Singapore
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Asia
FSL Trust offloads chemical tanker for $13.8m
Singapore’s First Ship Lease Trust has sold 2006-built chemical tanker FSL Tokyo to an unnamed party for $13.8m. Splash understands the buyer to be India chemical…
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Contributions
The future of port operations
Andy Lane from CTI Consultancy gets a glimpse of new shore-side technology while visiting an exhibition in Singapore. Container handling…
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Asia
Ezra Holdings gets chapter 11 extension
Singapore’s Ezra Holdings has been granted an extension by the United States Bankruptcy Court giving it until February to file a plan of reorganisation. Ezra…
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Asia
Singapore highlights connectivity, innovation and talent as key for its maritime development
Not likely to rest on its laurels anytime soon, Singapore has mapped out its maritime future for the coming decade.…
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Asia
Ultra Deep Solutions takes option to continue DSCV fleet expansion
Singapore-based subsea vessel operator Ultra Deep Solutions has exercised an option at China Merchants Heavy Industries for a dive support…
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Asia
Wilhelmsen Ship Management moves HQ to Singapore
Malaysia-based manager Wilhelmsen Ship Management is relocating its global headquarters to Singapore. The company said the move will take place…
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Asia
Kreuz Subsea awarded five-vessel project off India
Singapore’s Kreuz Subsea has been awarded a contract by India’s Larsen & Toubro (L&T) which will see five vessels mobilised…
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Maritime CEO
Group Nautical: The battle between entrenched attitudes and technology adoption
Bhupesh Gandhi, managing director of brand new Group Nautical, a Singapore maritime tech consultancy, urges readers today in the first…
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Asia
IMC Group orders tanker quartet at GSI
Singapore’s IMC Group has signed shipbuilding contracts with Guangzhou Shipyard International, an affiliate yard of CSSC Offshore & Marine Engineering,…
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Asia
US court papers show Keppel dished out punitive measures to 17 employees for Brazil bribery
Singapore-based Keppel Offshore & Marine has disciplined 17 employees with punishments including dismissals, demotions and big financial penalties, according to…
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Americas
Keppel’s bribe case settlement followed plea deal by former company lawyer, US court papers show
Last week’s $422m court settlement by Singapore-based Keppel Offshore and Marine with the US Department of Justice (DOJ) followed a…
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Europe
Chemical tanker order cancelled at Triyards
Singapore offshore shipbuilder Triyards Holdings has not enjoyed the fruits of a diversification drive, with subsidiary Saigon Offshore Fabrication and…
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Asia
Ultra Deep Solutions completes year-end charter hat-trick
Singapore’s Ultra Deep Solutions has entered into another long-term charter contract, announcing today the fixing of dive support construction vessel…
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Asia
Sembcorp Marine sells West Rigel rig
Sembcorp Marine subsidiary Jurong Shipyard has signed an agreement to sell semi-submersible rig to an undisclosed buyer for $500m. The…
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Americas
Keppel agrees to pay $422m to settle US bribe charges related to Petrobras scandal
The US Department of Justice (DOJ) announced on Friday that Singapore-based shipbuilder Keppel Offshore & Marine and its US subsidiary…
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Asia
HSH Nordbank puts FSL Trust up for sale
As it seeks to find a suitor to take it over Germany’s HSH Nordbank has put the holding company of…
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Asia
Ultra Deep Solutions reveals another long-term charter
Fresh from sealing a five-year charter for newbuild dive support construction vessel Van Gogh, Singapore subsea owner Ultra Deep Solutions…
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Asia
Marco Polo Marine gets approval for Indonesian yard debt restructuring
Singapore’s Marco Polo Marine has received court approval for a debt restructuring of its Indonesian yard PT Marcopolo Shipyard. PT…
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Asia
Kim Heng fixes AHTS trio in East Malaysia
Kim Heng Offshore & Marine has been awarded spot charters in East Malaysia for its three anchor handling tug supply…
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Asia
FSL Trust seeks to extend loan repayment terms
FSL Trust directors have been in negotiations with lenders to extend a $480m loan by a year. FSL still has…
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