Region
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Finland’s Eniram opens in Dubai
Dubai: Eniram Limited, the Finnish provider of energy management technology and data analytic services to the shipping industry, is expanding…
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Libya detains ‘North Korean’ tanker
Cairo: Libyan authorities said yesterday they intercepted the North Korean-flagged tanker, Morning Glory, which had loaded crude from Sidra, a…
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PSA Marine likely to take over Pacific Basin towage business
Hong Kong: Hong Kong owner Pacific Basin has chosen PSA Marine as the preferred bidder to sell part of its…
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PGN to build undersea gas pipeline
Jakarta: Indonesia-based natural gas industry player, PT Perusahaan Gas Negara (PGN), is to jointly build a 200 kilometers subsea gas…
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Sinwa offloads vessel to Go Offshore
Singapore: Singapore-based marine supplies firm Sinwa announced that its subsidiary, Sinwa Emerald, has reached an agreement with GO Offshore for…
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Yinson Production boss bullish on regional FPSO buildup
Singapore: Eirik Barclay, ceo of Yinson Production, has outlined his bullish take on the FPSO sector in the region. Barclay,…
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MOL looks at Myanmar expansion
Tokyo: Japan’s Mitsui O.S.K. Lines (MOL) is eyeing more business beyond container shipping in Myanmar. Apart from future expansion on…
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Former Pac Basin boss on the cover of Maritime CEO magazine
Singapore: The former head of Hong Kong’s Pacific Basin and one of the best known wheeler dealers in shipping is…
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Minsheng places orders for 30 ultramaxes at CIC Jiangsu
Shanghai: Minsheng Financial Leasing has signed with CIC Jiangsu Shipbuilding, the shipbuilding arm of China Shipping Group, for 30 ultramax…
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Qingshan Shipyard bags six more bulkers from Oldendorff
Shanghai: German shipowner Oldendorff has exercised options for six 64,000 dwt bulk carriers at Qingshan Shipyard, to be delivered between…
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Zhuhai Port applies for RMB200m credit to expand logistics business
Guangzhou: Zhuhai Port Holdings (ZPH) announced that the board has decided to apply for an one-year credit facility of RMB200m…
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Zhongchang Marine seeks further financial support from shareholder
Shanghai: The financial-troubled private bulk owner, Zhongchang Marine, has inked a three year loan agreement with the controlling-shareholder Sang Sheng…
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Rongsheng to issue HK$1bn of bonds
Hong Kong: China’s largest private shipbuilder, China Rongsheng Heavy Industries, has announced that the company plans to issue HK$1bn of…
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FP Marine Risks acquires fellow HK marine insurer
Hong Kong: FP Marine Risks, a marine insurance broker, today announced that it is in advanced negotiations to acquire the…
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Helix Media: The ABC of PR
Singapore: Among countless shipping PR companies Helix Media in Singapore claims it is different because of its insurance side of…
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Wison boss arrested
Hong Kong: Hong Kong-listed Wison Engineering Services announced that Hua Bangsong, the chairman of the company, has been fomally arrested…
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UASC completes newbuild plan with 18,000 teu option
Dubai: United Arab Shipping Company (UASC) has signed for the final option of an additional 18,000 teu vessel bringing the…
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Middle East’s top owners profiled in Maritime CEO magazine
Singapore: The bosses of two of the largest shipping lines in the Middle East are among the more than 20…
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North Korean tanker will be shelled if it tries to leave Sidra port
Cairo: A tanker, which has attempted to load oil in the rebel-held Sidra port, risks being turned into “scrap” by…
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Epic Gas on the cover of Maritime CEO magazine
Singapore: The former head of Hong Kong’s Pacific Basin and one of the best known wheeler dealers in shipping is…
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