Asia
-
North Korean vessels still calling regularly at Russian ports
At least two vessels linked to North Korea’s Ocean Maritime Management (OMM) continue to call regularly at Russian ports, in…
Read More » -
Icon Offshore subsidiary forms joint venture with vessel sale
Icon Kayra (L) has sold an offshore workboat, Icon Kayra (3,501 dwt, built 2014) for $32m to Icon Bahtera (B), another…
Read More » -
Life in a silo and its consequences
There is a management-speak jargon phrase about people working in ‘silos’ such that they are unaware of what their colleagues…
Read More » -
Oshima branches out with feeder boxship design
Oshima Shipbuiulding, the Japanese yard widely regard as one of the finest builders of dry bulk vessels in the world,…
Read More » -
ASL Marine secures $100m worth of shipbuilding contracts
ASL Marine has announced that its wholly-owned subsidiary, ASL Shipyard, has secured new shipbuilding contracts worth about S$140m ($99.96m) for…
Read More » -
DSME drives down debt with golf course sale
As financially struggling Daewoo Shipbuilding & Marine Engineering (DSME) tries to engineer a turnaround, vast swathes of the conglomerate have…
Read More » -
Chiyoda Corp and Ezra establish subsea JV in billion-dollar deal
Singapore’s Ezra Holdings and Chiyoda Corporation have signed a memorandum of understanding (MOU) that will see the Japanese company buy…
Read More » -
Uni-Asia readies to add four more
Uni-Asia Holdings has teamed up with its largest shareholder to buy four more bulkers. Singapore-based Uni-Asia has formed four joint…
Read More » -
Busan strengthens ship finance claims
In a further sign of Busan’s bid to stamp its place on the world maritime map a lavish ceremony was…
Read More » -
PNSC looks to double fleet size
Pakistan National Shipping Corporation (PNSC) has outlined significant fleet expansion plans. PNSC currently manages a fleet of nine ships, including…
Read More » -
Colombo Dockyard: Length of the downturn hurting all yards
Colombo: The sheer length of the shipping downturn has brought many shipyards to the limits of their balance sheets and…
Read More » -
India maps out maritime future
India is mapping out its maritime future with dramatic developments on its inland waterways, its coastal ports and its future…
Read More » -
Rapid response team formed to fight SE Asian pirates
In response to the growing threat posed by robbers and pirates in the region the Malaysian and Indonesian navies have…
Read More » -
India’s scrap price strengthens, rupee weakens, capesize demolished
A capesize bulk carrier has been reported sold for demolition in India, which this past week has seen a slight…
Read More » -
Korean loans for Container Carriers
The Export-Import Bank of Korea and Busan Bank have provided American joint venture Container Carriers with $87m in ship finance.…
Read More » -
DSME death toll rises to two
Two workers have been confirmed dead after a fire ripped through Daewoo Shipbuilding & Marine Engineering’s (DSME) Okpo Shipyard on Geoje…
Read More » -
Fire rips through DSME
Seven people were injured this morning when a serious fire broke out at a drydock in South Korea. A pair…
Read More » -
Thousands ready to strike at Korea’s top yards
Up to 28,000 workers will go an indefinite strike from September 9 at South Korea’s top three shipyards, protesting a…
Read More » -
Shell signs up for Dawei LNG terminal
Royal Dutch Shell will build a liquefied natural gas (LNG) terminal as part of Myanmar’s massive Dawei port complex development…
Read More » -
Samsung Heavy’s takeover of Sungdong nears
Samsung Heavy Industries looks set to take over management of fellow Korean yard, Sungdong Shipbuilding & Marine Engineering for a…
Read More »