South & Central Asia
Infographic: Asian Maritime Crimes Down 65 Pct
The number of piracy and armed robbery incidents in Asia from January to September 2016 decreased by 65%, compared to the same period in 2015, according to The Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP). A total of 59 incidents were reported d
Report: Gazprom, GAIL to renegotiate LNG supply deal
Gazprom could renegotiate the liquefied natural gas supply deal with GAIL of India within the next six months.
Metrostar Sells Two VLCC Newbuildings
Greek shipping company Metrostar Management Corp has decided to sell two 308,000 dwt Very Large Crude Carriers (VLCC) on order at South Korea’s shipbuilder Hyundai Heavy Industries, according to data provided by VesselValue. The vessels, Cude Med and Crude Progress, were sold to Metrostar’s compatri
QP CEO: Qatar to build on over 2,500 LNG deliveries to Japan
Saad Sherida Al-Kaabi, president and CEO of Qatar Petroleum and chairman of Qatargas concluded his talks with major Japanese energy companies aiming to strengthen existing cooperation.
Bardot to Set Up OTEC Technology in Maldives
Bardot Group, a French SME specialised in subsea engineering and equipment manufacturing for offshore energy, has signed a contract for the first commercial OTEC (Ocean Thermal Energy Conversion) system to be installed in an eco-resort in Maldives. The contract, which includes engineering, procureme
Popular news, October 10 – 16, 2016
The most popular articles of the week
Ocean Yield Cancels Third LEG at Sinopacific
Norwegian ship owner Ocean Yield ASA has reached an agreement to cancel the final of three newbuilding Liquefied Ethylene Gas (LEG) carriers which were ordered from China’s shipbuilder Sinopacific Offshore & Engineering in May 2014. Ocean Yield has paid USD 16.2 million in pre-delivery instalments t
Readers’ Picks of the Week (October 10 – 14, 2016)
Drewry: Container Carriers Still Face High Risk of Failure Privately-owned container carriers could risk losing shippers’ trust if they do not provide any data on their level of indebtedness and balance sheet strength, according to shipping consultancy Drewry… Read More Trafigura Sells Five Tanker N
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (October 10-16, 2016). Royal IHC Hands Over Hopper Dredger JUN YANG 1 The handing over ceremony of Asia’s largest trailing suction hopper dredger (TSHD) JUN YANG 1 is being held this morning in Guangzhou City, Chi
Top news of the week October 10-15
Report: investment company plans 20 LNG carriers order at South Korean shipyards An order for 20 liquefied natural gas carriers could be placed at South Korean shipyards from CBI Energy and Chemical, an investment company controlled by Australian and Canadian investors. Video: FSU Armada LNG Mediter
Vallianz delays EGM as Swiber wants in on rights issue
Swiber Holdings, a debt-burdened offshore oilfield services provider, is looking to take part in Vallianz Holdings’ right issue, despite being placed under judicial management. The move has made Vallianz postpone its Extraordinary General Meeting which was expected to be held October 17, where a dec
Report: Hanjin to Sell Its Asia to US Route Network
South Korea’s container carrier Hanjin Shipping could sell its entire Asia to US route network, as well as some of its other major businesses, according to Reuters. Assets which are currently on sale include the company’s operations on the routes, such as manpower systems, five container ships, and