Asia Shipping News - Asian Maritime, Offshore & Shipping Updates

Asia

Seoul readies another $1.5bn to salvage nation’s struggling yards

November 22nd, 20180 In a move likely to further infuriate rivals such as Japan and Germany, the South Korean government today unveiled a $1.5bn package to help the country’s struggling...

Asia

Maersk and DP World dragged into Mumbai port probe by PSA

November 21st, 20180 Alleged anti-competitive practices are under investigation at India’s largest boxport as rival terminal operators clash. The Competition Commission of India (CCI)...

Asia

Singaporean authorities finally take action against Noble

November 20th, 20180 Singapore authorities finally took action today against locally listed commodities trading house Noble Group more than three years after the first reports of accounting...

Asia

NYK developing its own digital currency to pay crew

November 20th, 20181 Japan’s Nippon Yusen Kaisha (NYK) will soon introduce its own digital currency to pay its crew, Bloomberg is reporting. The digital currency will be pegged to the US...

Asia

Kristian Gerhard Jebsen orders kamsarmax pair at JMU

November 20th, 20180 Norwegian company Kristian Gerhard Jebsen has placed an order at Japan Marine United for the construction of two 82,000 dwt kamsarmax bulk carriers. According to...

Asia

Diana Shipping fixes capesize to Berge Bulk

November 20th, 20180 Greek dry bulk owner Diana Shipping has entered into a time charter contract with Singapore’s Berge Bulk for 2006-built capesize vessel . The charter commenced last...

Asia

Eastern Pacific snaps up NYK boxship

November 19th, 20180 Idan Ofer’s Singapore-based Eastern Pacific Shipping has snapped up 2008-built 6,661 teu boxship from Japan’s NYK Line. Eastern Pacific revealed the acquisition...

Asia

Chennai hit by another oil spill

November 19th, 20180 Ennore port in India is handling another damaging oil spill today. The product tanker was discharging oil at the port when a hose snapped at 04:00 on Sunday morning...

Asia

MTT Shipping orders up to six feeder boxships at Zhoushan Changhong

November 19th, 20180 Malaysian containership operator MTT Shipping has entered into shipbuilding contracts with China’s Zhoushan Changhong International Shipyard for the construction of up...

Asia

Raffles Shipping books up to six chemical tankers at Wuchang Shipbuilding

November 16th, 20180 Singapore’s Raffles Shipping is expanding its chemical tank fleet. The company has entered into a shipbuilding contract with CSIC-affiliated Wuchang Shipbuilding for...

Asia

Yasa sells aframax to Soechi

November 15th, 20180 Shortly after Yasa started recirculating five bulkers for sale, the Turkish owner’s fleet renewal is picking up pace. The first ship sold is an aframax tanker, the...

Asia

PGS to sell survey vessel to JOGMEC

November 15th, 20180 Norwegian offshore seismic service provider PGS has offered to sell its 2009-built survey vessel to the Japan Oil, Gas and Metals National Corporation (JOGMEC) as part...

Asia

World’s largest liners launch new container shipping association

November 15th, 20181 A.P. Moller – Maersk, CMA CGM, Hapag-Lloyd, MSC and Ocean Network Express plan to establish a container shipping association, which they say in a release today is to...

Asia

HMM losses increase as line vows to spend more on big boxships

November 15th, 20180 South Korean flagship HMM continues to lose money in a massive way, and responds by saying it will spend more money on big boxships. HMM, one of the worst performing...

Asia

Japan to ease visa entry for foreign yard workers

November 15th, 20180 Amid a demographic straightjacket Tokyo will open up its highly regulated visa program to get more foreigners to work at the nation’s shipyards and be able to get...

Asia

NYK displays its vision of a decarbonised car carrier

November 15th, 20180 Japan’s Nippon Yusen Kaisha (NYK) has unveiled a concept car carrier in its ongoing bid to decarbonise its fleet. The emission-free vessel — dubbed the NYK Super...

Asia

Perdana Petroleum anchor handler contracted to ROC Oil

November 15th, 20180 Malaysia’s Perdana Petroleum has been awarded a contract by ROC Oil for the provision of an AHTS vessel so support a drilling campaign off Sarawak. The contract,...

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Splash Dash

Concord Maritime tanker pool up and running with Atlas and Emarat vessels
Tanker commercial management firm Concord Maritime, launched in April by Ben Ognibene, has revealed... Dec 14th, 2018 inTankers
Green propulsion likened to a gold rush
The pursuit of cleaner propulsion solutions has created “a sort of gold rush atmosphere” among... Dec 14th, 2018 inTech
Chinese port sets out to overhaul Singapore’s bunkering dominance in the low sulphur era
Zhoushan in the east of China has set out to overhaul Singapore as the world’s top bunkering hub... Dec 14th, 2018 inBunkering
Intertanko: Sulphur cap will take two years to bed in
Paolo d’Amico, head of d’Amico Società di Navigazione group, has added a couple more titles to... Dec 13th, 2018 inMaritime CEO
China, the sulphur cap and the valemax playbook
This week China outlined its own sulphur cap plans which are set to kick in earlier than the global... Dec 13th, 2018 inGreater China

Russian shipping firm faces bankruptcy over alleged dealings with North Korea

Green propulsion likened to a gold rush

Ulrich Müller resigns from Belships

Laurin returns with new role in Gothenburg

Concord Maritime tanker pool up and running with Atlas and Emarat vessels

Blackstone, KKR and Macquarie reportedly interested in taking over OOCL’s Long Beach facility

Maersk Broker buys into NAODAN Chartering

Petrobras to cut more than 50 jobs from Houston office

ADES secures seven-year jackup extension in Saudi Arabia

Adnoc loads LPG and propylene onto the same vessel in landmark shipment

Abu Dhabi’s Goldilocks buys into Gulf Navigation

Swissco offloading 25 vessels to Allianz Middle East

Russian shipping firm faces bankruptcy over alleged dealings with North Korea

Crane occupied in DSME strike

FSL plans vessels sales to fund newbuild product tanker pair

NYK fixes long-term LNG contracts with Diamond Gas International

Chinese port sets out to overhaul Singapore’s bunkering dominance in the low sulphur era

China, the sulphur cap and the valemax playbook

Anglo-Eastern fires captain found to be three times over the drinking limit

Noble adopts Bermuda plan to square off its restructuring process

Sapura Energy awarded $417m worth of new contracts