Asia
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ESNA, Strategic Marine developing surface effect CTV for offshore wind market
Norwegian ship design company ESNA and Singapore-based shipbuilder Strategic Marine have signed an agreement to develop a surface effect ship…
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Sinokor takes huge profit from newcastlemax sales
Sinokor Merchant Marine of South Korea has sold three newcastlemaxes to compatriot Pan Ocean. Sinokor has pocketed $213m from the…
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Cyan Renewables makes takeover offer for MMA Offshore
Singapore-based offshore wind vessel pure-play Cyan Renewables has made an offer to buy 100% of shares in Perth-based OSV operator…
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Velesto Energy gets contract extension for three jackup rigs
Offshore drilling unit of Malaysia’s Velesto Energy has secured a two-year contract extension with Petronas Carigali for three of its…
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AD Ports takes majority stake in Georgia’s dry port
AD Ports Group has sealed a deal to acquire majority ownership in the Tbilisi Dry Port in Georgia. The agreement…
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U-Ming Singapore and Itochu to own and operate ammonia dual-fuel bulkers
The Singapore arm of Taiwanese shipowner U-Ming Marine Transport has signed a memorandum of understanding (MoU) with Japanese trading house…
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Marco Polo Marine lands CTV deal with Siemens Gamesa
Singapore offshore vessel owner and operator Marco Polo Marine has, through its Taiwanese business PKR Offshore (PKRO), struck a deal…
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BW Group sells $178m worth of shares in Hafnia
Singapore’s BW Group has sold 5.1% of its shareholding in Oslo-listed Hafnia to back the product tanker giant’s dual listing…
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Eight dead in chemical tanker capsize incident off Japan
At least eight crew members were killed after a South Korean-flagged chemical tanker anchored off the coast of Japan capsized.…
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Pioneer Tanker seals first newbuilds
Pioneer Tanker, one of five subsidiaries of Singapore’s Pioneer Logistics, is expanding its fleet with a newbuilding debut in China.…
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Sinokor pockets $3m from swift cape play
In a rare asset play for Sinokor Merchant Marine, the Korean company has pocketed a swift $3m from a cape…
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Containerised hydrogen fuel cell and battery solution gives shipping new options
Project partners Port of Gothenburg, Skanska, PowerCell Group, Hitachi Energy, Linde Gas, Volvo Group and Skagerak Energy have conducted a…
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Dolphin Drilling inks $154m semisub contract with Oil India
Semisub rig owner Dolphin Drilling has won a drilling contract for one of its rigs from oil and gas player…
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Bulk carrier freed from Somali pirates after three-month hijacking
A Navibulgar bulk carrier and all 17 crew, hijacked by Somali pirates three months ago, was seized by the Indian…
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JUB Pacific expands liftboat fleet
JUB Pacific has bolstered its footprint in the liftboat arena with the acquisition of the 2010-built Caracal Pioneer. The Singapore-based…
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3,000 Thais drafted to help churn out South Korea’s bumper ship backlog
South Korea’s bumper orderbook, tricky production schedule and difficult domestic demographics have been partially resolved with an agreement hatched with…
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Fortescue Green Pioneer completes landmark ammonia fuel trial
The ship that grabbed headlines at COP28 in Dubai is back in the news. The Fortescue Green Pioneer, a platform…
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Vietnam’s Hoanh Son remains on a panamax charge
Qatari owner S’hail Shipping has made a decent profit on a rusty panamax sale to the fast-growing Hoanh Son Group…
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DP World to build logistics centre in Busan
Terminal operator DP World has announced a $50m investment to develop a new logistics centre in Busan New Port, strengthening…
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Noble scores drillship contract in the Philippines
Offshore rig owner Noble Corporation has won a contract from Prime Energy for the Noble Viking drillship offshore Philippines. The…
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