Asia
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Wintermar to issue new shares
Jakarta: Wintermar Offshore Marine, an Indonesian offshore service provider, is planning to raise about IDR307bn for fleet expansion through issuing…
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Myanmar getting to grips with updated maritime laws
Singapore: For the last year Singapore lawyer Jude Benny has been working with the government of Myanmar to help the…
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Thai tanker attack prompts security advisory
Portsmouth: The latest report of a tanker hijack in Southeast Asia has prompted the UK’s maritime operations firm Dryad Maritime…
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Magsaysay: The future of the Philippines as a shipping hub
Athens: Ahead of this year’s Posidonia shipping show, Marlon Rono, president of Philippine crewing giant, Magsaysay Maritime Corporation, felt it…
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Takeover speculation mounts for Tanjung Offshore
Kuala Lumpur: The mooted reverse take over of Tanjung Offshore by Singapore-based Bourbon Offshore Asia through an asset injection exercise…
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Manila increasingly shipping’s BPO hub
Athens: The Philippines is growing as shipping’s back office hub, says the president of the nation’s top crewing provider. Marlon…
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Vietnamese carriers affected by tensions with China
Hanoi: Vietnam shipping firms have become more cautious about navigating in the disputed East Sea area, said a high ranking…
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Indonesia teams up with South Korea on LNG development
Jakarta: Indonesia and South Korea will work together on coalbed methane projects, a floating LNG terminal, an onshore liquefaction facility…
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GasLog signs repair deal with Sembawang Shipyard
Singapore: Sembawang Shipyard, a wholly-owned subsidiary of Sembcorp Marine, has secured a long-term Favoured Customer Contract (FCC) from GasLog LNG…
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Jakarta plans 14 new coal terminals
Jakarta: Indonesia will build 14 dedicated coal terminals on the islands of Kalimantan and Sumatra, according to the Minerals and…
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SGX forces Yangzijiang to disclose damaging allegations made against its chairman
Singapore: One of China’s largest private shipyards has been forced by the Singapore Exchange to provide reasons why its share…
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Danang port to launch IPO this month
Hanoi: The Port of Danang, the largest in central Vietnam, will sell over 8.3m shares in its initial public offering…
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SembCorp Marine eyes gas terminal construction
Singapore: Pointing to a possible new business strand, Sembcorp Marine has entered into an agreement to acquire a 12% stake…
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Thai tanker ransacked by pirates
Bangkok: A diesel tanker, Orapin 4, owned by Thai International Tanker, with 14 crew aboard, arrived at Chon Buri’s Sri…
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Swiber sambas to $80m epic contract win
Singapore: Offshore firm Swiber Holdings has won an engineering, procurement, installation and construction contract for subsea development work including pipeline…
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Precious fixes loan
Bangkok: Thai dry bulk owner Precious Shipping has secured an $81.5m term loan facility from the Export-Import Bank of Thailand…
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Thai tanker goes missing in Indonesian waters
Singapore: A Thai tanker has gone missing with authorities across the region scrambling to locate the ship. According to the…
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ASL Marine scores contracts for four support vessels
Singapore: ASL Marine Holdings has won shipbuilding contracts for four vessels from customers in Australia and Norway. The deals…
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MPA vows to crack down on navigational safety
Singapore: Following the three collision incidents resulting in oil spills which took place in Singapore port waters and the Singapore…
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Northport development on track
Kuala Lumpur: Northport’s RM1bn development plans to bring capacity up to 6.2m teu by 2016 are moving ahead well, according…
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