Asia
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South Korea’s Taihan reveals cable layer investments
South Korean cabling firm Taihan Cable & Solution is pressing ahead towards becoming a total solution provider for subsea cables…
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Eyal Ofer’s Zodiac Maritime eyes nuclear-powered ships
Eyal Ofer’s Zodiac Maritime has partnered with classification society Lloyd’s Register (LR) and South Korea’s HD Korea Shipbuilding & Offshore…
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Harim Group selected to take over HMM
Harim Group, along with a local private equity partner, has been selected by state creditors as the winning party to…
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MOL orders five newcastlemaxes
Japan’s Mitsui OSK Lines (MOL) has ordered five LNG-fuelled newcastlemaxes, split between Nihon Shipyard on home soil and CSSC Qingdao…
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Great Eastern offloads ageing MR
Indian owner Great Eastern Shipping has struck a deal to sell its 2004-built MR product tanker . The price and…
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MSC takes stake in Adani’s Ennore terminal
Terminal Investment Limited (TIL), the ports arm of leading liner Mediterranean Shipping Co (MSC), is buying a 49% stake in…
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MOL linked to VLECs order in South Korea
Japan’s Mitsui OSK Lines (MOL) has been placed behind a shipbuilding deal for three very large ethane carriers (VLECs) in…
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MOL to issue shipping’s first blue bonds
Japan’s Mitsui OSK Lines (MOL) will become the first shipowner in the world to issue blue bonds next month. All…
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Petra Energy offloads accommodation vessel
Malaysia’s Petra Energy has sold its 2009-built accommodation work barge Petra Lyra via its subsidiary Petra Marine. The Malaysia-flagged vessel…
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Singapore moves to secure methanol bunker supply
The Maritime and Port Authority of Singapore (MPA) is seeking proposals for the supply of methanol as a marine bunker…
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RWE consortium secures rights for 684 MW wind farm offshore Japan
German utility RWE has been selected in a consortium with Mitsui & Co and Osaka Gas to build and operate…
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New EU ETS study claims to show true fuel choice costs
Bunker platform ENGINE has compiled a report in partnership with Freight Investor Services in which prices are compared for conventional…
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Yinson Production closes $500m financing
Yinson Production has secured a five-year corporate loan of up to $500m. The Singapore-based unit of the Malaysian Yinson Group…
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X-Press Feeders unveils first methanol dual-fuel ship built in China
X-Press Feeders, the world’s largest independent common carrier, has unveiled what the first of 14 methanol dual fuel ships looks…
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NYK sends its fleet of Moss-type gas carriers in for refurbishment
Nippon Yusen Kaisha (NYK) is carrying out a major refurbishment of its ageing fleet of Moss-type LNG carriers. The Japanese…
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Vard wins $200m cable lay and construction vessel order from Japan’s Toyo
Norway’s Vard, part of Italian shipbuilding giant Fincantieri, has secured a contract from Japan’s Toyo Construction to design and build…
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Shelf Drilling awarded $73m rig contract in Vietnam
Oslo-listed jackup rig pure-play Shelf Drilling has secured a contract for the Shelf Drilling Perseverance with PetroVietnam Domestic Exploration Production…
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Yinson Production invests in scrubber outfit Ionada’s carbon-capture tech
Yinson Production has invested in an innovative carbon capture technology developed by Canadian scrubber maker Ionada as part of its…
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Salvage teams in Indonesia attend to grounded dark tanker
Indonesian salvage teams have managed to free a shadow tanker that grounded in the Singapore Strait west of Batam. The…
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Japan’s Kansai signs up for Norwegian floating wind project
Japanese utility Kansai Electric Power Company has joined Source Galileo, Odfjell Oceanwind and Vår Energi on a floating offshore wind…
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