Asia
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Falcon buys into Brunei OSV firm
Kuala Lumpur: Falcon Energy has bought a 50% stake representing 62,500 ordinary shares of par value of B$1 each in…
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Philippines’ shipbuilding checklist
Manila: The Philippines must develop its own steel plate manufacturing as well as other ship parts if it wants to…
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Bali gets LNG terminal
Jakarta: State-run electricity firm PT Perusahaan Listrik Negara (PLN), oil and gas giant PT Pertamina and port operator PT Pelabuhan…
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New India-Myanmar container link
Mumbai: A new liner service connecting India with Myanmar is set to launch soon. State-run Shipping Corporation of India (SCI)…
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Singapore targets shipping insurance and finance
Singapore: Ensuring Singapore has every facet of maritime licked, Patrick Phoon, president of the Singapore Shipping Association (SSA), vowed Friday…
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Coastal Contracts’ orderbook swells
Kuala Lumpur: Coastal Contracts has won contracts for seven offshore support vessels (OSVs) for a total of RM444m. The deals…
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Nam Cheong secures sales of another three vessels
Kuala Lumpur: Malaysian offshore vessel shipbuilder Nam Cheong has announced that it has sold three vessels worth around $41m. …
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Nam Cheong invests in Marco Polo’s BBR
Singapore: Malaysian offshore giant Nam Cheong has entered into a binding Heads Of Agreement with Marco Polo Marine to buy…
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Ezion developing Australian terminal
Singapore: Ezion Holdings has entered into a memorandum of understanding with a large multinational fuel trading and distribution company for…
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Groundbreaking for new Vietnam terminal
Hanoi: A groundbreaking ceremony for a new $9.4m terminal has been held in the Go Dau Port area in Long…
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Swissco launches multicurrency programme
Singapore: Swissco Holdings has established a S$300m multicurrency medium term note programme. Oversea-Chinese Banking Corporation is the sole arranger and…
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THHE in private placement move
Kuala Lumpur: Taking advantage of the significant interest in Malaysia’s oil and gas scene, TH Heavy Engineering (THHE) is undertaking…
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Star Bulk to open Singapore chartering office
Singapore: Star Bulk Carriers Corp, the leading name in shipping’s ongoing phase of consolidation, is set to open up a…
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Pavilion signs on for BP gas
Singapore: Pavilion Energy, Temasek Holdings’s LNG vehicle, is buying 400,000 tonnes of LNG a year starting 2019 from BP for…
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China Navigation in discussions to farm out some ships to managers
Singapore: Such is the scale of fleet expansion ongoing at China Navigation that for the first time in its 131-year…
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China Navigation: Managing growth
Singapore: Such is the scale of fleet expansion ongoing at China Navigation that for the first time in its 131-year…
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Mahathir’s son invests in SBI Offshore
Singapore: SGX Catalist-listed SBI Offshore will raise S$16.2m from placing new shares to four investors including Malaysian businessman, Mirzan bin…
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SMOE secures LNG process modules assembly contract
Singapore: Sembcorp Marine’s wholly-owned subsidiary SMOE has secured a contract with Bechtel for the fabrication of liquefied natural gas processing…
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SeaZip Offshore Service signs further contract for two Damen ships
Singapore: Damen Shipyards and SeaZip Offshore Service have signed another contract for two Damen Fast Crew Suppliers (FCS) 2610. The…
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TAS Offshore links with Chinese tycoon
Guangzhou: A Chinese businessman, Chan Baihang has signed a joint venture agreement with TA Ventures, a wholly owned subsidiary of…
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