Asia
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Vietnamese shipbuilder invests in Myanmar jv
Hanoi: Vietnamese shipbuilder Dong A Shipbuilding Industry Joint Stock Company has signed an agreement with Myanmar’s state backed Myama Shipyard,…
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ExxonMobil notches up mass flow meter bunkering milestone
Singapore: ExxonMobile has said that is has now delivered more than two million metric tonnes of fuel using the Maritime…
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Anglo-Eastern boss predicts continued softness in dry bulk market
Kolkata: Sea freight for dry bulk cargo like coal and fertiliser is expected to remain soft for the next couple…
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New Vizag-Jebel Ali, Tuticorin-Colombo box services launched
Mumbai: A new box feeder service, connecting Visakhapatnam on India’s eastern coast with Jebel Ali in the UAE, has been…
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Barakah Offshore Petroleum receives LOA from Petronas
Kuala Lumpur: Barakah Offshore Petroleum has announced that its wholly-owned subsidiary PBJV Group has received a letter of award from…
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Singapore’s top yards deny Petrobras corruption links
Singapore: Singapore’s top two shipbuilding groups have moved to distance themselves from a major corruption scandal engulfing Brazilian energy giant,…
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Tanjung Offshore shareholder vows to prove his innocence
Kuala Lumpur: Tan Sri Tan Kean Soon has vowed to set the record straight and tell his side of the…
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Tanjung Offshore shareholder vows to prove his innocence
Kuala Lumpur: Tan Sri Tan Kean Soon has vowed to set the record straight and tell his side of the…
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FSL Trust offloads Torm shares
Singapore: First Ship Lease Trust (FSL Trust) has sold its entire shareholding of 18,266,649 shares in Danish struggling tanker firm…
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Otto Marine secures two Australian charters
Singapore: OSV operator Otto Marine has secured two long term charter contracts for two platform service vessels (PSVs) to an…
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Two more coal ports for Primorye
Dalian: Russia will start building a new coal terminal with the help of Chinese finance in Severniy port in the…
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L&T in talks with Hyundai for LNG carriers
Mumbai: L&T Shipbuilding, a subsidiary of Mumbai-based engineering colossus Larsen & Toubro, is in talks with South Korea’s Hyundai Heavy Industries…
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State-run major ports free to set own tariffs
Mumbai: Each of the 12 Indian government-owned major port trusts have been granted the flexibility to set rates based on…
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Logindo raises $37m from bonds
Singapore: Indonesia’s Logindo Samudramakmur has raised S$50m from a bond issue in Singapore. The five-year notes carry a coupon of…
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ICTSI up and running in Basra
Manila: Basra Gateway Terminal, a wholly-owned subsidiary of Philippines-based International Container Terminal Services Inc, said Thursday operations at the Port…
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Petro-piracy insurance cover introduced
London: Insurance cover is coming to a specific threat in Southeast Asia. Specialist marine insurance intermediary, Seacurus, has developed a…
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Myanmar gives permits to offshore projects in Rakhine
Kuala Lumpur: The Myanmar Investment Commission has given permission to Unocal Myanmar Offshore (Bermuda), Stat Oil Myanmar (Singapore) and Conoco…
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PLN becomes first Indonesian owner to buy dual-fuel propulsion system
Jakarta: The world’s first ever carrier vessel for compressed natural gas (CNG) is to be powered by an integrated Wärtsilä…
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SE Asian navies to take fight to pirates
Kuala Lumpur: A joint patrol between Malaysia, Indonesia, Vietnam, Singapore and Thailand will be conducted soon to fight pirates who…
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Local firm takes an interest in Quang Ninh Port
Hanoi: Local firm T&T Group has become the first domestic investor expressing interest in buying out the state’s shares in…
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