Asia
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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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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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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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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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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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Chartering giants take the green initiative
London: Cargill, the world’s largest charterer of bulk carriers, Huntsman Corporation, a chemicals giant and Unipec UK, a division…
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Kuok completes yards buyout
Singapore: Malaysian tycoon Robert Kuok completed his majority buyout yesterday of the southeast Asian yards belonging to beleaguered Drydocks…
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Cable layer for STX OSV
Singapore: Singapore-listed STX OSV Holdings Limited has announced it has secured a contract for the design and construction of…
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Ideocean targets Middle East
Dubai: Singapore headquartered Ideocean Group has announced a strategic alliance with Dubai-based Aethon Marine Services. The businesses will jointly…
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Cruise business picking up in Myanmar
Singapore: Orient-Express Hotels will launch a new 50-passenger river vessel on Myanmar's Irrawaddy River in July 2013, as the appetite…
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Singapore’s container landscape set for huge change
Singapore: PSA Singapore Terminals announced yesterday dramatic changes to its future operations, which will see the majority of berths shift…
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Ships must be ‘vigilant’ around the Straits: IMB
Pirates have hit at least 10 times in waters around Singapore and the Malaysian peninsula in 2012, leading the International…
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New HCM port investing in infrastructure
Ho Chi Minh City: Cargotec received an order to supply four Kalmar E-One2 Zero Emission RTG cranes to a…
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