direct workfo
ClassNK Gives Nod to LNG Bunkering Vessel Design
Hanjin Heavy Industries & Construction has received Approval in Principle (AIP) for a 7,500 cbm liquefied natural gas (LNG) bunkering vessel design from the classification society ClassNK. The design, which is the result of joint research carried out by the parties to improve the efficiency of LNG b
Alang’s Leela Yard Gets Social Accountability Certification
Alang-based yard Leela Ship Recycling has become the first ship recycling facility in South Asia to receive the Social Accountability certification, as per SA8000 standards. “Being the first ship recycling yard in South Asia to obtain a Social Accountability certification, clearly demonstrates our h
Inpex completes Toyama Line construction
Japanese LNG terminal developer, Inpex on Friday informed it has completed the construction of the Toyama Line.
Hycom supplies hydraulic power unit for Heerema’s Sleipnir SSCV
Hydraulic systems specialist Hycom has finalized construction work on its latest overseas equipment order placed by Jurong Shipyard, Singapore, for Heerema’s semi-submersible crane vessel (SSCV) Sleipnir. The company said on Friday that the order entailed a Hydraulic Power Unit (HPU) and control sys
GasLog pens charter deal with Centrica, orders LNG carrier at SHI
Monaco-based LNG shipper GasLog, signed a time charter party with Centrica, a UK-based energy company, to charter a newbuild LNG carrier for a period of seven years.
Cargo Traffic at India’s Major Ports Up by 5.2 Pct
The cargo volumes at India’s Major Ports increased by 5.2 percent during the first half of the fiscal year 2016-17 as the country’s ports handled a total of 315.4 million tonnes of cargo in the period from April to September 2016. The rise in cargo traffic from 299.5 million tonnes, handled by the p
ClassNK grants AIP for 7,500-cbm LNG bunkering vessel
Japan’s classification society ClassNK issued the approval in principle for a 7,500-cbm LNG bunkering vessel designed by Hanjin Heavy Industries & Construction.
GasLog Orders New LNG Carrier from SHI
Owner and operator of LNG carriers GasLog Ltd. has placed an order for a 180,000 cubic meter liquefied natural gas (LNG) carrier with XDF propulsion at South Korea’s shipbuilder Samsung Heavy Industries. The company signed a time charter party with UK-based utility company Centrica plc. to charter t
Indonesia: LNG projects face uncommitted cargoes
Indonesian Tangguh and Bontang liquefied natural gas projects are facing oversupply for 2017 and 2018, as well as possible production cuts.
Moore Stephens: Shipping’s Operating Costs Fall for 4th Successive Year
Total annual operating costs in the shipping industry fell by an average of 2.4% in 2015, compared with the 0.8% average fall in costs recorded for 2014, representing the fourth successive year that the operating costs were in decline, according to shipping consultant Moore Stephens. All categories