Asia
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Thor Mercury addition sees Thoresen Shipping fleet rising
Singapore: Thoresen Shipping Singapore, an owner and operator of dry bulk vessels and a wholly owned subsidiary of Thoresen Thai…
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Pan Ocean ditches STX from its name
Singapore: Pursuant to the rehabilitation plan of Korean bulker giant STX Pan Ocean the company’s name is reverting to its…
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Arrow broker poached to head up Clarksons’ Asian dry bulk ops
Singapore: Clarksons has appointed Jonny Maher as head of dry cargo for Asia. Based in Singapore, Maher will head up…
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Ship sinks in Iloilo
Manila: A ship anchored at the port of Iloilo sank yesterday morning. All 29 crew of the MV Sportivo were…
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Shell and Mubadala swap stakes in Malaysian offshore blocks
Kuala Lumpur: Royal Dutch Shell and Mubadala Petroleum have swapped equity stakes in two exploration blocks off Malaysia. Mubadala has…
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Keppel signs up for GTT’s containment systems
Singapore: France’s LNG containment specialist Gaztransport & Technigaz (GTT) has signed a technical assistance and license agreement with Keppel…
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Another Singapore bunker supplier heads for the exit
Singapore: The fickle world of bunkering has seen another player exit the ferociously competitive scene. Alliance Oil Trading is the…
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Ezra appoints advisors, eyes US IPO for subsea unit EMAS AMC
Singapore: Offshore firm Ezra Holdings has announced this morning it has appointed J.P. Morgan to advise the company on maximising…
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Perdana Petroleum wins Talisman AHTS contract
Kuala Lumpur: Perdana Petroleum has announced that its wholly-owned subsidiary Perdana Nautika has won a contract from Talisman Malaysia, for…
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Kim Heng set to list next Wednesday
Singapore: Kim Heng Offshore & Marine Holdings is selling a 25% stake in its company as it looks to list…
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Piracy incidents increase
Singapore: A report just issued by ReCAAP, the regional piracy watchdog, shows that piracy incidents in the area increased by…
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Capitol Nusantara debuts on the Indonesia exchange
Jakarta: Today sees another Indonesian shipping line list in Jakarta. Capitol Nusantara becomes the fourth company to list in the…
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Scomi scores Indonesia contract
Kuala Lumpur: Scomi Energy Services has been awarded a RM75m contract by Virginia Indonesia Company (VICO). The contract is for…
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Ezion to get 5 year service rig deal
Singapore: Offshore firm Ezion Holdings Limited has received a letter of intent from a Southeast Asian national oil company for…
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Vopak leads consortium to operate SE Asia’s first subterranean hydrocarbon storage facility
Singapore: JTC Corporation (JTC) has awarded a contract to operate Jurong Rock Caverns to a consortium comprising Vopak Terminals Singapore,…
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Three ships run aground in the Philippines
Manila: Three ships ran aground off Cebu and Leyte in the middle of the Philippine archipelago this morning. M/V Our…
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Pair of options exercised by Epic
Singapore: Fast growing Epic Gas has contracted to build two additional 11,000 cu m fully-pressurised gas carriers at Kyokuyo Shipyard…
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Vinashin’s debts laid bare
Hanoi: Vietnam's state-owned Debt and Asset Trading Corp (DATC) raised $626m through government-guaranteed bonds in 2013 to restructure the foreign…
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Petredec adds six more at Hyundai Heavy
Singapore: The quick buildup of the world’s LPG fleet continues with news today that Petredec has further expanded its very…
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Dagfinn Lunde becomes chairman of Executive Ship Management
Singapore: One of the best-known names in ship finance has become the chairman of Singapore’s Executive Ship Management (ESM). Dagfinn…
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