Asia
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Puma Energy acquires oil assets in Papua New Guinea
Singapore: Singapore-based Puma Energy announced the acquisition of InterOil Corporation subsidiary companies that own refining and fuels marketing businesses in…
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Batangas volumes grow
Manila: Asian Terminals Inc reports growing volumes at its Batangas Container Terminal (BCT). This June saw the launch of MCC…
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New Singapore bunkering firm starts operations
Singapore: Bunkering firm Bunker Holding Group has announced its new Singapore subsidiary, Unicore Fuel, has started operating. The company is…
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Sabah ranks Kota Kinabalu as transhipment hub
Kuala Lumpur: The Federation of Sabah Industries has urged the national government to look at transforming Kota Kinabalu into a…
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Management shuffle at Northport
Kuala Lumpur: There’s been a top management shuffle at Northport, the Port Klang terminal, following the retirement of a senior…
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Knudsen switches from Maersk Line to Damco
Singapore: Maersk-linked logistics provider Damco has appointed Thomas Knudsen as regional head of its Asia business. “The diversity of markets…
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Indian Ocean rowing record challenge
Singapore: Today sees the start of one of the toughest sea challenges known to mankind. Four men are setting off…
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Ulbricht joins DVB
Singapore: A well-known name in Singapore banking circles has jumped ship from Deutsche Bank to DVB Bank. Felix Ulbricht, 47,…
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Nam Cheong adds four more
Singapore: Malaysian offshore vessel builder Nam Cheong Limited has sold another four vessels to take its order book to 25…
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KrisEnergy acquires share in Indonesian block
Singapore: KrisEnergy has agreed to acquire from Premier Oil Overseas its entire 41.6666% working interest in the Block A Aceh…
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OW Bunker launches third barge in Singapore
Singapore: OW Bunker has announced the launched of a third barge in Singapore, the 4,700dwt barge “Marine Noel”, operated by Sinanju…
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Swiber sells interest in Vallianz Marine
Singapore: An indirect subsidiary of Swiber Holdings, Swiber Engineering, has disposed 24,500 ordinary shares, representing 49% equity interest of Vallianz…
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FSL Trust secures time charter with Tesoro
Singapore: FSL Trust has entered into a time charter agreement with Tesoro Far East Maritime Company, a wholly-owned subsidiary of…
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KrisEnergy gives Wassana the green light
Singapore: KrisEnergy has moved ahead and approved the development of the Wassana oil field in the Gulf of Thailand. …
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PIPC to expand terminals with RM16bn
Kuala Lumpur: Pengerang Independent Terminals Sdn Bhd (PITSB) may spend an additional RM16 billion in the next 15 years to…
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Otto Marine offloads trio
Singapore: Singaporean offshore operator Otto Marine has sold three of its vessels to a Malaysian company in which it holds…
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Djakarta Lloyd looks to bounce back
Jakarta: Shorn of much of its debt, state run shipping line Djakarta Lloyd now wants to focus more on logistics.…
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Westports contract extension
Kuala Lumpur: Port Klang Authority (PKA) has extended the concession period for Westports Holdings by another 30 years. The extra…
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Calls to scrap Sabah cabotage policy
Kuala Lumpur: The cabotage policy in Sabah has been attacked by local businessmen who claim it is responsible for far…
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Philippines urged to spend on LNG infrastructure
Manila: The Philippines should spend much more on LNG infrastructure, a senior energy executive has said. Speaking with the Philippine…
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