South & Central Asia
Tema Port Expansion Project About to Begin
Construction works on the $1.5 billion Tema Port expansion project are expected to begin on the 1st October 2016, reports the Ghana Ports & Harbors Authority. The project, which will enable the development of an ultra-modern state-of-the-art port facility, is set for completion by the 4th quarter of
Mermaid Scoops Close to $7M in New Deals
Mermaid Maritime’s subsidiary, Seascape, has been awarded two additional subsea contracts in South East Asia with a total estimated potential value of USD 5.1 million. The first package of work involves the DP2 dive support vessel “Mermaid Nusantara” together with heavy duty work-class ROVs for a 30
VIDEO: Multipurpose Watermaster on Display
Aquamec Ltd, a Finland-based company that manufactures the Watermaster – a multipurpose solution for work in shallow water – has just released a new video which shows the capabilities and applications of the versatile Watermaster dredger. The multipurpose Watermaster is used worldwide for deepening
Baker Hughes: International offshore rig count down by 42 rigs YOY
Oilfield services provider Baker Hughes informed on Thursday that the international offshore rig count for August 2016 was down by over forty rigs year over year. According to the report, the international offshore rig count for August 2016 was 228, up 2 from the 226 counted in July 2016, and down 4
Mermaid Maritime bags new subsea contracts
Mermaid Maritime has won two subsea contracts in South East Asia and a contract extension in the Middle East. Mermaid’s Eastern Hemisphere business unit, through its subsidiary Seascape Surveys, has been awarded two additional subsea contracts in South East Asia with a total estimated potential cont
VIDEO: Engie Zeebrugge Almost Ready for LNG Bunkering Ops
The video above shows the Engie Zeebrugge, the first liquefied natural gas (LNG) bunkering vessel (LBV) in the world that will operate under the newly launched brand Gas4Sea. Ordered in June 2014, the vessel is currently under construction in South Korea. The LBV will be delivered at the end of this
Bureau Veritas to Future-Proof Six Suezmax Tankers
Greek shipping company Dynacom Tankers Management’s six Suezmax tankers, which are currently under construction at a Chinese yard, are to be granted Gas-Prepared notation from the international classification society Bureau Veritas. The classification society said that the company is the first shipo
NAT Expands Fleet with New Tanker
Bermuda-based tanker owner Nordic American Tankers Limited (NAT) took delivery of a Suezmax newbuilding tanker the Nordic Star, built at South Korea’s Sungdong Shipbuilding and Marine Engineering. Featuring 158,000 deadweight tons, the vessel, which was named on August 24, will be employed in the ta
Annual Asia oil shindig sobers up as downturn lingers
By Henning Gloystein and Florence Tan SINGAPORE (Reuters) – Conspicuous consumption, mostly liquid, has long been a feature of Singapore’s annual APPEC oil gathering, but it is a more sober affair in 2016, as executives in the third year of an industry downturn keep a clear head for deal opportuniti
MSC to Add Maple Service on Transpacific Route
Starting from September 15, 2016, Switzerland-headquartered Mediterranean Shipping Company (MSC) plans to launch a new service on the Transpacific Trade in an effort to “assist shippers following the recent Hanjin announcement.” The move comes after the South Korean shipping company, Hanjin Shipping
Wisdom Marine Orders Bulk Carrier Duo in Japan
Taiwan’s shipping company Wisdom Marine Lines has placed an order for two Ultramax bulk carriers at Japanese shipyard Imabari Shipbuilding, according to data provided by VesselsValue. The two ECO bulkers, which would feature 63,000 dwt, are scheduled to join their new owner in 2019. The company orde
NSSLGlobal VSAT system selected for MOL’s LNG fleet
NSSLGlobal has said it has won a deal with MOL LNG Transport (Europe), a Mitsui O.S.K. Lines (MOL) unit, to replace the legacy VSAT system on board MOL LNG’s fleet of 15 liquefied natural gas carriers.