Asia
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Sanko sells last ship
One of the most famous names in Japanese shipowning history, Sanko Steamship, has let go of its last ship. The…
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Swire Bulk sells its two oldest ships
Broking reports show Singapore’s Swire Bulk has let go of its two oldest ships. Swire Bulk, which boasts one of…
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Latsco contracts four LR2s in South Korea
Greece’s Latsco Shipping has booked four LR2 tankers at Hyundai Mipo Dockyard in South Korea. Industry sources have identified the…
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Grindrod secures up to $113m in debt refinancing
Grindrod Shipping has struck a deal for an $83m loan with Nordea Bank and SEB Bank (Singapore). The Singapore-based bulker…
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Kyrgyzstan joins the International Maritime Organization
The Kyrgyz Republic has become the latest state to join the International Maritime Organization (IMO). Kyrgyzstan, a landlocked Central Asian nation, has…
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CIP and PetroVietnam link up for renewable energy projects
Danish fund manager Copenhagen Infrastructure Partners (CIP) and state-run energy firm PetroVietnam have teamed up to accelerate the energy transition…
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Yang Ming, HMM and ONE urged to collaborate with MSC
Business consultants at AlixPartners have suggested the remaining members of THE Alliance should attempt to form a vessel sharing agreement…
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New Korean engine brand unveiled
Hanwha Ocean, the Korean yard formerly known as Daewoo Shipbuilding & Marine Engineering, has unveiled a new subsidiary, Hanwha Engine,…
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TEN books shuttle tanker newbuild in South Korea
Greek owner Tsakos Energy Navigation (TEN) has returned to Samsung Heavy Industries for more shuttle tankers. Shipbuilding sources have listed…
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Larsen & Toubro bags ONGC order for offshore project
The hydrocarbon business of Indian engineering conglomerate Larsen & Toubro (L&T) has secured an order from compatriot state-owned Oil &…
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Perdana Petroleum wins multiple vessel contracts
Malaysian OSV operator Perdana Petroleum has secured work for five vessels from Petronas Carigali worth in total of around $14.4m.…
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MOL and Allianz take Volkswagen to court over sinking of Felicity Ace car carrier
The shipowner of the Felicity Ace and its insurer have filed separate lawsuits in Germany against Volkswagen over the blaze…
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Non-alliance liners double market share on Asia-Europe over the past year
The market share of non-alliance liners operating in the Asia-Europe tradelane has doubled in the space of one year. New…
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RightShip adds sanctions data to platform
Ship vetting platform RightShip is giving subscribers a much needed insight into sanctioned companies and ships. RightShip is integrating London…
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Inpex taps Fugro for Abadi LNG marine survey deal
Japanese oil and gas major Inpex has awarded Fugro a marine survey contract for the Abadi liquefied natural gas (LNG)…
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Hanwha Ocean wins Qatari LNG carrier orders
Qatar Energy’s fleet expansion scheme proceeds apace with a contract signed this week for 12 LNG carriers with Hanwha Ocean,…
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Hafnia buying back five ships
Product tanker giant of Singapore’s BW Group, Hafnia, has revealed a series of vessel repurchases on the back of record…
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MOL seals charter for Korean LNG newbuild
Mitsui OSK Lines (MOL) has signed a long-term charter contract for a newbuilding LNG carrier with Tokyo LNG Tanker (TLT),…
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NYK unveils how it plans to get its car carriers to comply with new Californian emissions rules
A giant black pipe will be inserted into the funnels of Nippon Yusen Kaisha (NYK) car carriers calling at ports…
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Kim Heng and Mansam team up on offshore wind projects
Singapore offshore vessel operator and marine engineering player Kim Heng is expanding its footprint in the offshore wind services sector…
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