Asia
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Dayang Enterprise wins $67.4m contract from Petronas
Kuala Lumpur: Offshore oil and gas services company Dayang Enterprise Holdings has announced that has recently been awarded a contract…
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Westports to increase container-handling capacity by 2m teu
Kuala Lumpur: Malaysian port operator Westports is expected to increase its container handling capacity to 13m teu from the current…
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Eco Marine Power: Believe the hype
Fukuoka: The founder of one of Japan’s leading green ship innovators says today that it is vital he and his…
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Teekay’s three shuttle tankers to be built at Samsung
Athens: South Korea’s Samsung Heavy Industries is to build the three shuttle tankers ordered by Teekay Offshore Partners earlier this week.…
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Otto Marine slashes staff and payroll
Singapore: Offshore builder and operator Otto Marine has slashed its staff by 30% as it undergoes restructuring. Speaking with local…
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Mirach Energy teams up with Chinese company to develop Cambodia block
Singapore: Singapore-listed Mirach Energy has announced that its associated company, CPHL Cambodia, has signed a project cooperation agreement for Cambodia…
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Vallianz secures $10m from UOC for fleet expansion
Singapore: Singapore-listed marine service provider Vallianz Holdings has announced that it will issue 10m convertible preference shares to United Orient…
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Cargill and other creditors come calling for Mercator’s Singapore subsidiary
Athens: Mercator Lines (Singapore) has received statutory demands from Cargill regarding purchase contracts that were deferred by the financially troubled…
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Jasa Merin wins Petronas contract for support vessels in offshore Malaysia
Athens: Vestigo Petroleum, part of Petronas, has contracted Jasa Merin (Malaysia) to provide support vessel services at the Tembikai oilfield in offshore Terengganu.…
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NYK tried to silence ‘death ship’ widow with pay-off
Sydney: The inquest in Sydney over three mysterious deaths onboard the Nippon Yusen Kaisha (NYK)-controlled Sage Sagittarius has revealed some…
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Crewing agency claims manning costs can still be lowered substantially
Oslo: Offshore manning agency Blue Ocean Marine & Offshore Solutions (BOMOS) has today announced a new strategy to focus much…
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Malaysia to launch shipping masterplan this year
Kuala Lumpur: The Malaysian government is going to complete the draft of a shipping masterplan by the end of 2015…
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Honda teams with Giga Shipping in East Malaysia
Kuala Lumpur: Japanese automaker Honda has established new logistics hubs in Kota Kinabalu, Sabah and Kuching in an effort to…
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Fire breaks out on Indian OSV
Mumbai: A serious fire broke out on an OSV owned by Indian oil giant OGNC on Sunday afternoon. The accident…
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NOL completes sale of APL Logistics to Kintetsu World Express
Athens: After many months in the making, Kintetsu World Express has completed its acquisition of APL Logistics from Neptune Orient Lines…
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Korean bank looks at selling SPP to overseas yard
Seoul: Woori Bank, the main creditor of financially troubled SPP Shipbuilding, is looking at the possibility of a non-Korean yard…
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ICTSI acquires Mexican port operator
Manila: International Container Terminal Services (ICTSI), the Philippines’ largest port operator, has announced that it has acquired Mexico-based container terminal…
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Asia Offshore Drilling reduces Saudi Aramco jackup rig rates by 10%
Singapore: Asia Offshore Drilling, owned by Seadrill and Thailand’s Mermaid Maritime, has reached an agreement with Saudi Aramco to reduce…
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Gazprom to use its own rigs in the Sea of Okhotsk
Moscow: The Polyarnaya Zvezda and Severnoye Siyaniye semi-submersible drilling rigs of Gazprom Flot are ready for this year’s drilling season,…
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Foul play deemed likely on Japanese ‘death ship’, court told
Sydney: Foul play was most likely on a vessel dubbed “the death ship”, a court in Australia was told. The…
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