Asia
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Desperate Nam Cheong chairman throws his own money into the pot
With the grim prospect of liquidation being banded around, leading Malaysian shipbuilder Nam Cheong’s executive chairman has stepped into the…
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Pacific Radiance commences debt restructuring discussions
Singapore OSV owner Pacific Radiance says it has commenced debt restructuring discussions with its bank lenders. Pacific Radiance indicated in…
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Shoei Kisen offloads another handy bulker
Japanese shipping giant Shoei Kisen continues to prune its stock of handy bulkers, offloading the 2008-built, 28,300 dwt to little…
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Six injured as poorly loaded cargo tilts ship onto berth
Six men were injured yesterday when a Vietnamese general cargo ship tilted to starboard while being loaded at Visakhapatnam Port…
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Malaysians congratulated for quick piracy response
Masafumi Kuroki, executive director, at the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP)…
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HMM completes its first blockchain pilot voyage
South Korea’s Hyundai Merchant Marine (HMM) has become the latest containerline to highlight its foray into blockchain. The company revealed…
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Mercator Lines to be wound up
The bust Singapore dry bulk offshoot of India’s Mercator Group will be no more come Friday. Mercator Lines (Singapore) went…
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Mermaid Maritime wins new contracts for DSV pair
Thailand’s Mermaid Maritime has won new contracts for two of its dive support vessels, for work in Southeast Asia and…
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Shipping can learn from the Korean mess
When one looks at the current problems between the Democratic People’s Republic of Korea (DPRK) and the United States of…
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Keppel signs up for Indonesian LNG distribution
Singapore’s Keppel Offshore & Marine Limited (Keppel O&M) has entered into a heads of agreement (HOA) with compatriot Pavilion Energy…
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Triyards becomes latest Singapore offshore concern to enter restructuring
Triyards Holdings, part of Ezra Holdings, has become the latest name in Singapore offshore circles to enter restructuring. The offshore…
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Cosco Shipping seals charter deal with PIL
Cosco Shipping has announced that it has entered into a time charter agreement with Singapore’s Pacific International Lines (PIL) involving…
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NYK places orders for four VLCCs
Japan’s Nippon Yusen Kaisha (NYK) is keeping compatriot shipyards busy. The giant shipping line has just inked contracts for four…
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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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