May 23rd, 20190One of Vietnams fastest growing private owners, Haiphong-headquartered HTK Shipping, is linked to its first ship purchase of the year. The active buyer is revealed as the taker of the 2007-built, 37,000 dwt handysize bulker, , a ship first reported sold last week by Japanese owner Tokei Kaiun to Vietnamese interests for a price of...
April 24th, 20190Vietnam’s fastest growing owner and biggest handy specialist, Haiphong- based Tan Binh, continues to add ships, adding a third handysize bulker so far this year. Broker sources tell Splash that the outfit has added the 15-year-old, 28,000 dwt Japanese-built for just under $6m. The owner has timed the market well, adding most of...
April 9th, 20190Four former executives of state-run Vietnam Shipbuilding Industry Group (Vinashin), now Shipbuilding Industry Corporation (SBIC), have been charged by Vietnam's Supreme People’s Court for corruption activities. The accused four are Nguyen Ngoc Su former chairman of Vinashin's members' council, former general director Truong Van...
April 3rd, 20191One of Asia’s fastest growing handy specialists, Haiphong- based Tan Binh continues to add ships, taking two more secondhand ships so far this year. Brokers report that the Vietnamese handysize bulker player has snapped up the 33,700 dwt bulker (built 2006) from Japan’s Katayama Kisen for $8.4m. Four weeks ago Tan Binh was linked...
March 29th, 20190Japan Drilling Company has been awarded a drilling services contract for jackup rig on a subcontract with PetroVietnam. The contract, is scheduled to commence in October 2019, is for five firm wells with an additional one-well option. Estimated duration of the five wells is around 300 days. The rig will be operating offshore Vung...
March 5th, 20190Tan Binh continues to snap up Japanese-built handysize bulkers, with brokers naming it as the buyer of 2004-built Shin Kochi handysize bulker . Allied Shipbrokers say the Vietnamese company has paid $5.9m for the vessel, acquired from Ulises of Greece. The price is lower than the VesselsValue indicated value of $6.77m and MSI...
February 4th, 20190A fire on the 9,200 teu off Vietnam has yet to be contained four days after it erupted. The ship was en route from Shenzhen to Singapore when the fire broke out early in the morning of January 31 near the accommodation block, the latest in a series of blazes originating from containers in transit around the world in recent...
January 31st, 20190Saipem’s XsightSIGHT division has been awarded a new onshore-offshore contract for the Ca Voi Xanh (Blue Whale) project by ExxonMobil Exploration and Production Vietnam Limited (EMEPVL) and its joint venture partners PetroVietnam and PetroVietnam Exploration Production Corporation. The Italian contractor will provide front end...
January 14th, 20190Rescuers boarded the product tanker after the fire onboard the vessel was completely put out in a bid to find missing crew. The Vietnam-flagged vessel suffered a massive series of explosions onboard last Tuesday while bunkering, resulting in the death of one crewmember. The rescue team sent divers into the ship over the weekend...
December 19th, 20180Northern Vietnam is getting its first direct container link with the US. THE Alliance has unveiled its service offerings for next year. Among key changes, the revised PN2 service will call at Haiphong International Container Terminal (HICT), a facility partially owned by alliance member Mitsui OSK Lines (MOL). The service calls across...
