Asia
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Singapore warns crew coronavirus tests are being tampered with as HK reviews its seafarer stance
Singapore has warned coronavirus tests for crew coming to the city-state have been altered or tampered with, something could could…
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PIL’s HQ up for sale
As it awaits an urgent financial injection from the state, Singapore’s Pacific International Lines (PIL) has put its headquarters up…
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OCBC files application to place Xihe Holdings under judicial management
OCBC Bank has filed an application with Singapore High Court to place Xihe Holdings and four of its shipowning units under judicial…
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Buyers of Eastern Pacific tonnage emerge
Buyers of several low key Eastern Pacific Shipping (EPS) deals are slowly emerging. EPS has sold one vintage tanker and two bulkers…
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Alba Tankers snaps up Norstar product tanker
Sweden’s Alba Tankers has added to its fleet with the acquisition of a product tanker from Singapore’s Norstar Shipping, Splash…
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TAS Offshore terminates newbuild contracts for 16 OSVs in China
Malaysian OSV operator TAS Offshore has entered into agreements with Chinese shipbuilder Hangtong Shipbuilding to terminate contracts to construct 16…
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Wilhelmsen Ship Management buys into MPC’s Ahrenkiel Steamship
MPC Capital has sold a 50% stake in its shipmanagement subsidiary Ahrenkiel Steamship to Wilhelmsen Ship Management. Both parties have…
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DSME working with Busan and Rotterdam ports to develop smart ships
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has signed an agreement with the Port of Rotterdam Authority to…
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DP World tipped to buy out Shreyas Shipping and Logistics
Two units of Dubai-based Transworld Group including a feeder boxline are being widely reported as close to being bought by…
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India allows foreign seafarers to sign off at its ports
India’s directorate general of shipping ruled on Friday to allow foreign seafarers to sign off at Indian ports and then…
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Fleet clear-out at Doriko
Packaged en bloc sales of bulk carriers are dominating headlines this summer as several shipowners clear out their older vessels,…
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Second time lucky for BW as kamsarmax trio notch improved prices
Sometimes in the rollercoaster ride that is shipping a failed deal can prove beneficial. Take BW Dry Cargo, the Andreas…
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Kumiai Navigation signs for third dual-fuel VLGC newbuild
Japan’s Kawasaki Heavy Industries has won another order from compatriot Kumiai Navigation for an additional 84,000 cu m VLGC, set…
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NYK buys into tugboat venture in Vietnam
Japanese owner NYK Line has acquired 15% shares of Thoresen Vinama Tug (TVT) and entered the tugboat business at Phu…
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Sembcorp Marine CEO volunteers to take 50% pay cut
Sinagapore shipbuilding group Sembcorp Marine’s CEO Wong Weng Sun has volunteered to take a 50% pay cut as part of…
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Surging demand sees new lay-up destinations emerge
With demand for lay-up services growing, traditional parking lots for unused ships are becoming congested forcing shipowners to seek alternative…
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Cross-industry initiative in Japan seeks to transform CO2 from steel mills into new shipping fuel
Nine Japanese companies – including shipyards, shipping line Mitsui OSK Lines (MOL), Class NK and steel mills – are looking…
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MISC moves into VLEC sector through deal with Satellite Petrochemical
Malaysian national shipping group MISC has entered into memorandum of agreements with China’s Zhejiang Satellite Petrochemical for the acquisition of…
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BW LPG offloads 30-year-old VLGC
BW LPG has announced the sale and delivery of VLGC , with the vessel to be used by its new…
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Fratelli Cosulich adds a seventh bunker tanker in Singapore
Fratelli Cosulich has revealed to Splash that a seventh unit has been added to its fleet of bunker tankers deployed…
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