Asia
-
Bumi Armada refinances debt
Malaysian offshore production and support services provider Bumi Armada has refinanced its unsecured term loans of $380m and revolving credit facilities…
Read More » -
HMM to expand cooperation with FESCO
South Korean flagship carrier HMM is expanding its cooperation with Russia’s FESCO. HMM has been jointly operating a China-Korea-Russia weekly…
Read More » -
Tan Binh stocks up on more Japanese handies
Vietnam’s fastest growing owner and biggest handy specialist, Haiphong- based Tan Binh, continues to add ships, adding a third handysize…
Read More » -
HMM’s new CEO in Europe for crunch talks with Maersk and MSC
Jae-hoon Bae, the newly installed president and CEO at HMM, South Korea’s flagship carrier, has wasted little time hopping on…
Read More » -
Why doesn’t Asia influence world shipping more?
Regular Splash contributor Santosh Patil questions why the world’s most important region for shipping is so quiet on the international…
Read More » -
Petronas takes four Velesto jackups on one-year contracts
Malaysia’s Velesto Energy subsidiary Velesto Drilling has been awarded contracts by Petronas for four of its jackup rigs. The charters…
Read More » -
Video highlights path owners must take to comply with the sulphur cap
Just what do owners and operators need to have prepared by the end of this month in order to be…
Read More » -
750 days after dramatic sinking, report finally published into Stellar Daisy’s hull failure
It’s taken fully 750 days but finally over the Easter weekend the Marshall Islands flag issued its report into the…
Read More » -
MOL deploys augmented reality technology on tanker bridges
The bridges of many of Japan’s Mitsui OSK Lines’ (MOL) tankers are set to get the fighter jet treatment with…
Read More » -
Hyundai LNG Shipping expands into LPG market with VLGC order
Hyundai LNG Shipping, a joint venture between Korean private equity firm IMM and shiponwer HMM, has placed an order at…
Read More » -
Tag Offshore abandons its only tanker with 17 crew onboard
Indian offshore service provider Tag Offshore is believed to have abandoned its 1991-built MR tanker along with its 17 crew.…
Read More » -
Samsung Heavy wins $963m FPSO contract
South Korea’s Samsung Heavy Industries is celebrating winning a huge FPSO contract worth $963m. The yard revealed in a release…
Read More » -
Boskalis awarded Indonesian dredging contracts
Royal Boskalis Westminster has been awarded two contracts in Indonesia for dredging work on the islands of Sulawesi and Java.…
Read More » -
Kenny Rogers walks away from Aurora Tankers
A well-known name in Singapore shipping circles has had a career change. Kenny Rogers, head of Aurora Tankers, part of…
Read More » -
Maritime CEO Forum: Dry bulk hit by bad luck or something far more serious?
The first quarter for dry bulk was a “total train wreck”, but is that just down to a series of…
Read More » -
Thoresen picks up Nisshin Shipping ultramax
Thailand’s Thoresen Shipping has acquired 2014-built ultramax from Nisshin Shipping for mid to high $18m, according to broking sources. The…
Read More » -
Keppel Offshore & Marine scores new contracts worth $118m
Singapore’s Keppel Offshore & Marine, via subsidiaries Keppel Shipyard and Keppel FELS, have secured integration and upgrading contracts worth a…
Read More » -
MOL invests in six Reliance ethane carriers
Japan’s Mitsui OSK Lines (MOL) has taken its Indian energy shipping aspirations to the next level by investing in six…
Read More » -
BW’s takeover of Epic Gas nears completion
BW Group’s acceptance period for its voluntary unconditional offer of Epic Gas passed yesterday with the Andreas Sohmen-Pao-led company now…
Read More » -
Maritime CEO Forum: Innovative or nickel and diming?
Is shipping innovative or does it just harness technology to save a few cents here and there? That was the…
Read More »