Vietnam
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Asia
Two in, two out for Vietnam’s Prime Shipping
Vietnam’s Prime Shipping Corporation, one of few Southeast Asian owners still active both selling and buying ships, has let go…
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Asia
Handy specialist Tan Binh in for another
Brokers link Tan Binh Shipping to the purchase of the Japanese-controlled, 32,000 dwt , its second handy acquisition of the…
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Asia
Tanker hijackers extradited to Malaysia
Eight Indonesians suspected of hijacking the Malaysian product tanker have been extradited to Malaysia by a court in Vietnam, reports…
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Asia
Vietnam’s Prime Shipping in for Dong-A chemical tanker
Vietnam’s Prime Shipping Corporation is beefing up its fleet. The Southeast Asian tanker owner has bought the 12-year-old product tanker,…
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Asia
Vietnamese owner scores $2.2m profit from quick bulker turnaround
The Vietnamese are getting more adept at shipping asset plays. Tan Binh Shipping, which took the 10-year-old, 33,000 dwt Angel…
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Asia
Taiwan owner ditches crew in Vietnam
Kaohsiung-headquartered Jumbo Sino Development of Taiwan is the latest shipowner to be publically shamed for abandoning its crews amid the…
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Asia
Vietnam to target shipbuilding in latest national economic plan
Shipbuilding has been identified by Hanoi as a key industry to develop under a new economic plan likely to be…
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Asia
Team Tankers offloads small chemical carrier
Brokers are reporting Team Tankers has sold a 2007-built chemical tanker to Vietnamese maritime conglomerate Aulac. Different brokers have different…
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Asia
Vietnamese owner pockets $1m profit from quick handy sale
In a rare example of a Vietnamese owner performing an asset play, Haiphong-based Viet Long JSC has pocketed a tidy…
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Asia
Product tanker explodes in Vietnam dry dock
Six workers were badly burnt during an explosion onboard a product tanker at a dry dock in Hai Phong, Vietnam…
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Asia
Struggling Hanjin Shipping offloading stake in Vietnamese terminal
Financially troubled Hanjin Shipping is selling its stake in Tan Cang Cai Mep International Terminal (TCIT) in southern Vietnam. The…
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Asia
Former Vinashin senior officials face criminal charges
Vietnam’s Ministry of Public Security has proposed criminal charges against three former officials of Vinashin Ocean Shipping, an affiliate company…
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Asia
Toshin Kisen sale fails
The sale of the Japanese controlled 2006-built handy , which had been mooted as completed over the weekend for $5.5m,…
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Asia
Vinalines seeks to offload older tonnage
Embattled state-run Vinalines has asked the ministry of transport for permission to sell another six ships to help right its…
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Asia
Pharung Shipyard grabs more chemical tankers
Korean firm BS Shipping has ordered two 6,500 dwt IMO-II chemical tankers at Vietnam’s Pharung Shipyard. The vessels will deliver…
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Asia
Tan Binh snaps up one more
One of the biggest takers of 2000-built Japanese handies in 2015 is back picking up more ships on the cheap.…
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Asia
Y-Entec in for chemical tanker
South Korean diverse construction conglomerate Y-Entec has headed to Vietnam for a small chemical tanker. The Seoul-listed entity has chosen…
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Asia
Van Phong port complex restarts construction
A long-stalled port project in central Vietnam is set to reopen. Nha Trang Port JSC will build two terminals in…
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Asia
Vinalines to offload 13 ships this year
State-run Vietnam National Shipping Lines (Vinalines) has earmarked 13 ships, totalling 400,000 dwt, for disposal this year. The company said…
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Asia
International jack-up drillers elbowed out of Southeast Asia
International jack-up drillers have been warned Southeast Asia has become a no-go zone as the market faces inward during the…
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