Asia
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Modec wins work on Shell’s Gato do Mato FPSO
Japanese floater expert Modec has won a front-end engineering and design (FEED) deal for a floating production, storage, and offloading…
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Two former Sembcorp Marine execs in court over Brazil bribery probe
Two former executives from Sembcorp Marine were charged in court last week with corruption offences relating to a long running…
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Swedish vertical axis floating wind turbine developer targets Japanese market
Swedish energy-tech company SeaTwirl has teamed up with Sumitomo Corporation Power & Mobility Co to bring its vertical-axis offshore floating…
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Pioneer Logistics orders six ultramaxes at Jiangsu Hantong
Singapore-based owner and operator Pioneer Logistics has contracted for its first bulk carrier newbuilds. The company’s bulker unit has commissioned…
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Korea’s top shipbuilder teams with Germany’s largest semiconductor manufacturer
HD Korea Shipbuilding & Offshore Engineering (KSOE), which oversees South Korean shipbuilding giant Hyundai, is looking at every form of…
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Sanctions see Russian tanker fleet in ballast
There is now clear data to show that sanctions are hurting Russian seaborne exports of crude. As of a month…
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MOL invests in American marine battery developer
MOL PLUS, the investment arm of Japan’s largest shipowner, Mitsui OSK Lines (MOL), is buying into Fleetzero, an American developer…
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McDermott bags offshore contract in Malaysia
Houston-based offshore contractor McDermott has struck a deal with PTTEP Sabah Oil for offshore transportation, installation and commissioning work at…
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Sinokor takes Euronav VLCCs
South Korea’s Sinokor Merchant Marine is staying active in the secondhand market with another play in the VLCC sector. The…
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Final ruling in long battle over the will of Evergreen founder
The will of Chang Yung-Fa, the founder of the Taiwanese global liner Evergreen, to leave all his deposits, stocks, and…
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BW snaps up Stena Bulk LNG carrier brace
BW Group’s gas shipowner BW LNG has bolstered its fleet with the acquisition of two LNG carriers from Swedish tanker…
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Blue Water awarded logistics contract by Yinson Production for Angola-bound FPSO
Danish logistics provider Blue Water Shipping has sealed a deal with Singapore-based floater specialist Yinson Production for the transportation of…
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ONE unveils plans to join the 3m teu club
With more than one new containership delivering every single day this year, the avalanche of box newbuilds shows no sign…
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Pan Ocean VLOC slashes fuel bill via use of autonomous navigation
Avikus, the autonomous navigation in-house start-up developed by South Korea’s largest shipbuilder, HD Hyundai, unveiled results from further recent trials,…
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Adani buys majority stake in Gopalpur Port
India’s Adani Ports and Special Economic Zone (APSEZ) has entered into a definitive agreement to purchase a 95% stake in…
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Lotos Petrobaltic orders CTV from Strategic Marine
Singapore-based shipbuilder Strategic Marine has won a contract for the construction of a CTV for Poland’s state-owned firm Lotos Petrobaltic.…
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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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