News:Asia

Asia

DHT Holdings, Inc. has splashed out approximately $538m to buy BW Group’s entire fleet of 11 VLCCs, including two newbiuldings due for delivery in 2018.
South Korea’s government has on Thursday unveiled a KRW2.9trn rescue package for cash-strapped Daewoo Shipbuilding & Marine Engineering (DSME).
Capital Link’s 2017 Shipping Conference, now in its 11th year, drew a standing-room only crowd, with financial industry participants greatly outnumbering shipping people.
Signalling its shift in focus to maritime, Silk Holdings said it plans to use over half of the proceeds from the divestment of its highway concession holding unit Sistem Lingkaran-Lebuhraya…
Germany’s Oldendorff Carriers is converting an 11-year-old bulker into a transloader at China’s Chengxi Shipyard for transhipment operations in the Arabian Gulf.
Alam Maritim Resources has won a MYR99m ($22.3m) two-year subsea inspection, maintenance and repair (IMR) services contract.
China’s Tianjin Port Development Holdings has improved its annual net profit on the back of increased container and cargo volumes handled at Tianjin port.
The Ship Registry of Liberia (LISCR) announced it has passed the historic milestone of 150m gross tonnes (gt), confirming its position as the second largest ship registry in the world,…
China Oilfield Services Limited (COSL) has reported a loss of RMB11.46bn ($1.66bn) in 2016 due mainly to huge impairments of approximately RMB7bn on the back of the weak offshore oilfield…
With less than three years away from the IMO Marpol Annex VI global 0.5% fuel sulphur rule, shipowners and operators are increasingly pressed for time to decide on which option…
Page 1 of 1645