Malaysia
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Asia
Honda teams with Giga Shipping in East Malaysia
Kuala Lumpur: Japanese automaker Honda has established new logistics hubs in Kota Kinabalu, Sabah and Kuching in an effort to…
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Asia
Oriental Glory hit again, becomes seventh product tanker taken by Southeast Asian pirates since January
Singapore: A small product tanker has been hit by robbers stealing its cargo for the second time in the space…
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Asia
Dayang to take over Perdana Petroleum
Athens: Dayang Enterprise Holdings has today entered into a conditional share sale agreement to take over Malaysia-based offshore service provider Perdana…
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Asia
Northport and PTP discuss collaboration possibilities
Kuala Lumpur: The era of consolidation in shipping could be spreading into the ports sector with news that two of…
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Asia
Former Malaysian Merchant Marine exec charged with insider trading
Kuala Lumpur : The former deputy executive chairman of Malaysian Merchant Marine Berhad (MMM) has pleaded not guilty to three…
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Asia
Icon Offshore gives CEO and COO six months to fight corruption claims
Kuala Lumpur: The board at under fire Icon Offshore have agreed to give their CEO and COO up to six…
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Asia
Caramin Petroeum, Makamin Offshore and Petro Allied in three-way hook-up
Kuala Lumpur: Malaysian oil and gas engineering specialist, Caramin Petroleum, has announced that subsidiary Caramin Engineering Services has entered into…
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Asia
Icon Offshore CEO and COO released by anti-corruption investigators
Kuala Lumpur: Icon Offshore has said in a statement on Bursa Malaysia that Dr Jamal Yusof and Rahman Yusof have been released…
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Asia
Siem Offshore finally completes subsea vessel sale to Daya Materials
Oslo: Siem Offshore has announced today that it has agreed a deal with Malaysia’s Day Materials to sell DP2 offshore…
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Asia
MISC dismisses AET sale rumours
London: Malaysia’s state-owned shipping company MISC has dismissed rumours that it plans to sell its AET, its petroleum tanker subsidiary. “In…
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Asia
Icon Offshore under investigation by local anti-corruption taskforce
Kuala Lumpur: The Malaysian Anti-Corruption Commission is taking Icon Offshore to task. The OSV operator, which listed in Kuala Lumpur…
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Asia
Malaysia’s Coastal Contracts seals $224m jack-up rig sale
Kuala Lumpur: Coastal Contracts has announced that is has secured a contract for the sale of a jack-up rig at…
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Asia
Bumi Armada wins $300m Malta FSU deal
Kuala Lumpur: Bumi Armada has said that it has entered into agreements with ElectroGas Malta for the conversion, supply and…
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Asia
Bumi Armada to slash workforce as offshore slump bites
Kuala Lumpur: Malaysian offshore operator Bumi Armada is set to make organisational changes as it struggles to cope with poor…
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Asia
Atlantic Navigation takes 40% stake in Malaysia’s Astra Offshore
Singapore: Sharjah-headquarted offshore specialist Atlantic Navigation Holdings, has entered into an agreement with the shareholders of Malaysia’s Astana Riang to…
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Asia
Former Port Klang Authority head appointed Daya Materials CEO
Kuala Lumpur: Daya Materials, a Malaysian service provider to the oil and gas industry, has announced the appointment of Lim…
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Asia
Alam Maritim & Vallianz jv picks up first OSV
Kuala Lumpur: Alam Maritim Resources, via a subsidiary of Deepsea Leader Venture, has acquired offshore support vessel OLV Venture 1…
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Asia
Tan wins boardroom battle at Tanjung Offshore
Kuala Lumpur: In a surprise U-turn the faction led by Tan Kean Soon appears to have won the two-month long…
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Asia
Scomi Energy Services cancels rights issue
Kuala Lumpur: Scomi Energy Services has cancelled a proposed rights issue of convertible five-year bonds worth up to RM140.5m. The…
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Asia
Transparency International urges Tanjung Offshore to conduct audit
Kuala Lumpur: Transparency International, the global coalition against corruption, has urged Tanjung Offshore to conduct a forensic audit in order…
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