Asia
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More measures to ease port congestion in the Philippines
Manila: The Philippine Ports Authority (PPA) is reshuffling berthing arrangements in order to ease port congestion in the country ahead…
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Mounting fines for goods clearance at Myanmar ports
Singapore: Owners of containers, vehicles, heavy machinery and other goods kept at Myanmar’s ports will face increased fines next year…
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Micaline deploys fourth chemical tanker for palm oil trade
Kuala Lumpur: Micaline is to deploy its fourth chemical tanker early next year to transport crude palm oil (CPO) between…
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Handal Offshore wins Sarawak Shell crane deal
Kuala Lumpur: Handal Offshore Services has won a contract to design, supply and deliver a pedestal crane for Sarawak Shell’s…
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Vietcombank sells Vinalines debt
Hanoi: Vietcombank has sold off the $19m debt of Vietnam National Shipping Lines (Vinalines) to Vietnam Debt and Asset Trading…
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New Pacific Radiance OSV starts five-year charter
Singapore: Pacific Radiance’s new offshore support vessel (OSV) has won a five-year contract worth more than $70m with a repeat…
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Alam Maritim floating storage unit contract
Kuala Lumpur: Alam Maritim (M) has won a contract worth over $9.5m from a Malaysia-based oil and gas company for…
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Jas Marine orders drilling rig at Honghua Offshore
Kuala Lumpur: Hong Kong-listed Honghua Group announced that its subsidiary Honghua Offshore has entered into a contract with a subsidiary…
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MMHE secures two contracts worth RM350m
Kuala Lumpur: Malaysia Marine and Heavy Engineering Holdings (MMHE) has secured contracts close to RM 350m which involves fabrication and…
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PPL Shipyard secures rig deal from BOT Lease
Singapore: Sembcorp Marine announced that its subsidiary PPL Shipyard has secured a $240m contract to build a new jack-up drilling…
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Malaysian pension fund tipped to buy stake in British port operator
Kuala Lumpur: Malaysia’s Employees Provident Fund (EPF) has been tipped to buy a stake in one of the UK’s largest…
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Jasper sells semi-sub to Alyar Offshore
Singapore: Singapore-listed Jasper Investments announced that it has entered into a memorandum of agreement (MOA) with Alyar Offshore and Chinese…
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Singapore deploys radar blimp in bid to track pirates
Singapore: In a bid to counter rising regional maritime piracy as well as try to keep track of air traffic…
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Pelindo II plans $1bn bond issue
Jakarta: State-run port operator Pelindo II plans to issue $1bn in bonds in the second quarter of next year to…
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Jasa Merin to acquire two AHTSs
Kuala Lumpur: Silk Holdings announced that its 70%-owned subsidiary, Jasa Merin, has entered into an agreement with Muhibbah Marine Engineering…
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Lankayan Ventures sells stake in Westports Holdings
Kuala Lumpur: Lankayan Ventures has sold its stake in Malaysia-listed container terminal operator Westports Holdings. The subsidiary of Khazanah Nasional…
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Keppel FELS to build $240m KFELS Super B jack-up rig
Singapore: BOT Lease Co (BOTL), part of The Bank of Tokyo-Mitsubishi, has ordered a KFELS Super B Class jack-up rig…
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Another shipping exec jailed for fraud in Singapore
Singapore: Kwok Han Ying, a former crewing executive for Vermont UM Shipping, was today sentenced to 32 months in jail…
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WSS appoints new Ships Agency Manager for Singapore
Singapore: Wilhelmsen Ships Service (WSS) has appointed Jason Chin as Ships Agency Service Manager, Singapore. Chin has over 15 years’…
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Chevron Indonesia signs up Technip for huge subsea contract
Jakarta: Chevron Indonesia has awarded a “substantial” subsea contract to Technip for the supply of engineering and equipment to its…
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