Asia
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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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US joins ReCAAP
Singapore: The United States of America (US) has become the 20th contracting party to the Regional Cooperation Agreement on Combating…
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Sembawang Shipyard forms jvs with Ecospec
Singapore: Sembcorp Marine has taken further steps to further its green construction credentials with Sembawang Shipyard forming three subsidiaries in…
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Vallianz acquires Batam shipyard
Singapore: Offshore support vessel operator Vallianz Holdings Limited, has announced that subsidiary Vallianz Shipbuilding & Engineering has entered into an…
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Pacific Radiance acquires remaining interest in CrestSA
Singapore: Pacific Radiance announced that its wholly-owned subsidiary, Crest Shipyard, has acquired the remaining 40% equity in CrestSA Marine &…
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Aban Offshore to list Singapore subsidiary
Singapore: Indian offshore drilling services provider Aban Offshore is planning to list its Singapore subsidiary, Aban Singapore, on the Singapore…
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Governments must do more to combat fuel theft: ASF
Shanghai: At a meeting of the Safe Navigation & Environment Committee of the Asian Shipowners’ Forum late last week, a…
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