Malaysia
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Asia
SapuraKencana awarded host of new contracts
SapuraKencana has announced that subsidiaries within the SapuraKencana Group have been awarded new contracts and extensions with a combined value…
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Asia
Indonesia, Malaysia and the Philippines agree on anti-piracy patrols
Indonesia, Malaysia and the Philippines have designated a transit corridor for ships crossing a maritime zone hit by a spate…
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Asia
Abu Sayyaf grabs nearly $3m to release four kidnapped seafarers
It has emerged that families of four kidnapped Malaysian seafarers recently freed by the Abu Sayyaf militant group in the…
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Asia
K Line forms panamax jv in Malaysia
Japan’s Kawasaki Kisen Kaisha (K Line) has formed a joint venture company owning a Malaysian-flag panamax vessel with Halim Mazmin…
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Asia
Major environmental disaster declared in Penang following bunker spill
The local government in Penang has declared a major environmental disaster after a serious spill from the product tanker on…
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Asia
Court case beckons for Semua
Malaysia’s Hoe Leong Corporation has warned that two subsidiaries, Semua Chemical Shipping and Semua Shipping, have received winding up petitions…
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Asia
Maybulk continues bulker sell off
Malaysian Bulk Carriers (Maybulk) has put two bulk carriers for sale, Malaysian local media The Edge has reported. According to…
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Asia
Malaysia’s UMW Oil & Gas cuts 300 jobs
Malaysian offshore drilling and oilfield services contractor UMW Oil & Gas has cut about 300 jobs in order to deal…
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Asia
MMC keen to buy more ports
Malaysian conglomerate MMC Corp is looking to buy more ports. The firm, which is involved in real estate and power…
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Asia
MISC sells off logistics subsidiary
Malaysia’s MISC has entered into an agreement to sell its entire stake in wholly-owned subsidiary, MISC Integrated Logistics (MILS), to…
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Asia
Icon Offshore awarded ExxonMobil vessel contracts
Icon Offshore has announced that it has been awarded contracts to provide two straight supply vessels for offshore production platforms…
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Asia
Malaysia, Indonesia and Philippines to strengthen anti-piracy cooperation
Foreign ministers from Indonesia, Malaysia and the Philippines agreed at a meeting today to conduct additional sea patrols and establish a…
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Asia
Semua Shipping finds a buyer
Malaysia’s R&A Telecommunication Group is buying Semua Shipping from Sumatec Resources. Semua currently owns six 8,000 dwt product tankers. All…
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Asia
Hibiscus Petroleum’s acquisition of Hydra Energy falls through
Hibiscus Petroleum has terminated its plans to acquire Australian oil company Hydra Energy Holdings (HEH). The company said the deal…
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Asia
Sona Petroleum’s Stag oilfield acquisition hangs in the balance
Sona Petroleum’s dreams of becoming an independent oil and gas exploration and production (E&P) company have been put on hold after shareholders…
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Asia
Further piracy worries off Sabah
Crew working on the OSV Armada Tuah have warned of the possibility of pirates operating around an oil field 120…
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Asia
Seadrill ditches remaining stake in SapuraKencana Petroleum
John Fredriksen’s Seadrill announced the sale of its remaining stake of approximately 490m shares in Malaysia’s SapuraKencana for approximately $195m,…
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Asia
Malaysian Bulk Carriers gets coal COA
Malaysian Bulk Carriers (MBC) has won a 15-year contract of affrieghtment (COA) worth RM563m ($143.5m) from compatriot company TNB Fuel…
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Asia
The next Somalia
In January 2015, I went for a swim in the Sulu Sea. Just a family day out at the seaside,…
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Asia
AET buys Paramount Tankers
Malaysia’s American Eagle Tankers (AET) is to acquire Golden Energy Tanker Holdings’ 50% stake in Paramount Tankers, a joint venture…
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