Asia
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HMM inks deal to bunker methanol and LNG at Shanghai Port
South Korea’s flagship carrier HMM has signed a memorandum of understanding (MoU) with Shanghai International Port Group (SIPG) to cooperate…
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Seatrium bags $260m worth of repair, upgrade and conversion deals
The contracts, worth an aggregate of S$350 million ($259m), include work on various types of vessels such as FSRUs, FPS,…
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Drydel places first bulker order under new brand
Greek bulker player Drydel Shipping has contracted its first newbuild since changing its name from Meadway Shipping and Trading adding…
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Hanwha Ocean taps SBM veteran to head up its offshore business
Hanwha Ocean has appointed Philippe Levy, the former president of SBM Offshore Americas, as president of its offshore business. The…
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Austal knocks back takeover bid from Hanwha Ocean
Top management at Australian shipbuilding group Austal has rejected a $662m bid from South Korea’s Hanwha Ocean, citing regulatory worries. …
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MOL unveils maintenance robot
Mitsui OSK Lines has unveiled a maintenance robot it has been developing with other Japanese companies including Sumitomo Heavy Industries. …
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Northern Drilling refused permission to appeal Hanwha ruling in cancelled drillships case
John Fredriksen-backed rig investment company, Northern Drilling, has been denied the right to appeal an arbitration decision that favoured Daewoo…
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Mooreast and Bourbon Offshore win French floating wind gig
Singapore-listed Mooreast has partnered with Bourbon Offshore to provide mooring drag anchors to the 30MW Eolmed offshore floating wind project…
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Great Eastern Shipping continues tanker fleet rejuvenation
Indian owner Great Eastern Shipping has struck a deal to sell its 2004-built MR product tanker Jag Pahel, making room…
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Modec wins work on Shell’s Gato do Mato FPSO
Japanese floater expert Modec has won a front-end engineering and design (FEED) deal for a floating production, storage, and offloading…
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Two former Sembcorp Marine execs in court over Brazil bribery probe
Two former executives from Sembcorp Marine were charged in court last week with corruption offences relating to a long running…
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Swedish vertical axis floating wind turbine developer targets Japanese market
Swedish energy-tech company SeaTwirl has teamed up with Sumitomo Corporation Power & Mobility Co to bring its vertical-axis offshore floating…
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Pioneer Logistics orders six ultramaxes at Jiangsu Hantong
Singapore-based owner and operator Pioneer Logistics has contracted for its first bulk carrier newbuilds. The company’s bulker unit has commissioned…
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Korea’s top shipbuilder teams with Germany’s largest semiconductor manufacturer
HD Korea Shipbuilding & Offshore Engineering (KSOE), which oversees South Korean shipbuilding giant Hyundai, is looking at every form of…
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Sanctions see Russian tanker fleet in ballast
There is now clear data to show that sanctions are hurting Russian seaborne exports of crude. As of a month…
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MOL invests in American marine battery developer
MOL PLUS, the investment arm of Japan’s largest shipowner, Mitsui OSK Lines (MOL), is buying into Fleetzero, an American developer…
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McDermott bags offshore contract in Malaysia
Houston-based offshore contractor McDermott has struck a deal with PTTEP Sabah Oil for offshore transportation, installation and commissioning work at…
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Sinokor takes Euronav VLCCs
South Korea’s Sinokor Merchant Marine is staying active in the secondhand market with another play in the VLCC sector. The…
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Final ruling in long battle over the will of Evergreen founder
The will of Chang Yung-Fa, the founder of the Taiwanese global liner Evergreen, to leave all his deposits, stocks, and…
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BW snaps up Stena Bulk LNG carrier brace
BW Group’s gas shipowner BW LNG has bolstered its fleet with the acquisition of two LNG carriers from Swedish tanker…
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