501 results found for 'china vietnam'

501 results found for 'china vietnam'
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  • Chinese ships crash into Vietnamese vessels amid offshore rig dispute

    7 May 2014

    Vietnamese government claims that China has deployed as many as 80 ships, including seven military vessels, and even aircraft to the area in the South China Sea where CNOOC has deployed its semi-submersible drilling rig  HD-981. Vietnam said that the move by the Chinese oil company was illegal. The information was released by Rear Admiral Ngo […]

  • Vietnam to China: Rig deployment in Vietnamese waters illegal

    7 May 2014

    Vietnam has asked China to withdraw its offshore drilling rig from Vietnamese territorial waters calling the deployment of the rig in the South China Sea area illegal. Vietnam’s Deputy Prime Minister, FM Pham Binh Minh on Tuesday made a phone call to Chinese State Councilor Yang Jiechi after China deployed the drilling rig and vessels in […]

  • Eni pens PSCs for two blocks off Myanmar

    31 March 2015
    Business & Finance, Project & Tenders

    Italian oil and gas company Eni, following its participation in the competitive International Bid Round launched by the Republic of the Union of Myanmar, signed two Production Sharing Contracts (PSC) for offshore blocks MD-02 and MD-04. The contracts were signed in Nay Pyi Taw, in the presence of the country’s Energy Minister. The Joint Venture […]

  • ZIM Stays in Black

    20 August 2015
    Business & Finance

    Israel’s shipping company ZIM reported a net profit of USD 23 million for the second quarter of 2015, compared to a loss of USD 50 million in the same quarter last year. The company kept its positive results from the first quarter when it posted a sharp improvement in its business results as its non-GAAP net profit stood […]

  • ZIM Stays in Black

    20 August 2015
    Business & Finance

    Israel’s shipping company ZIM reported a net profit of USD 23 million for the second quarter of 2015, compared to a loss of USD 50 million in the same quarter last year. The company kept its positive results from the first quarter when it posted a sharp improvement in its business results as its non-GAAP net profit stood […]

  • ZIM Steams Back to Profit

    21 May 2015
    Business & Finance

    Israeli shipping company ZIM posted a sharp improvement in its business results for the first quarter of 2015 recording a non-GAAP net profit of USD 35 million, compared to a USD 4 million loss in the last quarter and a USD 53 million loss in the parallel quarter in 2014. The operating cash flow in Q1 […]

  • Italy: Wartsila Tests New Gas Engine Technology to Comply with IMO Tier III Emission Limits

    23 September 2011
    Business & Finance

    Wärtsilä, the marine industry’s leading solutions provider, has successfully tested its new low-speed gas engine technology in trials conducted at the company’s facilities in Trieste, Italy. The tests were carried out on September 19 in conjunction with Wärtsilä’s Licensees Conference in Trieste. Wärtsilä successfully demonstrated that the engine performance fully complies with the upcoming IMO […]

  • Wartsila Successfully Tests Low-Speed Gas Engine Technology at Company’s Facilities in Italy

    23 September 2011

    Wärtsilä, the marine industry’s leading solutions provider, has successfully tested its new low-speed gas engine technology in trials conducted at the company’s facilities in Trieste, Italy. The tests were carried out on September 19 in conjunction with Wärtsilä’s Licensees Conference in Trieste. Wärtsilä successfully demonstrated that the engine performance fully complies with the upcoming IMO […]

  • Vietnam: PM calls for peace over China’s drilling rig dispute

    15 May 2014

    Vietnam’s Prime Minister Nguyen Tan Dung has urged the Ministry of Public Security to ensure security of people and assets in the country, especially those of foreign investors, following this week’s riots in which several factories were set on fire. The protests are being held in response to China’s deployment of a semi-submersible offshore drilling rig in […]

  • Wartsila and GMD Sign Licence Agreement for Manufacture and Sale of 2-Stroke Engines in China

    19 July 2011

    Wärtsilä Corporation, the marine industry’s leading solutions provider, and CSSC Guangzhou Marine Diesel Co.Ltd (GMD), a member of the state-owned China State Shipbuilding Corporation (CSSC) Group, have jointly signed a licence agreement for the manufacture and sale of Wärtsilä 2-stroke engines in China. It covers the entire engine portfolio with a power range of between […]

  • Vietnam: Factories set on fire in response to China’s offshore rig deployment

    14 May 2014

    China’s deployment of an oil rig in disputed waters of the South China Sea has driven protests in Vietnam in which several foreign factories have been set on fire by protesters. According to Vietnamese media reports, thousands of workers in the country’s southern parts are staging violent anti-China protests, after Beijing earlier this month deployed the […]

  • TE SubCom to Deliver AAE-1 Submarine Cable

    23 April 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    The AAE-1 Consortium, owners of the Asia-Africa-Europe-1 submarine cable spanning approximately 25,000 km connecting Asia, Middle East, Africa and Europe, and TE SubCom, a TE Connectivity Ltd. company, announced that the contract for the majority of segments of the AAE-1 system has come into force. AAE-1 will link Asia, the Middle East, Africa and Europe […]

  • CMA CGM closes USD 815 Mn sale of eight port terminals to Terminal Link

    26 March 2020
    Business & Finance, Infrastructure, Ports & Logistics

    CMA CGM has completed a first transaction related to the sale of eight port terminals to Terminal Link.

  • CMA CGM Closes USD 815 Mn Sale of Eight Port Terminals to Terminal Link

    26 March 2020
    Business & Finance

    CMA CGM has completed a first transaction related to the sale of eight port terminals to Terminal Link.

  • Vietnam claims China’s rig drilling in disputed waters. China denies wrongdoing

    20 January 2016
    Exploration & Production

    Vietnam’s Ministry of Foreign Affairs (MOFA) has warned China to withdraw its drilling rig from the disputed sector of the South China Sea. China quickly responded that the rig was not located in the disputed waters and urged Vietnam to meet it half way in resolving the issue.  MOFA has been tracking the movement of the […]

  • Damen reports delivery of a range Stan Tugs (type Stu 1606) to Jan de Nul

    23 March 2010

    Dredging giant Jan De Nul can clearly see the benefits of the DAMEN Stan Tug 1606 – often dubbed the workhorse of the industry – with 11 Stan Tugs joining its fleet in the last few years. In 2008, Jan De Nul placed an order for five additional Stan Tugs and this had followed quickly […]

  • NEC Wins S1H Cabling Work for AAE-1 Submarine Project

    9 October 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    The consortium behind the Asia-Africa-Europe 1 (AAE-1) submarine cable system project, connecting Asia, the Middle East, East Africa and Europe, have signed a supply contract with NEC Corporation for the S1H segment, representing the Thailand-to-Vietnam-and-Hong Kong section of the network. The supply contract has come into force as of October 8, 2014. This milestone announcement […]

  • Carriers Not Cashing In on Intra-Asia Container Trade Surge

    22 May 2017
    Business & Finance

    Container traffic within Asia is flying according to trade statistics, but carriers are yet to feel the benefit, shipping analysts at Drewry say. As reported last week, container traffic surged ahead in the first quarter of 2017 by an estimated 10% thanks in large part to a rapid escalation in intra-regional volumes, particularly within Asia. […]

  • Isle of Man Boosts its Presence in Asia with Appointment of Surveyor

    12 April 2011

    The Isle of Man ship Registry has significantly boosted its presence in Asia with the appointment of Geoff Hutcheon (pictured) as its Surveyor in Singapore to serve shipowners in the growing Asia Pacific markets. Geoff Hutcheon will be based in Singapore to cover the statutory requirements for ISM/ISPS/ILO and Flag State Inspections (FSI) on merchant […]

  • APM Terminals’ Cai Mep Transforming Vietnamese Ports

    6 July 2012
    Business & Finance

    Cai Mep International Terminal (CMIT) has been operational for only a year and despite having five competing terminals within the Cai Mep port area, CMIT will handle close to 600,000 TEU in 2012, representing 50% of the volumes currently moving through the port. “Our productivity has already reached world-class levels regularly exceeding 40 crane moves […]

  • Report: Vietnam drilling in contested waters of South China Sea

    7 July 2017

    Vietnam has reportedly started an offshore drilling operation in the contested waters of the South China Sea. According to BBC, Talisman Vietnam, a subsidiary of the Spanish oil company Repsol has begun exploratory works in a block also claimed by China. The company is reportedly using Odfjel Drilling’s Deep Sea Metro I drillship for the […]

  • Report: Spanish oil company stops Vietnam drilling amid China pressure

    26 July 2017
    Exploration & Production

    Spanish oil giant Repsol has reportedly stopped drilling for oil and gas in the Vietnamese waters, after China’s alleged threats. BBC has this week reported, citing an industry source, that Vietnam ordered Repsol to cease its drilling operations in the part of the South China Sea claimed both by China and Vietnam, as China had […]

  • Chinese flee Vietnam after rig dispute spurs violence

    20 May 2014

    China is withdrawing its citizens from Vietnam, following last week’s clashes and riots which saw several foreign factories torched by Vietnamese workers protesting against CNOOC’s deployment of an offshore rig in the contested area of the South China Sea. Starting from May 17, the Chinese side has organized chartered planes and ships to Vietnam to bring […]

  • China’s offshore rig move in disputed waters undermines peace, US says

    8 May 2014

    China’s decision to introduce an oil rig accompanied by numerous government vessels for the first time in waters disputed with Vietnam is provocative and raises tensions, said Jen Psaki, the spokesperson for the United States Department of State. Psaki, a former spokesperson for U.S. President Barack Obama, said: “This unilateral action appears to be part of a broader […]

  • Wartsila Successfully Tests New 2-stroke DF Gas Engine Technology (Italy)

    23 September 2011

    Wärtsilä, the marine industry’s leading solutions provider, has successfully tested its new low-speed gas engine technology in trials conducted at the company’s facilities in Trieste, Italy. The tests were carried out on September 19 in conjunction with Wärtsilä’s Licensees Conference in Trieste. Wärtsilä successfully demonstrated that the engine performance fully complies with the upcoming IMO […]