Asia
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Chemoil offloads Helios Terminal
Singapore: Chemoil has sold Helios Terminal in Singapore to German firm Oiltanking for $285m. The 448,000 cu m Jurong…
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New bunkering firm sets up in Cambodia
Phnom Penh: Tomorrow sees the official launch of a Danish bunkering venture in Cambodia. Go4 Bunker Denmark is…
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Total enters PNG
Sydney: French oil major Total has entered Papua New Guinea for the first time, taking stakes ranging from 35%…
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Pricing key to growth of LNG-as-fuel
London: Widespread adoption of LNG-as-fuel will be driven by price, the growth of alternative fuels and the degree of…
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Austal appoints regional manager in Singapore
Singapore: Austal has announced that Michael Little has joined Austal as Regional Service Manager – Asia. Based in Singapore,…
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Jakarta mulls tax cuts to nurture oil production
Jakarta: With oil production in southeast Asia’s largest economy consistently down Jakarta is mulling cutting taxes for firms involved…
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PSA breaks ground on Saudi terminal
Singapore: Saudi Global Ports LLC (SGP), a joint-venture company formed between the Public Investment Fund (PIF) of the Kingdom…
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LPG tanker blaze
Bangkok: An empty LPG tanker ship caught fire Sunday morning off the deepsea port in Ao Makham. The fire on…
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MISC offloads semi-sub stake
Kuala Lumpur: MISC has offloaded a 50% stake in its wholly-owned semi-submersible subsidiary Gumusut-Kakap Semi-Floating Production System Ltd (GKL)…
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JES gets first PSV contract
Singapore: Singapore-listed JES International Holdings Limited, a top private Chinese yard, has announced that it has bagged its first offshore…
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Stalled Dawei port project infuriates contractor
Bangkok: The protracted development of the deepsea port of Dawei in Myanmar is causing consternation. No clear support…
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Indonesia courts cruise dollars
Jakarta: Indonesia anticipates strong growth in cruise tourism next year with 300 calls already scheduled to visit the country’s…
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Sorong port construction delayed
Jakarta: State-run port giant PT Pelindo II has said the construction of Sorong Port in West Papua will be…
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Stena contemplating LNG orders
Singapore: One of the newer entrants to the LNG sector is planning to grow the fleet to continue its…
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Prosafe to build four rigs at Jurong Shipyard
Singapore: Jurong Shipyard has announced that Prosafe AS has signed a letter of intent to build a second semi-submersible accommodation…
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KS Energy enters Indonesian drilling venture
Singapore: KS Energy has announced that its 80% owned subsidiary, KS Drilling has incorporated a company, PT. KS Drilling Indonesia…
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FSL Trust provides update on Torm charters
Singapore: FSL Trust Management has provided details of a restructuring agreement with its banks and tonnage providers that will…
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BLT aims to get debt restructuring fixed by year-end
Jakarta: Berlian Laju Tanker (BLT), Indonesia’s largest shipowner, said yesterday it will aim to restructure its $1.9bn debt by…
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Tanjung Priok workers voice their anger
Jakarta: Demonstrations by port workers outside the gates of Tanjung Priok yesterday saw throughput at Indonesia’s largest port nosedive by…
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Wintermar gets financing boost
Jakarta: IFC, a member of the World Bank Group, has agreed to invest $10m in PT Wintermar Offshore Marine Tbk,…
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