Region
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CIMC to invest RMB2.5bn for new manufacturing base
Shanghai: China International Marine Containers Co (CIMC) has announced that CIMC Container Holdings, a wholly-owned subsidiary of the company, has…
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Foreign firms face up to growing pressure from Chinese heavylifters
Shanghai: The growing fleet of Chinese flagged heavylift vessels is putting pressure on international players, a senior executive from Germany’s…
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Jinhui Shipping terminates newbuild contract
Hong Kong: Hong Kong-based Jinhui Shipping announced that its wholly-owned subsidiary Jinqing Marine has reached an agreement with Mitsubishi Corporation…
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Intan Offshore buys AHTS for $7m
Kuala Lumpur: Perisai Petroleum Teknologi's indirect 51% subsidiary, Intan Offshore Labuan has entered into a Memorandum of Agreement with Lewek…
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Vard’s Vietnam base secures two PSVs
Singapore: Vard Holdings has secured new contracts for the design and construction of two platform supply vessels (PSVs) for Mermaid…
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Samudera offloads ageing tanker
Jakarta: Indonesian shipping firm Samudera Shipping Line is continuing to cut back older tonnage as it seeks to return to…
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Singapore gears up for busy week
Singapore: Were it any other city in the world this week would be deemed busy enough to merit a branding…
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TAS Offshore secures ship sales contract
Kuala Lumpur: TAS Offshore announced that a subsidiary of the company has secured a RM13.2m contract for the sale of…
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Sainty Marine inks ten MPVs
Shanghai: Sainty Marine has announced that it has signed shipbuilding contracts with Germen owner Zeaborn for the construction of six…
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China to complete Arctic shipping guidelines in June
Beijing: China is going to complete its first Arctic shipping guideline in June this year. The guidelines are jointly compiled…
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Sainty Marine goes for arbitration with Greek owners
Shanghai: Sainty Marine announced that its shipping subsidiary Shungao Shipping has applied for arbitration at London Maritime Arbitrators Association (LMAA)…
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Unipec signs LPG agreement with Phillips 66
Beijing: Sinopec’s wholly owned subsidiary, China International United Petroleum & Chemicals Co (Unipec), and American company Phillips 66 signed a…
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Rogue tanker Morning Glory boarded by US Navy SEALS
Cairo: Rogue tanker Morning Glory, which reportedly broke through a Libyan naval blockade from the rebel-held port of As-Sidra, has…
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NITC eyes LNG orders
Dubai: National Iranian Tanker Co (NITC) is ready to boost its fleet in the wake of sanctions easing against Iran.…
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Truce sought at Libyan ports
Cairo: A potential end to the blockade of three key Libyan oil exporting terminals is in sight with rebels announcing…
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Hansa Heavy Lift: Raft of newbuilds in the offing
Hamburg: Germany’s Beluga lived up to its name when in the middle of 2011 it went belly up, becoming a…
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Southeast Asia continues to be shipping black spot: Allianz
Singapore: A study made by European insurance giant Allianz on worldwide maritime losses shows that once again Southeast Asia is…
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Winding up order for subsidiary of Global Carriers
Kuala Lumpur: A subsidiary of Global Carriers, Global TS, has received a winding up order. Liquidation of the subsidiary will…
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Manila speeds up ship documentation times
Manila: Getting ships registered and able to trade in the Philippines has long been a cumbersome process, but that looks…
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Salamander eyes more platforms offshore Thailand
Bangkok: Asia-focused independent exploration and production company, Salamander Energy, is considering expanding the production infrastructure of its Bualuang field offshore…
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