Asia
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Polarcus awarded work off Malaysia
Dubai-headquartered offshore seismic specialist Polarcus has been awarded an XArray marine seismic acquisition project in Malaysia. The contract, with an…
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SSY enters energy derivatives business
London-based brokers Simpson Spence Young (SSY) is launching a new energy derivatives service through its derivatives business SSY Futures, based…
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DOF Subsea secures new Asia-Pacific contracts
Norway’s DOF Subsea has been awarded several contract in the Asia-Pacific region, securing 130 days vessel utilisation. The contracts are…
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India signs up to Hong Kong ship recycling convention
New Delhi on Wednesday approved India’s accession to the Hong Kong Convention for ship recycling, becoming the first of the…
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Hyundai Heavy develops new multi-power grid system for big boxships
South Korea’s Hyundai Heavy Industries has developed a multi-power grid system for 15,000+ teu ships, which will slash emissions. The…
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Portland celebrates return of regular calls with SM Line
The US west coast port of Portland is set to welcome a weekly container service for the first time in…
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Eastern Pacific launches maritime accelerator with nine startups
Idan Ofer’s Eastern Pacific Shipping, in partnership with Techstars, has officially launched its dedicated maritime accelerator Eastern Pacific Accelerator powered…
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FSL Trust confirms sale of product tanker pair
Confirming a story on Splash earlier this week, Singapore’s First Ship Lease Trust has confirmed the sale of 2006-built LR2…
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Malaysia bans open-loop scrubbers
Malaysia has become the latest country to ban the use of open-loop scrubbers in the country’s waters due to concerns…
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Newbuild orders plunge 40% in 2019
Latest figures from Clarkson Research Services show the huge hesitancy among owners to place orders this year. Describing newbuilding contraactiung…
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BULL grabs FSL product tanker pair by the horns
Indonesian tanker owner PT Buana Lintas Lautan (BULL) has splashed out $39.7m to buy 2006-built LR2 product tankers FSL Piraeus…
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Nam Cheong to expand offshore facility in Labuan
Malaysian offshore marine group Nam Cheong has signed an MOU to enter into a lease agreement with Labuan Corporation, an…
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Epic Gas acquires Japanese LPG carrier
Singapore-based LPG carrier operator Epic Gas has announced the acquisition of 2015-built 11,000 cu m LPG carrier . The Sasaki-built…
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Swire Pacific Offshore closing Swire Seabed
Singapore headquartered Swire Pacific Offshore says that it will be closing Swire Seabed AS and its three associated companies at…
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SK Gas, Korean National Oil and MOL team up on Ulsan chemical terminal development
SK Gas, Korea National Oil Corporation and MOL Chemical Tankers have entered into an agreement to jointly develop a chemical…
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Atlantic Gulf & Pacific invests in Kanfer Shipping
Philippines-based gas logistics company Atlantic Gulf & Pacific (AG&P) has made a strategic equity investment in Kanfer Shipping, a Norway-based…
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MOL moves ahead with bow wind-shields for larger boxships
Mitsui OSK Lines (MOL) has ramped up its bow wind-shield designs for larger boxships. Together with Samsung Heavy Industries, MOL…
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Euronav firms up Malaysian bunkering operations
Belgian tanker giant Euronav has signed a service agreement making Malaysia’s Linggi Port its supply base providing low sulphur fuel…
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Polaris in for newcastlemax pair at Waigaoqiao
South Korean owner Polaris Shipping has returned to Shanghai Waigaoqiao for a pair of newcastlemaxes as part of its ongoing…
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Japanese unite for Brazil FPSO project
Four Japanese conglomerates are proceeding with a deepwater FPSO charter project off Brazil. MODEC, Mitsui & Co, Mitsui OSK Lines…
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