Asia
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Sihanoukville port readies IPO
Bangkok: Sihanoukville Autonomous Port (SAP) is gearing up for an IPO. The port, which handles nearly two thirds of Cambodia’s…
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PetroVietnam boss admits oil production likely to be slashed
Hanoi: With oil prices falling quicker a lead filled ballon the Vietnam National Oil and Gas Group (PetroVietnam) is likely…
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Courage Marine issues profit warning amid tough dry market
Singapore: Taiwan-based bulker operator Courage Marine says it expects to record a greater net loss for its fiscal year 2014…
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BH Global employee confirmed dead in China tugboat accident
Singapore: BH Global Corporation has announced that an employee of its subsidiary, Z-Power Automation, was among the deceased in the…
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Fund raising for Thoresen Thai
Bangkok: Thoresen Thai Agencies has settled the rights offering subscription price for its newly issued shares at THB 14 per…
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Fund raising for Thoresen Thai
Bangkok: Thoresen Thai Agencies has settled the rights offering subscription price for its newly issued shares at THB 14 per…
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Singapore still second in box rankings
Shanghai: Shanghai has widened the gap between itself and its nearest boxport rival, Singapore. Shanghai finished 2014 having handled 35.2m…
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Singapore still second in box rankings
Shanghai: Shanghai has widened the gap between itself and its nearest boxport rival, Singapore. Shanghai finished 2014 having handled 35.2m…
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Volumes growing faster overseas for PSA
Singapore: Singapore terminal operator PSA International handled 65.44m teu around the world last year, up 5.5% year-on-year. Flagship PSA Singapore…
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Volumes growing faster overseas for PSA
Singapore: Singapore terminal operator PSA International handled 65.44m teu around the world last year, up 5.5% year-on-year. Flagship PSA Singapore…
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Pertamina working to boost stockpiles
Jakarta: Pertamina is looking to stockpile gasoline amid the cheap price for oil worldwide. To this end, it has contacted…
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MCC Transport and CSCL launch Myanmar service
Shanghai: China Shipping Container Lines (CSCL) and MCC Transport, a subsidiary of AP Moeller-Maersk Group, plan to launch services between…
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MCC Transport and CSCL launch Myanmar service
Shanghai: China Shipping Container Lines (CSCL) and MCC Transport, a subsidiary of AP Moeller-Maersk Group, plan to launch services between…
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Sembcorp Marine employees missing in Yangtze tug boat sinking
Singapore: Singapore’s Sembcorp Marine has announced that its tug towing subsidiary, Jurong Marine Services, had three employees onboard a tug…
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Hanoi cracks down on substandard tonnage
Hanoi: Last year the number of ships detained for failing to pass Port State Control (PSC) inspections around the world…
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Keppel to build ice-class ship in S$265m deal
Singapore: Singapore-based specialised shipyard Keppel Singmarine has won a S$265m ($200m) contract to build an ice-class multi-purpose vessel for New…
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MISC cancels sale of its logistics business
Kuala Lumpur: Malaysian state-owned shipping company MISC has terminated its plans to sell its subsidiary MISC Integrated Logistics (MILS) to…
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CH Offshore rejects Falcon Energy’s buyout bid
Singapore: Offshore support service provider CH Offshore (CHO) has rejected the S$247.4m ($186.2m) buyout bid placed in December by Singapore-listed…
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Jiangsu Rainbow sets up Singapore joint venture
Shanghai: Jiangsu Rainbow Heavy Industries (RHI) has announced that it has signed an agreement with Singapore-based engineering firm Ten-League International…
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Malaysia and Oman eye shipbuilding investment in Bangladesh
Kuala Lumpur: The Malaysian government and Omani investors have shown interests to invest in Bangladesh's shipbuilding sector. Delegates from the…
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