Kuala Lumpur: There’s been plenty of trading of shares in Tanjung Offshore Bhd today in Kuala Lumpur after the company announced its proposed acquisition of marine offshore business from Singaporean ...

Kuala Lumpur: Malaysia’s UMW Oil & Gas has inked a $20m rig contract with Frontier Oil Corp, which will use the former's UMW Naga 7 jack-up rig for its drilling operations in Calauit field, the ...

Hanoi: Vietcombank has sold off the $19m debt of Vietnam National Shipping Lines (Vinalines) to Vietnam Debt and Asset Trading Corporation (DATC). Vinalines borrowed the loan from Vietcombank for a ...

Kuala Lumpur: Authorities in Malaysia continue to comb through the rough seas off Lahad Datu on the east coast of Sabah in the seemingly increasingly vain attempt to find and rescue six crewmembers of ...

Hanoi: A Taiwanese steel mill is seeking permission from Hanoi to establish a wholly owned shipping fleet in Vietnam. Formosa Iron and Steel has invested in two huge blast furnaces and will soon be ...

Dubai’s Marine Assets Corporation (MAC) will own and provide the marine management of the vessel. The vessel will be chartered to Nautilus for a minimum period of five years at a rate of US$199,910 ...

Singapore: Philippine national Gerardo Borromeo has been elected as president of InterManager for a second term and will serve as head of the global third party and in-house ship managers association ...

The Meteorology, Climatology and Geophysics Agency (BMKG) recorded 170 hot spots in South Sumatra on Monday, which was the highest number in Sumatra. Dense haze from forest fires in the province has ...

Singapore: Bibby Ship Management and Singapore-based United Ship Management have formed Bibby-USM Shipping, a joint venture (JV) that will target the Chinese shipping market.

Calls to cut income tax have been made, while also demanding that crews be provided food onboard free of charge; currently they have to contribute 30% of the food bill. Also, to bring the nation’s ...

Singapore: Three incidents of robbery were reported onboard two bulk carriers and a barge yesterday and today, all in the same area, according to a release from the ReCAAP Information Sharing Centre.

The program—comprised of a monthly carrier scorecard, the INTTRA Insights Platform for Visibility, and INTTRA Ocean IQ professional service engagements—was created in conjunction with ocean carriers ...