Singapore
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Asia
Swiber claims approach $200m
Singapore offshore operator Swiber, which sought judicial management last month having earlier announced its liquidation, has said that further claims…
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Asia
Taxman gives SK Shipping an extra $3.7m bill
South Korea’s National Tax Service has hit SK Shipping and its Singapore-based subsidiary for an extra tax bill worth KRW42bn…
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Asia
Survey highlights huge debts carried by Singapore-listed offshore firms
A survey carried by Singapore’s Business Times shows the precarious financial state of many of Singapore’s offshore listed firms. In…
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Maritime CEO
Miclyn Express Offshore: Top 10 goal
One of the best-known names in Asian OSV circles is today’s Maritime CEO interviewee. Venkatraman Sheshashayee (better known simply as…
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Asia
Baltic shareholders support SGX takeover
Just a rubber stamp approval from the UK’s financial regulator now stands in the way of the Singapore Exchange (SGX)…
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Asia
Sembcorp Marine buys out PPL Shipyard
Singapore’s Sembcorp Marine has signed a sale and purchase agreement to buy the remaining 15% stake it does not already…
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Asia
BW secures FSRU contract from Pakistan GasPort
BW Group has announced that it has signed a 15-year agreement with Pakistan GasPort Limited (PGPL) to provide LNG regasification…
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Asia
Baltic and SGX approve takeover agreement
The Baltic Exchange and the Singapore Exchange (SGX) have finalised the terms of the implementation agreement, with which SGX’s proposed takeover…
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Asia
Swiber claims continue to stack up
Singapore offshore operator Swiber, which sought judicial management last month having earlier announced its liquidation, has said that further claims against…
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Asia
KS Energy secures Indonesian contract
Singapore’s KS Energy has announced that PT Atlantic Oilfield Services, a subsidiary of KS Drilling, has been awarded a drilling…
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Asia
Sembcorp Marine buys Norwegian ship design company
Sembcorp Marine Integrated Yard is to pay $20m to acquire buy LMG Marine, a Norway-headquartered naval architecture firm, which will become…
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Asia
Singapore government tipped to aid struggling offshore sector
The Singapore government may step in to save some of its struggling offshore firms, global auditing firm EY has told…
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Maritime CEO
M3 Marine: Offshore distress asset sales rain in
“We are navigating a storm like we have never seen before and the end is not in sight.” That’s the…
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Asia
Hoe Leong fires back against Otto
Hoe Leong Corp has called Otto Marine’s petition for the company to be wound up an “abuse of process” and…
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Asia
Otto Marine applies to wind up Hoe Leong Corp
Otto Marine has filed an application to wind up Hoe Leong Corp, a distributor of spare parts for heavy equipment…
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Maritime CEO
Noble Chartering: Singapore switch complete
Michael Nagler is now firmly entrenched in Singapore in a big switch for Noble Chartering. Nagler moved his department from…
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Asia
Frigstad Offshore secures CNPC rig contract
Singapore-based Frigstad Offshore has secured a charter contract from Chinese oil major CNPC for its semi-submersible drilling rig Frigstad Shekou.…
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Asia
Otto Marine wins one arbitration and begins another
Otto Marine has successfully defended a multi-million-dollar claim in the Singapore International Arbitration Centre and has commenced another arbitration in London.…
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Asia
SGX calls for greater transparency in wake of Swiber’s demise
In the wake of the shock demise of Swiber Holdings, the chief regulatory officer of the Singapore Exchange (SGX), has…
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Asia
Double boost for Vallianz post-Swiber
Singapore’s Vallianz Holdings has received a double boost as it fights to distance itself from the contagion surrounding the demise…
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