Asia
-
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 » -
ADNOC orders nine AHTSs at Sinopacific
Athens: Abu Dhabi National Oil Company (ADNOC) has placed an ordered with China’s Sinopacific Shipbuilding for nine anchor handling tug supply…
Read More » -
Trio roll out Stones FPSO project
Tokyo: Nippon Yusen Kaisha (NYK) is investing in its fourth FPSO. The Japanese line has teamed up with compatriot Mitsubishi…
Read More » -
MMC Corporation ups stake in Northport
Kuala Lumpur: Malaysia’s MMC Corporation has increased its stake in NCB Holdings, who run container terminals at Northport in Port…
Read More » -
Former Vinashin official bought 40 properties with embezzled money
Hanoi: Intriguing details have emerged of the scale of embezzlement by the latest man captured for his links to corruption…
Read More » -
Korea takes steps to stay ahead of the shipbuilding pack
Seoul: Korea Inc is going all out to try and protect its leading position in world shipbuilding. The public and…
Read More » -
DSME shares slide 30% as offshore losses stack up
Seoul: The collapse in offshore activity has taken a massive hit at giant South Korean yard Daewoo Shipbuilding & Marine…
Read More » -
Heerema semi-submersible crane vessel order at Jurong Shipyard confirmed
Singapore: Having put pen to paper on an LOI in March, Sembcorp Marine has confirmed the $1bn contract with Heerema…
Read More » -
Pioneer Marine goes with V.Ships
Singapore: Pankaj Khanna led Pioneer Marine has appointed V.Ships for the technical management of its entire fleet. V.Ships said that…
Read More » -
Call to move Sri Lankan shipping channel south to save whales
Colombo: A non-government organisation (NGO) has called for containerlines to slow down when transiting south Sri Lanka and to transit…
Read More » -
Epic Gas completes private placement
Singapore: Epic Gas has completed a $50m private placement directed towards existing shareholders. After close of the subscription period on…
Read More » -
Icon Offshore gets work for two AHTS vessels
Kuala Lumpur: Malaysian offshore support vessel operator Icon Offshore has received two letters of award from an oil major to…
Read More » -
Toxic gas kills three Vietnamese crew off Malaysia
Kuala Lumpur: Five Vietnamese crew have reported to have been exposed to toxic gas onboard the bulk carrier Hiram in…
Read More » -
SapuraKencana wins giant Indian contract
Kuala Lumpur: A subsidiary of SapuraKencana Petroleum has been awarded with a $273m lump sum contract by India’s Oil and…
Read More »