Asia
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China urges Sri Lanka to restart port project
Beijing: China has urged Sri Lanka to review the $1.5bn port city project following the project suspension by the new…
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Nam Cheong secures pair of orders
Kuala Lumpur: Malaysian offshore shipbuilder Nam Cheong has announced that it has sold two vessels worth around $58m. Singapore’s Marco…
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FSRU to reach Karachi’s Port Qasim today
Karachi: A Floating Storage and Re-gasification Unit (FSRU), leased by Pakistan’s gas importer Elgro Elengy to convert super-chilled methane into…
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Singapore Shipping Corporation charters PCTC to NYK
Singapore: Singapore-listed Singapore Shipping Corporation (SSCL) has fixed a term loan facility of up to $77m with an unspecified Japanese…
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Gas production starts at Pelikan
Jakarta: Energy firm Premier has revealed gas production from the Pelikan field in the Natuna Sea Block A, offshore Indonesia…
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Keppel offloads controlling stake in UK offshore tech firm
Singapore: Amid a period of low oil prices that are hitting its bottom line, Keppel Corporation, the parent of one…
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ClassNK: Innovation role
Tokyo: The chairman of Japanese classification society, ClassNK, Noboru Ueda, discusses with Maritime CEO today in an exclusive interview the…
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KrisEnergy takes over Vietnam offshore block
Singapore: KrisEnergy has announced that it is increasing its working interest in Block 105 and taking over operatorship following the…
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Indian Railways to implement dedicated freight corridors
New Delhi: Coastal shipping in India will have received a minor setback, following the sanction accorded by the Railways Ministry…
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Incois unveils new product to curb ships’ fuel consumption
Hyderabad: Shipping companies can lower the fuel consumption of their vessels plying on some key sea lanes, thanks to a…
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Adani Enterprises in talks to sell its Australian coal
Ahmedabad: Diversified business conglomerate Adani Enterprises is in advanced talks with power firms and traders in different countries for selling…
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Paradip port signs deal for multipurpose berth
Paradip (Odisha): The Paradip Port Trust (PPT) has signed a concession agreement with Paradip International Cargo Terminal (PICT) for the…
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Triyards scores $175m in new contracts
Singapore: Triyards has secured deals for two ice-class multi-purpose support vessels (MPSVs) as well as a turret fabrication job worth…
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Vessel catches fire off Vung Tau
Ho Chi Minh City: General cargo vessel Golden 168 (9,106dwt, built 2008) caught fire early Sunday morning while docking off…
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KS Energy lands Indonesia contract for jackup rig
Singapore: Singapore offshore firm KS Energy has announced that its Indonesian subsidiary, PT Atlantic Oilfield Services together with its joint…
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Shippers doubt government’s claims that Manila port is free of congestion
Manila: Claims by the government that port operations in the capital have returned to normal after 13 months of disruption…
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Sri Lanka suspends Chinese port project in Colombo
Beijing: The Sri Lankan government has ordered the suspension of a $1.5bn Chinese-backed port city project in Colombo claiming that…
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EMAS Offshore issues new notes
Singapore: Oslo and Singapore listed EMAS Offshore has announced that it will be looking to raise $500m in funds, establishing…
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Petrobras scandal could drag Samsung Heavy Industries into the spotlight
San Francisco: The corruption scandal swirling around Brazil’s state-controlled oil giant Petrobras could be about to thrust one of the…
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Handy and supramax dry markets make a comeback, capes still dead
London: The handysize, supramax and panamax dry cargo shipping markets have sprung back to life, but the capesize market continues…
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