Asia
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Keppel goes global with its LNG ambitions
French LNG containment manufacturer GTT has signed a technical assistance and licence agreement (TALA) with Singapore’s Keppel Offshore & Marine…
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MSPL puts post-panamax pair up for sale
Indian iron ore miner MSPL, part of the Baldota Group, has put a pair of 2011-built post-panamax bulkers up for…
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Elektrans liquidates Singapore subsidiary
Elektrans is liquidating a subsidiary in Singapore. The Indian-owned tanker player has been in the headlines for the last couple…
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MODEC acquires VLCC from Chandris
Japan-based floating production specialist MODEC has acquired the 2002-built VLCC from Greek owner Chandris, according to shipbroking sources. The price…
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Sapura Energy to sell 50% stake in upstream business to OMV
Malaysian oil and gas services company Sapura Energy has entered into an agreement with Austrian energy company OMV to sell…
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STX given refund guarantee boost for Oceangold Tankers order
South Korean yard STX Offshore & Shipbuilding has secured a refund guarantee from Korea Development Bank (KDB) for an order…
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Dorian LPG accuses BW of being disingenuous as takeover row escalates
The war of words between Dorian LPG and prospective buyer BW LPG continues. BW has been chasing its rival LPG…
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Nam Cheong claims worst is over for offshore
Malaysian OSV operator and builder Nam Cheong reckons the worst is over for the hard hit offshore sector and that…
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Wilhelmsen ups its 3D printing game in Singapore
Wilhelmsen has partnered with Ivaldi Group to deploy an additive manufacturing facility in the Wilhelmsen Ships Service’ facilities in Singapore.…
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Struggling ASL Marine seeks talks with noteholders
Struggling Singaporean offshore shipbuilder and vessel charterer ASL Marine will meet with holders of its outstanding medium-term notes next week…
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Triomphe Shipping Lines: New entrant on the grain trades
French agricultural group Invivo Grains and Global Equity Group have partnered to form Triomphe Shipping Lines in Singapore. According to…
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Tasik Subsea takes ownership of Southern Star
Chinese shipbuilder Mawei Shipbuilding has confirmed the sale of 2017-built high-specification dive support vessel (DSV) to Singapore owner Tasik Subsea.…
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ONE opts for low sulphur fuel
Japanese container shipping line Ocean Network Express (ONE) has announced that it considers low sulphur fuel oil as the most…
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AET Tanker adds another shuttle tanker at Samsung Heavy
MISC subsidiary AET Tankers has placed a new shipbuilding order at South Korean yard Samsung Heavy Industry for the construction…
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CH Offshore CEO resigns
Singapore OSV operator CH Offshore has announced that the company’s CEO and executive director James William Noe had resigned to…
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MOL shuns LNG with its 2020 fuel policy
With Maersk determined to pursue a low sulphur fuel future, eshewing scrubbers and LNG when the global sulphur cap comes…
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BW LPG to retrofit four vessels with LPG-propelled dual fuel engines
Singapore’s BW LPG has signed contracts for the retrofitting of four vessels with LPG-propelled dual fuel engines, which it claims…
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Korean government approves mission to retrieve Stellar Daisy VDR
The Korean government has approved funding to launch a mission to retrieve the voyage data recorder (VDR) of the sunken…
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NYK and Mitsubishi Logistics form port terminal JV
Japanese shipping major Nippon Yusen Kaisha (NYK) has announced that it has agreed to form a joint holding company with…
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MOL using articificial intelligence to predict cape freight markets
The world’s largest operator of dry bulk vessels has revealed it has been using articificial intelligence for the last two…
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