Asia
-
Aban Offshore secures drillship contract from ONGC
Indian offshore driller Aban Offshore has received a letter of award from ONGC for the charter of the drillship for…
Read More » -
Dong-A Artemis sale sets very firm threshold for capes
Secondhand capesize prices are spiking fast. Clarkson Research reports South Korea’s Dong-A Tanker looks to have sold a 2012-built cape,…
Read More » -
Colombo Dockyard eyes wind installation sector
Amid a severe ordering drought, Sri Lanka’s only shipbuilder is having to seek alternative revenue streams. Colombo Dockyard, which received…
Read More » -
JSW Group outlines global port ambitions
India looks set to have a private port operator on the global stage with Sajjan Jindal, chairman of the JSW…
Read More » -
Cochin Shipyard to raise up to $229m via IPO
India’s state-run Cochin Shipyard has filed IPO papers with the Securities and Exchange Board of India (SEBI) and is looking…
Read More » -
BW LPG refinances ex-Aurora ships with new $290m facility
BW LPG is refinancing six 2016-built VLGCs with a new $290m debt facility arrangement. The vessels are from the Aurora…
Read More » -
Soldiers free Abu Sayyaf-held master
One of two seafarers taken captive on Thursday by Philippine militant group Abu Sayyaf was freed on Saturday as local…
Read More » -
Solvang confirms ethylene carrier pair at Hyundai Mipo Dockyard
Norway’s Solvang has confirmed an order with South Korea’s Hyundai Mipo Dockyard for the construction of two firm 21,000 cu…
Read More » -
Singapore oil and gas inferno
The very real risk of contagion spreading across already battered offshore-related stocks on the Singapore Exchange (SGX) probably explains why…
Read More » -
Container lines slapped with strict new pricing rules in Vietnam
Shippers in Vietnam are celebrating a decree by Hanoi that forces all containerlines to publicise all of their charges including…
Read More » -
Magsaysay Transport and Logistics: How to make shipping in the Philippines easier
A well-known name in Southeast Asian shipping circles, Ian Claxton, quit his post at Thailand’s Thoresen Shipping, and is now…
Read More » -
APL master appears in HK court over controversial armoured vehicles shipment
The Chinese master of an APL ship at the centre of a controversial shipment of armoured vehicles from Taiwan to…
Read More » -
Abu Sayyaf attacks again
Philippine terrorist organisation Abu Sayyaf has once again been linked with two attacks in the south of the country. The…
Read More » -
Seoul fines DSME accountant for ‘turning a blind eye’ to huge accounting fraud
South Korea’s financial regulator has banned accounting firm Deloitte Anjin from conducting new audits for 12 months as punishment for…
Read More » -
Ezra’s downfall sparks ripple effect
The ripple effect of Ezra Holdings’ bankruptcy petition in the US last week is spreading far and wide. Fellow Singaporean…
Read More » -
BW sells all of its VLCCs to DHT Holdings
Tanker consolidation continues apace with news today that Singapore’s BW Group has sold its fleet of 11 VLCCs, including two…
Read More » -
Hong Kong looking to press charges against APL over illegal armoured vehicles shipment
Containerline APL and one of its masters are in hot water for failing to have the right licence to transport…
Read More » -
DSME to receive $2.6bn rescue package
South Korea’s financial regulator, Financial Services Commission, announced today a KRW2.9 trillion ($2.6bn) debt restructuring plan for shipbuilder Daewoo Shipbuilding…
Read More » -
Odfjell Drilling secures drillship work in Southeast Asia
Norwegian offshore drilling contractor Odfjell Drilling has, on behalf of Golden Close Maritime, secured a letter of intent with an…
Read More » -
Essar pushes forward fleet rejuvenation scheme
Shipbrokers will be knocking at the doors of one of India’s top private lines following today’s board meeting at Essar…
Read More »