Asia
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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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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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