Asia

Bangladesh starts building its largest port

February 15th, 20190 The congested nature of Bangladeshi ports is set for some alleviation with the construction of a giant new port. European engineering consultants Royal HaskoningDHV,...

KDB on standby to save Hanjin Heavy

February 14th, 20190 State-run Korea Development Bank is on standby once again to step in and save one of the nation’s shipbuilders. Hanjin Heavy Industries & Construction, South...

HMM racks up $720m annual loss

February 13th, 20190 South Korean flagship carrier HMM has revealed a net loss of KRW808bn ($720m) for the full financial year, marking it out as one of the biggest losers among the...

Velesto jackup contract extended by Hess

February 13th, 20190 Malaysian offshore driller Velesto Energy (formerly UMW Oil & Gas) has been awarded a contract extension from Hess Exploration and Production Malaysia for jackup rig...

Japanese head to NACKS for VLCCs

February 12th, 20190 Japanese trading house Mitsui and compatriot shipping line Iino Kaiun Kaisha have managed to negotiate early delivery slots at a Sino-Japanese yard for three...

Maersk in landmark Ganges shipment

February 12th, 20190 India is easing its cabotage rules to help develop connections across the giant country and with its neighbours. Today Denmark’s Maersk Line will move 16 containers...
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