Asia
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Jaya exec steps down
Singapore: The president of Jaya Holdings’ shipbuilding and ship repair division has stepped down. Lim Siew Koon, 55, is…
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Vinashin issues bonds to pay back debts
Hanoi: Nguyen Ngoc Su, chairman of the financially troubled Vietnam Shipbuilding Industry Group (Vinashin), has revealed that Vinashin recently…
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Precious confident of upward dry bulk trend
Bangkok: Thailand’s Precious Shipping has just released details of its forward time charter position which is gradually filling up. …
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Vinashinlines fleet sale progresses
Hanoi: The Deputy Minister of Transport Nguyen Hong Truong has revealed that 90% of the bankrupt Vinashinlines ships that…
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Contract to develop Sarawak gas fields
Kuala Lumpur: France’s Technip and Malaysia Marine and Heavy Engineering (MMHE) have won an engineering, procurement, construction, installation and…
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Kuala Lumpur offers incentives to push further offshore
London: A decline in production among Malaysia’s shallow-water reserves has prompted the country to shift its focus towards new…
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Genting heads to Germany for new cruiseship
Hong Kong: Genting Hong Kong will splash out EUR707m on a new cruiseship to be built by Germany’s Meyer…
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Keppel to build jv yard in Mexico
Singapore: Keppel Offshore & Marine has signed a Memorandum of Understanding with Mexico’s PEMEX Exploracion y Produccion (PEP) and…
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Bangladeshi ship hits reef off Vietnam
Hanoi: Vietnamese authorities are fighting to contain a 400-ton oil spill from a Bangladeshi ship that hit a coral…
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2GO told St Thomas Aquinas wreck must go
Manila: The Philippine Coast Guard has demanded that 2GO immediately remove the wreck of the sunken ferry St Thomas…
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TAS sells AHTS for RM38m
Kuala Lumpur: TAS Offshore Berhad (TAS) has secured an RM38m contract for the sale of an anchor handling tug…
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KS Energy joins Singapore samba to Mexico
Singapore: Hot on the heels of Keppel’s announcement of a new yard in Mexico, mainboard listed KS Energy has…
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IMC buying product tankers in Dalian
Dalian: Singapore’s IMC has placed an order for four 50,000 dwt MR product tankers at Dalian Shipbuilding Industry Co. …
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Four-ship order for Petredec in Japan
Singapore: Singapore’s Petredec has signed an order for four 11,000 cu m pressurized LPG vessels to be built in…
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Fines for oil spill following August’s tragic collision
Manila: The owners of the two ships involved in the worst maritime accident in the Philippines for the last…
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Ezra forms Thai subsidiary
Singapore: Fast evolving offshore outfit Ezra Holdings has created a Thai subsidiary. Emas Offshore (Thailand) Ltd (EOTL) has a…
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Kamath quits FSL Trust
Singapore: Vijay Kamath, the svp and chief commercial officer at First Ship Lease Trust, has become the latest senior management…
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Singapore involvement in new Oslo shipping bank
Oslo: There’s a new bank focused on ship finance opening in Oslo, with one Singapore-registered firm involved. Maritime and…
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Mitsui Engineering & Shipbuilding sets up in Singapore
Singapore: Japan’s Mitsui Engineering & Shipbuilding (MES) has established a subsidiary company in Singapore , Mitsui Engineering & Shipbuilding…
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Tanjung Offshore adds more shares
Kuala Lumpur: Tanjung Offshore Berhad has announced it is converting warrants into shares. An additional 1.072m shares will be…
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