Asia
-
YHH Marine Engineering agrees to buy Vina Offshore
Singapore: YHH Marine Engineering has agreed to purchase Vina Offshore Engineering for a sale price of S$11m from Technics Offshore…
Read More » -
SapuraKencana books $346.3m in SE Asia offshore oil contracts
Kuala Lumpur: Subsidiaries of Malaysia-listed SapuraKencana Group have been awarded a host of contracts with a combined value of RM1.58bn…
Read More » -
Bumi Armada CEO to step down next year
Kuala Lumpur: Hassan Basma will step down as the CEO and executive director of Malaysia-listed Bumi Armada, effective January 1,…
Read More » -
Thailand and Myanmar to revive Dawei Special Economic Zone
Bangkok: Thailand and Myanmar will sign a Memorandum of Understanding (MoU) in early January that aims to restart a project…
Read More » -
Shipowner and captains to go to trial for illegal diesel dealing
Kuala Lumpur: The owner of a Penang-based shipping company and two vessel captains from Indonesia claimed trial at the Sessions…
Read More » -
Vietnam inks MOUs for coal imports
Hanoi: The Vietnam National Coal and Mineral Industries Group has signed 10 memorandums of understandings with companies from Indonesia, Australia…
Read More » -
E.A. Technique’s public issue of shares five times oversubscribed
Kuala Lumpur: Offshore player E.A. Technique enjoyed a very solid run up to launching on the Kuala Lumpur stock exchange…
Read More » -
Indonesia court upholds ore shipment ban
Jakarta: Indonesia’s constitutional court has upheld the country’s ban on exports of raw mineral ores imposed in January, rejecting a…
Read More » -
Oil smugglers apprehended
Jakarta: Customs officers in Batam have broken up an attempt to smuggle 1,300 tons of crude oil carried by a…
Read More » -
Pertamina targets more refineries
Jakarta: With President Joko Widodo demanding the country’s refineries are modernised and new ones built, state run energy giant Pertamina…
Read More » -
Opponents lash out at latest truck ban
Manila: News of another truck ban in the heart of Manila has been greeted with anger. A group of retailers…
Read More » -
Swiss trading house looks to fill hole left by OW Bunker in Singapore
Singapore: There’s plenty of jostling for ex-OW Bunker staff going on around the world. In the wake of the Danish…
Read More » -
Expansion at Westports will begin this month
Kuala Lumpur: Work on the expansion of Westport Malaysia’s Container Terminal 8 is expected to begin later this month at…
Read More » -
Final bidders for APL Logistics identified
Singapore: KKR & Co, CJ Korea Express Co and XPO Logistics have been selected to make final bids for APL…
Read More » -
Gaylin announces death of co-founder and coo
Singapore: Offshore equipment supplier Gaylin Holdings has announced the death of coo and co-founder of the company, Teo Bee Kheng,…
Read More » -
Carnarvon Petroleum disposes of Thai oil assets
Bangkok: Carnarvon Petroleum has reached an agreement to sell its remaining 20% interest in its Thailand oil production concessions to…
Read More » -
Parakou Tankers goes public via new merger
Singapore: Singapore-headquartered Parakou Tankers and NASDAQ-listed Cambridge Capital Acquisition Corporation are to merge, which will take the shipping company public.…
Read More » -
Manila seeks bidders for Davao port development
Manila: The transportation department will roll out a public-private partnership (PPP) program this month for a port upgrade in the…
Read More » -
Soechi Lines debuts on Indonesia Exchange
Jakarta: Indonesian shipping company Soechi Lines has made its trading debut on the Indonesian Stock Exchange today. The company is…
Read More » -
Swissco reshuffles its executive board
Singapore: The executive board of Singapore-listed Swissco Holdings has seen a reshuffle. Mr Tan Fuh Gih has stepped down as…
Read More »