Asia
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Fredriksen fails to halt DHT’s takeover of BW’s VLCCs
John Fredriksen’s bid to thwart DHT Holdings taking on the 11-strong VLCC fleet belonging to BW Group looks like it…
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Epic Gas adds to its fleet
Singapore’s Epic Gas has entered in an agreement to acquire a secondhand 7,500cu m LPG carrier. The vessel, built by…
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Goseong yard to focus on repair
The rump of the once mighty STX empire continues to be hived off. Goseong Offshore & Shipbuilding, a Korean yard…
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Japan and the EU file complaint with the OECD over DSME’s bailout
Japan and the European Union have filed a complaint with the OECD, maintaining that the Korean state-run banks’ bailout of…
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IACS ‘anxious’ about Stellar Daisy loss
The head of the International Association of Classification Societies says he’s ready to learn from any defects or mistakes made…
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Repair work on Polaris VLOC taking longer than planned
When the Polaris Shipping-controlled broke its course and made for Cape Town seeking repairs at the start of the month…
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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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