Asia
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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Qatar fixes regular direct calls with India
Qatar continues to strike new shipping arrangements in the wake of its sudden diplomatic isolation. With many Arab countries cutting…
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Statoil and Astomos studying the potential of LPG as a marine fuel
Could LPG make a late bid in the running as the next marine fuel? Two very big names in the…
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Korean government in dialogue with Hyundai Heavy to keep Gunsan yard open
The Korean government is looking into the closure of Hyundai Heavy’s Gunsan yard, trying to find a solution to keep…
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Precious ditches final ultramax at Taizhou Sanfu
In an announcement to the Thai stock exchange, Precious Shipping has revealed it has canned the last ship it had…
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Pacific Radiance wins $45m worth of new contracts
Singapore offshore vessel owner Pacific Radiance has secured new contracts worth a total of $45.3m including options. The contracts will…
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PDZ containership released by court
Malaysian owner PDZ Holdings has announced that Kuala Lumpur High Court has allowed the company’s application to uplift and set-aside…
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Mermaid Maritime awarded two more subsea contracts
Thailand’s Mermaid Maritime has been awarded a pair of subsea contracts from oil majors with a combined value of around…
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New Delhi mulls SCI stake sale
Shares of Shipping Corporation of India leapt today after a government think-tank suggested another 26% of the nation’s flag carrier…
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Ship capsizes in Strait of Malacca, two missing
Two men are missing after an Indonesian general cargo capsized in the Strait of Malacca today, having been hit by…
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