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Asia
Hot spots for OSVs discussed
Singapore: The opening day at the NHST-organised Offshore Marine Asia looked at opportunities in the market both from a…
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Asia
Labuan set for offshore transformation
Kuala Lumpur: Malaysia is looking to ramp up offshore related investments in the Labuan area of Johor to make…
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Asia
Hallin Marine completes $3m SURF project
Singapore: Hallin Marine has announced today the completion of a subsea infrastructure, umbilicals, risers and flowlines project at the…
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Asia
JES bags second PSV contract in a month
Singapore: Singapore-listed JES International Holdings Limited, a top private Chinese yard, has announced that it has bagged its second offshore…
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Greater China
China’s first regular calls to Russia’s Far East
Shanghai: A Chinese line has become the first in the nation to start a regular route to Russia’s Far East.…
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Greater China
Pac Basin on ship shopping spree
Hong Kong: Pacific Basin has bagged a bargain Japanese-built handysize in the past quarter, it revealed in a trading update.…
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Greater China
CNOOC celebrates start of latest oil production in the Beibu Gulf
Beijing: China National Offshore Oil Corp (CNOOC), China's largest offshore oil producer, said yesterday that production has started at two…
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Greater China
TMT switching focus to LNG
Taipei: Taiwan’s TMT has said it is contemplating converting four VLOCs into LNG tankers as a wrangle over payment with…
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Asia
KS Energy bullish on Indonesia
Singapore: Pertamina’s drilling unit on Monday launched a re-fitted jackup rig with its Singapore-listed partner, KS Energy, at Keppel…
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Asia
Vessel operating costs expected to rise over the next two years
London: Vessel operating costs are expected to rise by 3% in both 2012 and 2013 according to a new…
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Asia
Hoegh changes FSRU plans
Jakarta: Norway’s Hoegh LNG Holdings Limited and Indonesia’s Perusahaan Gas Negara (PGN) have revised an agreement to change the…
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Asia
NOL in cash raising exercise
Singapore: In further cash raising mode Neptune Orient Lines is to launch a $1.5bn bond issuance in Euro medium…
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Asia
More Indian business targeted by Bumi Armada
Singapore: Malaysia’s Bumi Armada Bhd wants more floating production, storage and offloading (FPSO) business in India. The company's fourth…
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Greater China
NOL boss warns of industry shake-up
Shenzhen: The container shipping industry will go through a significant shake-up and the growth it has become accustomed to will…
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Greater China
Maersk will not expand in the downturn
Shenzhen: Maersk Line will not expand any more in the downturn, its chief commercial officer Lucas Vos told delegates attending…
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Greater China
Intermodal rail improving
Shenzhen: After many years of on/off development, China’s intermodal rail to Europe is beginning to show progress. “Although rail transport…
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Greater China
Zhenghe Shipbuilding secures RMB2bn credit
Shanghai: Zhejiang Zhenghe Shipbuilding, the shipbuilding arm of Zhenghe, has received RMB2.076bn credit line from China Construction Bank. “We have…
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Greater China
Protectionism a real risk in China
Shenzhen: Watch out for creeping protectionism in the Chinese shipping sector, a top shipping consultant has warned. “Protectionism will intensify,”…
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Greater China
Order ships more rationally: Ma Zehua
Shenzhen: Supply and demand in the container sector is still a long way from finding equilibrium, warned Ma Zehua, president…
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Greater China
Cosco and China Shipping to merge? “You guess,†says Cosco’s Ma
Shenzhen: Following Friday’s historic announcement that Cosco and China Shipping will colloborate on some domestic container trade routes for the…
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