South & Central Asia
Maersk Line to Launch New Asia-USWC Service
Danish shipping company Maersk Line plans to set up a new service between Asia and the United States West Coast, the TP1 service, effective September 15, 2016. As part of the service, six vessels with a capacity of 4,000 TEU would be deployed per week. The TP1 service will be part of the 2M alliance
Pacific Radiance settles PSV dispute with two Chinese shipyards
Singapore’s offshore vessel supplier Pacific Radiance has reached a settlement with two Chinese shipyards regarding a dispute over construction contracts for two platform supply vessels (PSVs). To remind, in June 2016, Pacific Radiance’s wholly owned subsidiary Pacific Crest issued notices of arbitr
HR Wallingford: Creating Tsunami Waves in the Laboratory
Hydraulic engineering specialists, HR Wallingford, unveiled their latest generation tsunami simulator, the most realistic yet, at their facilities at Howbery Park, Wallingford, Oxfordshire, today. The Tsunami Simulator, which is installed in HR Wallingford’s Fast Flow Facility, is being part-funded
COSL slaps Primeline with arbitration notice
China Oilfield Services Limited (COSL) has started arbitration proceedings against a subsidiary of oil and gas company Primeline Energy before the China International Economic and Trade Commission (CIETAC). Primeline said on Tuesday that the arbitration against its subsidiary Primeline Energy Operat
Stranded Oceanlinx WEC removal begins
The works on removing the stranded Oceanlinx wave energy converter has started this week off the coast of Australia.
Oil edges up; gains limited amid scepticism over freeze deal
By Osamu Tsukimori TOKYO (Reuters) – Oil prices erased early losses to trade higher on Wednesday partly due to a weaker dollar, but gains were limited as market participants remained sceptical producers would reach an agreement to freeze output to rein in a global supply glut. London Brent crude for
ABS to Approve GE COGES System for New LNG Carrier Design
GE’s Marine Solutions and China’s Hudong-Zhonghua Shipbuilding have received approval in principle (AIP) from the America Bureau of Shipping (ABS) for a jointly developed liquefied natural gas (LNG) carrier design to be powered by GE’s Combined Gas Turbine Electric and Steam (COGES) system. The 178,
DNV GL, Peace Boat Team Up on Ecoship Development
Classification society DNV GL and Peace Boat, the Japan-based international non-profit NGO, inked a memorandum of understanding (MoU) at SMM maritime trade fair in Hamburg on September 6, forming a partnership to develop the Ecoship cruise ship. According to DNV GL, the MoU will see the partners wor
GE, Hudong-Zhonghua LNG carrier design granted ABS approval in principle
GE’s Marine Solutions and Hudong-Zhonghua Shipbuilding on Tuesday received the approval in principle (AIP) from the America Bureau of Shipping (ABS) for a jointly developed LNG carrier design.
MSI: Container Lines Shift Focus from Technology to Flexibility
Container lines have shifted their focus towards alliance structures for operational efficiency, rather than relying on large scale technological innovation, according to research and consultancy firm Maritime Strategies International (MSI). With container lines continuing to seek cost savings, MSI
LR, HHI, HMD Team Up on STS LNG Bunkering Study
International classification society Lloyd’s Register (LR) and South Korean shipbuilders Hyundai Heavy Industries (HHI) and Hyundai Mipo Dockyard (HMD) have signed a joint development project (JDP) to produce a ship-to-ship (STS) liquefied natural gas (LNG) bunkering compatibility study. The study i
NYK Line, Partners Launch New Brand for LNG Bunkering
Japanese shipping company Nippon Yusen Kaisha (NYK Line) along with French multinational electric utility company ENGIE and Japan’s Mitsubishi Corporation have launched Gas4Sea, a new brand for their joint marketing of liquefied natural gas (LNG) as a marine fuel. The parties said that Gas4Sea aims