Asia
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MES pays €164m for German gas tech firm
Some of the biggest names in Japanese shipbuilding are nailing their colours to the mast of gas carriers. With China…
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Namsung takes two more boxships at Hyundai Mipo
Hyundai Mipo Dockyard will build two feeder boxships for fellow South Korean firm Namsung Shipping. The 1,600 teu ships will…
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Cochin Shipyard to expand
India’s Cochin Shipyard Limited (CSL) is to expand. The shipbuilder has announced plans to build a new large drydock as…
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Two Gujarat shipbreakers deemed HK Convention-compliant
In a big boost to India’s green shipbreaking credentials two recycling yards have been deemed by Japanese class society ClassNK…
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Daiichi Chuo files for bankruptcy
As first reported by Splash last week, Daiichi Chuo Kisen Kaisha, Japan’s fifth largest shipping line, has filed for bankruptcy,…
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Chiyoda and Ezra move closer
Singapore’s Ezra Holdings’s proposed subsea services joint venture with Japan’s Chiyoda Corporation has moved a step closer with a binding…
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Nissen Kaiun sells its best cape
Several brokers report that the Japanese bulker specialist Nissen Kaiun has shed one of its best capesizes. The one-year-old Japanese…
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Mitsubishi Heavy streamlines Nagasaki operations
One of Japan’s most prestigious shipyards has outlined plans for the future of its Nagasaki operations, a move that will…
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Wisdom takes Namura handies
Ordering counter cyclically Taiwan’s Wisdom Marine is back in Japan for a pair of 34,000 dwt bulkers at Namura Shipbuilding.…
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Nikko Kisen sells cape
Several broking sources report Kobe-headquartered bulker specialist Nikko Kisen has just offloaded its oldest cape, the nine-year-old 177,656 dwt, Shagang…
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Singapore deputy PM outlines recruitment packages at record-breaking SSA dinner
Teo Chee Hean, Singapore’s deputy prime minister, received a rousing round of applause last night when announcing a further raft…
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Jumeirah Offshore orders two diving support vessels at Huangpu Wenchong
Singapore-based Jumeirah Offshore has signed shipbuilding contracts with CSSC-affiliated Huangpu Wenchong Shipyard for the construction of one diving support vessel…
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EMAS Offshore appoints new CEO
Offshore services provider EMAS Offshore has announced that it has appointed Adarash Kumar as its new chief executive officer, effective…
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Electromagnetic Geoservices wins survey contract in offshore India
Electromagnetic Geoservices (EMGS) has been granted a two-year permit to acquire 3D electromagnetic (EM) multi-client data within a 325,000-square-km area…
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Shipping on alert as rumours swirl around Daiichi Chuo
Following hot on the heels of last week’s demise of Global Maritime Investments (GMI), shipping is braced for a potential…
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Emerging Vietnamese tanker player in for another chemical carrier
Emerging tanker player Truong Phat Loc Shipping (TPL) has been linked as the buyer of the Yellow Ray, a small…
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Vietnam requires shipping firms to publicise freight tariffs
The Vietnamese government has announced that it is considering implementing a new decree that would require shipping companies to publicise…
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Hanjin Heavy cancels Golden Union cape pair
Two capesizes due to built for Greek firm Golden Union at Hanjin Heavy Industries & Construction’s shipyard in the Philippines…
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Nissen Kaiun in discussions to offload cape
Japan’s Nissen Kaiun is selling the 177,640 dwt Bulk India. The owner is in close negotiations with an unidentified Greek…
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Aurora’s Kenny Rogers roasts ecoships
The two-tier market for earnings caused by ecoships could come to an end if bunker prices remain low, a senior…
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