Asia
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FSL Trust sends aframax into Teekay RSA
Singapore’s FSL Trust Management has agreed to employ 115,000 dwt aframax tanker in the Teekay aframax revenue sharing agreement. The…
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Emas Offshore subsidiary faces being wound up after ICBC serves demand
Offshore vessel operator Emas Offshore, one of the only companies in the Ezra Holdings group that hasn’t filed for chapter 11,…
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Stellar Cosmo alarm monitoring system defect fixed
As first reported by Splash, the has suffered a defect, but it has since been fixed and the Polaris Shipping-controlled…
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Salvation for DSME
Daewoo Shipbuilding & Marine Engineering (DSME), one of the world’s largest shipbuilders, has been saved from financial oblivion. Key bondholder,…
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Britannia Maritime Consultants: Technology and accidents at sea
Paul Martin, an experienced consultant and former pilot, skilled at casualty investigation and management, has this year formed Britannia Maritime…
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Petronas orders offshore platform at MMHE
Malaysia Marine and Heavy Engineering (MMHE) has won a RM1bn ($227m) contract from Petronas for the construction of an offshore…
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Atlantic Navigation latest Singapore company to have going concern issues flagged
Offshore services company Atlantic Navigation Holdings is the latest Singapore-listed company to have its ability to continue as a going…
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Exclusive image shows MSC Daniela fire damage
Splash has been sent an image of the burnt taken today which clearly shows the damage to many containers onboard.…
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Maritime CEO Forum tackles shipping’s HR crunch
The last 20 years have seen an unprecedented increase of ships and whilst it takes nine months to build a…
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Kogas selects Korea Line and Samsung Heavy for Jeju LNG project
Korea Gas Corporation (Kogas) has selected Korea Line Corporation and Samsung Heavy Industries to build and operate a pair of…
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‘Rolling like I’m inside a washing machine’: Terrifying account of the sinking of the Stellar Daisy
The two survivors of the sinking have related how the ore carrier sank very rapidly in a report seen by…
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DSME’s top bondholder and creditor finally find common ground to save the yard
A deal has been reached to save one of the world’s largest shipbuilders. Doubts had been growing this month that…
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Pelayaran Tamarin Samudra plans May IPO
Indonesian offshore vessel operator Pelayaran Tamarin Samudra has announced a plan for its IPO on the Jakarta Stock Exchange. Pelayaran…
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Marco Polo Marine proposes debt restructuring
Singapore offshore vessel operator Marco Polo Marine has proposed a refinancing and debt restructuring exercise of all its current secured…
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Swissco sells AHTS to reduce debt
The interim judicial managers of Singapore OSV operator Swissco Holdings has announced that subsidiary Swissco Offshore has entered into a…
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Another defect found on a Polaris VLOC
The hunt for the has been plunged into chaos with another converted VLOC that had been leading the search and…
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Burnt boxes on MSC Daniela still too hot to handle 9 days after blaze
Nine days after a blaze broke out in the aft section of the 13,800 teu firefighters are still having to…
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KMTC sells last bulker to focus on boxships
Korea Marine Transport (KMTC) has sold the last bulk carrier in its fleet and will focus on container shipping business.…
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Could Stellar Daisy spark an end to the converted VLOC?
Could a significant chunk of the global dry bulk fleet be set for accelerated scrapping? With a third elderly Polaris…
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Samudera to sell six ships as part of plans to exit Indonesian domestic trades
Singapore-listed Samudera Shipping is seeking shareholders’ permission to sell ships as it pushes ahead with a strategy to exit the…
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