Asia
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FSL Trust offloads another vessel
Singapore’s First Ship Lease Trust has sold 2003-built 1,221 teu containership vessel for $6.2m. Proceeds from the sale will be…
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ONE finally gets approval to start operating
The Japanese can crack open the magenta paint today as the final regulatory approval was crossed in the creation of…
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Evergreen charters a dozen 11,000 teu ships from Shoei Kisen
Taiwanese owner Evergreen Marine has entered into contracts with Japan’s Shoei Kisen Kaisha for a total of twelve 11,000 teu…
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Govind Ramanathan departs from PCL Shipping
Managing director Govind Ramanathan has resigned from Singapore’s PCL Shipping as well as his board role at another Kuok company,…
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Major fire breaks out on Seven Islands Shipping MR tanker
A major fire broke out on yesterday evening around 6pm onboard 2000-built MR tanker while it was anchored off Kandla, India. The…
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Video captures moment MOL ethane carrier comes close to major disaster
Mitsui OSK Lines (MOL) is in trouble in Egypt where 11-month old fully laden ethane carrier grounded and collided into…
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Deal with Maersk and MSC cost HMM a quarter of its liner capacity
Hyundai Merchant Marine’s (HMM) deal to work with the two liner giants of the 2M vessel sharing agreement (VSA) has…
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Ofer’s XT takes K Line cape
XT Shipping, the joint venture between Idan Ofer and Udi Angel, has bagged one of the first capes reported sold by…
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Great Eastern offloads supramax
India’s Great Eastern Shipping Company has sold 2003-built supramax . The company did not reveal the buyer or price,…
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FSL Trust offloads chemical tanker for $13.8m
Singapore’s First Ship Lease Trust has sold 2006-built chemical tanker FSL Tokyo to an unnamed party for $13.8m. Splash understands the buyer to be India chemical…
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The future of port operations
Andy Lane from CTI Consultancy gets a glimpse of new shore-side technology while visiting an exhibition in Singapore. Container handling…
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Chios Navigation contracts first newbuild since 2012
Brokers tell Splash that Greece’s Chios Navigation has ordered its first newbuilding in six years, shaking hands with yard representatives…
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MOL completes takeover of Dutch crewing firm
Japan’s largest shipping line, Mitsui OSK Lines (MOL), has taken full control of European manning company Azalea Maritime. The Dutch…
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Ezra Holdings gets chapter 11 extension
Singapore’s Ezra Holdings has been granted an extension by the United States Bankruptcy Court giving it until February to file a plan of reorganisation. Ezra…
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Imabari takes over Minaminippon Shipbuilding
Imabari Shipbuilding, Japan’s largest shipbuilder, has reached an initial agreement to take over domestic shipyard Minaminippon Shipbuilding. Under the agreement,…
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Singapore highlights connectivity, innovation and talent as key for its maritime development
Not likely to rest on its laurels anytime soon, Singapore has mapped out its maritime future for the coming decade.…
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Ultra Deep Solutions takes option to continue DSCV fleet expansion
Singapore-based subsea vessel operator Ultra Deep Solutions has exercised an option at China Merchants Heavy Industries for a dive support…
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Cochin Shipyard takes over Mumbai repair facilities
Cochin Shipyard has signed an MoU with Mumbai Port Trust to manage and operate the port’s ship repair facilities. As…
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Ocean Infinity in $70m gamble to locate missing MH370 aircraft
Houston-based Ocean Infinity stands to make up to $70m if it can track down the missing MH370 plane in the…
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Wilhelmsen Ship Management moves HQ to Singapore
Malaysia-based manager Wilhelmsen Ship Management is relocating its global headquarters to Singapore. The company said the move will take place…
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