Asia
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Dorian LPG rejects BW takeover bid
US-headquartered LPG vessel owner Dorian LPG has rejected last month’s unsolicited $1.1bn takeover offer submitted by Singapore’s BW LPG. Dorian…
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NYK books Oshima coal carrier
Japan’s Nippon Yusen Kaisha (NYK) has gone to compatriot yard Oshima Shipbuilding for a Tier III coal carrier, which will…
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Fire rips through Shreyas boxship off Kolkata
Containership suffered an explosion onboard while near Kolkata, India yesterday. The incident happened when the 1,118 teu vessel, operated by…
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Yinson set to close Nigerian FPSO deal
Malaysia’s Yinson Holdings has started exclusive negotiations to supply a floating production storage and offloading (FPSO) to Nigeria’s First Exploration…
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Varun’s Khatau plots comeback
Bust shipowners rarely go under for long. In India, one of the country’s most high profile casualties of the shipping…
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Crew member dies after explosion on Indian chemical tanker
An explosion onboard Indian chemical tanker has killed one of the ship’s crew. The vessel was anchored off Cochin Port…
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Waruna cements place as fastest growing tanker player in Southeast Asia this year
Waruna Nusa Sentana is by some distance Southeast Asia’s fastest growing tanker player this year. The subsidiary of Indonesia’s Waruna Group…
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Court grants Pacific Radiance six-month moratorium
The High Court of Singapore has granted financially troubled OSV operator Pacific Radiance a six-month moratorium in order to preserve…
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DSME boss hints yard could be bought by Samsung or Hyundai
Not for the first time the CEO of Korean shipyard giant Daewoo Shipbuilding & Marine Engineering (DSME) has said there’s…
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Another famous name in Japanese shipbuilding closes its doors to commercial vessels
Another famous dockyard in Japan is reportedly closing its doors to commercial ships come the end of next year, according…
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Hyundai Heavy suffers vessel bottleneck thanks to Iran sanctions
The US re-imposing sanctions on Iran has left South Korea’s largest shipbuilder Hyundai Heavy Industries (HHI) with an awkward bottleneck…
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Sevan Marine sells majority of business to Sembcorp Marine
Norwegian marine engineering and design house Sevan Marine has entered into an agreement with Sembcorp Marine Integrated Yards, a subsidiary…
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Maran Gas executes options for LNG carrier and FSRU at DSME
Maran Gas, a unit of Greek owner Angelicoussis Shipping Group, has provided shipyards with some rare cheer at Posidonia this…
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Korea Ocean Business Corporation allocates $251m to support domestic lines
Korea Ocean Business Corporation (KOTC), South Korea’s state-sponsored ship finance unit, will allocate a first round of around KRW26.8bn ($251m)…
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Ezion liftboat capsizes in the South China Sea
Singapore offshore operator Ezion Holdings has announced that one of the liftboats, , has capsized in the South China Sea.…
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Japanese firms dive in for more product tankers
Big name Japanese companies have dived in for new product tankers. Brokers report Marubeni has signed for two 79,900 dwt…
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Pan Ocean orders boxship pair at Hyundai Mipo
South Korean owner Pan Ocean has placed an order at domestic yard Hyundai Mipo Dockyard for the construction of two…
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MPA and NUS Enterprise launches maritime accelerator programme
Singapore’s Maritime and Port Authority (MPA) and NUE Enterprise, the entrepreneurial arm of the National University of Singapore, has officially…
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K Line top brass face repeated calls for their removal
Once again top brass at Japan’s third largest shipping line, Kawasaki Kisen Kaisha (K Line) are fearing for their jobs…
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CMA CGM and PSA sign digital pact
CMA CGM’s Ze Box and PSA unboXed have signed a Memorandum of Understanding (MoU) to drive digitalisation and innovation in…
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