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Asia
Bumi Armada secures financing for Indian FPSO
Kuala Lumpur: Malaysia-based international offshore oil and gas services provider, Bumi Armada Berhad has said that its jointly controlled…
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Asia
Bitung port slated for development
Jakarta: Port Bitung in North Sulawesi province has been earmarked for major development as Jakarta looks to boost infrastructure in…
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Asia
Thome links with Doehle Danautic to strengthen its Indian foothold
Singapore: Thome Ship Management of Singapore today inked a joint venture partnership deal with Doehle Danautic, a leading shipping…
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Greater China
CNOOC in negotiations for 14 more LNG vessels
Shanghai: In order to meet the future demand for LNG transportation, CNOOC, one of the largest energy companies in China,…
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Asia
Singapore gov’t comes onboard as strategic investor in Ezion
Singapore: The Singapore government is investing in offshore firm Ezion Holdings. EDB Investments, the corporate investment arm of the…
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Greater China
Alternative choices bring new growth
Tianjin: With traditional shipping and shipbuilding industry in the doldrums, many financial institutions are giving shipping a wide berth. However,…
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Greater China
China Development Bank sets up ship finance centre in Dalian
Dalian: China Development Bank has established a ship finance center in Dalian on Thursday, the first dedicated ship finance division…
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Greater China
Anshan Steel to build logistics hub in Guangzhou port
Guangzhou: Anshan Iron and Steel Group, the second largest steel maker in China, is going to establish a port logistics…
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Greater China
Stop propping up yards, urges Sohmen-Pao
Singapore: Governments stepping in to ensure employment at shipyards remains is wrong and is causing havoc to shipping with severe…
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Greater China
Cruise furniture provider targets Europe
Marseille: Joint Creative Manufacturing, a Chinese provider of cruise furniture, has made its first steps to tap the European markets.…
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Asia
Clearlake takes Diana cape on charter
Athens: Greece’s Diana Shipping has entered into time charter contracts for three of its vessels. Among the deals…
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Asia
Indo Straits outlines next year’s plans
Jakarta: Thanks in part to a bank loan, Indonesian firm Indo Straits has allocated a capital expenditure of $10m to…
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Asia
Cruise associations around the world unite
Washington: The world’s leading nine cruise associations have come together to operate under a single umbrella organization in a…
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Asia
Cosco Nantong set to build $370m FPSO
Singapore: COSCO Nantong Shipyard, a subsidiary of Singapore-listed Cosco Corporation, has won a contract to build a $370m FPSO…
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Asia
Dynamic start for new bunker player
Singapore: Dynamic Oil Trading, the newly launched global trading company for marine fuels and lubricants, yesterday announced a successful…
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Greater China
HNA officially launches cruise management company
Beijing: HNA Group is poised to lead China’s domestic luxury cruise industry by officially launching the first cruise ship and…
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Greater China
Chen Qiang: offshore and LNG are the future of China’s shipbuilding industry
Shanghai: On the 2012 Shipping Exchange Forum which was held in Shanghai yesterday, Chen Qiang,new chairman of Rongsheng Heavy Industries…
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Greater China
Jinhai faces even more cancellations
Shanghai: Jinhai Heavy Industry, is facing a crisis of massive cancellations. After Ultrabulk cancelled two kamsarmaxes and John Fredriksen’s Golden…
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Greater China
Damen back in Nantong
Shanghai: Damen Shipyards has signed the contracts for another four vessels at its partner yard Nantong Yahua Shipbuilding. The contracts…
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Asia
G-Fuel falls foul of Singapore authorities
Singapore: The Maritime and Port Authority of Singapore (MPA) has cancelled G-Fuel Pte Ltd’s bunker supplier licence with effect…
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