51916 results
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Business & Finance, Vessels
In pursuing efforts to gain international expansion, IHC Merwede is looking forward to declaring the acquisition of several Asian shipyards in the upcoming quarter, Reuters reports. The global market leader for efficient dredging and mining vessels and equipment, IHC Merwede is well equipped for future expansion. Earlier this year, the company secured the financial backing […]
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The cruise industry in Asia is growing at a record pace and shows no signs of slowing down, according to Cruise Lines International Association’s (CLIA) 2016 Asia Cruise Trends study. Furthermore, the study shows that the Asian source markets experienced the most growth year over year in ocean cruise passengers with a 24 percent increase from 2014 to […]
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Asian Lift, a joint venture between Keppel Offshore & Marine (Keppel O&M) and Smit Singapore, a member of the Boskalis Group of Companies, has named today, May 15, 2015, the Asian Hercules III. According to the company, the Asian Hercules III is the largest and most versatile heavy-lift sheerlegs of its kind in the world. […]
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The new units, Spirit of Kolkata and Spirit of Chennai, started their charter deals with Mediterranean Shipping Company.
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Dipping demand seems to have pushed East Asian front-month spot LNG prices to their lowest levels since March 2011. However, traders anticipate a strong rebound in early negotiations for deliveries over the coming winter, according to ICIS, a petrochemical market information provider. “The August ‘14 EAX contract was assessed for the last time on […]
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Spot LNG prices in Asia have been pushed down to US$5.40 per mmBtu over the week as the demand for May cargoes declined.
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Spot LNG prices in Asia have jumped for the third week running as the demand from Japan and South Korea remained strong.
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Offshore service contractor Java Offshore has recently completed the acquisition of a majority stake in Asian Geos from both Gardline Geosciences and Helms Geomarine. Asian Geos is a specialist offshore geotechnical and geophysical service provider within the Asia Pacific market. Java Offshore said on Monday that the acquisition will enhance its existing portfolio of services […]
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With Asia’s dynamic, robust and increasingly affluent economies helping to keep the international shipping industry buoyant, “the need for a unified Asian voice has never been more important”, Esben Poulsson, Honorary Secretary of the Singapore Shipping Association told delegates at the influential Connecticut Maritime Association (CMA) conference this week. Speaking on “The Fast And Furious […]
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Asian LNG market is set to receive a $10 billion public-private push from Japan, the world’s largest importer of liquefied natural gas.
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Keppel Offshore & Marine Ltd (Keppel O&M), through its wholly-owned subsidiary, Keppel Nantong Shipyard Co. Ltd (Keppel Nantong) in China has secured a contract worth S$143 million to build a heavy lift sheerleg crane vessel for Asian Lift Pte Ltd (Asian Lift). Scheduled to be completed in 3Q 2013, the 5,000-tonne floating crane will be […]
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Mingde Heavy Industry has launched the biggest stainless steel chemical tanker ever built in Asia. The length of this vessel is 183m, with 28.4m width, 15.2m depth and 10m draft, powered by single propeller, low speed diesel engine for unrestricted navigation, with dead weight of 30,000T. The cargo area is divided into 28 cargo tanks. […]
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Keppel Offshore & Marine Ltd (Keppel O&M), through its wholly-owned subsidiary, Keppel Nantong Shipyard Co. Ltd (Keppel Nantong) in China has secured a contract worth S$143 million to build a heavy lift sheerleg crane vessel for Asian Lift Pte Ltd (Asian Lift). Scheduled to be completed in 3Q 2013, the 5,000-tonne floating crane will be […]
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Keppel Offshore & Marine Ltd (Keppel O&M), through its wholly-owned subsidiary, Keppel Nantong Shipyard Co. Ltd (Keppel Nantong) in China has secured a contract worth S$143 million to build a heavy lift sheerleg crane vessel for Asian Lift Pte Ltd (Asian Lift). Scheduled to be completed in 3Q 2013, the 5,000-tonne floating crane will be […]
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In 2017, 66 cruise ships are being deployed in Asian waters, a 53 percent growth since 2013 when only 43 ships were cruising in Asia, a new report released by the Cruise Lines International Association (CLIA) finds. Five of these are mega ships (more than 3,500 passenger capacity), 13 are large (2,000 to 3,500 passengers), 26 […]
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Asian liquefied natural gas spot prices for November and December delivery were flat this week as buying… (reuters) [mappress] Source: reuters, October 21, 2011
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MV BBC Aramis (3.490 dwt / Geared, Komarno type -General Cargo Vessel) has been delivered to her new South Asian Buyers. The buyers purchased their first BBC vessel in December 2011 and repeated that prosperous endeavor by adding MV BBC Aramis to their fleet most recently. BBC Aramis was built in Slovakia in 2004 by […]
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2017 was another year of exceptional growth for Asian cruise market.
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Asian liquefied natural gas (LNG) spot prices for December delivery were flat this week as milder weather and plentiful inventories depresse… (reuters) [mappress] Source: reuters, November 4, 2011; Image: bp
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The cruise industry in Asia is experiencing a double-digit growth with all-time-high numbers of cruise ships, passengers and ports in the region, according to the 2014 Asia Cruise Trends study commissioned by the Cruise Lines International Association (CLIA). Passenger capacity grew at a 20 percent compound annual growth rate since 2013, and is expected to reach almost 2.2 […]
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PetroAsian said that the company acquired the LNG company Perfect Reward at an aggregate consideration of $950 million.
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The piracy activity and armed robbery against ships in Asia has seen a slight increase in January 2016 when compared to previous months, Asian piracy watchdog ReCAAP ISC said in its latest report. A total of nine actual incidents of armed robbery against ships were reported in Asia in January, while there were no piracy incidents […]
