Asia
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SM Line merging with Woobang Engineering & Construction
South Korean’s SM Line has announced the merger with Woobang Engineering & Construction, an affiliate construction unit of the company’s…
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TechnipFMC awarded Sabah subsea contract
TechnipFMC has been awarded a subsea contract for the Phase 1A Block H Gas Development Project off Sabah, Malaysia by…
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Cosco buys into Jakarta container logistics firm
Cosco’s Singapore-listed subsidiary is buying into an Indonesian logistics provider as it diversifies fresh from group restructuring which saw its…
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Shoei Kisen’s huge orderbook will see its box fleet double in size this decade
Shoei Kisen Kaisha, the shipowning arm of Japanese yard Imabari Shipbuilding, is set to control the world’s third largest non-operating…
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Bust Swiber makes floating LNG play
Bust Swiber Holdings has rolled the dice in a bid to find a new business stream. One of many offshore…
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NYK moves to acquire remaining stake in Yusen Logistics
Japanese shipping firm Nippon Yusen Kaisha (NYK) has announced an offer to acquire the remaining 40.4% equity stakes of its…
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Aegean Marine Petroleum exits Singapore bunker market
Marine fuel logistics company Aegean Marine Petroleum Network has decided to exit the Singapore market as a physical supplier as…
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Ports urged to work together to slash carbon footprint
Ports should work together to share emissions data and find ways to make the air cleaner, according to engineering consultancy…
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Nhat Viet buys first bulker
Nhat Viet Transportation Corp has added its first bulker. The cabotage specialist has in the past focused on the wet…
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Apeejay snaps up second panamax bulker in quick succession
Apeejay Shipping has taken its second bulker in the space of just a couple of months, adding a 2004-built panamax,…
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North Korea accused of hacking into DSME
North Korea stands accused of hacking into one of the world’s top shipbuilders. A South Korean politician has claimed the…
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Precious Shipping loses arbitration with Chinese yard
Thai dry bulk owner Precious Shipping has revealed it has lost an arbitration over excessive fuel consumption regarding a series…
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Tanker attacked off Batam
A tanker managed by Sharjah-based Silver Star Ship Management was attacked by five assailants yesterday off Singapore. Five men carrying…
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China to finance major Bangladesh pipeline project
China continues to reshape energy flows into the Bay of Bengal. Having constructed pipelines through Myanmar into China, Beijing has…
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Sojitz buys into Spanish LNG terminal
Japanese commodity tradier Sojitz Corporation has announced the acquisition of full ownership of Spanish company First State Regasificadora. First state,…
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South Korea’s only drilling rig up for sale
Korea National Oil Corp (KNOC) has put its semi-submersible rig up for sale, citing the rising repair and maintenance costs…
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Triyards restructuring hit by demand letters from lenders
Singapore’s Triyards Holdings, part of the stricken Ezra Holdings group, says it has received demand letters from two of its…
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MOL deploys virtual reality goggles to improve safety
Japan’s largest shipowner Mitsui OSK Line (MOL) is using virtual reality to improve seafarer safety. MOL has developed a mariner…
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Samudera Shipping offloads two ships as it exits domestic trades
Indonesia’s Samudera Shipping has announced the disposal of a pair of vessels as it works to sell of a large…
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Korea Line orders VLOC pair at Hyundai Heavy
Korea Line Corporation has announced today that it has placed an order with Hyundai Heavy Industries for the construction of…
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