Singapore
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Asia
IMC secures Japanese financing for Oshima quartet
The Japan Bank for International Cooperation (JBIC) has signed buyer’s credit agreements worth up to $60m to fund the purchase…
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Americas
Ezra’s EMAS AMC wins project offshore Trinidad and Tobago
Singapore’s Ezra Holdings has announced that subsea division, EMAS AMC, has won a contract with Australia’s BHP Billiton for the…
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Asia
PIL in for its largest boxships
Singapore’s Pacific International Lines (PIL) is back at Yangzijiang Shipbuilding ordering four firm plus four optional container vessels of 11,800…
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Asia
Otto Marine wins new AHTS charters
Otto Marine has announced that subsidiary, Go Marine, has won two long term anchor handling tug supply vessel charter contracts…
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Asia
Singaporean warship stops robbery
The Resilience, a warship belonging to the Singapore Navy, helped foil a pirate attack yesterday in the Singapore Strait. The…
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Asia
Keppel acquires Cameron International’s rig business
Singapore’s Keppel Offshore & Marine, via subsidiary, Keppel Offshore & Marine USA, has reached an agreement with Cameron International Corporation…
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Asia
Chiyoda Corp and Ezra establish subsea JV in billion-dollar deal
Singapore’s Ezra Holdings and Chiyoda Corporation have signed a memorandum of understanding (MOU) that will see the Japanese company buy…
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Asia
Uni-Asia readies to add four more
Uni-Asia Holdings has teamed up with its largest shareholder to buy four more bulkers. Singapore-based Uni-Asia has formed four joint…
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Dry Cargo
Noble steps up legal fight with Iceberg Research
Hong Kong’s Noble Group has taken further legal steps against the people it views are behind its “malicious allegations”, namely…
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Asia
Singapore Shipping Association pushes for lower port dues for hard-pressed OSVs
Admitting that times remain tough for many in the industry, Esben Poulssen, the new president of the Singapore Shipping Association,…
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Asia
28% plunge in Vard’s share price prompts SGX to investigate
OSV builder Vard Holdings has been queried by the Singapore Exchange (SGX) after its share price nosedived 28% today. Vard…
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Europe
Nordic Tankers buys small stainless chemship
Nordic Tankers has purchased a 10-year-old stainless steel chemical tanker from Singapore’s Quantum Pacific Shipping for $21m. The Japan-built Amber…
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Asia
Noble attacks its detractors
Noble Group senior management fought back today at detractors as part of its ‘investor day’ in Singapore. The commodities giant…
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Asia
UASC dismisses interest in buying NOL as rumours
Another containerline has dismissed links to buying out Singapore’s Neptune Orient Lines (NOL). Reports emerged last month that Temasek, Singapore’s…
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Asia
Norstar gets $32m facility to acquire LR1 product tanker pair
Singapore-based Norstar Shipping has secured a $32m senior secured credit facility from New York-headquartered CIT Maritime Finance to acquire two…
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Asia
Singapore transport minister Lui Tuck Yew to step down
Singapore’s transport minister and former chief executive of the Maritime and Port Authority (MPA), Lui Tuck Yew, has shocked the…
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Asia
Keppel grabs FPSO conversion contract
Keppel Offshore & Marine’s subsidiary Keppel Shipyard has secured a Floating Production Storage and Offloading (FPSO) conversion contract as well…
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Asia
Under fire Noble to slash 16% of workforce
Under fire commodity trader Noble Group looked to reassure investors by bringing out its Q2 results a few days early…
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Asia
Bunker supplier linked to OW fraud scandal declared bankrupt
What used to be one of Singapore’s largest bunker suppliers, Tankoil Marine Services, is bankrupt, according to Danish media reports.…
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Americas
Swiber wins $80m pipeline project in Latin America
Singapore offshore service provider Swiber has announced that it has received a letter of intent from an unnamed global energy…
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