Philippines
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Offshore
Noble scores drillship contract in the Philippines
Offshore rig owner Noble Corporation has won a contract from Prime Energy for the Noble Viking drillship offshore Philippines. The…
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Middle East
Filipino seafarers at the brunt of the Red Sea shipping crisis demand change
The Filipino seafaring community is very much in the headlines with survivors of last week’s deadly bulk carrier attack in…
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Middle East
Filipino crew head home from tanker seized by Iran
Iran is releasing all the remaining crewmembers of the Greek-owned tanker St Nikolas, which was seized by Iranian military forces…
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Dry Cargo
Broken down bulk carrier barred from entering Australia for a year
A post-panamax bulk carrier that sat stranded for months in a central Queensland port has been towed back out to…
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Regulatory
Manila readies to charge shipowner over tanker sinking
The Department of Justice (DOJ) in Manila is finally getting around to press charges against the shipping company RDC Reield…
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Renewables
UK company to build first-ever tidal energy plant in Southeast Asia
Energies PH has signed a deal with UK-based marine offshore renewables specialist Inyanga Marine Energy Group to build Southeast Asia’s first-ever…
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Ports and Logistics
ICTSI wins concession to develop Philippine box terminal
International Container Terminal Services, Inc (ICTSI) has won a 25-year concession deal to develop and operate the Iloilo Commercial Port…
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Offshore
DOF wins MPSV contract extension
Norwegian offshore vessel owner DOF has bagged a contract extension from Prime Energy Resources Development for the 2012-built MPSV Skandi…
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Asia
Maersk sets aside $500m to expand infrastructure across Southeast Asia
With global manufacturing seeking alternatives to China, AP Moller-Maersk has announced this week more than $500m investment to expand its…
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Operations
Sinokor tanker accused of ramming Philippine fishing vessel
The 110,000 dwt , a tanker belonging to Sinokor, stands accused of ramming a fishing vessel in the north of…
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Finance and Insurance
ICTSI seals $750m loan for further growth
Manila-headquartered International Container Terminal Services Inc (ICTSI) has secured a six-year $750m loan from Metropolitan Bank & Trust Co (Metrobank)…
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Renewables
Corio sets sights on Philippine offshore wind
Corio Generation, an offshore wind portfolio company of Macquarie’s Green Investment Group (GIG) is looking to add to its fast-growing…
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Renewables
BlueFloat targets over 7 GW of floating wind in the Philippines
Spanish floating wind developer BlueFloat Energy has entered the Philippines through the acquisition of wind energy service contracts (WESCs) for…
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Shipyards
Hanjin Subic yard gear up for sale
Ahead of potential new tenants moving in, much of the old kit from Hanjin Subic shipyard is being auctioned off…
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Shipyards
HD Hyundai looks at Subic Bay for next expansion
HD Hyundai, formerly known as Hyundai Heavy Industries, is looking at overseas expansion, and has expressed interest in using two…
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Asia
Fire rips through ill-fated car carrier
A spectacular fire broke out on an ill-fated car carrier on Friday. The 2004-built Diamond Highway, hit by a fire…
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Ports and Logistics
Philippines gets its first LNG import terminal
The Philippines’ first LNG import terminal is offloading its first cargo. ADNOC Logistics & Services (ADNOC L&S), the shipping and…
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Asia
Charges set to be filed against owner of the Princess Empress tanker in the Philippines
The owner of the sunken Princess Empress product tanker will likely face criminal charges in the Philippines. The ship went…
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Finance and Insurance
Insurers brace for hefty claims from sunken Philippine tanker
The International Oil Pollution Compensation Funds (IOPC Funds) and the Shipowners’ P&I Club, the liability insurer of the sunken Princess…
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Environment
Oil washes up 350 km away from where controversial Princess Empress went down in the Philippines last month
One month on from its sinking, the oil spill from the Princess Empress continues to spread, with authorities warning that…
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