Singapore
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Asia
CMA CGM completes acquisition of NOL
CMA CGM’s voluntary unconditional general offer to buy Neptune Orient Lines (NOL) has closed today. The French carrier now owns…
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Asia
Nobu Su’s RBS litigation gathers pace
Nobu Su, chairman of Today Makes Tomorrow (TMT), has successfully served Fred Goodwin, former chief executive of UK bank RBS,…
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Asia
Elektrans: ‘Timely S&P asset management remains a core strategy’
Watch out for India’s Elektrans Group as it makes plenty of moves in the tanker sector in the coming couple…
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Asia
Ezion and PIL form offshore joint venture
Ezion Investments, part of Singapore’s Ezion Holdings, has formed an offshore services joint venture (JV) with Pacific International Offshore (PIO).…
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Asia
Banks take Triyards as collateral from Ezra
Banks are taking a majority share in Singapore’s offshore fabricator Triyards as collateral. Local offshore firm and controlling shareholder in…
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Asia
PIL adds to bulker fleet with MOL capesize acquisition
Pacific International Lines (PIL), controlled by the Teo family, has dipped into the dry bulk sector to take advantage of…
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Asia
Swiber seeks legal advice as share sale stalls
Singapore-listed offshore engineering company Swiber Holdings is seeking legal advice after it revealed today that British firm AMTC Ltd has…
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Asia
Swiber faces $4.76m in claims
Singapore’s Swiber Holdings is facing outstanding letters of demand for a combined $4.76m from unidentified claimants. The Singapore-listed group is…
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Asia
Keppel secures new marine projects
Keppel Offshore & Marine has announced that its subsidiary yard Keppel Shipyard has secured four contracts worth a total of…
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Asia
Keppel and Shell form LNG bunkering joint venture in Singapore
A 50:50 joint-venture (JV) company has been formed between subsidiaries of Keppel Offshore & Marine and Royal Dutch Shell that…
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Americas
Seacor Marine takes 11 Pacific Richfield AHTS vessels
Seacor Marine has bought 11 AHTS vessels from Singapore’s Pacific Richfield, according to brokers Fearnley Offshore Supply. Pacific Richfield put…
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Asia
EMAS Offshore sells shares in PV Keez FPSO
EMAS Offshore Production Service (Vietnam) (EOPS), a fully owned subsidiary of EMAS, and Ezra Holdings Limited, the holding company of…
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Asia
Brightoil terminates ten vessel acquisition
Brightoil has announced that its Singapore subsidiary has decided to terminate the acquisition of ten bunker barges. The subsidiary entered…
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Asia
SinoTrans & CSC named as Ezion’s partner in Chinese windfarm JV
SinoTrans & CSC Holdings has been named as the other partner in Ezion Holdings’ joint venture Sinomarine & Teras (Tianjin)…
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Asia
Singapore Exchange extends negotiations for Baltic Exchange takeover
The period of exclusive discussions between the Singapore Exchange (SGX) and the Baltic Exchange has been extended by a further…
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Asia
CMA CGM ready to delist NOL
CMA CGM has crossed the 90% ownership threshold in Singapore’s Neptune Orient Lines (NOL), the parent of boxline APL. Following…
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Asia
Pacific Carriers offloads handymax
Robert Kuok-controlled Pacific Carriers has sold an eight-year-old handymax for $8.7m. The Japanese built Ikan Sudip has been snapped up…
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Asia
Navig8 Chemical Tankers gets $55m loan for newbuildings
Navig8 Chemical Tankers has received a $55m secured loan from Credit Suisse that will help finance two of its chemical tanker…
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Asia
Singaporean hotelier revealed as major MMA shareholder
A Singaporean hotelier has been revealed as a majority shareholder in MMA, the offshore services company formerly known as Mermaid Marine Australia.…
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Asia
PSA buys fleet of automated guided vehicles
Singapore is moving ahead with developing a futuristic port. Terminal operator PSA Singapore has bought 22 new automated guided vehicles…
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