Asia
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Sembcorp Marine secures FSO conversion contract
Singapore: Sembcorp Marine has announced today that its Sembawang Shipyard has secured a Floating Storage and Offloading (FSO) conversion contract…
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Scandal over new container terminal at Hambantota
Colombo: The Sri Lankan shipping industry is aghast at the news that not a single shipping line has as yet…
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Pan Ocean unveils $785m new share placement scheme
Seoul: South Korea’s Pan Ocean has released details of its rehabilitation plan which will see it push through a new…
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Tankers coming under attack once a fortnight in SE Asian waters
Singapore: Latest figures from the International Maritime Bureau show ships are being hijacked in Southeast Asian waters on average once…
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Preparation key to fuel regulatory changes
Shipping knows only too well the difficulties of handling fuel and lubes in 2015’s cluttered, complex seas. Managing fuel and…
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Near term outlook grim: Sea Asia Global Forum
Singapore: The mood was mixed among panellists at the Sea Asia Global Forum this morning. The lead start to the…
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Singapore transport minister calls for greater global maritime collaboration
Singapore: With international trade set to grow dramatically in the coming generation on the back of rising middle classes around…
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Pak govt’s dawdling would allow Engro to encash bank guarantee on April 21
Islamabad: Engro Corporation has become eligible to encash on April 21 a $50m bank guarantee provided by gas utility Sui…
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ICS chairman warns on risks of regional splintering for shipping
Singapore: Shipping is in danger of splintering along regional lines, a senior name in the industry warned today. Addressing members…
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Supreme Court puts Chennai port in the dock on dusty cargo
Chennai: The Chennai Port Trust (ChPT) has been directed by India’s Supreme Court to come up with a comprehensive proposal…
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New Delhi exempts vessel sharing pacts from ambit of competition watchdog
New Delhi: The Indian shipping industry has been spared an irritating bureaucratic procedure, with the Indian government exempting vessel sharing…
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Human Rights at Sea takes aim at the Maritime Labour Convention
London: Human Rights at Sea has today launched a new campaign, stressing that the Maritime Labour Convention is, in its…
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MMA Offshore spots a weekend double
Singapore: Australian offshore services company MMA Offshore has had a busy weekend, completing two urgent spot fixtures for anchor handling…
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Singapore Maritime Week underway
Singapore: The tenth edition of Singapore Maritime Week was officially opened on Sunday afternoon by the minister for transport, Lui…
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Demographic danger facing Singapore
On the face of it Singapore is doing a fine job in future proofing its transport infrastructure whether it be…
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ONGC, OIL and BPCL to invest $12bn in Mozambique gas field
Mumbai: Indian public sector enterprises Oil & Natural Gas Corporation (ONGC), Oil India Ltd (OIL) and refiner Bharat Petroleum Corporation…
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HMM negotiates dry bulk fleet sale with Taiwanese securities house
Seoul: The Seoul Economic Daily reports that Hyundai Merchant Marine (HMM) has entered negotiations with Taiwan securities house Yuanta to…
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SCI puts its container division on six-month probation
Mumbai: Seriously concerned at the extremely low profits turned out by the container sector in its portfolio, Shipping Corporation of…
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ABG Shipyard to bring in equal partner by August
Mumbai: India’s largest private sector shipbuilder ABG Shipyard is in talks with local and overseas companies to divest 50% of…
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Keppel boss says no rigs ordered ‘across the board’ in the first quarter
Singapore: The dramatic fall in oil prices has seen no oil rigs ordered “across the board” in the first quarter,…
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