Asia
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Coteam’s bunkering licence revoked
Singapore: The Maritime and Port Authority of Singapore (MPA) has cancelled another bunkering licence with Coteam Petroleum Trading barred for…
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Myanmar drafts timber export ban
Bangkok: Yesterday saw Myanmar's government stop timber exports as it looks to establish a domestic wood-processing industry. Myanmar is one…
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Dredging project in Mekong delta restarts
Hanoi: A stalled dredging project has resumed which will eventually allow ships of up to 20,000 dwt sail down the…
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BIMCO’s Timlen steams to cycling fame
Singapore: In the local media over the weekend has been BIMCO’s local man on the ground, Thomas Timlen. Timlen, the…
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MOL to boost Singapore presence
Singapore: Japan’s Mitsui OSK Lines, one of the world’s largest shipping lines, with a fleet of around 900 vessels, has…
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Nam Cheong scores two more orders
Singapore: Malaysian offshore shipbuilder Nam Cheong Limited has sold two more vessels, giving it a first quarter sales tally of…
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Coastal Contracts sells three vessels, eyes jack-up rigs
Kuala Lumpur: Coastal Contracts have secured sales for three offshore support vessels and two workboats valued at around RM178m. …
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Swissco buys S$16m piece of land for new yard
Singapore: Offshore operator Swissco Holdings is purchasing a 26,248 square metre property at 21 Tuas Road as a base to…
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Bumi Armada receives LOI for Eni FPSO
Kuala Lumpur: Malaysia-based offshore oilfield services provider, Bumi Armada has received a Letter of Intent (LOI) from Italian oil and…
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‘Volatility, uncertainty and unevenness of growth’: PSA outlines box challenges
Singapore: In releasing its 2013 annual figures today terminal operator PSA International discussed some of the challenges facing the container…
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Gunvor starts trading of iron ore from Singapore
Singapore: Gunvor, one of the world’s largest independent commodity trading companies, has announced that it has started iron ore trading…
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AET’s dynamic move
Kuala Lumpur: AET, one of Southeast Asia’s premier names in tanker shipping, is making firm moves into the dynamic positioning…
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Privatisation process of Penang Port questioned
Kuala Lumpur: Penang Chief Minister Lim Guan Eng has called for the Transport Ministry to explain to the public the…
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Malaysian ports must up their game
Kuala Lumpur: Amid ever greater regional competition Malaysian ports need to up their game to be sure of retaining traffic,…
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AET: Moving into the dynamic positioning sector
Kuala Lumpur: AET, one of Southeast Asia’s premier names in tanker shipping, is making firm moves into the dynamic positioning…
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Offshore industry optimistic on rig and OSV rates
Singapore: Asia Shipping Media, the parent firm of this site, teamed up with Standard Chartered Bank to host an Offshore…
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BC Petroleum receives approval for Bentara development
Kuala Lumpur: BC Petroleum announced that its plan for the initial development phase of the Bentara oil field in the…
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Frost & Sullivan bullish on regional LNG markets
Kuala Lumpur: The environmental benefits that liquefied natural gas (LNG) offers over oil and coal are encouraging the development of…
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Bumi Armada in Sukuk financing move
Kuala Lumpur: Bumi Armada is pushing ahead with a Sukuk financing deal worth up to RM1.5bn. Proceeds will go on…
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TH Heavy bids to enter FPSO sector
Kuala Lumpur: TH Heavy Engineering is upgrading its fabrication yard so that it can make more than 20,000 tonnes of…
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