Asia
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Avin heads to Korea for suezmax pair
Greek owner Avin International has placed an order for two firm 158,000 dwt suezmax tankers at Hyundai Heavy Industries in…
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Akij makes its most expensive bulker play
Bangladesh’s Akij Group has completed its most expensive secondhand purchase to date. Sources say that fast growing player has paid Dojima…
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Diana Shipping fixes capesize pair
Greek dry bulk owner Diana Shipping has fixed two of its capesizes, one to Peter Weernink’s new venture Singapore Marine…
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Icon Offshore awarded AHTS contract by Shell
Malaysian offshore vessel owning giant Icon Offshore has been awarded a contract by Sarawak Shell/Sabah Shell Petroleum Company a contract…
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KS Energy charters semi-submersible rig to Eni in Indonesia
KS Energy has announced that the consortium PT Java Star Rig, a joint venture of KS Drilling and Universal Energy…
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K Line top management forced to defend themselves from irate shareholders again
As has now become tradition in the Japanese summer maritime calendar, for the third straight year top management at Kawasaki…
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Topouzoglou closes in on FSL Trust buyout
Prime Marine’s Stathis Topouzoglou together with a group of investors is closing in on buying out Singapore’s First Ship Lease…
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EMAS Offshore escapes Oslo exchange delisting
Offshore vessel operator EMAS Offshore, part of Singapore’s Ezra Holdings, has been given a reprieve by Oslo Børs after the…
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NYK joins One Sea Autonomous Ship Alliance
Japan’s NYK Group has announced that its research subsidiary Monohakobi Technology Institute (MTI) has joined One Sea Autonomous Ship Alliance,…
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K Line swoops for Seawing’s kite system
Announced on Thursday at Nor-Shipping, Japanese shipping giant Kawasaki Kisen Kaisha (K Line) has decided to install a giant kite…
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India’s Allcargo sells last ship
India’s Allcargo Logistics has quit shipowning and the coastal shipping business with the sale of the last vessel of what…
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Fredriksen tipped to be behind LNG pair at Samsung Heavy
John Fredriksen’s Flex LNG has been tipped by brokers to be behind orders for another pair of LNG carriers worth…
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Samsung Heavy debuts revolutionary VLCC design
South Korea’s top shipyards are busy developing the next generation of VLCC designs. At yesterday’s Nor-Shipping exhibition on the outskirts…
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Hyundai Heavy pushes ahead with LNG-fuelled VLCC with rotor sails
On Wednesday at Nor-Shipping Lloyd’s Register presented South Korea’s Hyundai Heavy Industries (HHI) with approval in principle (AiP) for a…
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Hahn & Co mulls sale of H-Line
South Korean private equity firm Hahn & Co is considering the sale of its shareholdings in domestic shipping company H-Line,…
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Hyundai Heavy’s due diligence of DSME hit by protests
Hyundai Heavy Industries (HHI) is not finding it at all easy in its pursuit of compatriot yard Daewoo Shipbuilding &…
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Chellaram makes first sale in a year
Hong Kong owner Chellaram Shipping completed its first move in the secondhand market in a year.The 13-strong bulker specialist has…
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Hyundai Heavy shareholders vote in favour of DSME merger
Despite fierce opposition from its workforce all week, shareholders in Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, voted in…
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Environmentalists slam port authority over size of fine handed to KMTC
Local environmentalists in Thailand have slammed the paltry fine handed to South Korean owner KMTC, the operator of feeder containership…
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EMAS Offshore to be delisted from Oslo exchange
For the third time since February last year, Oslo Børs has pledged to remove Ezra Holdings subsidiary EMAS Offshore from…
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