Asia
-
China boxline sets up in Thailand
Shanghai: The private Chinese container shipping line, SITC, has announced that SITC Logistics, a wholly-owned subsidiary of the company, has…
Read More » -
Swissco investigates S$2.58m company fraud
Singapore: Singapore-based offshore marine services provider Swissco Holdings has informed the shareholders of the misappropriation of S$2.58m ($2m). The money…
Read More » -
APL Logistics buys Indian rail freight subsidiary
Singapore: APL Logistics, part of Singapore-listed Neptune Orient Lines, has acquired the remaining 24% shareholding in India Infrastructure & Logistics…
Read More » -
Indonesia boosts seaport development with $81m investment
Jakarta: Indonesian Transportation Minister Ignasius Jonan has launched the development of 20 non-commercial seaports to improve the connectivity throughout the…
Read More » -
MOL Logistics opens new office in Vietnam
Ho Chi Minh: MOL Logistics, part of Japan's Mitsui OSK Lines, has set up a new office in Quang Ninh…
Read More » -
Former ST Marine president charged by court
Singapore: See Leong Teck, the former president of shipbuilder Singapore Technologies (ST) Marine has been charged with corruption. He is…
Read More » -
Tanjung Offshore cancels Bourbon takeover deal
Kuala Lumpur: Low oil prices have forced Malaysia-listed Tanjung Offshore to cancel its plans to take over Bourbon Far East,…
Read More » -
SBI Offshore to supply drill equipment for offshore rig
Singapore: Singapore-listed SBI Offshore has signed a memorandum of understanding (MOU) with China Sunrise Group (CSG) to supply drilling equipment…
Read More » -
Nam Cheong secures two AHTS orders
Singapore: Malaysian offshore shipbuilder Nam Cheong has announced that it has secured sale contracts for two anchor handling towing supply…
Read More » -
Otto Marine signs AHTS sale and leaseback deal
Singapore: Singapore-listed offshore shipbuilder and operator, Otto Marine, announced that its shipyard division has sold an anchor handling tug supply…
Read More » -
Gazprom inks LNG agreement
Singapore: Gazprom Marketing & Trading Singapore, the Asian trading arm of the Russian energy giant, has signed a four-year LNG…
Read More » -
TTA proposes rights offering
Bangkok: Thoresen Thai Agencies has approved a capital increase proposal through a Rights Offering (RO), pending shareholder approval. The funds…
Read More » -
NCB vows to fight corruption
Port Klang: Port and logistics operator NCB Holdings Bhd (NCB) has signed a corporate integrity pledge with its subsidiaries to…
Read More » -
Mekong countries invest in transport infrastructure
Bangkok: The six counties bordering the Mekong river have agreed to use 90% of the $30bn regional development fund to…
Read More » -
Former OW Bunker manager arrested
Singapore: A former manager at bankrupt bunker supplier OW Bunker has been arrested in Denmark, the Danish public prosecutor said.…
Read More » -
Former OW Bunker manager arrested
Singapore: A former manager at bankrupt bunker supplier OW Bunker has been arrested in Denmark, the Danish public prosecutor said.…
Read More » -
Does shipping need so many brokers? Give us your opinion
Singapore: Over the festive period we are launching our regular annual Future of Shipping Poll, the results of which will…
Read More » -
Vinalines completes value assessment ahead of IPO
Hanoi: Vietnam Shipping Lines Corporation (Vinalines) has completed its value assessment ahead of its initial public offering (IPO) next year.…
Read More » -
Vinalines completes value assessment ahead of IPO
Hanoi: Vietnam Shipping Lines Corporation (Vinalines) has completed its value assessment ahead of its initial public offering (IPO) next year.…
Read More » -
PaxOcean buys CSS Derwent in Hallin Marine settlement
Singapore: Shipyard PaxOcean has bought the compact semi-submersible (CSS) Derwent after Hallin Marine cancelled its shipbuilding contract with the yard.…
Read More »