Asia
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Hutchison Port Holdings Trust sails out of the Straits Times Index
Hutchison Port Holdings Trust is to be booted from Singapore’s Straits Times Index after its market value slumped dramatically. …
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H-Line orders LNG carrier at Hyundai Samho
South Korean owner H-Line has placed an order at domestic yard Hyundai Samho Heavy Industries for the construction of a…
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Bumi Armada sells FPSO for $40m
Malaysia’s Bumi Armada has entered into an agreement with Nigeria’s Century Energy Services Limited (CESL) for the sale of the…
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Sinokor bags $16m newcastlemax
Mizuho Sangyo has found a taker for one of its two newcastlemaxes it put in the shop window last week.…
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Indonesia announces another nickel ore export ban
This week Indonesia announced a ban, to start in the new year, on the export of nickel ore. While it…
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India toys with giving domestic shipping a sulphur cap pass
The Hindu Business Line, one of India’s premier financial newspapers, is reporting New Delhi is contemplating not imposing the global…
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Petredec orders ethylene carrier quartet at Jiangnan Shipyard
Singapore’s Petredec, one of the largest movers of LPG in the world, has placed an order at CSSC’s Jiangnan Shipyard…
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Epic Gas refinances LPG carrier pair
Singapore-based LPG shipping company Epic Gas has completed the refinancing of 2010-built 7,200 cu m LPG carriers Epic Bali and…
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Valesto awarded jackup contract by Petronas
Malaysia’s Valesto Energy has been awarded a contract by oil major Petronas for 2005-built jackup rig . The contract is…
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SR Shipping takes d’Amico supramax
Italian shipowner d’Amico Dry has sold 2008-built supramax bulk carrier . Confirming the sale to Splash, the company said: “We…
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Hyunsung MCT places debut ship order at Daehan
South Korean company Hyunsung MCT has placed its debut ship order at domestic yard Daehan Shipbuilding for the construction of…
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Berge Bulk acquires HNA capesize
Singapore-based bulker owner Berge Bulk has acquired a 2014-built capesize bulker from Shanghai HNA Marine Shipping, a shipping unit of…
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Oil spill and lifeboat from missing Indonesian bulker found
The search and rescue teams for the missing bulk carrier found signs of the ship over the weekend, 10 days…
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Sembcorp Marine scores $288m worth of new contracts
Singapore’s Sembcorp Marine has secured a series of new contracts with a total value of around S$400m ($288m) to provide…
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MOL targets Turkey’s steel sector
Japan’s largest shipowner Mitsui OSK Lines (MOL) is looking to make dry bulk inroads into Turkey. MOL has signed an…
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Two dead, three injured at Bangladeshi breaking yard
Two workers were killed and three others injured after a cable attached to a ship collapsed on them at a…
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PSA completes acquisition of Penn Terminals
Singapore-based port operator PSA International has completed the acquisition of Penn Terminals, located on the Delaware River in the US,…
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Total to take another NYK LNG carrier on long-term charter
Japanese owner NYK says it has signed a new long-term contract with Total subsidiary Total Gas & Power Chartering Limited…
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Nur Allya search teams race to check reports of oil slick
Ten days since the bulker was last heard from, search and rescue teams headed today to waters around Obi island…
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Djakarta Lloyd eyes 2022 IPO
Indonesian state-owned shipping company Djakarta Lloyd is planning to conduct an initial public offering on the Indonesia Stock Exchange by…
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