Asia
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PSA enters joint venture to operate new China container terminal
Athens: Singapore’s PSA International has signed a joint-venture agreement with Beibu Gulf Port Group (BPG) and Pacific International Lines (PIL)…
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Indonesia now capable of handling newcastlemaxes
Jakarta: Indonesia’s transport minister opened the nation’s largest bulk terminal today. Belonging to state run coal miner, PR Bukit Asam,…
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ST Marine corruption scandal snares another official
Singapore: Singapore Technologies Engineering (ST Engineering) has announced today that Patrick Lee, the former group financial controller of ST Marine,…
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Adani gets Vizhinjam green light
Mumbai: The local government in Kerala has given Adani Ports and Special Economic Zone Limited (APSEZ) the green light to…
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Loyz Energy to take over Primeline Engery
Singapore: Singapore-listed Loyz Energy has announced that it has entered into a binding memorandum of understanding for the acquisition of…
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Tanjung Offshore wins two-year Petronas contract
Kuala Lumpur: Tanjung Offshore has put months of instability behind it, announcing that it has been awarded a construction work…
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Excelerate Energy cancels plans for $2bn FLNG order at Samsung Heavy
Athens: Houston-based Excelerate Energy has nixed its plans to order a $2bn floating liquefaction storage and offloading (FLSO) unit from Samsung Heavy…
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PDZ diversifies into LPG production
Kuala Lumpur: Malaysia’s PDZ Holdings is looking to diversify its earnings away from container shipping to LPG. The intra-Asia operator…
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Myanmar’s offshore infrastructure dilemma
As Myanmar moves from the signing off of PSC agreements and the oil and gas majors commence seismic and 3D…
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New Delhi studying cabotage changes
Mumbai: In a move bound to excite foreign shipowners, New Delhi has confirmed it is studying changing its cabotage laws,…
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Hyundai Mipo taps bonds market for first time since 2001
Seoul: For the first time in 14 years South Korea’s Hyundai Mipo Dockyard is tapping the bonds market to raise…
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India joins Paris MoU’s White List
Paris: India is the big mover on the just published Paris MoU list of registries performance. India has climbed into…
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Lancang and Mekong shipping channel to be upgraded
Shanghai: China has reached a consensus with Thailand, Laos and Myanmar on an international shipping development plan on the Lancang…
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Svitzer forms joint venture in Malaysia
Athens: Salvage company Svitzer has established itself in Malaysia via a new joint venture (JV) with local company SVR Marine Services.…
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Swire Shipping and Rickmers-Linie combine to connect through Middle East
Singapore: In the latest in a series of partnerships among the established names in the breakbulk sector, Swire Shipping has…
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Curse of the ‘death ship’ strikes again
Sydney: A Filipino seafarer was helicoptered off the Sage Sagittarius coal carrier today suffering severe abdominal pains. The ship has…
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Dae Sun wins boxship order
Seoul: Dae Sun Shipbuilding & Engineering has won an order for an 1,800 teu ship from Dongjin Shipping. Dae Sun…
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Two vessels hijacked off Malaysia
Athens: Armed pirates hijacked a product tanker off Malaysia on Thursday, sailing it to where it met another vessel, where…
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Saigon Port to launch IPO on June 30
Hanoi: The Ho Chi Minh City Stock Exchange has announced the initial public offering (IPO) of Saigon Port will be…
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SCI told to buy secondhand LNG tonnage
Mumbai: Shipping Corporation of India (SCI) has been tasked by the nation’s shipping minister, Nitin Gadkari, to seek out secondhand…
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