Asia
-
Kim Heng secures $7.8m contract in Taiwan
Singapore offshore vessel operator and marine engineering services provider Kim Heng has won a contract totalling $7.8m with an unnamed…
Read More » -
Pablo explosion a warning sign of worse to come
One of the tanker industry’s greatest fears with the rise of the so-called shadow fleet is unfolding in Southeast Asia…
Read More » -
Eastern Pacific orders ammonia carriers at Jiangnan
Idan Ofer’s Eastern Pacific Shipping has signed for four very large ammonia carriers (VLACs) at China’s Jiangnan Shipbuilding. The 93,000…
Read More » -
Equinor and BP JV signs Seatrium for US offshore wind platforms
Singapore’s Seatrium, formerly known as Sembcorp Marine, has secured a new contract worth over S$500m ($377m) with Empire Offshore Wind,…
Read More » -
Modec firms up its first FPSO deal in Guyana
Japanese floater expert Modec is pressing ahead with the engineering, procurement, and construction of a floating production, storage and offloading…
Read More » -
Egypt’s Alkahera taps Dae Sun for MPP pair
Egypt’s Alkahera Company for Ferries and Maritime Transport (KCFMT) has placed an order at South Korean yard, Dae Sun Shipbuilding,…
Read More » -
Nissen Kaiun books eight tankers at Hyundai Mipo
Japanese shipping mammoth Nissen Kaiun has signed up for more MR2 tanker newbuilds in South Korea. Multiple brokers reported Nissen…
Read More » -
Adani offloads Myanmar port
India’s Adani Ports and Special Economic Zone Ltd (APSEZ) has exited the Myanmar market, finding a buyer to stump up…
Read More » -
East and West, but always just in time
Twenty-five years ago, people remarked that about 40% of the world merchant fleet was owned in Asia. No-one finds anything…
Read More » -
South Korean yard readies for FLNG sector growth
South Korea’s Samsung Heavy Industries (SHI) has developed a design for what it says is a next-generation floating liquefied natural…
Read More » -
Deck blasted into air in aframax explosion
Three crew are presumed dead from Monday’s explosion in Malaysian waters on the 1997-built , an aframax tanker, with a…
Read More » -
MISC showcases new FPSO design
Malaysia’s MISC has unveiled a newbuild floating production storage and offloading (NBFPSO) unit said to be one of the largest…
Read More » -
Maritime CEO Forum: Geopolitics driving dry bulk towards a super cycle?
Geopolitics were to the fore in the concluding dry bulk session at last week’s Maritime CEO Forum, held at the…
Read More » -
Tanker with history of moving Iranian oil catches fire off Malaysia
The risk of casualties from the growing so-called dark fleet has manifested in Southeast Asia again where an aframax tanker…
Read More » -
Cambodia starts work on tripling its box handling capacity by 2029
Cambodian prime minister Hun Sen was guest of honour yesterday for the groundbreaking of a major new container terminal expansion…
Read More » -
MOL becomes major sharholder in compatriot FPSO expert Modec
Japanese shipping giant Mitsui OSK Lines (MOL) is getting onboard fellow floating production storage and offloading (FPSO) specialist Modec as…
Read More » -
Purus Marine in for LPG carriers at Hyundai Mipo
Fast-growing UK-based Purus Marine has placed an order for four 45,000 cu m scrubber-fitted LPG carriers at Hyundai Mipo in…
Read More » -
Fire rips through ill-fated car carrier
A spectacular fire broke out on an ill-fated car carrier on Friday. The 2004-built Diamond Highway, hit by a fire…
Read More » -
Petredec clinches $315m VLGC newbuilding loan
Gas shipowner and trader Petredec has announced a $315m financing secured by its VLGC arm Petredec Global for six LPG…
Read More » -
Maritime CEO Forum: Tomorrow’s workforce identified
Where shipping is getting it right and wrong when it comes to attracting and retaining the best talent and how…
Read More »