Asia
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Otto Marine in Malaysian OSV deal
Singapore: Go Marine Ship Management, a 90% owned subsidiary of Otto Marine, is buying 49% of the shares in Expro…
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Nam Cheong issuing S$90m in notes
Singapore: Nam Cheong has appointed DBS Bank and DMG & Partners Securities as joint lead managers and bookrunners in connection…
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Ferry deviating from sea lane likely cause of fatal collision
Manila: The death toll from the sunken passenger ferry off Cebu rose to 75, the Philippine Coast Guard (PCG) said…
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Another ferry calamity off Cebu
Manila: As the island of Cebu struggles to come to terms with the loss of life and marine pollution from…
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Sembcorp Marine eyes Saudi yard
Singapore: Singaporean shipyard Sembcorp Marine has signed a memorandum of understanding with Saudi Aramco and National Shipping Co of Saudi…
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Captains disagree on how fatal collision happened
Manila: Initial investigations into last week’s collision that saw a ferry sink off Cebu show discordant points of view from…
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Haze warning returns to Singapore
Singapore: Due to the presence of haze, the visibility in the Singapore Strait and port waters could be significantly reduced,…
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Keppel wins fifth Floatel accommodation semi
Singapore: Keppel FELS has won its fifth a contract from Floatel International to build an accommodation semisubmersible at a…
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Bumi Armada bullish on more FPSO contracts
Kuala Lumpur: Bumi Armada is confident of bagging more floating production, storage and offloading (FPSO) tenders. Two tender results in…
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Daya wins Technip charter deal
Kuala Lumpur: Daya Materials Berhad subsidiary, Daya OCI Limited, has entered into a charter party contract with Norwegian offshore firm Technip…
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Former Petronas CEO appointed deputy chairman of Sembcorp Marine
Singapore: Former Petronas president and ceo, Tan Sri Mohd Hassan Marican, has been appointed as deputy chairman of Sembcorp Marine.…
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Emerald Grand eyes Myanmar port project
Bangkok: Emerald Grand Group of Thailand and Myanmar Port Authority have signed an agreement to research the possible development of…
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PSA back in the race for Indian terminal
Singapore: Local media in India report that despite being rebuffed last year PSA International is back retendering for the rights…
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Corruption scandal brings turmoil to Indonesian energy sector
Jakarta: Indonesia’s energy sector is in crisis as a corruption scandal engulfs the capital. Indonesia’s energy regulator, SKKMigas, has suspended…
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Philippine ferry death toll mounts, calls for nationalisation
Manila: Calls are growing for ferry operations in the Philippines to be nationalized in the wake of the latest…
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Singapore PM outlines port shift to Tuas
Singapore: Singapore’s prime minister Lee Hsien Loong yesterday laid out a master plan for the city state that will see…
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Manila Bay crime threat: ReCAAP
Singapore: The Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP) has issued its latest…
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ATI sets aside P4.2bn for port expansion
Manila: Asian Terminals Inc will spend P4.2bn espanding its facilities in Manila and Batangas in the coming three years. Developments…
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Manila cabotage amendment possible this year
Manila: The cabotage law in the Philippines could be repealed this year, the Department of Transportation and Communication Secretary Joseph…
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Triyards establishes $250m debt issuance programme
Singapore: Triyards Holdings has established a US$250m multicurrency debt issuance programme using Oversea-Chinese Banking Corporation as its arranger and dealer.…
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