Asia
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Synergy Group sets up shop in Copenhagen
Singapore-headquartered ship management firm Synergy Group has opened a new office in Copenhagen. The office is Synergy’s 13th worldwide, and…
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NYK clinches 25-year coal shipping contract
Japanese shipping major NYK has secured a 25-year contract with Van Phong Power Company, a wholly owned subsidiary of Sumitomo…
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NYK becomes first Japanese shipping line to complete a carbon-neutral voyage
NYK has become the first Japanese shipping company to complete a carbon-neutral voyage by offsetting 5,000 tons of carbon dioxide…
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THE Alliance slides further back in megamax parade
THE Alliance is sliding further behind its two rivals when it comes to deploying megamax boxships, with latest data showing…
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Pelita Samudera Shipping snaps up handysize bulker from IMC
Indonesian coal shipping and logistics company Pelita Samudera Shipping (PSS) has grown its fleet to a total of six bulkers…
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Yinson suffers FPSO cancellation in Vietnam
Malaysian FPSO operator Yinson Holdings has announced that its joint venture company PTSC Ca Rong Do has suffered a termination…
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Maersk Tankers takes seven MR tankers from AET
Denmark’s Maersk Tankers has acquired seven 38,000 dwt STX-built MR1 tankers from Malaysian-owned AET in an en bloc deal, according…
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BULL charges for two more aframaxes
Five month after announcing it was raising $84m for new ships, 20-ship strong Indonesian tanker owner Buana Lintas Lautan (BULL)…
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Peter Weernink pounces for SwissMarine with help from John Fredriksen
Peter Weernink has bought out his old company, SwissMarine, with a little help from John Fredriksen. Weernink, who quit SwissMarine…
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Haze prompts Singapore visibility warning
The Maritime and Port Authority of Singapore (MPA) yesterday issued a reduced visibility warning to ships, as farmers slash and…
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Goldenport linked to Shoei Kisen feeder containership
John Dragnis-led Goldenport has acquired 2010-built 1,700 teu containership , according to Seasure Shipbroking. Goldenport has handed over $8.3m to…
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Tamarind Resources demobilises COSL rig as drilling suspended at Tui oil field
Kuala Lumpur-headquartered oil and gas company Tamarind Resources has suspended drilling activities at its Tui oil field offshore New Zealand…
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Petronas urges Kuala Lumpur to assist local lines in switching to greener fuels
Malaysia’s energy major Petronas has urged the national government to provide incentives to local owners to help switch to cleaner…
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Sovcomflot and NYK seal $176m LNG vessel refinancing incorporating Poseidon Principles
Sovcomflot and NYK Line have sealed a new $176m credit facility which will be used to refinance LNG carriers Grand…
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Weekly Bunker: Deceptive numbers
Physical premiums in Singapore continue to be extremely strong leaving many owners searching for alternate options. The graph below illustrates…
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Action plan presented in Bangladesh to improve shipping’s most dangerous profession
With the death toll at Bangladesh’s shipbreaking yards showing no sign of abating, a local trade union has presented the…
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MOL shows off its AI vessel recognition system
Japan’s largest shipping line, Mitsui OSK Lines (MOL, today revealed how its brand new vessel image recognition and recording system…
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Icon Offshore secures AHTS contract from Petronas
Malaysian offshore service provider Icon Offshore has secured a contract from Petronas to supply one anchor handling tug supply vessel…
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Posh to manage CIMC semi-submersible crane vessel
Singapore-headquartered offshore marine company PACC Offshore Services Holdings (Posh) has sealed a ship management agreement with asset management company Ocean…
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Kim Heng secures horizontal drilling contract
Singapore’s Kim Heng Offshore & Marine Holdings has secured a horizontal directional drilling (HDD) contract, via subsidiary Kim Heng Marine…
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