Asia
Austal appoints regional manager in Singapore
Singapore: Austal has announced that Michael Little has joined Austal as Regional Service Manager – Asia. Based in Singapore,…
Read More »Jakarta mulls tax cuts to nurture oil production
Jakarta: With oil production in southeast Asia’s largest economy consistently down Jakarta is mulling cutting taxes for firms involved…
Read More »PSA breaks ground on Saudi terminal
Singapore: Saudi Global Ports LLC (SGP), a joint-venture company formed between the Public Investment Fund (PIF) of the Kingdom…
Read More »LPG tanker blaze
Bangkok: An empty LPG tanker ship caught fire Sunday morning off the deepsea port in Ao Makham. The fire on…
Read More »MISC offloads semi-sub stake
Kuala Lumpur: MISC has offloaded a 50% stake in its wholly-owned semi-submersible subsidiary Gumusut-Kakap Semi-Floating Production System Ltd (GKL)…
Read More »JES gets first PSV contract
Singapore: Singapore-listed JES International Holdings Limited, a top private Chinese yard, has announced that it has bagged its first offshore…
Read More »Stena contemplating LNG orders
Singapore: One of the newer entrants to the LNG sector is planning to grow the fleet to continue its…
Read More »Prosafe to build four rigs at Jurong Shipyard
Singapore: Jurong Shipyard has announced that Prosafe AS has signed a letter of intent to build a second semi-submersible accommodation…
Read More »Stalled Dawei port project infuriates contractor
Bangkok: The protracted development of the deepsea port of Dawei in Myanmar is causing consternation. No clear support…
Read More »Indonesia courts cruise dollars
Jakarta: Indonesia anticipates strong growth in cruise tourism next year with 300 calls already scheduled to visit the country’s…
Read More »Sorong port construction delayed
Jakarta: State-run port giant PT Pelindo II has said the construction of Sorong Port in West Papua will be…
Read More »Wintermar gets financing boost
Jakarta: IFC, a member of the World Bank Group, has agreed to invest $10m in PT Wintermar Offshore Marine Tbk,…
Read More »KS Energy enters Indonesian drilling venture
Singapore: KS Energy has announced that its 80% owned subsidiary, KS Drilling has incorporated a company, PT. KS Drilling Indonesia…
Read More »FSL Trust provides update on Torm charters
Singapore: FSL Trust Management has provided details of a restructuring agreement with its banks and tonnage providers that will…
Read More »BLT aims to get debt restructuring fixed by year-end
Jakarta: Berlian Laju Tanker (BLT), Indonesia’s largest shipowner, said yesterday it will aim to restructure its $1.9bn debt by…
Read More »Tanjung Priok workers voice their anger
Jakarta: Demonstrations by port workers outside the gates of Tanjung Priok yesterday saw throughput at Indonesia’s largest port nosedive by…
Read More »Chartering giants take the green initiative
London: Cargill, the world’s largest charterer of bulk carriers, Huntsman Corporation, a chemicals giant and Unipec UK, a division…
Read More »Kuok completes yards buyout
Singapore: Malaysian tycoon Robert Kuok completed his majority buyout yesterday of the southeast Asian yards belonging to beleaguered Drydocks…
Read More »Cable layer for STX OSV
Singapore: Singapore-listed STX OSV Holdings Limited has announced it has secured a contract for the design and construction of…
Read More »Ideocean targets Middle East
Dubai: Singapore headquartered Ideocean Group has announced a strategic alliance with Dubai-based Aethon Marine Services. The businesses will jointly…
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