Asia
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Seoul studies nuclear potential for ships
The state-run Korea Research Institute of Ships and Ocean Engineering (KRISO) is studying developing core technologies for small modular reactor…
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HD Hyundai backs Scottish offshore wind sector
South Korea’s HD Hyundai Heavy Industries has signed a memorandum of understanding (MOU) with Scottish Enterprise (SE) and Highlands and…
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Seatrium looks into new energies and AI for offshore and marine sector
Singapore shipbuilder Seatrium has partnered up with the city-state’s Agency for Science, Technology and Research (A*STAR) to explore research opportunities…
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Consortium looking to create green corridor between North America and Asia
Companies from North America, Asia, and Europe have formed a new consortium which will work on creating a new corridor…
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Marco Polo Marine fixes financing deal for CSOV newbuild
Singapore offshore vessel player and shipyard Marco Polo Marine, along with its Taiwan-based subsidiary PKR Offshore, has entered into a…
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HMM lays out plans to double fleet size by 2030
HMM, South Korea’s flagship carrier, laid out mid-term expansion plans yesterday which will see its container fleet nearly double in…
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Singfar contracts for two aframaxes
Singfar Group has expanded its newbuild series with a contract in China for a pair of aframax tankers. The Singapore-based…
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Korean LCO2 storage tanks unveiled
A South Korean manufacturer has unveiled how the world’s largest liquefied carbon dioxide (LCO2) storage tanks will look like. Sejin…
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Singapore retains global shipping hub crown
Singapore’s maritime mantelpiece needs reinforcement, groaning from all the trophies, accolades and awards lavished towards the Lion Republic, the preeminent…
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MOL continues offshore wind drive with module carrier order in China
Mitsui OSK Lines (MOL) has contracted a private Chinese yard, Taizhou Sanfu Ship Engineering, for the construction of a module…
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Seatrium and Shell to partner on floating production systems
Singapore yard group Seatrium has signed a non-binding memorandum of understanding (MoU) with a subsidiary of energy supermajor Shell to…
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BW Offshore sells FPSO for recycling
Oslo-listed floater specialist BW Offshore has signed an agreement to recycle its floating production storage and offloading (FPSO) vessel Petróleo…
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CY Shipping and BigLift Shipping order two ships in China
Partners CY Shipping and BigLift Shipping have increased their fleet of heavylift vessels to six vessels, by adding two ships…
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JERA to perform first-ever truck-to-ship bunkering of fuel ammonia
Japan’s largest utility JERA has decided to implement truck-to-ship bunkering of ammonia to an ammonia-fuelled tugboat owned by NYK Line.…
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PaxOcean to build first electric vessels for Kuok-led alliance
The Kuok Maritime Group-led Coastal Sustainability Alliance (CSA) has announced the start of construction of the first fully electric PXO…
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Transpacific container contracts ‘substantially below’ initial asking rates
The first batch of transpacific contracts are concluding for the May 2024-April 2025 period with analysts at Jefferies reporting Asia-US…
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Thai PM calls for Bangkok Port to be relocated
Bangkok Port is to be relocated. Srettha Thavisin, Thailand’s prime minister, has vowed to regenerate the area along the Chao…
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Pan Ocean behind pricey tanker order at Hyundai Mipo
Pan Ocean has been named as the owner of high-priced product tanker newbuilds at a competitor yard in South Korea.…
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HD Hyundai unveils novel gas containment material
HD Hyundai is developing a plastic rival gas containment system to today’s dominant supplier, Gaztransport & Technigaz (GTT). South Korea’s…
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Sapura Energy awarded subsea services contract by Shell
Malaysian offshore services provider Sapura Energy has been awarded a contract to provide pan-Malaysia underwater services for the Petronas group…
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