Singapore: Pacific Radiance has entered into a 50:50 joint venture with Daiho Energy Services to co-own the share capital of SDM Marine. The principal activity of SDM is in the owning, chartering and ...

Singapore: Singapore’s top shipping line, Neptune Orient Lines (NOL), suffered the ignominy yesterday of announcing it has ...

Manila: In a brief pullback, authorities in Manila have allowed trucks to resume trips down Roxas Boulevard, one of the capital’s main thoroughfares. However, the respite will only last a few days.

Manila: Moves are afoot for the Philippines to follow Indonesia’s lead and ban mineral ore exports. The environment secretary ...

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 ...

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.

Manila: Harbor Star Shipping Services, a Philippine provider of harbour assistance, lighterage, salvage and towing services, is expanding overseas beginning with a bid to serve two ports in Johor, ...

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 ...

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.

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 ...

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: Hallin Marine, which was closed down last week by parent company Superior Energy Services, is close to reaching an agreement with DDW-PaxOcean over the cancellation of multi-service vessel ...