Asia
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Keppel offloads controlling stake in UK offshore tech firm
Singapore: Amid a period of low oil prices that are hitting its bottom line, Keppel Corporation, the parent of one…
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ClassNK: Innovation role
Tokyo: The chairman of Japanese classification society, ClassNK, Noboru Ueda, discusses with Maritime CEO today in an exclusive interview the…
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KrisEnergy takes over Vietnam offshore block
Singapore: KrisEnergy has announced that it is increasing its working interest in Block 105 and taking over operatorship following the…
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Indian Railways to implement dedicated freight corridors
New Delhi: Coastal shipping in India will have received a minor setback, following the sanction accorded by the Railways Ministry…
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Incois unveils new product to curb ships’ fuel consumption
Hyderabad: Shipping companies can lower the fuel consumption of their vessels plying on some key sea lanes, thanks to a…
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Adani Enterprises in talks to sell its Australian coal
Ahmedabad: Diversified business conglomerate Adani Enterprises is in advanced talks with power firms and traders in different countries for selling…
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Paradip port signs deal for multipurpose berth
Paradip (Odisha): The Paradip Port Trust (PPT) has signed a concession agreement with Paradip International Cargo Terminal (PICT) for the…
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Triyards scores $175m in new contracts
Singapore: Triyards has secured deals for two ice-class multi-purpose support vessels (MPSVs) as well as a turret fabrication job worth…
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Vessel catches fire off Vung Tau
Ho Chi Minh City: General cargo vessel Golden 168 (9,106dwt, built 2008) caught fire early Sunday morning while docking off…
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KS Energy lands Indonesia contract for jackup rig
Singapore: Singapore offshore firm KS Energy has announced that its Indonesian subsidiary, PT Atlantic Oilfield Services together with its joint…
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Shippers doubt government’s claims that Manila port is free of congestion
Manila: Claims by the government that port operations in the capital have returned to normal after 13 months of disruption…
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Sri Lanka suspends Chinese port project in Colombo
Beijing: The Sri Lankan government has ordered the suspension of a $1.5bn Chinese-backed port city project in Colombo claiming that…
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EMAS Offshore issues new notes
Singapore: Oslo and Singapore listed EMAS Offshore has announced that it will be looking to raise $500m in funds, establishing…
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Petrobras scandal could drag Samsung Heavy Industries into the spotlight
San Francisco: The corruption scandal swirling around Brazil’s state-controlled oil giant Petrobras could be about to thrust one of the…
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Handy and supramax dry markets make a comeback, capes still dead
London: The handysize, supramax and panamax dry cargo shipping markets have sprung back to life, but the capesize market continues…
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Alam Maritim awarded Petronas umbrella contract
Kuala Lumpur: Alam Maritim has received a letter of award from Petronas for the provision of spot charter marine vessels,…
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India set to be largest driver of global seaborne coking coal demand growth this year
New Delhi: At Coaltrans India yesterday, Wood Mackenzie said India will be central to supporting growth in the global seaborne…
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SapuraKencana founder, Mahathir’s second son, quits
Kuala Lumpur: Malaysia and boardroom rumbles are becoming common news threads in 2015. Malaysia’s largest oil and gas services firm,…
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Indonesian president vows to tackle port inefficiencies
Jakarta: In an effort to cut logistics costs across the archipelago, Jakarta is looking at reforms to pre-customs clearance. Transportation…
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Abandoned containers causing chaos at Vietnam ports
Hanoi: A large number of idle containers at seaports across Vietnam are creating problems limiting storage areas, incurring expense and…
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