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Greater China
Forbid new entrants into domestic container shipping, local operator urges
Shanghai: The boss of domestic container operator Zhonggu Shipping has called on the government to help the industry. Lu Zongjun,…
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Asia
Petronas opts for Moss-type LNG carriers at Hyundai
Kuala Lumpur: Korean yards have led the way in membrane type LNG construction but now Hyundai Heavy Industries has been…
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Asia
Petrobras splashes out on Posh accommodation vessel
Singapore: PACC Offshore Services Holdings Ltd. (Posh) has announced it has won a charter contract for its semi-submersible accommodation vessel…
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Asia
JX Nippon to develop Malaysia’s Layang gas field
Kuala Lumpur: JX Nippon Oil & Gas Exploration announced that it has received field development plan approval from Petronas for…
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Asia
Logindo plans more acquisitions this year
Jakarta: Indonesian shipping line Logindo Samudramakmur has taken delivery of its 61st vessel, an anchor handling tug supply vessel built…
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Asia
Court releases Chelsea ship after three years
Manila: The Court of Tax Appeals (CTA) has ordered the release of 220,000 metric tons of industrial diesel oil (IDO)…
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Europe
Höegh Autoliners: World’s largest car carriers set to deliver
Oslo: Rates for car carriers are looking stable this year and are likely to remain firm in the near future,…
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Middle East
Höegh LNG signs up to help Egypt’s gas import plans
Cairo: After lengthy negotiations Höegh LNG has signed a letter of intent with Egyptian Natural Gas Holding for one of…
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Middle East
UACC secures $300m loan
Dubai: Fast growing United Arab Chemical Carriers (UACC) has fixed a $300m credit facility to accommodate five newbuild tankers which…
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Greater China
Intermarine splashes out on 15 new ships
Shanghai: American heavylift player Intermarine is adding 15 new vessels to its fleet with Chinese yards the big beneficiaries from…
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Greater China
Shanghai FTZ welcomes shipmanager
Shanghai: A subsidiary of Singapore-listed shipyard Yangzijiang Shipbuilding has set up a shipmanagement subsidiary in Shanghai’s free trade zone. Shanghai…
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Asia
Dyna-Mac secures S$50m in new orders
Singapore: Dyna-Mac Holdings, an engineering services provider to the oil and gas industry, has announced that the group has secured…
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Asia
Bintulu Port to invest $123m to enhance facilities
Kuala Lumpur: Bintulu Port Holding is going to invest $123m in the next three years to enhance its container and…
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Asia
Manila truck ban continues to divide opinion
Manila: The daytime truck ban in Manila has been suspended from today through to May 20 as the country gears…
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Asia
Lampung FSRU to start operating in July
Jakarta: State-owned gas distributor PT Perusahaan Gas Negara (PGN) will start operating its floating storage and regasification unit (FSRU) in…
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Greater China
China starts construction of first timber reserves base
Dalian: China’s first lumber reserves base, invested by China Forestry Group Corporation (CFGC), has started construction by Suifen River on…
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Asia
Rig deployment sparks massive protest in Hanoi
Hanoi: China’s decision to move a rig into contested waters with Vietnam sparked the largest ever anti-China demonstrations in Hanoi…
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Asia
Bad weather hits palm oil production
Jakarta: Chemical tanker owners in the region are bracing themselves for a possible cut back in palm oil exports as…
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Asia
Otto Marine issues profit warning
Singapore: Singapore-listed Otto Marine has issued a profit warning to investors as it expects to post a loss for the…
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Asia
Calls to slash turnaround times at Tanjung Perak
Jakarta: A state-run port operator has been hauled up for its tardy turnaround times at one of its ports. Ships…
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