Asia
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MOL combines chemical elements
Japan’s Mitsui OSK Lines (MOL) is performing some alchemy, making changes to its chemical carrier divisions. Starting January 1 next…
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‘The Singapore proposition is still there but we need to be on our toes’
An exclusive interview with Esben Poulsson, the president of the Singapore Shipping Association. Esben Poulsson was elected earlier this year…
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KMTC takes Hanjin quartet
Creditors are having some success at selling off Hanjin Shipping ships – even unfavoured panamax boxships have found buyers. South…
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Hanjin liquidation one step closer
Samil PricewaterhouseCoopers (PwC) is recommending Hanjin Shipping be liquidated, likely marking the end of what was once South Korea’s largest…
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Emas Offshore reaches deal to refinance debt
Emas Offshore, part of Singapore’s Ezra Holdings, says it has reached a deal with lenders to refinance its financial obligations…
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PSA plans ahead
Despite current tricky trading conditions, the country’s top terminal operator continues to build business and tech partnerships. Amid tricky conditions…
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Striking Sri Lankan dockworkers fired upon
Sri Lankan naval troops fired warning shots on Saturday to break up a protest by striking dock workers who had…
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Rickmers Trust admits seven-year-old ship has been sold
Embattled Rickmers Trust Management has entered into a deed of consent with the Singapore branch of Commerzbank to settle some…
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HMM boss puts brave face on 2M decision
Putting a brave face on the disappointment of not getting full membership to a key container alliance, the head of…
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Chambal completes sale of India Steamship fleet
Indian fertiliser producer Chambal Fertilisers and Chemicals has finally offloaded its tanker fleet. Chambal first put its five-strong aframax fleet…
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Singapore offshore: Barely hanging on
It’s been one of the worst years in memory for anyone in Singapore connected to oil and gas. On November…
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NewLead pair sold by Goldman Sachs
Singapore owner Wilmar is ending the year at a gallop. Subsidiary Raffles Shipping has just been linked as the buyer…
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HMM jilted at the altar by Maersk and MSC
Not for the first time the world’s two largest containerlines have jilted a box peer at the alter. MSC and…
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$140m Pacific Radiance newbuild charter delayed
Singapore offshore support vessel operator Pacific Radiance says that a charter it won in 2014 for a newbuild vessel due to…
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Sembcorp Marine denies PPL Shipyard sale rumours
Local Singapore newspaper Business Times is reporting that struggling Sembcorp Marine is weighing up selling all or part of subsidiary…
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EMAS Offshore terminates with Perisai Petroleum Teknologi over SJR Marine put option
EMAS Offshore, part of Singapore’s Ezra Holdings, says it has terminated an agreement with Malaysia’s Perisai Petroleum Teknologi whereby it…
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Challenges for Singapore in shipping’s season of anomy
Edward Ion, managing partner of Singapore-based Helix Media, suggests the government needs to be more laissez-faire. The hoary old question…
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Another death at Hanjin Heavy’s Subic yard
A worker was killed at Hanjin Heavy’s Subic Bay yard in the Philippines on Wednesday when his head was accidentally…
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Incisive Law: Singapore champion
Today sees the launch of Splash’s annual Singapore magazine, which seems like an appropriate moment to catch up with Bill…
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BW LPG takes final Aurora LPG shares
BW LPG has announced it will buy out the remaining shares of Aurora LPG now that it controls 96% of…
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