Asia
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Emas Offshore white knights revealed
Emas Offshore, part of Singapore’s Ezra Holdings, has revealed the identity of white knights who are injecting cash into the…
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NSB forms Indonesian shipmanagement venture
A new powerful shipmanagement joint venture in Southeast Asia has been established. Temasline, an Indonesian containerline, is partnering with Germany’s…
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Samsung Heavy gears up for the smart ship era with Inmarsat
Inmarsat has signed a groundbreaking Memorandum of Understanding (MoU) with Samsung Heavy Industries (SHI), establishing a relationship to leverage the…
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Great Eastern Shipping acquires gas carrier
India’s Great Eastern Shipping has announced the acquisition of a 1997-built 35,420 cu m gas carrier as it looks to…
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PV Drilling secures jackup rig contract from KrisEnergy
Petrovietnam Drilling & Well Service Corporation (PV Drilling) has announced that it has entered into a contract with Singapore’s KrisEnergy…
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Pioneer Marine appoints Torben Janholt as CEO
Singapore dry bulk owner Pioneer Marine has appointed Torben Janholt as its new CEO, replacing Pankaj Khanna who left the…
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Emas Offshore commences restructuring as white knight emerges
Emas Offshore, part of Singapore’s Ezra Holdings, has filed an application to the High Court of Singapore to pave the…
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Ceylon Shipping says it was ripped off by China when procuring ultramax pair
An investigation in Sri Lanka has concluded the nation’s state-run shipping line was ripped off by the Chinese in procuring…
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Sembcorp Marine terminates Petroleum Teknologi jackup pair
Singapore’s Sembcorp Marine has announced that its subsidiary yard PPL Shipyard has terminated contracts with Malaysia’s Perisai Petroleum Teknologi for…
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Chang Myung finally finds a buyer for seven-year-old cape
South Korea’s Chang Myung Shipping has finally sold the seven-year-old cape having had the 179,000 dwt bulker in the shop…
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HMM confirms orders for up to 10 VLCCs and two boxships
A year to the day since compatriot Hanjin Shipping went at its expense, South Korea’s Hyundai Merchant Marine (HMM) announced…
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Southeast Asian remote inspection company formed
Singapore-based M3 Marine Group and Indonesia’s ROV Inspeksi are collaborating to form a new remote inspection company. The new company,…
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Hyundai Mipo shutters one of its four drydocks
Hyundai Mipo Dockyard has suspended operations at one of its four drydocks through to the end of the year as…
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Rampant Southeast Asian boxport expansion questioned
Boxport rivalry in Southeast Asia could be set to get a whole lot more intense with recent news from Kuala…
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Kra backers rebrand project as the Thai Canal with marketing picking up for ambitious Asian waterway
The backers of the Kra Canal are stepping up marketing, rebranding the centuries-old project as the Thai Canal and will…
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Post-Hanjin reality, one year on
Does anyone still remember the excitement of Maersk’s EEE (18,340 teu) coming into service in 2015? Any passion still left…
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Noble Group readies sale of oil and LNG units
With its debts ballooning embattled Noble Group, an Asian commodities giant, will likely offload its oil and LNG units next…
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Two suppliers lose bunker licenses in Singapore
The Maritime and Port Authority of Singapore (MPA) has announced that it will not be renewing the bunker supplier licences…
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Sinokor acquires VLCC from JX Ocean
South Korean owner Sinokor Merchant Marine has acquired 298,400dwt VLCC from Japan’s JX Ocean according to VesselsValue. The portal reveals…
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Vinalines and Rent-A-Port to develop grain port at Hai Phong
Vietnam National Shipping Lines (Vinalines) and Belgian company Rent-A-Port have signed a memorandum of understanding to cooperate in building a…
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