Asia
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Samudera Shipping names Bani Mulia as CEO in management reshuffle
Singapore-listed Indonesian shipping company Samudera Shipping Line has announced the appointment of Bani Mulia as chief executive officer of the…
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Salam Pacific takes on its largest ships to date
Indonesian carrier Salam Pacific Indonesia Lines has been revealed by Alphaliner as the taker of First Ship Lease Trust’s last…
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Japanese FPSO secures financing from JBIC
Japan Bank for International Cooperation (JBIC) has entered into an agreement to provide a project loan for a floating production…
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Mauritius PM concedes grounded bulk carrier will break up
Salvors have managed to halt the worst of the spill from the grounded bulk carrier off the south coast of…
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Temasek pulls out of Keppel acquisition
Singapore’s sovereign wealth fund Temasek Holdings has pulled its planned takeover of Keppel Corp, citing the company’s dire second quarter…
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India positions Nicobar as a rival port to Colombo
India is planning to develop a transhipment port at Great Nicobar Island in the Bay of Bengal with an investment…
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Feeder boxship slams into pier at Manila port
The 2003-built 639 teu feeder containership slammed into a pier at Manila North Harbor Port on Monday. According to the…
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Japanese owner behind Hyundai Mipo tanker order
Japanese owners are believed to be behind an order Hyundai Mipo Dockyard has secured for the construction of two 50,000…
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Stricken bulk carrier lying on reef off Mauritius at risk of splitting in two
Locals have spent the past days fabricating their own oil booms made out straw, clothing, plastic bottles and dried sugar…
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CMA CGM buys into HMM’s Algeciras terminal
HMM has sold CMA CGM a 50% stake minus one share in Total Terminal International Algeciras (TTI Algeciras), a container…
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MOL offloads VLCC
Mitsui OSK Lines (MOL) 30-ship strong VLCC arm has let go of the 15-year-old for around $27m. The sale of…
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DOF Subsea awarded Asia Pacific contracts
Norwegian offshore vessel owner DOF Subsea has been awarded two contracts in the Asia Pacific region. Chevron Australia has awarded…
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Bulk carrier sitting on reef off Mauritius starts to leak bunker fuel
The 203,000 dwt bulk carrier, which ran aground on a reef just off the southeast coastline of Mauritius on July…
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FSL Trust exits container sector with sale of boxship trio
Singapore shipping trust First Ship Lease Trust (FSL) has announced the sale of its three containerships FSL Eminence, FSL Elixir…
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Three cranes collapse at India’s Jawaharlal Nehru Port
Three cranes collapsed in heavy rains and strong winds on Wednesday at Jawaharlal Nehru Port (JNPT), one of the largest…
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K Line to slash fleet to stem red ink
Kawasaki Kisen Kaisha (K Line) is taking drastic action as it fights to contain red ink stemming from the effects…
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SK Shipping acquires Sinokor VLCC quartet
South Korean owner SK Shipping has taken over four VLCCs from compatriot owner Sinokor in an en bloc deal. Multiple…
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Alam Maritim awarded subsea contract by Repsol
Malaysian offshore service provider Alam Maritim has been awarded a contract by Repsol for the provision of subsea inspection, maintenance…
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Triple tanker order salvation for STX
They might be small at just 6,600 dwt each, but in the big picture the three newbuild contracts announced from…
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Shell signs charters for six newbuild LNG carriers
Shell has entered into separate agreements with Knutsen LNG, Korea Line Corporation, and ICBC Financial Leasing and institutional investors advised by JP…
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