Asia
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Fallen Titan looks to Singapore for solace
Hong Kong: Beleaguered Titan Petrochemicals has provided a trading update and admits to suffering from the current “adverse operating environment”.…
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Batam Maritime Center resurrected
Jakarta: PT Batam Maritime Center – a member of Drydocks World Group from Dubai has signed a Memorandum of…
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Thailand and Malaysia hot prospects for OSVs
Singapore: Thailand and Malaysia are deemed very hot areas for the booming offshore support vessel (OSV) market, says one…
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Wintermar provides loan to subsidiary
Jakarta: PT Wintemar Offshore Marine has provided a $6.7m loan to a subsidiary. The loan comes with an annual…
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Jurong Shipyard settles case with Ernst & Young
Singapore: Sembcorp Marine has said that its subsidiary Jurong Shipyard has reached an agreement, “made strictly on a commercial…
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Japanese get into Islamic financing
Tokyo: The rise of Asian ship finance gets ever more sophisticated in its offerings. Bank of Tokyo-Mitsubishi UFJ…
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Giant Vietnamese refinery scheduled for 2017 opening
Hanoi: Vietnam has signed a deal with companies from Japan and Kuwait to build a giant oil refinery complex…
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Alam Maritim sets out for more business
Kuala Lumpur: Alam Maritim Resources is going to have a big reorganisation of its offshore, installation and construction (OIC) and…
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Bohol cruise plans
Manila: The governor of the central Philippine island of Bohol, Edgar Chatto, is pushing hard to make his stunning island…
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Trans Power Marine readies IPO
Jakarta: Lining up an IPO in Jakarta is shipping company PT Trans Power Marine (TPM). TPM expects to notch up…
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European quality at Asian prices: IHC Merwede offering debuts in Singapore
Singapore: IHC Merwede has extended its product range with the introduction of a new series of IHC Packhors offshore…
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Indonesian logistics costs spiral
Jakarta: The latest port fees hike in the country makes Indonesia’s logistics costs among the highest in the region,…
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Supply chain disruptions will see Indonesian LNG output fall this year
Jakarta: LNG output from Indonesia is set to drop 6.6% this year, according to the country’s oil and gas regulator,…
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Pair of PSVs ordered at Cosco Guangdong
Singapore: Singapore-listed Cosco Corporation has announced its 51% owned subsidiary Cosco (Guangdong) Shipyard has won an order from Europe for…
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New Cargotec ceo flown in
Helsinki: Cargotec has tapped Finnair for its new ceo to replace Mikael Maekinen who moved to Singapore last October…
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Launch of Maritime CEO, the portal for top shipping insights
Singapore: Maritime CEO, the portal for leading shipping insights, officially launches this week. Brought to you by Asia Shipping…
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Mermaid lands China subsea catch
Bangkok: Mermaid Maritime has announced that business unit Mermaid Offshore Services Limited has been awarded a six month subsea…
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Phoenix product purchase
Manila: Phoenix Petroleum Philippines is spending P242m to buy a new 14,000dwt product tanker for its recently acquired subsidiary Chelsea…
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FSL: Clausius picks sectors with ‘promising fundamentals’
Singapore: Product tankers, chemical tankers, LPG carriers and car carriers have “promising fundamentals”, according to Philip Clausius, president and…
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Keppel Corp’s Choo wary of rivals despite record results
Singapore: With characteristic understatement Keppel Corp’s ceo Choo Chiau Beng described his company’s record results as merely “creditable”. Perhaps…
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