Asia
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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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Nine detained as authorities investigate STX blast
Nine men from STX Offshore & Shipbuilding and its subcontractors were detained by South Korean authorities as part of investigations…
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Swan Energy orders FSRU at Hyundai Heavy Industries
India’s Swan Energy has announced that subsidiary Triumph Offshore has executed a shipbuilding contract with Hyundai Heavy Industries for the…
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Wilmar snaps up supramax pair from Norr Systems
Singapore’s Wilmar Ship Holdings has acquired two supramax bulk carriers from compatriot company Norr Systems. According to broking sources, the…
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Samra Midas merges SM Line, Korea Shipping Corporation and Woobang Engineering & Construction
The parent of new Korean container carrier SM Line will bolster the liner’s financials by folding two other companies into…
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Last payouts made at defunct Rickmers Maritime Trust
Rickmers Maritime Trust has been wound up with the last payments made to unsecured creditors, leaving many investors out of…
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Charter fixed for the world’s largest FSRU
The world’s largest FSRU – due to be delivered in a couple of months – has found a charter in…
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PetroVietnam ready to liquidate Dung Quat Shipyard
State-run energy firm PetroVietnam is prepared to liquidate a loss-making shipyard it owns. In a report filed to the trade…
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Singapore and Japan forge LNG-fuelled car carrier ties
The Maritime and Port Authority of Singapore (MPA) and the Ports and Harbours Bureau of the Ministry of Land, Infrastructure,…
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MOL joins blockchain consortium
Japan’s Mitsui O.S.K. Lines (MOL) has announced it has will participate in a Japanese consortium to developing a trade data…
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Tanker watchers keep an eye on JX Ocean’s VLCC sale
The fleet rejuvenation scheme at Japan’s JX Ocean will reach an interesting crossroads this Wednesday. JX Ocean – part of…
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World Marine sells chunk of assets to ST Engineering for $25m
Rig repair, fabrication and services company World Marine of Mississippi (WMM) has sold a number of its assets to Singapore…
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MOL tanker cleared to depart New York after grounding
An oil products tanker that ran aground briefly in the shipping channel between New York and New Jersey did not…
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Brazil takes steps against substandard Asian shipbreakers
Brazil’s federal environmental watchdog Ibama is taking measures to ensure the nation’s big exporters do not offload their older ships…
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Seoul creates $4.4bn company to aid maritime turnaround
In the ongoing resuscitation of the nation’s ailing shipping and shipbuilding sectors, South Korea’s Ministry of Oceans and Fisheries is…
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