Asia
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Otto Marine repeats $50m sale and charter back deal
 Singapore: For the second time in three months, offshore firm Otto Marine Limited has sold a Multi-purpose Field Support…
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Precious holds out for better rates
Bangkok: Precious Shipping continues to hold back from taking too many long-term chaters amid a weak freight rate environment. Managing…
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Vietnamese ship runs aground in the Philippines
Manila: The Philippine Coast Guard (PCG) reports that a Vietnamese cargo ship ran aground at a beachhead in Legazpi City…
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SE Asia’s largest maritime zone starts construction
Jakarta: The Tanggamus regency administration in Lampung has started the construction of the first phase of the Maritime Industrial Zone…
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SapuraKencana Brazilian jv wins $2.7bn contract
Kuala Lumpur: Sapura Navegação Marítima (SNM), a jointly controlled entity between TL Offshore (TLO), a wholly-owned subsidiary of SapuraKencana and…
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Shell keen to build FSRU to serve the Philippines
Pilipinas Shell Petroleum Corp, a subsidiary of Royal Dutch Shell, is planning a floating storage facility for liquefied natural gas…
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Further arrest in Vinalines corruption scandal
Hanoi: The fallout from the decline and fall of Vinalines continues with news that the brother of Duong Chi Dung,…
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Dynamic Oil Trading to open Dubai office
Singapore: Singapore’s Dynamic Oil Trading will open a Dubai office later this year. The nine-month old marine fuels and lubricants…
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Haze brings dangers to ships calling Port Klang
Kuala Lumpur: Harbour pilots yesterday called on the Port Klang Authority (PKA) to add security measures due to poor visibility…
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Crowley Maritime bolsters Asian presence
Singapore: The solutions group of America’s Crowley Maritime Corp is opening a project management office in Singapore and building two…
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Brostrom Singapore sold
Singapore: Integra Holdings, the parent company of Integra Petrochemicals, and Cldn-Cobelfret, a Luxembourg based globally operating bulk shipping company, have…
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Yangon fuel distribution developments
Bangkok: More than 135 acres owned by the Myanmar Port Authority at Thilawa Special Economic Zone in Thanlyin and Kyauktan…
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Rig Tenders Indonesia focuses on offshore
Jakarta: PT Rig Tenders Indonesia is changing its profile to be less reliant on moving coal and far more into…
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Benakat snaps up local coal firm
Jakarta: Energy firm Benakat Petroleum Energy has completed its $600m acquisition of Astrindo Mahakarya Indonesia (AMI), a coal infrastructure company.…
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Swissco fleet expansion continues
Singapore: Mainboard-listed Swissco Holdings has secured contracts for its crew boats worth an aggregate of S$8.24m. The group took delivery…
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Sembcorp Marine offloads stake in China engineering firm
Singapore: Sembcorp Marine’s wholly owned subsidiary, SMOE, has divested 30% of its 49% equity stake in HQSM Engineering to China…
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Haze brings Malacca Strait navigational alert
Kuala Lumpur: Malaysia’s Marine Department has issued a navigational warning to ships heading through the Straits of Malacca as the…
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Perisai’s greater FPSO focus
Kuala Lumpur: Perisai Petroleum Teknologi plans to up its exposure to the floating production storage and offloading vessel (FPSO) segment,…
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Delays at Inpex’s Abadi gas field
Jakarta: Delays in construction are likely to push back the start of production at the Abadi gas field in eastern…
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HK manager opens new Manila office
Manila: Hong Kong shipmanager Univan has opened its new modern office in Manila, providing seafarers with improved facilities and better…
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