Region
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Chemoil reports solid results
Singapore: Mainboard-listed Chemoil managed a net profit of $7.7m in the third quarter, up from $2.5m in the same…
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ASL becomes Vosta parent
Singapore: ASL Marine has bought out two European companies. The Singapore conglomerate has paid EUR5.1m for the Dutch firm,…
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Downturn far from over: Sohmen
Hong Kong: One of the world’s most respected shipowners has told SinoShip News shipping’s downturn is far from over. Dr…
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Nam Cheong bags four and sets record sales
Singapore: Nam Cheong Limited today announced that it has sold four AHTS vessels worth a total of US$45.13 million,…
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Anticipating lengthy ‘tough operating conditions’ MISC sells semi-sub stake
Kuala Lumpur: Energy giant MISC is selling off its 50% stake in the semi-submersible Gumutsut-Kakap to E&P Ventures Solutions for…
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Northport prepares for the future
Kuala Lumpur: Northport’s ceo has defended his facility’s expansion plans during the downturn, pointing out that ports have to…
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Wah Kwong celebrates 60th anniversary
Hong Kong: The top echelon of Hong Kong’s shipping community came out in force last night to celebrate the 60th…
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Quality of Chinese OSV construction under the spotlight
Singapore: The build quality of OSVs in China came under intense scrutiny at Offshore Marine Asia yesterday. The conference organised…
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Hallin Marine’s Windermere deployed in Maleo gas field
Singapore: Hallin Marine’s OSV Windermere is now working in the Maleo gas field off Madura, East Java. Operating on…
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Univan closes in on century of ships
Hong Kong: Univan Ship Management is on the cusp of a significant milestone. Speaking to SinoShip News Bjorn Hojgaard (pictured),…
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Shipping set for toughest time in 2013: Kenneth Koo
Hong Kong: The boss of Tai Chong Cheang Steamship (TCC) warns that however severe the downturn has been so far,…
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GSI announces VLCC order and offshore decision
Guangzhou: Guangzhou Shipbuilding International (GSI) has announced in a board meeting yesterday that it has received a 3+2 308,000 ton…
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Xiamen Shipping Exchange brings in freight index service
Xiamen: Xiamen Shipping Exchange has filled in the blank of a freight index service by welcoming Fujian Nanquan Group as…
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Red ink still flows for Cosco
Hong Kong: Losses continue to rack up for China COSCO Holdings, although the volume of red ink flowing appears to…
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More Vinashin arrests
Hanoi: The ongoing investigation into economic mismanagement across the sprawling empire of Vietnam Shipbuilding Industry Group (Vinashin) resulted yesterday…
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TAS Offshore confident of greater sales
Kuala Lumpur: TAS Offshore, the Sarawak-based shipbuilder, is confident of posting higher revenues and profits in the coming two…
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Sinwa earmarks cash for expansion
Singapore: Despite announcing earlier in the day that it anticipates to be making losses both in the third quarter…
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Pertamina’s lube sales spanning the globe
Jakarta: The country’s energy giant Pertamina has started shipping its lubricants products to Switzerland and South Africa, in an…
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Britoil enters PSV market
Singapore: Britoil Offshore Services Pte Ltd is to build two PX121 Ulstein designed platform supply vessels at the P.T.…
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Jinjiang to launch its first Southeast Asia route
Shanghai: Shanghai Jinjiang Shipping will launch its first southeast Asia route on 25 November, which will be a landmark…
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