Asia
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Sapura Energy awarded slew of new contracts
Malaysian offshore service provider Sapura Energy has secured a series of new contract and extensions worth a total of RM774m…
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ONE mega containership slams into tanker at Piraeus port
The 2016-built ultra large containership was involved in an accident at Perama port in Piraeus, Greece on Thursday. The incident…
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MOL participates in Russian gas transhipment projects across the Northern Sea Route
Gas infrastructure along Russia’s Northern Sea Route is set to get a Japanese upgrade with news Mitsui OSK Lines (MOL)…
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PSA stamps control in Genoa
PSA International is bolstering is position in Genoa, firming a deal to take majority control of Terminal Sech, the city’s…
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Excelerate get approval for Bay of Batangas FLNG
Texas-headquartered Excelerate Energy has received approval from the Philippine Department of Energy (DOE) to proceed with a floating LNG import…
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Bumi Armada secures $75m financing support from major shareholder
Malaysian offshore service provider Bumi Armada has received up to RM317m ($75m) of financing from Mezzanine Equities, a unit of…
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ClassNK highlights risk of delays as shipping leaves ballast water commitments to the last moment
The world’s second largest shipping classification society has warned the industry to buck its leave-it-to-the-last-moment mentality and get a move…
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Samsung Heavy Industries to develop ships powered by solid oxide fuel cells
South Korean shipbuilder Samsung Heavy Industries (SHI) and US company Bloom Energy have announced a collaboration to design and develop…
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Kmarin adds two VLOCs at Qingdao Beihai
South Korea ship investment firm Kukje Maritime (Kmarin) has placed orders at China state-run yard Qingdao Beihai for an additional…
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FDX Offshore takes over Womar Logistics
US maritime finance firm FDX Offshore, backed former GE Capital chairman Denis Nayden, has acquired Singapore-based pool operator Womar Logistics.…
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MISC, NYK and Mitsubishi shake hands on LNG Canada project
Malaysia’s top shipowner, MISC, has signed with Japan’s Nippon Yusen Kaisha (NYK) and Mitsubishi Corporation to co-own two newbuild LNG…
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Kyklades adds two more suezmax tankers at Hyundai Samho
Alafouzos family-controlled Kyklades Maritime has placed an order at Hyundai Samho in South Korea for the construction of two 158,000…
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McDermott awarded Myanmar FEED contract
Houston-headquartered McDermott International has been awarded a front-end engineering design (FEED) contract by Posco for the Shwe Phase 3 gas…
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NYK orders LNG-fuelled PCTC at Shin Kurushima
Japanese shipowner NYK has placed an order at domestic yard Shin Kurushima Toyohashi Shipbuilding for the construction of a single…
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Transocean relinquishes drillship pair under construction at Samsung
Offshore driller Transocean has announced that it will relinquish its interests in two drillships under construction at South Korea’s Samsung…
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Capsized car carrier off Brunswick leaks bunker fuel
The 2017-built, 7,700 ceu car carrier , which capsized near the American port of Brunswick earlier this month, has leaked…
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POSH Terasea hit by another default
Robert Kuok’s Singapore-listed PACC Offshore Services Holdings (POSH) says that its 50% owned subsidiary POSH Terasea is facing another default…
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Altomare snaps up VLCC from NYK
Greece’s Altomare has acquired 2005-built 310,300 dwt Imabari VLCC , according to broking sources. Altomare has taken the Toyo from…
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Soechi Lines takes Meiji Shipping supramax
Indonesian tanker owner Soechi Lines has acquired the 2005-built aframax bulker from Japanese owner Meiji Shipping According to shipbroking sources,…
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POSH warns on troubled joint venture with Ezion
Robert Kuok’s Singapore-listed PACC Offshore Services Holdings (POSH) could be hit with an impairment charge of up to $42m, following…
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