Asia
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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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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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Eni signs for fourth Vietnamese block
Hanoi: Italian energy firm Eni continues to maintain a strong interest in Vietnam. The company, which already operates three offshore…
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Teluk Lamong port to launch in August
Jakarta: State run terminal operator Pelindo III will launch the Teluk Lamong Multipurpose Terminal in East Java in August. The…
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Contract for Sabah Ports
Kuala Lumpur: Sabah Ports had signed a memorandum of understanding with Sipitang Oil and Gas Development Corporation, a wholly-owned company…
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Delay in launch of Philippines-Indonesia service
Manila: Plans for a roro link between the southern Philippines and Indonesia have been put back. The route connecting Davao…
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Lampung FSRU operations nearly ready
Jakarta: State-controlled gas distributor Perusahaan Gas Negara has secured contracts to supply natural gas to 14 companies operating in Lampung.…
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Rampant competition pushes many Vietnamese ports into the red
Hanoi: Severe competition among northern Vietnamese ports has seen container handling fees drop to below cost levels, local authorities have…
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Solid start for Icon share trading
Kuala Lumpur: Malaysia's Icon Offshore had a solid debut on the Kuala Lumpur stock exchange with its share price rising…
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Epic Gas returns to Sasaki
Singapore: Fast growing Epic Gas has just announced the acquisition of a third 7,500 cu m fully pressurized gas carrier…
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PSA Marine pulls out of PB Towage acquisition
Hong Kong: In a big setback to Pacific Basin’s strategy to focus its business more exclusively on dry bulk, its…
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Sorong port construction delayed
Jakarta: State-owned port operator PT Pelindo II has warned that construction of the long-awaited Sorong seaport in West Papua will…
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Thilawa to get fuel boost
Bangkok: A joint venture company has received government approval to build a berth and petrol storage tanks at Thilawa port.…
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Damco’s Myanmar first
Bangkok: Third-party logistics provider Damco has started operating the first international standard warehouse and container freight station (CFS) facility in…
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Filipino seafarers provide insight on life at sea
Singapore: Today sees the fourth ever Day of the Seafarer. The day, now recognised by the United Nations, was created…
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Wah Seong invests in Alam Maritim venture
Kuala Lumpur: Alam Maritim has signed a joint venture agreement with Wasco Energy, a wholly-owned subsidiary of Wah Seong Corporation…
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Damen linked with Ha Long Shipbuilding
Hanoi: Local media in Vietnam link the Netherlands shipbuilding group Damen with Ha Long Shipbuilding, part of the Shipbuilding Industry…
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Keppel to convert Golar LNG ship
Singapore: Keppel Shipyard, a wholly-owned subsidiary of Keppel Offshore & Marine, has signed a conditional contract with Golar Hilli Corporation,…
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Northport readies for revamp
Kuala Lumpur: Northport expects construction of its revamped giant eighth berth to start at the end of this year. The…
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KS Energy goes to China for new rig
Singapore: KS Energy has tapped Shanghai Zhenhua Industry Co to build a Friede & Goldman JU-2000E jack-up drilling rig. The…
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