Thailand
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Asia
Precious Shipping amends Sanfu newbuild contracts
Precious Shipping has announced that it has executed four settlement agreements and one amending agreement with Chinese yard Taizhou Sanfu…
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Asia
New managing director for Thoresen Shipping, Claxton moves to coal subsidiary
Andy Hillier has today become managing director of Thoresen Shipping, the dry bulk shipping arm of Bangkok-listed Thoresen Thai Agencies.…
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Asia
Mermaid Maritime secures Qatar subsea cable installation job
Thai subsea specialist Mermaid Maritime’s Qatari business unit has been awarded a subsea cable installation from an existing customer, a…
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Asia
Precious Shipping sells another handy bulker
Thailand’s Precious Shipping has sold a 21-year-old handysize bulk carrier for $1.51m as part of its fleet renewal programme. The…
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Asia
Global dry bulk fleet set to contract significantly this year: Khalid Hashim
For the first time in living memory the global dry bulk fleet is set to contract significantly this year, Khalid…
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Asia
Nathalin snaps up aframax
Privately owned Thai owner Nathalin is eying more ships. Several brokers report the Southeast Asian tanker specialist has taken on…
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Asia
RCL ship rams pedestrian walkway in Bangkok
A spectacular video has emerged on YouTube of the moment the containership ploughs into a pedestrian walkway in Bangkok. The…
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Asia
‘Markets can stay irrational far longer than you can stay solvent’: Hashim’s Keynesian bulk warning
Khalid Hashim, the veteran managing director of Thailand dry bulk firm Precious Shipping, has warned in his firm’s annual review…
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Asia
Precious makes $100m from public offering
Thailand’s Precious Shipping has raised THB3.59bn ($99.72m) through a public offering of debentures. Some 3.59m of the units were sold…
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Asia
Precious Shipping scraps handysize bulker
Thailand’s Precious Shipping has confirmed it has sold its 20-year-old handysize bulk carrier for scrap to Pakistani buyers at a…
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Asia
Seadrill Partners gets Chevron Thailand tender rigs extension
Seadrill Partners has secured one year contract extensions from Chevron Thailand for the tender rigs T-15 and T-16. The extensions…
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Asia
Chevron charters Solstad derrick lay barge in Thailand
A derrick lay barge owned by Solstad Offshore is to be employed in Thailand on a four-year contract with Chevron…
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Asia
1,000 demonstrate against Thai port plans
Around 1,000 people demonstrated yesterday against a planned new deepsea port to be built on a stunning part of Thailand’s…
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Asia
Precious cancels two more ultramaxes
Thailand’s Precious Shipping has cancelled another pair of ultramax dry bulkers at under pressure Chinese yard Sainty Marine. Precious Shipping…
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Asia
Thailand’s Department of International Trade Promotion: On the map
Bangkok: Because Thailand’s economy is driven by exports, making logistics smoother is a national priority. Thailand’s economy, as measured by…
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Asia
Precious Shipping: Fleet renewal plans thwarted by poor Chinese construction
Bangkok: Plans by Thailand’s Precious Shipping to be ahead of the curve when it comes to having a young eco-fleet…
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Asia
Precious Shipping plans $366m fundraiser
Thailand’s Precious Shipping is planning a fundraiser through which it hopes to raise up to $366m from the sale of…
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Asia
MOL invests in Thai barge terminal
Japan’s Mitsui OSK Lines (MOL) has signed a joint venture agreement with SahaThai Terminal, a container terminal operation company in Thailand,…
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Asia
Storm smashes ship to bits off Phuket
Bangkok: A Cambodian flagged general cargo ship is presumed a total loss today as it smashed into rocks on the…
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Asia
TTA goes for debentures
Bangkok: Thoresen Thai Agencies (TTA) is issuing three-year debentures amounting to THB2bn ($59.44m) with a 4.25% coupon rate. The shipping…
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