Asia
-
Sinwa: The importance of value added services
Singapore: The company that is more creative in developing value added services for its clients is more likely to find…
Read More » -
Cosco and China Shipping expected in Sihanoukville in blow to neighbouring Vietnamese ports
Hanoi: Vietnam’s phalanx of new boxports, already suffering huge losses from underutilisation, are set to take another pummelling with a…
Read More » -
Keppel Shipyard wins third Golar FLNG contract
Singapore: Keppel Offshore & Marine has announced this morning that Keppel Shipyard has signed a $684m contract with Golar LNG…
Read More » -
Bharati Shipyard admits it is a ‘sick industrial unit’
Mumbai: One of India’s top shipyards has conceded it is in a financially ruinous position. Bharati Shipyard warned today that…
Read More » -
Phillippines amends cabotage law to allow international competition
Manila: The president of the Philippines Benigno Aquino III today signed the country’s new Competition Act and amendments to its cabotage…
Read More » -
Golar LNG gets $960m financing for Golar Hilli FLNG conversion
Athens: Golar LNG has secured up to $960m in financing for its GoFLNG unit Golar Hilli from CSSC (Hong Kong) Shipping Co, a…
Read More » -
Japan’s Tsuneishi Zosen yard books six aframaxes and two bulkers
Athens: The past week has been a busy one for orders at Japan’s Tsuneishi Zosen shipyard, which has booked separate orders…
Read More » -
Pan Ocean seeks end of court rehab
Seoul: Under its new owners, the rejuevenated Korean line Pan Ocean has filed with a court in Seoul to finish…
Read More » -
Korean banks rush to help out debt-laden DSME
Seoul: Korean banks are rushing to the aid of one of the nation’s top shipyards. Daewoo Shipbuilding & Marine Engineering…
Read More » -
Korea to develop own LNG containment system
Seoul: Korea Inc is finally getting around to developing its own LNG containment system, something that has been discussed for…
Read More » -
Offshore gamble hurting Korean trio
It was around a decade that Korean’s big three shipbuilders – Hyundai Heavy Industries (HHI), Samsung Heavy Industries (SHI) and…
Read More » -
DataStreamX: AIS revolution
Singapore: SpaceQuest has partnered with DataStreamX to distribute real-time, streaming satellite AIS data on 200,000 ships online through the DataStreamX…
Read More » -
Harim Group rings the changes at Pan Ocean
Seoul: Management changes have been made at South Korea’s Pan Ocean now that poultry processor Harim Group has completed its…
Read More » -
NOL says no decision has been made on its sale yet
Singapore: Singapore’s Neptune Orient Lines (NOL) was forced to issue a release via the Singapore Exchange late last night regarding…
Read More » -
NOL’s potential deals – reading between the lines
NOL’s wording in its press announcement today does seem to confirm the press reports last week of a potential sale…
Read More » -
Vallianz secures new contracts worth $458m
Singapore: Offshore vessel operator Vallianz Holdings has announced that it has signed new contracts, valued up to $458m, that has…
Read More » -
Malaysian Bulk Carriers vessel evacuated, one seafarer dead
Kuala Kumpur: A Malaysian Bulk Carriers bulk carrier, MV Alam Manis (55,652 dwt, built 2007) was evacuated at sea yesterday due…
Read More » -
PMSCs linked with arms smuggling in SE Asian waters
Kuala Lumpur: Private maritime security companies transiting Malaysian waters need to be careful. A local newspaper claimed today that a…
Read More » -
Shreyas adds two more boxships
Mumbai: Fast expanding Indian boxline Shreyas Shipping and Logistics has added two more ships to its fleet. Shreyas, a subsidiary…
Read More » -
NOL reportedly up for sale
Singapore: Singapore’s Neptune Orient Lines (NOL) is up for sale, according to The Wall Street Journal. Singapore’s sovereign wealth fund,…
Read More »