Asia
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FSL Trust seals $61m triple charter deal
Singapore: Singapore’s FSL Trust Management has announced new time charter agreements with a leading commodities trader for Aframax crude oil…
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Legal inertia sees crew of Seaman Guard Ohio remain behind bars for 2 years without trial
Mumbai: The crew from the private security vessel Seaman Guard Ohio, already detained in India for 625 days without a…
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General cargo vessel runs aground off Vietnam
Hanoi: General cargo vessel Hai Truong 36 (1,013 dwt, built 2002) ran aground in the morning July 5 off the…
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Pacific Radiance’s DSV utilisation drops to zero as subsea sector tanks
Singapore: According to a research note released today from UOB Kay Hian, Singapore offshore vessel operator Pacific Radiance achieved an…
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Saigon Port raises $19m from IPO
Hanoi: Saigon Port, the largest port operator in Vietnam, has sold 35.7m shares representing 16.5% equity raising around VND411.13bn ($19m)…
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Crew onboard Teekay tanker in Australia refuse to sail vessel in protest
Sydney: Australian crew onboard an oil tanker operated by Teekay Shipping are refusing to sail the vessel to Singapore from…
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JES International companies sue former administrative officer
Athens: Four China-based subsidiary companies of JES International Holdings intend to sue Ju Li Li, a former administrative officer of…
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Myanmar and Asia Pacific’s role in driving oil and gas growth
With the volatility in the oil patch at the moment, Myanmar and much of Asia Pacific presents as a unique…
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Former ST Marine financial controller avoids jail sentence
Singapore: Patrick Lee, the former group financial controller of Singapore Technologies Marine, has been fined for his role in falsifying…
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New CEO for CH Offshore
Singapore: Koh Kok Leong has resigned from his role as the chief executive officer of CH Offshore, part of Falcon…
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MOL takes methanol fuel lead
Tokyo: Mitsui OSK Lines (MOL) has ordered methanol carriers with the world’s first methanol burned dual-fuelled low-speed diesel main engine…
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Shell orders three FLNG units from Samsung in $4.7bn deal
Athens: Shell Gas & Power Developments has ordered three floating LNG units (FLNG) from South Korea’s Samsung Heavy Industries in a…
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Esben Poulsson named president of the Singapore Shipping Association
Singapore: Danish national Esben Poulsson has been appointed as the new president of the Singapore Shipping Association (SSA), succeeding Evergreen’s…
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Two more charged in ST Marine corruption scandal
Singapore: Two former employees of Singapore Technologies Marine have been charged and will appear in court today according to Singapore’s…
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Indonesian cargo ship on fire off Surabaya
Singapore: General cargo ship Meratus Sumbawa 1 (3,000dwt, built 1990) caught fire earlier today off Surabaya, in the same vicinity…
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Navigator Gas LPG tanker and containership collide near Surabaya
Singapore: An LPG tanker owned by Navigator Gas, Navigator Aries (23,333 dwt, built 2008), and containership Leo Perdana (33,423 dwt,…
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X-Press Feeders extends panamax charter with Global Ship Lease
Singapore: X-Press Feeders, part of Singapore-based Sea Consortium, has further extended its time charter of panamax containership Ville d’Orion (4,113…
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CH Offshore reaches settlement with PDV Marina over chartering dispute
Singapore: Singapore-based CH Offshore, part of Falcon Energy Group, has announced that it has reached a settlement with PDV Marina, an…
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Liannex bids for Yinson’s non-oil and gas subsidiaries
Athens: Singapore’s Liannex Corporation (S) has placed a RM 228m ($60.4m) bid to acquire the non-oil and gas subsidiaries of…
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Another Seaspan boxship delivered to begin timecharter to Yang Ming
Athens: Seaspan has received its fourth 14,000-teu container ship to be delivered this year, which will commence a ten-year fixed-rate timecharter to…
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