Asia
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Three finalists in the running to take over Shipping Corp of India
Three bidders have been finalised for the sale of the government’s 63.75% stake in Shipping Corporation of India (SCI). The…
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Hyundai Heavy pursues green hydrogen project in Sea of Japan
South Korean shipbuilder Hyundai Heavy Industries (HHI) has partnered with nine companies, including state-run Korea National Oil Corporation (KNOC), on…
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Yokohama crowned world’s most efficient container port
The Japanese port of Yokohama has been crowned as the world’s most efficient box facility in a new study launched…
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NYK seals crew transfer vessel bareboat charter contract
Japan’s Nippon Yusen Kaisha (NYK) has concluded a bareboat charter contract with Northern Offshore Service (NOS), a subsidiary of the…
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Share prices of global liners leap 400% during the pandemic
Investors have piled into the red-hot container shipping market, sending share prices for top liners skywards. Alphaliner has run the…
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Economics of ammonia-ready ships questioned
Asiatic Lloyd has signed for two firm ammonia-ready 7,100 teu boxships. The deal with Dalian Shipbuilding Industry Co for the…
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Egyptian court blocks Ever Given’s departure
An Egyptian court ruled yesterday that the 20,388 teu containership which blocked the Suez Canal in March will continue to…
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Shipping unites to raise funds for India
Seafarer welfare charities and shipping industry players have launched an emergency relief fund in order to support seafarers and their…
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SM Line acquires classic panamax boxship from Borealis
South Korean shipping firm SM Line is expanding its fleet with the acquisition of 2009-built 4,228 teu boxship from UK-based…
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Tanjung Offshore awarded Petronas contract
Malaysian offshore service provider Tanjung Offshore, part of T7 Global, has received a work order award from Petronas for the…
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Covid immigration controls heap pressure on Singapore’s shipyards
Immigration restrictions thanks to Covid-19 are heaping pressure on Singapore’s shipyards. In a trading update yesterday, Sembcorp Marine, one of…
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Eastern Pacific and Rio Tinto enter charter for up to six dual-fuel LNG newcastlemaxes
Singapore-based tonnage provider Eastern Pacific Shipping (EPS) has entered into an agreement with miner Rio Tinto for three LNG dual-fuelled…
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Nissen sells its third cape this year
Japanese shipping mammoth Nissen Kaiun has sold its third cape this year. The latest sale exemplifies the dramatic price increase…
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Velesto rig sinks off Malaysia
Velesto Energy-owned jackup rig has sunk off the Malaysian state of Sarawak while operating for ConocoPhillips. The incident occurred at…
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Singapore extends crew ban across South Asia
Singapore has extended its travel ban across south Asia as soaring cases of Covid-19 create huge problems for crew changes.…
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Petronas adds three LNG newbuilds with Hyundai charter
Malaysia’s Petronas has signed a time charter deal with Hyundai LNG Shipping (HLS) for three newbuild 174,000 cu m LNG…
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Ace contracts Dae Sun for up to eight chemical tankers
South Korean yard Dae Sun Shipbuilding has won contracts from Ace Tankers for four firm 33,000 dwt stainless steel chemical…
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K Line establishes offshore wind division
Kawasaki Kisen Kaisha (K Line) became the last of Japan’s big three lines to formally establish an offshore wind division…
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DSME wins LPG orders
South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has signed a KRW184.5bn ($166.5m) deal to build two LPG carriers for…
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Total expands offshore wind portfolio with Taiwan deal
French energy group Total has signed an agreement with wpd to acquire a 23% stake in Yunlin Holding, the owner…
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