Asia
-
Korea Line secures $1.15bn LNG contract
Korea Line Corp has won a 20-year LNG shipping deal worth KRW1.27trn ($1.15bn). Korea Gas Corp (Kogas) awarded the Samra…
Read More » -
AET orders shuttle tanker pair for Statoil contract
Singapore-headquartered AET, part of Malaysia’s MISC, has ordered a pair of DP2 offshore loading shuttle tankers to operate under an…
Read More » -
Perisai Petroleum secures jackup extension from Petronas
Malaysia’s Perisai Petroleum has announced that its subsidiary Perisai Offshore has executed the supplementary contract with Petronas for the provision…
Read More » -
South African Competition Commission rejects Japanese boxline merger plans
Plans by Japan’s three largest shipping lines to merge their container divisions have been thrown into disarray again. The South…
Read More » -
India initiates global marketing blitz to promote crewing capabilities
India’s private and public sectors are coming together to promote the nation’s seafarers to global shipping in a bid to…
Read More » -
MCC Transport appoints new CEO as Wichmann departs
Maersk Line’s Singapore-headquartered Intra-Asia operator MCC Transport has announced changes to its senior management resulting from Tim Wichmann leaving the…
Read More » -
Oceangold Tankers orders two MR2 tankers at STX Offshore
Greek owner Oceangold Tankers has placed an order at South Korea’s STX Offshore & Shipbuilding for the construction of two…
Read More » -
Nam Cheong hit by OCBC writ of summons, warns of possible going concern issue
Malaysian offshore shipbuilder Nam Cheong, which is currently in discussions with lenders and advisers to restructure its business, has received…
Read More » -
Polaris sends elderly VLOCs into cold layup
Polaris Shipping, the troubled South Korean dry bulk owner, has decided to send some of its vintage ore carriers into…
Read More » -
CarVal takes HMM cape for $30.5m
Weeks after Korean owner Hyundai Merchant Marine (HMM) invited offers for the 178,896 dwt old , Splash can finally reveal…
Read More » -
China Steel Express confirms order for four capesizes
Taiwanese owner China Steel Express (CSE) has approved a plan to order four 208,000dwt capesize bulkers at Taiwanese and Japanese…
Read More » -
Icon Offshore awarded AHTS contract by Petronas
Malaysian OSV operator Icon Offshore has secured a contract from PCPP Operating Co, a 40% Petronas-owned associate, to provide an…
Read More » -
Barakah Offshore secures $14.3m offshore contract
Malaysian offshore service provider Barakah Offshore subsidiary PBJV Group has received a letter of award from Samling Resources for offshore…
Read More » -
Petredec heads to Jiangnan for up to four VLGCs
Singapore’s Petredec, one of the largest movers of LPG in the world, is bolstering its fleet with the addition of…
Read More » -
Hanjin Heavy sells block manufacturing site
Hanjin Heavy Industries & Construction has sold off a block manufacturing site located in Dadaepo in the southwest of Busan…
Read More » -
Japanese authorities investigating deadly ship collision that killed seven US Navy personnel
Japanese authorities are now investigating how an NYK chartered boxship slammed into the side of a US Navy destroyer over…
Read More » -
Hyundai Merchant Marine sells product pair
Hyundai Merchant Marine (HMM) has sold a pair of pump room MR product tankers for $10.5m each. The sister ships…
Read More » -
USCG airlifts ailing crewman from MOL chemical tanker in Gulf of Mexico
The US Coast Guard (USCG) medevaced a crewman from a chemical tanker in the Gulf of Mexico after the man…
Read More » -
NYK Line boxship slams into side of US destroyer, seven sailors missing
Seven US sailors are missing after the a US Navy destroyer collided with a 2,900 teu box ship around 56 nm off…
Read More » -
Asian Exim banks throwing good money after bad
Throwing good money after bad – that does seem to be the modus operandi of arguably the two most powerful…
Read More »