Singapore
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Asia
Winning fleet expansion continues
The aggressive Chinese outfit Winning has again snapped up another aging cape. The new purchase brings its secondhand purchases to…
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Asia
Smart shipping needs smarter regulation
The era of ‘smart shipping’ needs much smarter regulation, supported by greater engagement from the industry to lobby for a…
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Asia
Ezra Holdings announces $300m in new contracts
Singapore’s Ezra Holdings has won awards for several new deepwater projects from international oil majors valued at a total of…
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Asia
CMA CGM and PSA confirm container terminal joint venture
CMA CGM and PSA Singapore Terminals have announced the formation of a joint venture company CMA CGM-PSA Lion Terminal to operate…
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Asia
Sartini takes charge at NOL
As anticipated, Nicolas Sartini has been named CEO of Neptune Orient Lines (NOL) now that CMA CGM has taken majority…
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Americas
Court papers allege Singapore firms paid over $9.5m in bribes for Petrobras contracts
Prominent Singapore companies Keppel and Sembcorp Marine are accused in US court documents of paying specific amounts in the Petrobras…
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Asia
Pacific Radiance sues Chinese shipyards
Pacific Radiance is suing Shanghai Waigaoqiao Shipbuilding & Offshore and China Shipbuilding Trading (Shanghai) over the construction contracts for two…
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Asia
NYK buys major stake in EMAS Chiyoda Subsea
Japanese shipowner Nippon Yusen Kabushiki Kaisha (NYK) has made a stunning move into the offshore sector after agreeing to purchase…
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Asia
CMA CGM takes control of NOL, shuffles the board
CMA CGM has taken majority control of Singapore’s Neptune Orient Lines (NOL, parent of boxline APL. NOL’s majority shareholders –…
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Asia
Atlantic Navigation orders seven newbuilds to support Middle East charter deal
Singapore-listed Atlantic Navigation has place orders with a Chinese shipyard for seven newbuild offshore vessels to support five-year charters it…
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Asia
Otto Marine bags Indonesian product tanker order
Singapore’s Otto Marine, currently the subject of a takeover bid from controlling shareholder Yaw Chee Siew, has secured a shipbuilding…
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Asia
‘Slow and reluctant to change’: Departing NOL boss admits mistakes
High costs, the wrong business model, too small ships – these were all listed by the chief executive of Singapore’s…
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Asia
Otto Marine plans to delist from the Singapore Exchange
Otto Marine plans to voluntarily delist from the Singapore Exchange after receiving a takeover offer from a company owned by…
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Asia
ICBC sets up ship finance centre in Singapore
Chinese bank ICBC has announced that it will set up its Asia-Pacific Shipping Finance Centre in Singapore. The finance centre…
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Asia
North Atlantic Drilling and Sembcorp Marine extend semi-sub standstill agreement
Seadrill’s North Atlantic Drilling has extended a standstill agreement with Singapore’s Sembcorp Marine for semi-submersible drilling rig , delaying delivery…
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Asia
Otto Marine takeover offer submitted
Singapore’s Otto Marine, an offshore yard and vessel operator, has confirmed that it has received a takeover offer via financial…
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Asia
Swiber secures $215m worth of contracts
Swiber Holdings has announced that it has secures three new contracts for projects in the Middle East and Southeast Asia…
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Asia
CMA CGM moves to buy up all outstanding NOL shares
French containerline CMA CGM today finally made its all-cash voluntary conditional general offer for all the outstanding shares of Neptune…
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Asia
Otto Marine buy-out is down to the wire
Only a few more hours remain for the unidentified buyer considering acquiring Singapore’s Otto Marine to submit a formal proposal…
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Asia
Esben Poulsson elected ICS chairman
Arguably the man in shipping with the most amount of business cards to his name will need to get some…
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