Asia
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China likely destination for Ezra in Lewek Constellation deal
Singapore: Chinese banks are the most likely partner for Ezra Holdings as they explore a sale and leaseback deal for EMAS…
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Petredec secures German funding for four handysize gas carriers
Singapore: Singapore-based LPG logistics giant Petredec has secured funding from Germany’s KfW IPEX-Bank on four 21,000 cu m handysize gas carriers.…
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Varun Shipping to split in two
Mumbai: Big changes are inbound for a famous name in Indian shipping. The Bombay High Court has given the go-ahead…
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Family doubt seafarer suicide claims
Manila: Another sad tale of seafarer mistreatment is unfolding in the Philippines. The family of a cadet who allegedly committed…
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Azmi & Associates: Legal advice to owners
Kuala Lumpur: “Grow cautiously and be conscious of contractual commitments.” That’s the advice to owners from Philip Teoh, a partner…
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Mercator acquires two dredgers
Singapore: Indan shipowner Mercator is expanding its dredging business with the acquisition of two dredgers, bringing its dredger fleet to…
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Tamai Steamship in for one at Oshima
Tokyo: Japan’s Tamai Steamship has contracted Oshima Shipbuilding to build a new handymax bulker. Trading house Sumitomo Corporation is providing…
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Ten years in jail and a whipping for Indonesian pirates
Kuala Lumpur: Ten years in jail and a whipping was the sentence handed down yesterday at a Malaysian court to…
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Singapore tops maritime hub poll
A report by Menon Business Economics places Hamburg and Oslo high while London and New York suffer. Oslo: Echoing a…
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Indian Navy and Coast Guard helicopters rescue 14 crew as ship sinks off Mumbai
Mumbai: Another vessel has run into trouble near Mumbai this morning off the Daman coast, and again India’s Navy helicopter…
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Larsen & Toubro scores Bassein Development contract
Mumbai: Larsen & Toubro has announced that subsidiary, L&T Hydrocarbon Engineering (LTHE), has won an offshore contract from Indian multinational…
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Damage to be assessed on Jindal Kamakshi
Mumbai: General cargo vessel Jindal Kamakshi (9,107 dwt, built 2009), which ran into severe difficulties off Mumbai on Sunday, has been…
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Alam Swiber Offshore wins Chevron subsea pipeline installation contract
Kuala Lumpur: Offshore operator Alam Maritim Resources has announced that its joint venture with Singapore’s Swiber, Alam Swiber Offshore, has…
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Singapore’s premier opens new Pasir Panjang container terminal expansion
Athens: The prime minister of Singapore Lee Hsien Loong has opened phase 3 and 4 of development of PSA’s Pasir Panjang container…
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Shreyas Shipping & Logistics adds to fleet
Mumbai: India’s Shreyas Shipping & Logistics has signed a memorandum of understanding to acquire 700-teu containership Hub Gallardo (11,506 dwt,…
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Stricken Jindal Kamakshi anchored off Mumbai
Mumbai: Contrary to what the authorities had expected the general cargo vessel Jindal Kamakshi, which ran into severe difficulties off…
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Crew lived in fear of master aboard the ‘death ship’
Sydney: The inquest into the mysterious series of deaths onboard the Hachiuma Steamship controlled Sage Sagittarius coal carrier heard today…
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SK E&S tendering for LNG carriers
Seoul: SK E&S, an energy subsidiary of Korea’s SK Group, is tendering for four LNG carrier newbuilds to move shale…
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Ikeda addresses MOL staff in inaugural address
Tokyo: Junichiro Ikeda, the new president of Mitsui OSK Lines (MOL), the owner of the world’s most valuable fleet, gave…
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Shesh Venkatraman appointed CEO of Miclyn Express Offshore
Singapore: Well-known offshore executive Shesh Venkatraman has been appointed the new chief executive officer of offshore operator Miclyn Express Offshore,…
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