Asia
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Ceylon Shipping says it was ripped off by China when procuring ultramax pair
An investigation in Sri Lanka has concluded the nation’s state-run shipping line was ripped off by the Chinese in procuring…
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Sembcorp Marine terminates Petroleum Teknologi jackup pair
Singapore’s Sembcorp Marine has announced that its subsidiary yard PPL Shipyard has terminated contracts with Malaysia’s Perisai Petroleum Teknologi for…
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Chang Myung finally finds a buyer for seven-year-old cape
South Korea’s Chang Myung Shipping has finally sold the seven-year-old cape having had the 179,000 dwt bulker in the shop…
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HMM confirms orders for up to 10 VLCCs and two boxships
A year to the day since compatriot Hanjin Shipping went at its expense, South Korea’s Hyundai Merchant Marine (HMM) announced…
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Southeast Asian remote inspection company formed
Singapore-based M3 Marine Group and Indonesia’s ROV Inspeksi are collaborating to form a new remote inspection company. The new company,…
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Hyundai Mipo shutters one of its four drydocks
Hyundai Mipo Dockyard has suspended operations at one of its four drydocks through to the end of the year as…
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Rampant Southeast Asian boxport expansion questioned
Boxport rivalry in Southeast Asia could be set to get a whole lot more intense with recent news from Kuala…
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Kra backers rebrand project as the Thai Canal with marketing picking up for ambitious Asian waterway
The backers of the Kra Canal are stepping up marketing, rebranding the centuries-old project as the Thai Canal and will…
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Post-Hanjin reality, one year on
Does anyone still remember the excitement of Maersk’s EEE (18,340 teu) coming into service in 2015? Any passion still left…
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Noble Group readies sale of oil and LNG units
With its debts ballooning embattled Noble Group, an Asian commodities giant, will likely offload its oil and LNG units next…
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Two suppliers lose bunker licenses in Singapore
The Maritime and Port Authority of Singapore (MPA) has announced that it will not be renewing the bunker supplier licences…
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Sinokor acquires VLCC from JX Ocean
South Korean owner Sinokor Merchant Marine has acquired 298,400dwt VLCC from Japan’s JX Ocean according to VesselsValue. The portal reveals…
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Vinalines and Rent-A-Port to develop grain port at Hai Phong
Vietnam National Shipping Lines (Vinalines) and Belgian company Rent-A-Port have signed a memorandum of understanding to cooperate in building a…
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Nine detained as authorities investigate STX blast
Nine men from STX Offshore & Shipbuilding and its subcontractors were detained by South Korean authorities as part of investigations…
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Swan Energy orders FSRU at Hyundai Heavy Industries
India’s Swan Energy has announced that subsidiary Triumph Offshore has executed a shipbuilding contract with Hyundai Heavy Industries for the…
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Wilmar snaps up supramax pair from Norr Systems
Singapore’s Wilmar Ship Holdings has acquired two supramax bulk carriers from compatriot company Norr Systems. According to broking sources, the…
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Samra Midas merges SM Line, Korea Shipping Corporation and Woobang Engineering & Construction
The parent of new Korean container carrier SM Line will bolster the liner’s financials by folding two other companies into…
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Last payouts made at defunct Rickmers Maritime Trust
Rickmers Maritime Trust has been wound up with the last payments made to unsecured creditors, leaving many investors out of…
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Charter fixed for the world’s largest FSRU
The world’s largest FSRU – due to be delivered in a couple of months – has found a charter in…
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PetroVietnam ready to liquidate Dung Quat Shipyard
State-run energy firm PetroVietnam is prepared to liquidate a loss-making shipyard it owns. In a report filed to the trade…
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