Asia
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Pelindo to get government funds
Jakarta: Indonesia’s central government has announced plans yesterday to inject around $4bn into state-linked companies including the infrastructure sector as…
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Rare success for Vinalines in ports IPO series
Hanoi: Vinalines is a celebrating a rare success in its roll out of port IPOs as mandated by government. Despite…
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ICTSI in share buyback scheme
Manila: Terminal operator International Container Terminal Services Inc (ICTSI) is buying shares held by minority shareholders of subsidiary Royal Capital…
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Ezra’s London Marine Consultants wins FPSO contract
Singapore: Offshore services company Ezra Holdings has announced that its subsidiary, London Marine Consultants (LMC), has been awarded a $110m…
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Otto Marine linked to giant AHTS order
Shanghai: China Shipbuilding Industry Co (CSIC) announced that its affiliated shipyard, Wuchang Shipbuilding Industry, has signed shipbuilding contracts with a…
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Another Meratus ship banned from calling Australia
Jakarta: Meratus Lines has suffered the ignominy of seeing one its ships banned from calling at Australian ports for three…
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Ship sinks off Camiguin
Manila: A cargo vessel capsized in the vicinity of Camiguin last Friday, the Philippine Coast Guard reported. All 28 crewmembers…
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Oil field off Palawan ready for drilling
Manila: Thailand’s RMA West Linapacan is gearing up to redevelop the West Linapacan oil field after signing a contract with…
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Octobuoy construction cancellation costs Cosco S$90m
Singapore: Cosco (Nantong) Shipyard has opted to cancel construction of the hull and the topside module it is building for…
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Thai LNG imports could reach 3m tonnes in 2015
Bangkok: Declining pipeline supply from Myanmar could cause PTT, Thailand’s national oil and gas company, to increase its imports of…
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Ezra’s EMAS AMC wins $105m Australian subsea contract
Singapore: Offshore operator Ezra Holdings has announced that its subsea division, EMAS AMC, has secured a construction contract with Apache…
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PT Wintermar plans vessel acquisition
Jakarta: PT Wintermar Offshore Marine has prepared a capital expenditure of $50m this year to finance the purchase of four…
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PSA Marine expands into the Middle East
Singapore: PSA Marine Qalhat SAOC (PSAMQ), a joint venture company formed between PSA Marine and Golden Dunes International, will commence…
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Vietnam port sales fail to attract interest
Hanoi: Vinalines’ efforts to sell off tranches of its ports via IPOs have been a failure to date. The government…
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Tanjung Offshore sets up independent committee after Bourbon deal fails
Kuala Lumpur: Tanjung Offshore has set up an independent committee to “review and make recommendations on matters arising from recent…
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Singapore Exchange queries JES International’s share price movement
Singapore: The share price of Singapore-listed JES International Holdings increased by a sudden 24.2% today, prompting a query from the…
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Viking Airtech names new MD and COO
Singapore: Viking Airtech, part of Singapore-listed Viking Offshore and Marine, has reshuffled its executive board and appointed a new managing…
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Triyards secures liftboat orders
Singapore: Offshore equipment fabrication and engineering yard Triyards Holdings has announced that it has started the year with two new…
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PIL and CSCL introduce China-West Africa service
Shanghai: China Shipping Container Lines (CSCL) and Pacific International Lines (PIL) have teamed up on a new China-West Africa service…
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PIL and CSCL introduce China-West Africa service
Shanghai: China Shipping Container Lines (CSCL) and Pacific International Lines (PIL) have teamed up on a new China-West Africa service…
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