Hoegh LNG Bags FSRU Deal in Chile
Oslo-based Höegh LNG said it has signed an Floating Storage and Regasification Unit (FSRU)contract with Chilean Octopus LNG for the Penco-Lirquén LNG import terminal to be located in Concepción Bay…
Busan: Tugboat Sinks, Two Dead
Two crew members died after their tugboat sank in waters off the southeastern port city of Busan in Korea, Yonhap reports quoting the authorities. The accident took place around 12:30 p.m.
Bangladesh at Front of Shipbreaking Activity
There has been a firm level of ship demolition activity in the first four months of 2015 and the two largest owner regions, Asia/Pacific and Europe account for 88% of the tonnage sold for recycling…
Tanker Demand Picks-up in Canada
Canada’s role in the oil industry has changed dramatically in recent years driven by synthetic crude oil production in the oil sands of Alberta. New plans for Energy East…
Cruise-Container Hybrid Ship Makes Debut
Aranui 5, a cruise ship / container ship hybrid, will make its maiden voyage from Tahiti to the Marquesas Islands in the South Pacific Ocean at the end of November 2015.
CNPC Eyes Myanmar for LNG Terminal
China's biggest oil and gas company China National Petroleum Corp.(CNPC ) has expressed interested in a terminal in Kyaukphyu in Myanmar to receive imported Liquefied natural gas (LNG).
Tsuneishi Seeks Foothold in Indonesian Shipyard Business
Japanese shipbuilding and maritime transport company Tsuneishi Holdings has expressed a commitment to invest up to $40 million to open ship repair services in Indonesia, reports The Jakarta Globe.