Asia
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Sri Lanka’s offshore crew transit hub gains traction
A public-private partnership that has been approved by the Sri Lanka government to carry out crew changes through an offshore…
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Ezion offloads liftboat for $22m
Singapore-based liftboat operator Ezion Holdings has entered into a memorandum of agreement with Virgo Shipping for the sale of its…
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Japan scraps $580m wind power project off Fukushima
The Japanese government has announced a decision to terminate an offshore wind power project off Fukushima by removing the two…
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Awilco Drilling terminates rig contract with Keppel FELS
Norway’s Awilco Drilling has announced that it has notified Keppel FELS that it has exercised its contractual termination right under…
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China approves Hyundai Heavy’s merger with DSME
China’s anti-trust authority has given the greenlight to the merger between two major South Korean shipbuilders Hyundai Heavy Industries Holdings (HHI)…
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Caliber8: Tech hires
Caliber8, a Singapore-based recruitment firm led by young founders and focusing on maritime, accounting and finance, is looking to disrupt…
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Pan Ocean orders LNG carrier
South Korean owner Pan Ocean has announced that the company is investing KRW204bn ($190m) in the construction of an LNG…
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South Korea to launch K-Alliance liner alliance
Five South Korean container shipping companies will team up on Southeast Asia services next year according to a request by…
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ONE clinches charter for six mega containerships
Japanese liner Ocean Network Express has signed a letter of intent with Shoei Kisen Kaisha for the charter of six…
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Maersk tops green liner poll, PIL in last place
Warsaw-based maritime and climate change organisation Gliese Foundation has crowned Maersk as the best global liner in terms of its…
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South Korea allocates $869m to promote green ship tech
South Korea is going to allocate around KRW960bn ($869m) to support eco-friendly ship technology development projects as part of its…
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Hapag-Lloyd confirms order for six megamax boxships at DSME
Germany’s Hapag-Lloyd has finally signed on the dotted line for six 23,500+ teu ultra large container vessels at South Korea’s…
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BW’s Epic Gas takes over Lauritzen Kosan fleet, creates $900m LPG powerhouse
LPG carrier operator Epic Gas has entered into an agreement with Lauritzen Kosan, the gas carrier unit of J. Lauritzen,…
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Sumitomo spins off its ship trading business
Effective April 1 next year Japanese trading house giant Sumitomo Corporation is spinning out its ship trading business to a…
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Grindrod Shipping seals sale and leaseback deal for product tanker
Singapore-based Grindrod Shipping has entered into a sale and leaseback transaction with a Japanese leasing house for its 2016-built MR…
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VLCC and LNG carrier orders flood in to Hyundai Heavy
Hyundai Heavy Industries is having a fine end to a tough year, hauling in a host of new orders. Hyundai…
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Last refinery in the Philippines shutters
The last refinery working in the Philippines will close next month. Petron said the decision to close its loss-making 180,000…
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MOL comes clean on how this year’s most high profile shipping accident occurred
Japanese shipping major Mitsui OSK Lines (MOL) today came clean on what most in the industry already knew – the…
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Fire hits PIL vessel at Napier Port
A fire broke out onboard 2011-built multi-purpose vessel while it was docking at Napier Port in New Zealand today. The ship, operated…
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Latest US sanctions for assisting Iran include Chinese and Vietnamese shipping firms
The US government has added a number of companies to its sanction list for facilitating the transport and trade of…
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