Asia
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ONE stands out with unique scrubber approach
Japan’s Ocean Network Express (ONE) will be the only major container carrier to operate no scrubbers come the start of…
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K Line orders newcastlemax at JMU for JEF Steel charter
Japanese owner Kawasaki Kisen Kaisha (K Line) has entered into a newbuilding contract with Japan Marine United for the construction…
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Valesto awarded jackup contract by Carigali Hess
Malaysia’s Velesto Drilling, part of Valesto Energy, has been awarded a contract by Carigali Hess Operating Company for 2015-built jackup…
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US court rules in favour of ICTSI in long-running Portland case
Manila-headquartered International Container Terminal Services, Inc (ICTSI) has been handed $93.6m by a federal jury in the US over a…
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Dasin Holdings seals sale and leaseback for eight supramaxes with Cosco Shipping Leasing
Singapore-based bulker owner Dasin Holdings has sold eight supramax bulk carriers to Cosco Shipping Leasing under a sale and leaseback…
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TGO acquires LPG carrier pair from BW
BW LPG, the gas shipping unit of BW Group, has sold 2003-built 44,800 dwt LPG carriers BW Nantes and BW…
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Kuok moves to take POSH private
Quetzal Capital, a company formed by members of the Malaysian tycoon Robert Kuok’s Kouk group of companies, has announced a…
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Singapore authorities arrest 11 men for illegal MGO transaction
Singapore’s Police Coast Guard (PCG), in a joint operation with the Maritime and Port Authority of Singapore (MPA), has arrested…
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Abo Shoten returns to Kambara Kisen for supramax buy
Japanese owner Abo Shoten, which this year is celebrating its 60th anniversary, has acquired 2016-built Tsuneishi supramax , according to…
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Sentek Marine orders suezmax quartet at New Times Shipbuilding
Singapore’s Sentek Marine & Trading has placed an order with China’s New Times Shipbuilding for the construction of four 158,000…
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Oldendorff signs coal transport contract with Bangladesh Chinese Power Company
Germany’s Oldendorff Carriers has signed a coal transportation agreement with Bangladesh Chinese Power Company Limited (BCPCL). The agreement will see…
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Sembcorp Marine scores FPU contract with Shell
Singapore’s Sembcorp Marine, via subsidiary Sembcorp Marine Rigs & Floaters, has won a contract from Shell Offshore to build a…
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Seven Islands takes another handy
Seven Islands Shipping’s purchasing spree continues with its tenth purchase in the last 12 months. Broker sources tell Splash that…
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Sohmen-Pao urges shipping to come up with its own carbon levy
Shipping must urgently draft its own carbon levy, one of the world’s top shipowners has said today. Speaking at the…
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Michael Parker predicts up to 90% of shipping banks will sign up to the Poseidon Principles
One of the founders of shipping’s key green finance move, the Poseidon Principles, has said he expects the vast majority…
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Grindrod Shipping inks Japanese sale and leaseback
Singapore-based Grindrod Shipping is going to enter into a $10.3m financing agreement with a Japanese shipowner for its 2011-built handysize…
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Dongbang Transport Logistics and Cosco form heavylift partnership
South Korean shipping company Dongbang Transport Logistics and China’s Cosco Shipping Specialized Carriers have signed a memorandum of understanding to…
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MODEC seals Barossa FPSO contract with ConocoPhillips
Japan’s MODEC has signed a contract with ConocoPhillips Australia Barossa to supply a floating production storage and offloading vessel for…
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Swire Shipping and Lodestar partner up on breakbulk service
Singapore’s Swire Shipping has teamed up with Lodestar, the logistics and shipping division of New Zealand’s Oji Fibre Solutions, to offer…
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Ezion pockets just $3 from sale of stacked rig trio
Singapore’s Ezion Holdings has moved to offload three jackup rigs which have not been able to find work. Atlantic Tiburon…
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