Asia
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PIL founder joins Singapore’s billionaires club
Singapore: Who said container shipping was still in the doldrums? A notable new addition to Forbes’ Singapore rich list is…
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Precious Shipping: Predicting dry bulk’s future
Bangkok: Always one to have a firm opinion on the markets, Khalid Hashim tells Maritime CEO that there is still…
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ABS and MPA to collaborate on maritime R&D
Singapore: American class society ABS and the Maritime and Port Authority of Singapore (MPA) havesigned a memorandum of understanding (MOU)…
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BW Offshore acquires Yinson FPSO stake
Singapore: BW Offshore announced yesterday that it has signed an agreement with Yinson to take 100% ownership of the FPSO…
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Dry bulk recovery coming in Q4: Hashim
Bangkok: Khalid Hashim, managing director of Thailand’s Precious Shipping, reckons dry bulk’s recovery is set for the final quarter of…
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Manila’s congestion woes stir debate
Manila: Shippers continue to voice their displeasure at congestion at ports in the Philippine capital, saying it is making exports…
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Joko’s sea toll plan could see 10 new ports built
Jakarta: President-elect Joko Widodo is coming to power promising a dramatic build-up in the archipelago’s maritime infrastructure. Part of Joko’s…
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Samudera vows to keep cutting fleet size
Singapore: Despite announcing a return to profits in the second quarter Samudera Shipping has vowed to keep cutting back its…
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Boustead to build yard in Port Klang
Kuala Lumpur: Boustead Holdings is buying Port Klang Cruise Centre (PKCC) and nine parcels of land around the area for…
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Barge victim’s family want answers
Singapore: One of the three dead from Friday’s barge sinking off Batam should not have been onboard the vessel, his…
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Sinwa creates barge jv
Singapore: Ship chandler Sinwa has entered into a joint venture agreement with Ms. Ee Kim Hong to set up a…
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Ezion sells off businesses to AusGroup
Singapore: Offshore operator Ezion Holdings has agreed with AusGroup to sell subsidiaries Ezion Offshore Logistics Hub and its 90% stake…
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Semco Maritime and PetroVietnam Marine Shipyard form Vung Tau Rig Services
Ηanoi: PetroVietnam Marine Shipyard (PV Shipyard) and Semco Maritime have entered into a strategic partnership with the aim to perform…
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Vinalines cues up more IPOs
Hanoi: Despite limited response from earlier IPOs, Viet Nam National Shipping Lines (Vinalines) has announced plans for initial public offerings…
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Khlong Yai port due to open next July
Bangkok: A new Thai deepsea port in Trat's Khlong Yai district will be up and running in July next year…
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Dyna-Mac fixes S$300m multicurrency note programme
Singapore: Dyna-Mac Holdings has established a S$300m multicurrency medium term note programme. Oversea-Chinese Banking Corporation has been appointed as…
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Swissco buys rig operator
Singapore: Swissco shareholders have approved the acquisition of Scott and English Energy for S$285m. Scott and English Energy is in…
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Pelindo II wants greenbacks back
Jakarta: State-run port operator Pelindo II, also known as the Indonesia Port Corporation (IPC), has asked the coordinating economic minister…
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Jakarta’s mineral export ban weakens
Jakarta: Further signs of the weakening in Indonesia’s mineral ore export ban has emerged with news that two smaller miners…
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PSA invests for next generation
Singapore: PSA Corporation and the Institute of Technical Education (ITE) have signed a memorandum of understanding (MOU) worth over $2m…
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