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Asia
Swiber sells interest in Vallianz Marine
Singapore: An indirect subsidiary of Swiber Holdings, Swiber Engineering, has disposed 24,500 ordinary shares, representing 49% equity interest of Vallianz…
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Asia
Management shuffle at Northport
Kuala Lumpur: There’s been a top management shuffle at Northport, the Port Klang terminal, following the retirement of a senior…
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Asia
Knudsen switches from Maersk Line to Damco
Singapore: Maersk-linked logistics provider Damco has appointed Thomas Knudsen as regional head of its Asia business. “The diversity of markets…
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Asia
Indian Ocean rowing record challenge
Singapore: Today sees the start of one of the toughest sea challenges known to mankind. Four men are setting off…
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Asia
Ulbricht joins DVB
Singapore: A well-known name in Singapore banking circles has jumped ship from Deutsche Bank to DVB Bank. Felix Ulbricht, 47,…
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Americas
CBI-MMEER: Unique accommodation rigs
Dalian: Today Maritime CEO brings news of a unique series of offshore structures under construction in the Chinese city of…
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Middle East
Israel Corp shareholders approve Zim debt plans
Cairo: Zim Intergrated Shipping Services has fixed its debt arrangement, the largest ever seen in Israel. Shareholders of parent firm…
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Middle East
Al Tamimi opens in Bahrain
Muscat: Al Tamimi & Company, the largest law firm in the Middle East, has officially opened its latest office in…
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Greater China
Tianjin Marine signs LOI for two VLCCs
Dalian: Tianjin Marine continues to diversify from its boxship origins. The company, whose controlling shareholder is the HNA Group, has…
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Greater China
CMES borrows $510m for 10 newbuild VLCCs
Hong Kong: China Merchant Energy Shipping (CMES) announced that it has signed a 10-year loan contract with China Exim Bank…
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Greater China
COSL charters jack-up rig from ICBC Leasing
Shanghai: China Oilfield Services Limited (COSL) announced that it has chartered a 400-feet jack-up rig “Excellence I”, from ICBC Financial…
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Asia
Otto Marine offloads trio
Singapore: Singaporean offshore operator Otto Marine has sold three of its vessels to a Malaysian company in which it holds…
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Asia
FSL Trust secures time charter with Tesoro
Singapore: FSL Trust has entered into a time charter agreement with Tesoro Far East Maritime Company, a wholly-owned subsidiary of…
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Asia
KrisEnergy gives Wassana the green light
Singapore: KrisEnergy has moved ahead and approved the development of the Wassana oil field in the Gulf of Thailand. …
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Asia
PIPC to expand terminals with RM16bn
Kuala Lumpur: Pengerang Independent Terminals Sdn Bhd (PITSB) may spend an additional RM16 billion in the next 15 years to…
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Asia
Djakarta Lloyd looks to bounce back
Jakarta: Shorn of much of its debt, state run shipping line Djakarta Lloyd now wants to focus more on logistics.…
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Asia
Westports contract extension
Kuala Lumpur: Port Klang Authority (PKA) has extended the concession period for Westports Holdings by another 30 years. The extra…
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Asia
Calls to scrap Sabah cabotage policy
Kuala Lumpur: The cabotage policy in Sabah has been attacked by local businessmen who claim it is responsible for far…
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Middle East
Bahri ceo resigns
Doha: Having just completed the merger with Vela to make a VLCC giant, the ceo of the National Shipping Co…
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Middle East
Website launches to promote Dubai maritime
Dubai: The Dubai Council for Marine & Maritime Industries (DCMMI), the industry body representing the interests of companies in the…
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