Asia
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Dragged anchor causes massive oil spill off Borneo
An unnamed Panamanian flagged coal carrier stands accused of causing a massive 13,000 ha oil spill off Borneo this week.…
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Samudera Shipping offloads another
Indonesian owner Samudera Shipping continues its plans to offload older vessels by selling the Sinar Emas, an 18-year-old oil tanker.…
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Seoul’s new shipping package will see 200 more ships ordered by 2020
South Korea’s Ministry of Oceans and Fisheries today unveiled its mid-term restructuring plan for the nation’s shipbuilding and shipping sector,…
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K Line cops car carrier cartel fine Down Under
Japan’s Kawasaki Kisen Kaisha (K Line) has pled guilty to criminal cartel conduct, the Australian Competition and Consumer Commision (ACCC)…
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Jakarta to ditch controversial coal and palm oil shipping ruling until 2020
The Indonesian government has taken the decision to postpone until 2020 controversial plans to make all exports of coal and…
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DSME secures orders for VLCC pair
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering has secured a deal for the construction of two VLCC tankers from…
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Maybulk to offload stake in POSH
Malaysian Bulk Carriers (Maybulk), controlled by tycoon Robert Kuok, has proposed to dispose of its entire 21.23% stake in loss-making…
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Indian owners up in arms over possible cabotage changes
Indian shipowners are threatening a mass exodus from the national flag if cabotage rules are eased. Indian owners have long…
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Great Eastern Shipping adds another gas carrier
India’s Great Eastern Shipping has signed a contract to acquire a 2007-built very large gas carrier, its second gas ship…
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Varun fleet to be auctioned
Six LPG carriers belonging to Yudhishthir Khatau-led Varun Resources are to be auctioned, bringing a close to a dreadful chapter…
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Three to ONE: Japan’s Ocean Network Express starts operating
To little fanfare the world’s newest containerline officially started operations Sunday. Ocean Network Express (ONE), the liner giant created by…
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Gulf Navigation fails in bid to take over Atlantic Navigation
Dubai-based Gulf Navigation has not followed through with its move to acquire a majority stake in struggling OSV operator Atlantic…
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India blacklists UAE firms with a history of crew abandonment
India has blacklisted a number of UAE-based crew agents and shipping lines, which have abandoned crew over the last couple…
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UN targets 27 ships for aiding North Korea
The United Nations Security Council has announced new sanctions against North Korea, blacklisting 27 ships, 21 companies and one businessman…
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Korea Line confirms VLCC order at DSME
Korea Line has officially placed an order at compatriot shipyard Daewoo Shipbuilding & Marine Engineering (DSME) for the contruction of…
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Yoo given another three years at the helm of HMM
At a shareholders’ meeting in Seoul, C K Yoo, the CEO of Hyundai Merchant Marine (HMM) has been granted another…
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Emas Offshore PSV contract terminated by Standard Chartered
Singapore offshore firm Emas Offshore, part of Ezra Holding, has announced that it has received a notice of termination from…
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Ocean Network Express: Jeremy Nixon ready for April ONE
Neatly bookending a key chapter in his career, Maritime CEO has the last interview with Jeremy Nixon ahead of Sunday’s…
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PIL founder retires
Y C Chang, the founder of Singapore’s Pacific International Lines (PIL), is handing the chairmanship of the company he founded…
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Splash TV: Bullish bulk outlook
Is dry bulk at another false dawn or does the much maligned sector finally have some legs? That was the…
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