Malaysia
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Asia
Sealink and Cakara form shipowning joint venture for OSV
Malaysia-listed Sealink International and its compatriot company Cakara Maritime today agreed to restructure and reactivate Seasten, a dormant Sealink subsidiary,…
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Asia
Malaysian ship missing for eight days not hijacked, located by authorities
A ship that many had suspected had become the latest victim of piracy in Malaysian waters turns out to have…
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Asia
Technip wins EPIC offshore Malaysia contract from Petronas
France’s Technip has been awarded an engineering, procurement, installation and commissioning contract by Malaysia’s Petronas. The work is for the…
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Asia
Icon Offshore subsidiary forms joint venture with vessel sale
Icon Kayra (L) has sold an offshore workboat, Icon Kayra (3,501 dwt, built 2014) for $32m to Icon Bahtera (B), another…
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Asia
MISC sells stake in VTTI terminals to Vitol
Malaysia’s MISC has sold its 50% stake in bulk liquid storage terminal operator VTTI to VIP Terminals Finance for $830m.…
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Europe
Hibiscus Petroleum buys stake in North Sea drilling licence
Lime Petroleum Norway, part of Malaysia-listed Hibiscus Petroleum, has agreed with Lundin Norway to acquire a 30% stake in the…
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Asia
Salvage of vessel grounded in the Philippines begins
Salvage operations have begun to free a supramax bulk carrier that ran aground off the coast of Candon Ilocos Sur,…
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Asia
Bumi Armada Caspian settles with SEA
Bumi Armada Caspian (BAC), part of Malaysia’s Bumi Armada group, has signed a final settlement agreement for 3.2m Euro ($3.6m)…
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Asia
Barakah Offshore and Ocean Installer to collaborate in Malaysia
Malaysia’s Barakah Offshore Petroleum, via subsidiary PBJV, and Norwegian subsea service provider Ocean Installer have signed a collaboration agreement to…
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Asia
EMGS wins Malaysia data acquisition contract
Norwegian offshore survey vessel operator Electromagnetic Geoservices (EMGS) has been awarded a contract from an unnamed oil company for 3D…
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Asia
Alam Maritime OSV chartered to Allianz in the UAE
UAE-based marine contractor Allianz Middle East Ship Management has timechartered a safety standby rescue vessel from Workboat International DMCCO, part of…
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Asia
New joint venture will explore oil and gas projects in Brunei
SapuraKencana Brunei, part of Malaysia-listed SapuraKencana Petroleum, has agreed with investment holding company Euthalia Energy Solutions and RSK Petroleum to…
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Asia
Premuda sells FPSO stake to Yinson Holdings
Italy’s Premuda has announced that its indirectly controlled company Four Vanguard Serviços E Navegaçao LDA has entered into a jv with Yinson…
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Asia
Alam Maritim wins Petronas contract
Malaysian offshore vessel operator Alam Maritim has said today that it has recently received a letter of award from Petronas…
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Asia
Coastal Contracts sells eight vessels in $34m deal
Kuala Lumpur: Two offshore support vessels and six low-end vessels owned by subsidiaries of Malaysia-listed Coastal Contracts have been sold…
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Asia
PMSCs linked with arms smuggling in SE Asian waters
Kuala Lumpur: Private maritime security companies transiting Malaysian waters need to be careful. A local newspaper claimed today that a…
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Asia
MMC Corporation ups stake in Northport
Kuala Lumpur: Malaysia’s MMC Corporation has increased its stake in NCB Holdings, who run container terminals at Northport in Port…
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Asia
Icon Offshore gets work for two AHTS vessels
Kuala Lumpur: Malaysian offshore support vessel operator Icon Offshore has received two letters of award from an oil major to…
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Asia
SapuraKencana wins giant Indian contract
Kuala Lumpur: A subsidiary of SapuraKencana Petroleum has been awarded with a $273m lump sum contract by India’s Oil and…
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Asia
Liannex bids for Yinson’s non-oil and gas subsidiaries
Athens: Singapore’s Liannex Corporation (S) has placed a RM 228m ($60.4m) bid to acquire the non-oil and gas subsidiaries of…
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