Asia
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Move to shift post-typhoon stranded ships
Manila: The Philippine Coast Guard (PCG) is handing out emergency permits to allow shipowners to remove ships that washed ashore…
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Nam Cheong completes Suntec office space buy
Singapore: Malaysian offshore shipbuilder Nam Cheong Limited has completed the acquisition of a 10,097 sq ft office space located at…
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Australian expansion move for Triyards fails
Singapore: Triyards Holdings, the Singapore offshore and fabrication firm 67%-owned by Ezra Holdings, has announced that its move into the…
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Go Marine sells seven vessels for $10m
Singapore: Otto Marine’s 90% owned subsidiary, GoMarine has entered into a memorandum of agreement to sell seven vessels to RSOV…
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Ezion to acquire Teras Conquest 4 jack-up rig
Singapore: Offshore services firm Ezion Holdings Limited has entered into a conditional letter of agreement to purchase 100% of the…
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River cruise ship sinks under tow
Bangkok: A river cruise vessel being towed for repositioning in Southeast Asia sank on December 21 leading the cruise operator…
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Indonesia’s LNG exports set to remain steady in 2014
Jakarta: Indonesia is set to churn out 6% more LNG this year, but exports will remain at a similar level…
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Batu Ampar port readies for transformation
Jakarta: Work continues on the development of Batu Ampar Port on Batam Island overlooking Singapore. The $30m extension will see…
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Divers to assess the dangers posed by sunken ferry off Cebu
Manila: Divers will return soon to the site where the St. Thomas Aquinas ferry sank five months ago to determine…
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Capitol Nusantara receives listing approval
Jakarta: Capitol Nusantara Indonesia, a shipping company controlled by Singapore's ASL Marine, has received approval from Financial Services Authority of…
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Iseaco heads to CSBC for twin containership order
Singapore: Singapore shipowner Iseaco Holdings has signed a deal with Taiwan shipbuilding CSBC to build a pair of 1,800 teu…
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Precious prepares to lock in long term contracts
Bangkok: Precious Shipping will continue to seek more time charters as the dry bulk market picks up, its managing director…
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Alam Maritim eyes diving support vessel
Kuala Lumpur: Alam Maritim Resources Bhd is preparing to spend RM250m on a diving support vessel. The acquisition should be…
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Benoa’s cruise curve
Jakarta: Bali’s southernmost port, Benoa, is experiencing a cruise bonanza. The port welcomed 41 cruiseships last year, and is on…
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Perisai Petroleum returns to Sembmarine’s PPL for jack-up
Kuala Lumpur: Malaysian offshore firm Perisai Petroleum Teknologi has announced that is has entered into a contract today with PPL…
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Collision off Batam
Singapore: Batam Port Office reported that two ships collided early Monday in the Malacca Strait. No fatalities were reported. A…
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Nam Cheong clinches four orders and sets new high
Kuala Lumpur: Malaysian offshore shipbuilder Nam Cheong has sold four new vessels at a total of $66m to help set…
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Barge search and rescue ends, four presumed dead
Singapore: After nine days of search efforts involving more than 300 vessels and two aircraft covering an area larger than…
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Singapore on course to be most vibrant shipping hub
Singapore: Singapore is on course to be the most vibrant international maritime centre in the coming five years, according to…
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ST Marine gets into North American ferry ops
Singapore: Singapore Technologies Engineering’s (ST Engineering) marine arm, Singapore Technologies Marine (ST Marine) announced today that it has entered into…
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