Asia
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Mercator looks to split dredging from core shipping business
Private Indian shipowner Mercator is looking at splitting its shipping and dredging businesses into separate entities. The company said the…
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Ezion suspends share trading, seeks restructuring
Ezion Holdings looks like it has become the latest Singapore-listed casualty of the offshore downturn, suspending its shares today while…
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Bumi Armada scores Lukoil Caspian Sea subsea contract
Malaysia’s Bumi Armada has signed a supplementary agreement with Lukoil via subsidiary Bumi Armada Caspian for additional engineering, procurement, construction…
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HMM not out of the woods yet with $112m second quarter loss
While most of its container shipping rivals have managed to turn around results for the second quarter, South Korea’s Hyundai…
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MMC in talks to acquire stake in Sabah Ports
Malaysia’s MMC Corporation has confirmed that the company is now in talks with Suria Capital Holdings to acquire a stake…
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Indian OSV detained in Aberdeen likely to be sold to recover crew wages
A Scottish court has ruled that the 12 stranded Indian crew on the OSV in Aberdeen will likely be able…
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Nam Cheong served with $16.4m writ of summons by AmBank
Malaysian offshore shipbuilder Nam Cheong has been served a writ of summons by AmBank in the High Court of Malaysia claiming…
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Oldendorff Carriers picks up ultramax from Mitsubishi
Sources tell Splash that the German giant Oldendorff Carriers has just added an ultramax. The company knows the ship well…
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Lawsuit against Petronas LNG plant in Canada continues despite cancellation
Even though Petronas last month cancelled its planned liquefied natural gas (LNG) export facility in British Columbia, groups opposed to…
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Korean carriers must consolidate further to survive: Alphaliner
South Korea’s 14 container carriers coming together on intra-Asia trades will not be enough for them to compete in today’s…
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Calls return for Kra Canal feasibility study
A centuries-old Southeast Asian canal project is being dusted off once again. Plans to create a waterway through southern Thailand’s…
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India eyes methanol as bunker alternative
India is looking to promote the development of methanol as a marine fuel, so that it is not reliant on…
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Creditors brace for huge losses as Hanjin liquidation raises just 2.1% of total claims
The trustee overseeing Hanjin Shipping’s bankruptcy proceedings has warned creditors that the Korean line has managed to raise just $220m…
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Theresa May urged to help in the search for missing Stellar Daisy crew
Theresa May, the British prime minister, is being urged to help out in the ongoing search for the missing 22…
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Shelf Subsea takes Miclyn Express Offshore DSV on two-year charter
Australia’s Shelf Subsea has snapped up Miclyn Express Offshore’s Indonesian-flagged dive support vessel on charter for a period of two years.…
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Great Eastern adds first aframax of the year
Splash can reveal the identity of the 2009-built tanker India’s Great Eastern Shipping announced it had bought last week. Greek…
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Drunk captain of Swire MPP arrested in New Zealand
The captain of Swire Shipping MPP was arrested for being intoxicated on Friday at Northport in New Zealand, Voxy.co.nz reports.…
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Liberty House in discussions to acquire ABG Shipyard
Liberty House Group, the UK-based global metals and engineering firm controlled by billionaire Sanjeev Gupta, is in discussions to buy…
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Mitsui & Co looks to invest in Nicaragua ports infrastructure
Japanese trading giant Mitsui & Co is looking into possible investment in several ports in Nicaragua. Talks between Mitsui, represented…
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Petronas awarded share of shallow-water block in Gulf of Mexico
A week after one of its subsidiaries cancelled plans for a multibillion-dollar liquefaction plant in British Columbia, Malaysian energy giant…
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