Singapore
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Middle East
PACC Offshore subsidiary sues Makamin for hire in Saudi Arabia
Singapore-based POSH Semco has served Makamin Offshore Saudi with court papers in Saudi Arabia in order to recover around SAR…
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Asia
Mercator’s creditors take action to sell bulker
Creditors of Mercator Lines (Singapore) are pushing a court sale of one of the now-bankrupt company’s panamax bulk carriers –…
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Asia
IMC eyes chemical tanker newbuilds
Singapore-based IMC is eyeing up chemical tanker newbuilds. Kenny Rogers, who heads up the Tsao family’s chemical transportation logistics division,…
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Asia
NYK creates logistics tech startup in Singapore
Japanese shipping giant Nippon Yusen Kaisha (NYK) has agreed to team with Weathernews and Kozo Keikaku Engineering to establish a…
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Asia
Sembcorp Marine begins buyout of Gravifloat
Singapore’s Sembcorp Marine has raised its stake in Gravifloat to 56% by purchasing a 44% holding for $38m, and intends…
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Asia
Winning Group: In for the long haul
China’s rapacious demand for raw materials is seeing ever-longer dry bulk journeys crisscrossing the globe. No capesize trip is longer…
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Asia
Transocean delays five jackups at Keppel FELS until 2020
Offshore driller Transocean has reached a mutual agreement with Singapore’s Keppel Offshore & Marine to defer the delivery of five…
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Asia
Coastal Contracts files $5.65m claim against CIMC Raffles Offshore
Coastal Contracts’ subsidiary Thaumas Marine (TM) has filed a statement of claim for $5.65m against Yantai CIMC Raffles Offshore and…
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Asia
Eastern Pacific grabs Japanese cape resale
Eastern Pacific continues to build its capesize fleet, brokers report. The Idan Ofer-led company is linked to the purchase of…
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Americas
Noble Corp jackup damaged in accident at Sembcorp’s Jurong Shipyard
Noble Corporation has announced that newbuild jackup rig, Noble Lloyd Noble, was damaged in an accident at Sembcrop Marine’s Jurong…
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Asia
Swiber gets $100m subsea installation contract in south Asia
Singapore’s Swiber is to provide engineering, procurement, installation and construction (EPIC) services for an unnamed national oil company in south…
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Asia
Law firm apologises for labelling Siva Shipping insolvent
Law firm Rajah & Tann has apologised for suggesting Singapore’s Siva Shipping was insolvent. As originally reported by Splash three…
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Asia
Singapore Exchange bids for the Baltic Exchange
Cementing its place as the world’s most vibrant shipping hub, Singapore has moved to take over one of the industry’s…
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Asia
SBI Offshore jack-up drilling rig contract terminated
A consortium of six “Middle East-Chinese parties” have cancelled the $24m jack-up drilling rig design and engineering contract awarded to…
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Asia
Posh gets work for five vessels in the Middle East
Singapore-based offshore marine services provider PACC Offshore Services Holdings (Posh) has announced new long-term charters for five vessels to Middle…
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Asia
$3m arbitration reward for Glory Wealth
A British High Court judge on Tuesday ruled in favour of Singapore’s Glory Wealth shipping line in an international arbitration…
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Asia
NOL delivers disappointing valedictory full year results
Neptune Orient Lines (NOL), the parent of containerline, APL, delivered its full year results, likely for the last time as…
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Asia
SIVA Shipping denies insolvency reports
Senior management at SIVA Shipping have denied reports carried by Bloomberg and carried in local Singapore media today that is…
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Americas
Police probe Keppel’s Brazilian business connections
Prosecutors in Brazil are investigating possible bribes paid off contracts signed by state-run oil company Petrobras and shipbuilder Sete Brasil…
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Asia
Ezion forms new JV for offshore windfarm projects in China
Singapore’s Ezion Holdings and an unnamed Chinese state-owned enterprise (SOE) have formed a new joint venture, which will charter Ezion’s…
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