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Saturday, November 16, 2019

Sembcorp Marine’s Sembawang Shipyard raises stakes in Kakinada JV

Posted to Sembcorp Marine’s Sembawang Shipyard raises stakes in Kakinada JV (by Joseph Fonseca) on August 8, 2011

Sembcorp Marine’s wholly owned subsidiary Sembawang Shipyard has exercised its option to increase its shareholding in Sembmarine Kakinada Ltd (SKL), a joint venture between Sembawang Shipyard and Kakinada Seaports Limited, from 19.9% to 40% of the joint venture’s initial investment of US$50 million…

Spratly war a bad idea, especially for Vietnam

Posted to Far East Maritime (by Greg Knowler) on June 16, 2011

In this case, a string of islands. The remote, rocky and barely habitable Spratly Islands in the South China Sea. Less than two square miles of islands scattered over 165,000 square miles of ocean. WTF, as my kids say. The Spratlys are claimed by China…

Reduced cylinder oil consumption

Posted to Marine Propulsion Report (by Keith Henderson) on April 6, 2010

The present economic squeeze on the shipping industry is forcing operators to look to new ways to keep costs as low as possible. Running a diesel engine requires fuel and there is not much that can be done to reduce fuel costs if the same power output is required from the engine.