Singapore
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Ports and Logistics
Jurong Port names new chief executive
Singapore’s Jurong Port, a wholly-owned subsidiary of JTC Corporation, has appointed Terence Seow as its new chief executive officer. Effective…
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Ports and Logistics
Singapore PM opens Tuas Port
PSA Corporation today officially inaugurated Tuas Port along Singapore’s western seaboard, with the first three berths operational at phase one…
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Dry Cargo
Taylor Maritime moves to take full control of Grindrod Shipping
London-listed Taylor Maritime Investments (TMI) is looking to fully take over Singapore-based Grindrod Shipping. The Ed Buttery-led bulker owner has…
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Asia
Noble penalties deemed ‘ridiculous’ by the man who brought the trading group down
Iceberg Research, the outfit led by Arnaud Vagner which brought down Asia’s largest commodities trader four years ago, has blasted…
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Tankers
FSL offloads product tanker
Singapore’s First Ship Lease Trust (FSL) has announced the sale of 2006-built (Hyundai Mipo) product tanker to an unaffiliated third…
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Containers
Tim Hartnoll venture acquires Bengal Tiger Line and Caribbean Feeder Service
Tim Hartnoll-led private equity venture HICO Investment Group has bought Bengal Tiger Line (BTL) as well as acquiring a majority…
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Asia
Singapore fines Noble $9m for one of Asia’s worst accounting scandals
Authorities in Singapore have concluded investigations and issued fines into one of the largest cases of accounting fraud recorded in…
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Tankers
FSL eyes expansion into offshore and renewables sectors
First Ship Lease Trust (FSL) is looking to expand its portfolio with an eye set on renewables and energy-related offshore…
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Shipyards
Quayside collapse kills worker at Keppel Shipyard
A Bangladeshi worker has died after a section of a pier at Singapore’s Keppel Shipyard collapsed on Monday, resulting in…
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Bunkering
Ammonia power plant and bunkering terminal planned for Jurong Port
Singapore’s Jurong Port has partnered up with subsidiaries of Japan’s multinational engineering firm Mitsubishi Heavy Industries and power generation major…
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Offshore
POSH bolsters fleet with Boa construction vessel purchase
PACC Offshore Services Holdings (POSH) is expanding its fleet with the acquisition of a multipurpose offshore construction vessel from Norway’s…
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Bunkering
Singapore project to develop ammonia bunkering vessel
Southeast Asian shipbuilder PaxOcean Engineering has signed a memorandum of understanding (MOU) with Singapore-based bunker vessel operator Hong Lam Marine…
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Shipyards
Keppel lands $2.9bn FPSO contract with Petrobras
Singapore’s Keppel Offshore & Marine, through its subsidiary Keppel Shipyard, has been awarded a $2.9bn contract by Brazil’s state-owned oil…
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Containers
Maersk signs long-term transport deal with Singaporean furniture retailer
Singaporean furniture retailer Castlery and Danish carrier Maersk today announced a multi-year global integrated logistics and fulfilment partnership. The partnership…
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Offshore
Jadestone shuts in Australian oilfield for FPSO repairs
Singapore-headquartered Jadestone Energy has temporarily shut in production from the Montara oilfield offshore Australia to complete repairs to a crude…
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Renewables
Keppel buys into German offshore wind farm
Singapore’s Keppel Corporation and Keppel Infrastructure Trust (KIT) are buying a 25% stake in the Borkum Riffgrund 2 offshore wind…
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Tankers
SBI Leasing and MOL agree charter deal for chemical tanker pair
SBI Leasing has sealed a bareboat charter deal for two chemical tankers with MOL Chemical Tankers, a Singapore-based unit of…
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Operations
Singapore authorities arrest 10 men for illegal MGO transaction
Ten men have been arrested in Singapore for their suspected involvement in an illegal transaction of marine gas oil (MGO).…
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Shipyards
Keppel axes three contracts
Singapore’s Keppel Corporation has terminated three contracts with different clients worth over $585m. The $500m contract signed in 2014 with…
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Asia
Quah Ley Hoon to step down at Singapore’s MPA
Quah Ley Hoon will be stepping down as chief executive of the Maritime and Port Authority of Singapore (MPA) next month…
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