Asia
-
New joint venture will explore oil and gas projects in Brunei
SapuraKencana Brunei, part of Malaysia-listed SapuraKencana Petroleum, has agreed with investment holding company Euthalia Energy Solutions and RSK Petroleum to…
Read More » -
Noble rushes forward quarterlies in bid to quash share rout
Singapore-listed Noble Group is bringing forward its second quarter results announcement in a bid to halt its sliding share price.…
Read More » -
China’s HNA Investment is beneficial owner of Dorian LPG stake
China’s HNA Investment Management (IM) has been named in a SEC filing as the beneficial owner of the 5.8% stake…
Read More » -
Singapore Shipping Association: New president outlines priorities
Singapore: In one of his first interviews since being elected president of the Singapore Shipping Association (SSA), Esben Poulsson outlines…
Read More » -
Noble’s share price takes another pummelling
Shares in Singapore-listed Noble Group tumbled dramatically again today as the commodities giant was slapped yesterday with a ‘trade with…
Read More » -
Premuda sells FPSO stake to Yinson Holdings
Italy’s Premuda has announced that its indirectly controlled company Four Vanguard Serviços E Navegaçao LDA has entered into a jv with Yinson…
Read More » -
NOL ekes out a profit
Singapore’s Neptune Orient Lines, in the spotlight for its possible For Sale tag, managed to return to the black in…
Read More » -
Jakarta imposing oil export ban
Sweeping changes to Indonesia’s oil regulatory framework are likely to massively impact Southeast Asian tanker trades. Jakarta has moved today…
Read More » -
Top 3 Korean shipyards post massive losses due to offshore downturn
South Korea’s top three shipbuilders Hyundai Heavy Industries (HHI), Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering (DSME) have…
Read More » -
Wirana Shipping Corporation: Ship recycling depression will continue for the coming year
Singapore: Ship recyclers continue to struggle to break even amid very depressed prices, warns the boss of one of the…
Read More » -
Singapore tenders LNG bunker supplier licences
The Port of Singapore today has begun the tender process through which prospective companies will apply for a licence to…
Read More » -
Technip wins subsea tie-backs contract for Petronas project
Technip has won a contract from Petronas Carigali for the tie-in of the Malaysian energy company’s first floating LNG (FLNG)…
Read More » -
Bangladesh to clamp down on shipbreakers
Dhaka is taking steps to regulate its sprawling shipbreaking industry, including dishing out fines and prison sentences for companies found…
Read More » -
Precious Shipping plans $366m fundraiser
Thailand’s Precious Shipping is planning a fundraiser through which it hopes to raise up to $366m from the sale of…
Read More » -
MOL invests in Thai barge terminal
Japan’s Mitsui OSK Lines (MOL) has signed a joint venture agreement with SahaThai Terminal, a container terminal operation company in Thailand,…
Read More » -
Alam Maritim wins Petronas contract
Malaysian offshore vessel operator Alam Maritim has said today that it has recently received a letter of award from Petronas…
Read More » -
Pan Ocean to become ‘Korean Cargill’
Seoul: Pan Ocean could become South Korea’s version of global commodities giant, Cargill, says its new boss. Speaking at an…
Read More » -
Samsung Heavy Industries tipped to take over Sungdong
Seoul: Korean shipbuilding heavyweight Samsung Heavy Industries is being widely tipped in Seoul business circles at taking over the management…
Read More » -
Senat Shipping failed to respond to UN inquiries leading to its blacklisting
Singapore: Singapore’s Senat Shipping and Trading, the US Treasury blacklisted line, failed to answer requests for information for 10 months,…
Read More » -
Coastal Contracts sells eight vessels in $34m deal
Kuala Lumpur: Two offshore support vessels and six low-end vessels owned by subsidiaries of Malaysia-listed Coastal Contracts have been sold…
Read More »