Asia
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Dyna-Mac founder Desmond Lim dies
Singapore offshore fabrication firm Dyna-Mac has announced the demise of its founder, chairman and CEO Desmond Lim on Saturday at…
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Mermaid Maritime awarded three-year IRM contract extension
Thai subsea specialist Mermaid Maritime has announced that its local joint venture has secured a three-year contract extension with an…
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MTM takes Union Maritime product tanker pair
Singapore’s MTM Group has bought two product tankers from UK’s Union Maritime in an enbloc deal. According to Banchero Costa,…
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BW Gas adds two LNG carriers at DSME
BW has returned to South Korean yard Daewoo Shipbuilding & Marine Engineering (DSME) for the construction of two 174,000 cu…
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Emas Offshore officially placed under judicial management
Offshore vessel operator Emas Offshore, part of Singapore’s Ezra Holdings, has had its July application to be placed under judicial…
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K Line secures woodchip carrier contract with Nippon Paper Industries
Japan’s Kawasaki Kisen Kaisha (K Line) has entered into an agreement with Nippon Paper Industries for the long-term charter of…
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Bangladesh looks at flying boxes to alleviate congestion
Bangladesh is looking at getting containers to fly in order to alleviate crippling truck congestion at its top port. Chicago-based…
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POSH to liquidate POSH Terasea joint venture
Robert Kuok’s Singapore-listed PACC Offshore Services Holdings (POSH) has reached an agreement with its joint venture partner to wind up…
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India bans single use plastics on ships
India has become the world’s first country to ban single use plastics on ships, with China widely tipped to follow…
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Temasek bids to take control of Keppel sparking Sembcorp merger rumours
Singapore’s state-owned investment firm Temasek Holdings is making a S$4bn ($2.94bn) offer to increase its stake in Keppel Corporation to…
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Epic Gas completes refinancing of 20 ships
Singapore headquartered gas shipping specialist Epic Gas has completed the refinancing of twenty ships in its fleet. According to the…
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Vietnamese boxship capsizes near Ho Chi Minh City
The 660 teu feedermax containership capsized on the Long Tau River near Ho Chi Minh City of Vietnam on Saturday.…
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Kyoei Tankers books VLCC newbuilding at Namura
Kyoei Tankers, a unit of Japan’s NYK Group, has placed an order at domestic yard Namura Shipbuiding for the construction…
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Pacific Radiance ordered to pay $4.55m in arbitration with Waigaoqiao Shipbuilding
Singapore-based offshore vessel operator Pacific Radiance has announced that Hong Kong International Arbitration Centre (HKIAC) has ruled against its joint…
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Keppel Corporation adds SS Teo to its board
Keppel Corporation has announced the appointment of Singapore shipping veteran Teo Siong Seng (SS Teo) along with Tham Sai Choy…
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Ultra Deep Solutions secures long-term contract for newbuild DSV
Singapore’s Ultra Deep Solutions has announced that newbuild diving support vessel Andy Warhol has been signed to a long-term contract. The…
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MODEC awarded Marlim FPSO deal by Petrobras
Japan’s MODEC has received a letter of intent from Petrobras for the supply, charter, and operations of an FPSO vessel…
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MSC exercises options for five 23,000 teu boxships at DSME
Mediterranean Shipping Company (MSC) has signed shipbuilding contracts with South Korean yard Daewoo Shipbuilding & Marine Engineering (DSME) for the…
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MPA revokes bunker operator licence of Inter-Pacific Petroleum
The Maritime and Port Authority of Singapore (MPA) has revoked the bunker craft operator licence of Inter-Pacific Petroleum as part…
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Hutchison adds more capacity at Karachi
Imran Khan, prime Mminister of Pakistan met Eric Ip, group managing director of Hutchison Ports, yesterday to discuss the Hong…
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