Asia
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SLNG secures S$1.11bn loan
Singapore: Singapore LNG Corporation (SLNG) has announced that it has secured a S$1.11bn term loan facility with five banks including…
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MMC buys into Northport
Kuala Lumpur: In big Malaysian port news MMC Corporation is spending RM221.98m ($66.3m) buying out shipping line MISC’s stake in…
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Evergreen, CMA CGM and Emirates form new Asia-East Africa service
Taipei: Taiwan-based Evergreen Marine, France-based CMA CGM and UAE-based Emirates Shipping Line have signed a vessel sharing agreement to expand…
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Marine Contracting sets ambitious revenue targets
Singapore: Singapore offshore engineering, transportation and installation firm Marine Contracting, a 2013-founded subsidiary of consultancy Global Maritime, has set ambitious…
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BMT brought onboard Samalaju port project
Kuala Lumpur: International design and risk management consultancy company BMT Group has been won a contract to help design a…
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Vinalines selling bank stake
Hanoi: An auction of Vietnamese state shipowner Vinalines' stake in a domestic bank looks set to raise about $15m. The…
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Vinalines accused of paying ‘slave wages’
Singapore: The crew of the Tandara Spirit have set off to Singapore after around 20 days protesting off Melbourne. The…
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Marine Contracting: Revenue target set
Singapore: Marine Contracting, founded in 2013, is a subsidiary of Global Maritime, a global offshore marine consultancy firm. Marine Contracting,…
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Viking LR2 established in Singapore
Singapore: Viking Asset Management has established Viking LR2, a new subsidiary in Singapore, which will undertake "the ownership and charter…
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Reliance Industries now trading crude and products in Singapore
Singapore: India’s biggest oil refiner Reliance Industries began trading crude and refined products in Singapore earlier this month. The Singapore…
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Brightoil Petroleum appoints new ceo
Hong Kong: Brightoil Petroleum has announced that Wang Wei has been appointed as the ceo of the company’s wholly owned…
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Swire to start service to Tasmania
Singapore: The Tasmanian government has chosen Singapore-based Swire Shipping to provide an international freight service to and from Tasmania. Tasmania…
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Samsung C&T awarded contract to build LNG terminal in Malaysia
Kuala Lumpur: Samsung C&T Corporation, together with Science-Tech Solutions (STS), has been awarded a contract by Petronas Gas to build…
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Manila ports congestion costs exporters millions
Manila: Congestion at Manila’s ports has cost food and garment exporters in the Philippines between P13.5m to P20.2m ($300,000 to…
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Kanazawa Port: Samurai lure
Kanazawa: A new bullet train line to Tokyo and an increasing interest in the history of the Samurai will help…
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Malaysia to develop integrated port in Labuan
Kuala Lumpur: Malaysia’s Ministry of Transport is going to develop an integrated port in Labuan under the government’s 11th Malaysia…
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PTT almost ready to announce third LNG terminal in Thailand
Bangkok: PTT, Thailand’s national oil and gas company, will finalise plans for the location of its third gas receiving terminal…
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Indonesian president checks port progress
Jakarta: Indonesia’s president Joko “Jokowi” Widodo is scheduled to hold impromptu visits that will include Merak Port, West Java, and…
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MPA looks at port sustainability
Singapore: The Maritime and Port Authority of Singapore (MPA) has signed a memorandum of understanding with the Singapore Management University…
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EA Technique expects RM74m from December IPO
Kuala Lumpur: EA Technique says it expects to raise RM74.1m through the public issue of its initial public offering (IPO)…
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