Asia
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Swissco Holdings: Rig synergies
Singapore: It has been a very busy year for Singapore offshore operator Swissco Holdings with the acquisition of rig operator…
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Hanoi determined to change perception of local shipbuilding industry
Hanoi: The Vietnamese government is now clearly trying to put the embarrassing financial fall of its main shipyard group behind…
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EA Technique appoints RHB Investment Bank for IPO exercise
Kuala Lumpur: Malaysian shipowner EA Technique has signed an underwriting agreement with RHB Investment Bank for its proposed IPO on…
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Sabah well to be plugged
Kuala Lumpur: Lundin Petroleum has completed the Kitabu-1 well located in Blocks SB307/SB308, offshore Sabah, Malaysia. Objectives of the Kitabu-1…
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Jasper flotel sale falls through
Singapore: Singapore-listed Jasper Investments announced that a deal to sell the accommodation vessel Jasper Cosmopolitan in Yiulian Shipyard to Singapore’s…
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Berlian Laju Tanker sells vessels to repay debt
Jakarta: Oil and gas shipping firm PT Berlian Laju Tanker has sold off three vessels worth $6.6m to repay debts…
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Dynamic Oil Trading files for liquidation
Singapore: Dynamic Oil Trading, the Singapore subsidiary responsible for bankrupting OW Bunker, has filed for liquidation following sister company OW…
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XMH to acquire majority stake in Z-Power Automation
Singapore: Singapore-listed XMH Holdings, a marine propulsion solution provider, has announced that it has entered into a sale and purchase…
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Labuan Liberty Port Management eyes business in Puerto Princesa
Kuala Lumpur: Port operator Labuan Liberty Port Management is in talks with the local governments of Davao and Palawan for…
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Mermaid Marine Australia changes name
Singapore: Australian offshore firm Mermaid Marine Australia has received shareholder approval to change its name to MMA Offshore. The change…
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Pacific Radiance secures $140m charter contract
Singapore: Offshore vessel operator Pacific Radiance Ltd. has announced that is has secured a long term charter contract for one…
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Dialog Group and Petronas Gas to jointly develop LNG project
Kuala Lumpur: Malaysian energy services firm Dialog Group has announced that it would work with Petronas Gas on a $807m…
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Miclyn Express Offshore acquires Hallin vessel
Singapore: Offshore support vessel operator Miclyn Express Offshore (MEO) has announced today that it has added to its fleet by…
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Northport bows to customer concerns and cancels prayer breaks
Kuala Lumpur: Northport has bowed to customer pressure and quickly canned a planned prayer break at its terminal. Shipping lines…
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Malaysian PM vows to study Sabah Port upgrade proposal
Kuala Lumpur: Prime Minister Datuk Seri Najib Tun Razak has said his administration will look at Sabah’s proposal to ramp…
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Berlian McDermott secures Petronas contract
Kuala Lumpur: TH Heavy Engineering (TH Heavy) 30%-owned unit Berlian McDermott Sdn Bhd has secured a contract from PC Kelapang…
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Hurdles in creation of single ASEAN shipping market
Singapore: Maritime leaders reckon progress is being made in the creation of a single ASEAN shipping market – a key…
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Thoresen launches bulker pool
Singapore: Thoresen Shipping has launched an new commercial pooling service, Thoresen Grabulk Pool, for shipowners and operators of supramax and…
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APL suspends services to congested Manila
Singapore: The ongoing congestion at ports in Manila has forced Singaporean containerline APL to suspend all container bookings from India…
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GE to help build Petronas’s latest FLNG
Kuala Lumpur: GE Oil & Gas will supply its gas turbine-driven compressor train and mechanical drive technology to Malaysia’s national…
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