Asia News


How Will China's Clampdown on Mislabelled Cargoes Affect Sanctioned Oil?

May 04, 2023

Chinese customs authorities are stepping up inspection checks on cargoes of heavy crude oil after uncovering several Iranian shipments that were mislabelled as diluted bitumen in an effort to bypass import quotas.The checks, begun a month ago…

MISC Unveils 'Green' FPSO Design

May 03, 2023

MISC, a Malaysian provider of offshore energy solutions and facilities, on Tuesday unveiled what it called a 'future-ready Newbuild Floating Production Storage & Offloading (NBFPSO) Unit' at OTC Houston 2023. 'It is the world’s first NBFPSO…

Singapore Ammonia Bunkering Gets Reality Check from Port Authority, Industry

May 02, 2023

Top global ship fuelling hub Singapore is unlikely to be ready for ammonia bunkering by the end of this year, Singapore's Maritime and Port Authority (MPA) said, while industry players have also raised concerns about feasibility. The port authority's…

Pertamina Hulu Energi Plans $1.4B Indonesian IPO with June Debut - Sources

Apr 28, 2023

The upstream arm of Indonesia's state energy company Pertamina, Pertamina Hulu Energi, plans to debut on the local bourse in June, after raising at least 20 trillion rupiah ($1.36 billion), two sources with direct knowledge of the matter told Reuters…

Singapore's First Ammonia Ship-to-ship Transfer Targeted By 2023-end

Apr 27, 2023

Singapore's first ship-to-ship transfer for ammonia could take place by end-2023, the Global Centre for Maritime Decarbonisation (GCMD) said on Thursday, as the city-state prepared to introduce new fuels for ships.Ammonia is one of several fuels…

CIMC Delivers Jack-up Rig to COSL

Apr 27, 2023

Chinese drilling rig builder CIMC Raffles has delivered the Wan Zuan 3 jack-up rig for operation by COSL in China.The Wan Zuan 3 jack-up drilling rig of F&G SUPER M2 design can operate in a water depth of 300 ft and drill to a depth of 30,000 ft…

Bumi Armada Sells Armada Claire FPSO

Apr 26, 2023

Malaysian FPSO leasing company Bumi Armada said Tuesday it had completed the sale of the Armada Claire floating production storage and offloading vessel. The FPSO was sold by Bumi Armada's subsidiary, Armada Balnaves.'The Armada Claire sale was on an “as is where is” basis…

LR Grants AIP for Ammonia FSRU

Apr 25, 2023

A new ammonia floating storage regasification unit (FSRU), the first of its kind in Korea, has been awarded approval in principle (AIP) from Lloyd’s Register (LR), the classification society announced Tuesday.Developed by HD Hyundai Heavy Industries…

Crew Transfer Vessel Arrives in Japan to Serve Ishikari Bay New Port Offshore Wind Project

Apr 25, 2023

A new crew transfer vessel (CTV) for the Ishikari Bay New Port offshore wind farm in Hokkaido Prefecture arrived in Japan from Singapore on April 19, Japan's NYK has informed. The vessel is named “Rera As.”After completing its sea trials, the…

Tankers Face Delays at China's Shandong as Customs Hold Up Mislabelled Cargoes

Apr 21, 2023

Tankers delivering to ports in China's Shandong province are facing delays discharging their oil due to orders for tighter customs inspection checks after several Iranian cargoes were declared as diluted bitumen, traders said.Crude oil, unlike bitumen…

Japan Receives First Low-carbon Ammonia Shipment from Saudi Arabia

Apr 21, 2023

Japan received its first low-carbon ammonia cargo from Saudi Arabia on Friday, which it plans to use for co-firing with fossil fuels to reduce carbon emissions, a joint statement from the four companies involved in the deal said. Energy-poor Japan wants to add hydrogen and ammonia to its energy mix…

Shell Launches Its First Electric Ferry at Singapore Plant

Apr 17, 2023

Shell Plc on Monday launched its first electric ferry globally at its Singapore refinery and said it would work with the city-state's port authority to cut emissions from ships.The move is a step towards meeting the Singapore port authority's…

Britain Wants to Take Part in Japan's Offshore Wind Development

Apr 17, 2023

Britain wants to take part in developing Japan's offshore wind power via options ranging from the participation of its energy companies to providing financing and insurance, Energy Security Secretary Grant Shapps told Reuters. The Group of Seven…

World's Largest FSRU Arrives in Hong Kong

Apr 14, 2023

The world's largest floating storage and regasification unit (FSRU) has arrived in Hong Kong to serve the city's first liquefied natural gas (LNG) import terminal, said CLP Power Hong Kong Ltd and Hong Kong Electric Co. Ltd.The FSRU arrived…

TGS, DUG Start 2nd Phase of Peninsular Malaysia 3D Reprocessing Project

Apr 13, 2023

Norway-based offshore seismic data firm TGS on Thursday announced the start-up of the 20,347 square kilometers Peninsular Malaysia Stage 2 Regional 3D reprocessing. This second phase of the Peninsular Malaysia reprocessing project is part of…

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