Asia
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Zodiac linked to K Line VLCC transaction
Sources are dripping new information into last week’s sale of Kawasaki Kisen Kaisha’s (K Line) oldest VLCC, the 2007-built ,…
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Solomon Trader owner denies crew were out celebrating Chinese new year at time of grounding
One month and one day on from the ship’s grounding, the insurer and the owner of the finally issued a…
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Nisshin puts kamsarmaxes up for sale as newbuilds start to flood in
Japan’s Nisshin Shipping is looking to offload three modern kamsarmaxes from its fleet as it makes way for an influx…
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Hong Lam Marine acquires bunker tanker
Hong Lam Marine, Singapore’s largest bunker vessel operator, has acquired the 2013-built small clean tanker from compatriot company Heng Tong…
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Indonesia detains more than 20 ships for illegal anchoring near Singapore
There has been a recent spike in the number of anchored vessels detained by Indonesian authorities in waters near Singapore,…
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Tan Binh snaps up handysize bulker from Ulises
Tan Binh continues to snap up Japanese-built handysize bulkers, with brokers naming it as the buyer of 2004-built Shin Kochi…
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JMU contracted to build revolutionary bunker tanker
Japan Marine United (JMU) has won a unique order from Eco Bunker Shipping to build Asia’s first bunkering tanker capable…
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Singapore takes the lead in promoting e-bills of lading
Singapore authorities are amending existing legislation to ensure the republic remains at the forefront of the digitalisation of global trade.…
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Kunlun takes another ageing Sinokor VLCC
China’s Kunlun Holdings has added its second VLCC this year, tapping South Korean friend Sinokor for the 2002-built . A…
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BW Offshore moves to acquire Maromba field from Petrobras and Chevron
BW Offshore said it is contemplating to enter into agreements to acquire 100% of the Maromba field offshore Brazil from…
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Maestro Shipping takes Mitsubishi handy bulker
Japanese owner Mitsubishi Corporation continues to downsize its bulker fleet, having sold its 2014-built handysize bulker . According to shipbroking…
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Dong-A Tanker looks to offload chemical tanker pair
South Korea’s Dong-A Tanker is looking to sell two 2009-built chemical tankers. Brokers are circulating the Dong-A Iris and Dong-A…
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Bumi Armada appoints new CEO
Malaysian offshore production and support services provider Bumi Armada has announced that its CEO Leon Harland will be concluding his contract…
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Yinson Holdings secures FPSO contract in Nigeria
Malaysia’s Yinson Holdings has been awarded contracts from First Exploration & Petroleum Development Company (First E&P) for the charter, operations…
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Maritime arbitration sees gradual shift to Asia
London might be losing its status as the major maritime arbitration centre in the future as Asian cities, include Singapore…
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Port congestion crisis grows at Manila
As Manila faces up to its worst port congestion crisis since the crippling box crunch of 2014, stakeholders including terminal…
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KSS Shipping secures ammonia shipping contract, eyes fleet growth
South Korean shipping firm KSS Shipping has secured a contract for ammonia transportation from Indonesia company Parna Raya. The contract,…
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Jaldhi Overseas adds vintage chemical tanker
Brokers report active Indian owner Jaldhi Overseas has bought the 2006-built, 19,800 dwt chemical tanker for just under $12m from…
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Gil Ofer: ‘2019 set to be a milestone year for maritime startups’
Idan Ofer’s Eastern Pacific Shipping and startup specialists Techstars have launched a shipping startup accelerator in Singapore. The EPS MaritimeTech…
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Japan comes out in favour of open-loop scrubbers
Japanese authorities have declared washwater discharge from open-loop scrubbers to be not harmful to the environment, lending credence to a…
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