Asia
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Bohol cruise plans
Manila: The governor of the central Philippine island of Bohol, Edgar Chatto, is pushing hard to make his stunning island…
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Trans Power Marine readies IPO
Jakarta: Lining up an IPO in Jakarta is shipping company PT Trans Power Marine (TPM). TPM expects to notch up…
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European quality at Asian prices: IHC Merwede offering debuts in Singapore
Singapore: IHC Merwede has extended its product range with the introduction of a new series of IHC Packhors offshore…
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Indonesian logistics costs spiral
Jakarta: The latest port fees hike in the country makes Indonesia’s logistics costs among the highest in the region,…
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Supply chain disruptions will see Indonesian LNG output fall this year
Jakarta: LNG output from Indonesia is set to drop 6.6% this year, according to the country’s oil and gas regulator,…
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Pair of PSVs ordered at Cosco Guangdong
Singapore: Singapore-listed Cosco Corporation has announced its 51% owned subsidiary Cosco (Guangdong) Shipyard has won an order from Europe for…
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New Cargotec ceo flown in
Helsinki: Cargotec has tapped Finnair for its new ceo to replace Mikael Maekinen who moved to Singapore last October…
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Listing switch for STX Pan Ocean
Singapore: Up-for-sale STX Pan Ocean will call an extraordinary general meeting to convert its Singapore listing status from a…
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Launch of Maritime CEO, the portal for top shipping insights
Singapore: Maritime CEO, the portal for leading shipping insights, officially launches this week. Brought to you by Asia Shipping…
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Mermaid lands China subsea catch
Bangkok: Mermaid Maritime has announced that business unit Mermaid Offshore Services Limited has been awarded a six month subsea…
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Phoenix product purchase
Manila: Phoenix Petroleum Philippines is spending P242m to buy a new 14,000dwt product tanker for its recently acquired subsidiary Chelsea…
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FSL: Clausius picks sectors with ‘promising fundamentals’
Singapore: Product tankers, chemical tankers, LPG carriers and car carriers have “promising fundamentals”, according to Philip Clausius, president and…
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Keppel Corp’s Choo wary of rivals despite record results
Singapore: With characteristic understatement Keppel Corp’s ceo Choo Chiau Beng described his company’s record results as merely “creditable”. Perhaps…
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Two more investments for freewheeling Yangzijiang
Singapore: Nimble Chinese yard Yangzijiang Shipbuilding continues to diversify as it looks to avoid the worst of the downturn.…
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PTT eyes Dawei
Bangkok: Interest among Thai firms in the future megaport of Dawei in Myanmar continues to rev up. Energy firm PTT…
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Milestone deal for Icon
Kuala Lumpur: Malaysia’s Icon Offshore has bagged a massive set of charter deals. Five offshore supply vessels and three anchor…
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Thoresen Thai looks to double dry bulk fleet by 2015
Bangkok: Thoresen Thai Agencies’ efforts to raise cash will go towards doubling its dry bulk fleet, as well as adding…
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Gloomy outlook for Asia-Europe box trades: Alphaliner
Paris: Painting a gloomy picture for the start of the Year of the Water Snake French container analysts Alphaliner…
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Vietnam offshore shuffle
Hanoi: PetroVietnam and the national government have approved a farm-out of offshore exploration blocks 120 and 105-110/04 by Neon…
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Fincantieri completes STX OSV buyout
Singapore: Fincantieri, through its wholly owned subsidiary Fincantieri Oil & Gas, has successfully completed the acquisition of 50.75% of Singapore-listed…
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