Asia
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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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Singapore’s tight supply of local talent challenges maritime ambitions
Singapore: Singapore has severe human resources issues that may well stymie its growth as an international maritime centre. Voting…
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UniMarine opens Piraeus office
Singapore: Singapore lube supplier UniMarine has opened a new office in Piraeus covering southern Europe and the Mediterranean. The office…
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Vietnam will need new coal terminals
Hanoi: Rising local demand for electricity will see Vietnam start importing coal by 2020, necessitating the need for new terminals…
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Pelni asked to set up regular cargo routes
Jakarta: The government has asked state-owned shipping firm PT Pelayaran Nasional Indonesia (Pelni) to start regular cargo services connecting the…
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Berlian Laju Tanker issues shares to unsecured creditors
Jakarta: Berlian Laju Tanker announced that its unsecured creditors will hold 27% of the company’s shares through a pre-emptive rights…
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SingTel: Seafarers choosing ships based on broadband availability
Singapore: At a Maritime CEO lunch earlier this year with 12 shipowners in Hong Kong much discussion centered on the…
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Vinalines’ safety record questioned
Melbourne: A Vietnamese tanker has been dragged into a rapidly escalating debate over fuel security and the environment in Australia.…
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Minister calls for Cilamaya port investment to continue
Jakarta: The Transportation Minister of Indonedia, Ignasius Jonan, said the much-anticipated Cilamaya Port project should be continued, as long as…
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Andreas Sohmen-Pao takes over from his father at BW
Singapore: Dr Helmut Sohmen has announced his retirement effective 20 November as chairman of the board of BW Group and…
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Swissco eyes Middle East
Singapore: Fast expanding offshore player Swissco is eyeing opportunities in the Middle East, its ceo, Alex Yeo, has told our…
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OW board in the dark over Dynamic’s dealings
Singapore: The actions of its Singapore subsidiary that spurred its downfall were unknown to the board of OW Bunker, its…
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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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SapuraKencana to acquire Vietnam offshore block from Petronas
Kuala Lumpur: SapuraKencana Petroleum Bhd, a major oil and gas services firm in Malaysia, is buying the entire interest in…
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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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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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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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