South & Central Asia
Alphaliner: RMT Reaches List of Owners with Toxic Ships
Singapore-listed containership owner and operator Rickmers Maritime Trust (RMT) has become the latest casualty in a growing list of boxship owners with toxic vessel assets that are unable to generate sufficient funds to pay their outstanding debt obligations, according to Alphaliner. While numerous
ABB upgrading control systems at Tepco’s Futtsu LNG terminal
The automation specialist ABB on Wednesday said it has been contracted by Tepco of Japan to upgrade the control and input/output systems at the Futtsu liquefied natural gas receiving terminal.
DP World Australia Gets A3 Consortium’s Shipping Services
Australia’s largest stevedore, DP World Australia, has been awarded seven of nine port calls on the A3 consortium’s Asia to Australia service, which links the east coast Australia ports of Brisbane, Sydney and Melbourne with Asia. The additional services from the A3 consortium, which comprises Hong
RGU to help develop training framework for Indian subsea sector
Robert Gordon University (RGU) in Aberdeen has been awarded funding from the UK Government to establish a sustainable training framework for the energy sector in India with a focus on accelerating skills development in deep-water subsea operations. The University welcomed the Indian Minister for Pet
RGU Gets Funds for Training Framework for Indian Subsea Sector
Robert Gordon University (RGU) has been awarded funding from the UK Government to establish a training framework for the Indian energy sector with a focus on accelerating skills development in deep-water subsea. The university announced the funding after it welcomed the Indian Minister for Petroleum
India Plans Subsea Link with Andaman & Nicobar Islands
India’s Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval for provision of a direct communication link through a dedicated submarine fibre-optic cable between mainland (Chennai) and Port Blair & five other islands viz. Little Andaman, Car Nicobar, Havelock, Kamo
Fitch Ratings sees stable outlook for CNOOC
Credit ratings agency Fitch Ratings has affirmed CNOOC Limited’s (CNL) Long-Term Foreign- and Local-Currency Issuer Default Ratings and senior unsecured rating at ‘A+’ with the outlook deemed stable. The agency has also affirmed the energy company’s Short-Term Foreign- and Local-Currency IDRs at ‘F1
FMC Technologies Sets Up Annulus Monitoring System for Petronas
FMC Technologies has installed and tested its annulus monitoring system (AMS) in an offshore well in Malaysia owned by PETRONAS. A winner of the 2015 OTC Spotlight on New Technology award, FMC Technologies’ AMS is a wireless communication system that provides independent condition-monitoring within
India: IOC, GAIL eye stake in Adani’s LNG project
Indian Oil Corporation and the state-owned gas utility GAIL are about to sign an agreement to secure a 49 percent stake in Adani Group’s Dhamra LNG project in Odisha.
ABTO Sheds Light on Cargo Liquefaction Dangers at Bulk Terminals
The Association of Bulk Terminal Operators has warned that cargo liquefaction, an issue commonly associated with the seaborne transportation of unprocessed mineral ores and concentrates, is also an issue which bulk terminals need to pay attention to. Speaking at the ICHCA ISP76 panel meeting in Lond
Royal IHC Dredging Equipment for Adani
In 2005, the Adani Group (Adani) approached Royal IHC to establish its own dredging fleet. New to the industry, Adani was looking for a strong partner to supply reliable dredging equipment and offer support. To date, IHC has supplied ten IHC Beaver dredgers and a number of booster pumps. Two Beagle
BW LPG Goes After Aurora
Singapore-based BW LPG Limited will launch a voluntary tender offer for all of the remaining shares in Aurora LPG after its subsidiary, BW LPG Holding Limited, bought 877,813 additional shares yesterday and increased its stake in the company to 32.79%. Following the latest acquisition, the second on