Asia
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Panamax acquisition takes Apeejay fleet past the 5m dwt mark
India’s Apeejay Shipping has bought its second panamax bulker of the year, taking a 13-year old, Japanese-built 76,602 dwt ship…
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Shipping Corp of India buys second suezmax this year
Shipping Corporation of India has just added the 149,993 dwt to its fleet list, paying just below $33m for the…
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Keppel wins new contracts worth $96m
Singapore’s Keppel Offshore & Marine has secured new projects via subsidiaries Keppel FELS Brasil and Keppel Shipyard from repeat customers…
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FSL Trust confirms feeder boxship sale to MPC
Struggling Singapore shipping trust First Ship Lease Trust has confirmed the sale of 2003-built feeder boxship to Germany’s MPC Container…
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Loss making Samsung Heavy replaces CEO
South Korea’s Samsung Heavy Industries, one of the world’s largest shipbuilders, has installed Joonou Nam as its new CEO after…
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Essar details shopping list
Essar Shipping has detailed its shopping list with liquid bulk to the fore. The private Indian owner’s CEO Ranjit Singh,…
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Former Hanjin Shipping boss jailed for insider trading
Choi Eun-young, 55, the former chairwoman of now-defunt Hanjin Shipping was handed an 18-month jail sentence by a court in…
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Former DSME CEO handed six-year prison term
Nam Sang-tae, 67, the former CEO of Daewoo Shipbuilding & Marine Engineering (DSME), was yesterday handed a six-year jail term…
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Greek owners back at DSME for more tankers
Greek owners are finishing the year like they started it – by ordering tankers in South Korea. John Angelicoussis was…
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GTT acquires majority stake in Ascenz
French LNG engineering company GTT has acquired a 75% stake of Singaporean tech firm Ascenz. Ascenz, founded by Chia Yoong…
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MOL shows off revolutionary gas-powered coal carrier
Mitsui OSK Lines (MOL) along with fellow Japanese companies Tohoku Electric Power and Namura Shipbuilding have jointly earned an Approval…
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Three Emas Offshore vessel charters terminated
Singapore offshore support vessel operator Emas Offshore has been served notices terminating the bareboat charter of Lewek Arial, Lewek Lynx…
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Sembcorp Marine and Shell sign FPU letter of intent
Sembcorp Marine subsidiary Sembcorp Marine Rigs & Floaters has signed a letter of intent (LOI) with Shell for the construction…
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APL resurrects the President ship naming tradition
CMA CGM has delved into the archives in renaming a pair of boxships it bought for subsidiary APL recently. Alphaliner…
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MOL predicts seaborne bauxite trade will grow 40% by 2025
Japan’s Mitsui OSK Lines (MOL) has won a five-year bauxite transport contract from Alufer Mining. Capesizes will be deployed to…
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Hyundai Heavy wins multiple VLCC contracts
Christmas has come early for the world’s largest shipbuilder with a bumper crop of VLCC contracts just in. Allied Shipbroking…
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Maersk adding 200 tech savvy engineers in India
A.P. Moller-Maersk is hiring more than 200 engineers at its new Centre of Excellence in Bengaluru to help the world’s…
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UMW awarded ConocoPhillips Sarawak jackup contract
Malaysia’s UMW Oil & Gas Corporation has announced that subsidiary UMW Offshore Drilling has won a contract with ConocoPhillips Sarawak…
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Mitsubishi Heavy restructures shipbuilding division
One of Japan’s top shipbuilders is going through yet another restructuring. From January 1, Mitsubishi Heavy Industries will create two…
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Many dead as bunker tanker collides with fishing vessel off Incheon
In the worst South Korean maritime disaster since the dreadful sinking of the Sewol in 2014 a bunker tanker collidied…
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