Seoul: Daewoo Shipbuilding & Marine Engineering (DSME) penned an agreement to build two 173,400 cubic meter LNG carriers with options for three more units for Teekay LNG Partners.

Singapore: Singapore LNG Corporation (SLNG) has procured the country's first LNG shipment from Qatargas Operating Company Limited and the cargo will be used to cool down and commission the new LNG terminal.

Kuala Lumpur: MISC reported a 39.1% in third quarter profit hit by its offshore heavy engineering business.  

Singapore: Singapore is commencing a feasibility study on the possibility of building a second liquefied natural gas (LNG) terminal to meet future demands.

Singapore: Golar LNG Ltd has opted for Keppel Shipyard to develop its first floating LNG production vessel (FLNGV).

Singapore: Singapore may build a second LNG terminal in view of anticipated strong demand for the environmentally-friendly fossil fuel, said S Iswaran, minister in the prime minister's office and second minister for home affairs and trade & industry.

Hong Kong: Bernhard Schulte Shipmanagement (BSM) has bagged contracts to manage three LNG carrier newbuildings for Thenamaris LNG Inc.

Taipei: TMT Co was reported as saying it may convert four very large ore carriers (VLOCs) into liquefied natural gas (LNG) tankers as it argues with BHP Billiton on charter rates.

Canberra: Classification society DNV and nine members of the Australian maritime, port and energy sectors have established a four-month study to assess requirements for LNG bunkering in Australia.

Hong Kong: Hong Kong, as usual among the first movers, may see its ferry and other marine transport operators becoming the first in Asia to adopt LNG-powered vessels.