Asia
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MOL pioneering augmented reality to help seafarers
Japan’s Mitsui OSK Lines (MOL) continues to beat its own urgent path towards autonomous ships. MOL today signed an agreement…
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Sembcorp Marine sells West Rigel rig
Sembcorp Marine subsidiary Jurong Shipyard has signed an agreement to sell semi-submersible rig to an undisclosed buyer for $500m. The…
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Keppel agrees to pay $422m to settle US bribe charges related to Petrobras scandal
The US Department of Justice (DOJ) announced on Friday that Singapore-based shipbuilder Keppel Offshore & Marine and its US subsidiary…
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HSH Nordbank puts FSL Trust up for sale
As it seeks to find a suitor to take it over Germany’s HSH Nordbank has put the holding company of…
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International Seaways takes six Euronav VLCCs
American tanker operator International Seaways has revealed it is the company taking six modern Euronav VLCCs for $434m on the…
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Ultra Deep Solutions reveals another long-term charter
Fresh from sealing a five-year charter for newbuild dive support construction vessel Van Gogh, Singapore subsea owner Ultra Deep Solutions…
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MOL and Rolls-Royce join forces in latest autonomous ship drive
Japan’s largest shipping company, Mitsui OSK Lines (MOL), has become the latest maritime entity to sign up with Rolls-Royce Marine…
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Marco Polo Marine gets approval for Indonesian yard debt restructuring
Singapore’s Marco Polo Marine has received court approval for a debt restructuring of its Indonesian yard PT Marcopolo Shipyard. PT…
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Bumi Armada commences worker cull as part of OSV department reorganisation
Malaysian offshore services giant Bumi Armada is reorganising its OSV business unit, which is likely to see 40% of the…
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HMM eyes giant ships with new money raised
South Korea’s Hyundai Merchant Marine (HMM) will split the KRW600bn ($554m) it has raised from a rights issue this month…
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SM Line reaches out to HMM on the transpacific
South Korea’s SM Line is seeking to partner with compatriot Hyundai Merchant Marine (HMM) on the transpacific. SM Line, which…
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US seeks to blacklist 10 ships for transporting certain items to North Korea
The US has called on the United Nations Security Council to blacklist 10 ships that it says transported banned items…
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Kim Heng fixes AHTS trio in East Malaysia
Kim Heng Offshore & Marine has been awarded spot charters in East Malaysia for its three anchor handling tug supply…
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Modec to provide and run FPSO for Petrobras project in Libra block
Brazil’s state oil firm Petrobras has signed a deal with Japan’s Modec, a supplier of offshore platforms, to build and…
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Shinsung Shipping orders four cargo ships at Dayang Offshore
South Korean owner Shinsung Shipping has placed an order at China’s Jiangsu Dayang Offshore Equipment for the construction of four…
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Taiwanese owner takes shipping as a casino maxim literally
The shipping business is compared to the gaming industry ad nauseam. Now, however, one Taiwanese shipowner has taken that synonym…
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FSL Trust seeks to extend loan repayment terms
FSL Trust directors have been in negotiations with lenders to extend a $480m loan by a year. FSL still has…
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Ultra Deep Solutions in for well intervention vessel at CMHI
Singapore’s Ultra Deep Solutions has signed an LOI with China Merchants Heavy Industry for a SALT 310 well intervention vessel.…
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Ultra Deep Solutions seals five-year charter for newbuild DSCV
Singapore subsea owner Ultra Deep Solutions has entered into a five-year charter agreement with Malaysia’s Red Tech Offshore for newbuild…
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Seamec DSV awarded Dolphin Offshore charter
Indian dive support vessel owner Seamec has been awarded a contract by compatriot Dolphin Offshore Enterprises to utilise the 1983-built…
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