Sam Chambers
- Asia
Singapore’s first War Risks Mutual launched
Singapore: The Standard Club Asia Ltd (Standard Asia) has today announced the launch of its new Singapore War Risks Mutual…
Read More » - Dry Cargo
Baosource orders two
Dalian: Korean shipbuilding news site, Asiasis, reports that Baosource Shipping, a Shanghai firm, has ordered a pair of small bulkers.…
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Wisdom back in Japan for another bulker
Taipei: Fast expanding dry bulk operator Wisdom Marine is spending $22m on another Japanese bulker. The Taiwanese line has opted…
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Rehobot found almost one month after pirate strike
Manila: After more than three weeks the tanker Rehobot has been found in Philippine waters. The Indonesian-flagged chemical tanker was…
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Record low rates claim another dry bulk scalp
Seoul: Record weak dry bulk freight rates have claimed a third shipping line victim of the year. Daebo International Shipping…
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Petronas shifts LNG carriers MISC’s way
Kuala Lumpur: In a switch between subsidiaries Petronas has sold five LNG carriers being built at Hyundai Heavy Industries to…
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Coastal’s first win in 2015
Kuala Lumpur: Coastal Contracts has secured contracts for the sales of two OSVs for an aggregate value of approximately RM197m,…
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Myanmar mulls ditching Yetagun gas field
Bangkok: As has widely been predicted falling oil prices are likely to dent Myanmar’s offshore plans. The future of Yetagun,…
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Westports hunting terminal acquisitions
Kuala Lumpur: Terminal operator Westports Holdings is on the hunt for Asian merger and acquisition (M&A) targets, its ceo Ruben…
Read More » - Greater China
China’s changing tanker patterns
London: UK broker Gibson has filed a report on the changing nature of Chinese tanker trades with a greater willingness…
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New Philippine dry bulk terminal
Manila: Seasia Nectar Port Services Inc (SNPSI), a joint venture between Seasia Logistic Philippines Inc and the UK’s Nectar Group,…
Read More » - Gas
China’s LNG terminals underutilised
Shanghai: Despite all the bluster surrounding China’s LNG demand, a study by Russian newswire Interfax shows that China used just…
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Arun adds to Indonesia’s LNG import network
Jakarta: Indonesia’s third LNG importing terminal is set to open shortly with the imminent arrival of the 146,000 cu m…
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Hanoi favours airport construction, keen to divest its ports
Hanoi: Hanoi is switching transport infrastructure priorities. The Ministry of Transport (MOT) has ditched plans to build ports this year…
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Sri Lankan PM vows to solve Chinese port riddle
Colombo: The new Sri Lankan government has tried to make China’s port construction plans more clear. Following last month’s elections,…
Read More » - Americas
Hanjin’s exit leaves ICTSI Oregon hunting for clients
Los Angeles: The disarray across US West Coast ports has seen Korea’s Hanjin Shipping announce plans to cancel calls at…
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China VLCC seals Dalian deal
Shanghai: The tanker joint venture between China Merchants Energy Shipping (CMES) and Sinotrans&CSC, China VLCC, has sealed a two-year deal…
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Hubline exits container sector to focus on breakbulk
Kuala Lumpur: Hubline is pulling out of the container shipping business, citing weak freight rates and continued overcapacity. The Malaysian…
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Glencore takes Agritrade VLCC
Singapore: Rimau Shipping, an indirect wholly-owned of Agritrade Resources, has entered into a floating storage unit service contract with Glencore.…
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Tan snaps up millions of Tanjung Offshore shares
Kuala Lumpur: The man at the centre of the Tanjung Offshore scandal is using his financial muscle to get his…
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