South & Central Asia
Keppel acknowledges ‘suspicious’ transactions in Brazil
Keppel, Singapore’s builder of offshore drilling rigs, has acknowledged it might have been involved in a bribery case in Brazil, and that its former agent in the country might have acted “suspiciously”. To remind, Zwi Skornicki, an employee of Eagle do Brasil which was the agent of Keppel FELS in Br
Korea Line Orders Supramax Bulker Duo
South Korea’s shipping company Korea Line Corp has ordered two bulk carriers from an undisclosed shipbuilder for a price of USD 60.6 million, according to data provided by VesselsValue. The company is paying USD 30.3 million for each of the Supramax vessels, which feature 50,000 dwt. With 9,827 gros
BW Group names new CFO
Singapore-based BW Group on Tuesday said it has named Jakob Bergholdt as the company’s CFO.
Vietnam’s PTSC orders satellite equipment for AHTS vessels from Intellian
Intellian Technologies, a provider of maritime satellite communications systems, has received an order for satellite antenna systems from the Vietnamese owner and operator of vessels serving the oil and gas industry, PTSC Marine. Intellian said on Tuesday that the contract entails the installation o
Report: Kawasaki Heavy Could Exit Shipbuilding
Japan’s shipbuilder Kawasaki Heavy Industries is considering whether it should pull out of the shipbuilding industry as it revised its full-year profit forecast, according to Bloomberg. Namely, the company halved its forecasts as it now expects to see a net income of around JPY 16.5 billion (USD 162
Infographic: Wave and tidal energy potential of Chile
Naval Experts, a media hub created by DCNS, has published an infographic on Chile’s renewable energy potential, with a specific focus on the country’s marine renewable energy.
Small Tanker Duo Ordered from Fujian Southeast
Chinese Fujian Southeast Shipbuilding has received a contract to construct two 6,500 dwt small oil tankers for an undisclosed Malaysian shipowner. The order was placed with an option for two additional oil tankers. The new vessels feature a length of 109 meters and a width of 17 meters. The parties
Transocean hit with termination notice for drillship in India
Offshore drilling contractor Transocean informed on Monday that Reliance Industries has elected to exercise its contractual option to terminate the contract for the ultra-deepwater drillship Discoverer India. The termination is effective December 2016, prior to its expiration in January 2021. In acc
Navig8 Chemical Cancels Five Newbuildings at STX
Navig8 Chemical Tankers has cancelled contracts to construct five 49,000 dwt medium range tankers at South Korean STX Offshore & Shipbuilding. The five Interline-coated tankers, which were ordered in October and December of 2015, respectively, were scheduled for delivery during 2017. Navig8 Chemical
Picture of the day: GoFLNG Hilli at Keppel Shipyard
Golar’s FLNG Hilli, the 125,000-cbm liquefied natural gas carrier being converted to the floating liquefaction unit at Singapore’s Keppel Shipyard is set to start its eight-year contract in 2017.
Seventh Chemical Tanker Joins Ocean Yield’s Fleet
Norwegian ship-owner Ocean Yield ASA has taken delivery of Navig8 Tourmaline, a 49,000 dwt IMO II chemical tanker, from South Korean shipbuilder STX. After being delivered from the shipyard, the vessel commenced a 15-year “hell and high water” bareboat charter to Navig8 Chemical Tankers, entering th
Navig8 Expands Fleet with Four Chemical Tankers
Maritime services provider Navig8 expanded its pools with four chemical tankers in September 2016. Navig8 Chemicals took delivery of Navig8 Universe and Navig8 Constellation, which were built in 2013 at Shina SB yard in South Korea. The two 45,352 dwt tankers joined the company’s Chronos8 Pool. Anot