News:Asia

Asia

The stars it seems are aligned - and depending on your point of view - 2017 is going to be the year of the dry bulk recovery or instead a…
Chairman of the International Chamber of Shipping Esben Poulsson has called on the IMO to move quickly and decisively in providing more clarity on the shipping sector’s CO2 reduction goals.
Cosco Corporation (Singapore) Limited remained in the red in 2016 on the back of continuing weakness in the shipping and shipbuilding markets.
Malaysia’s Sealink International has been hit by a deeper loss in 2016 as the group took on impairment charges as a result of the sluggish offshore market.
With a brilliant view of the eastern approach to Victoria Harbour and an eye to future growth, Ince & Co Hong Kong officially opened their new office in One Island…
The crew of the Indian-owned vessel Malaviya 20 abandoned in Great Yarmouth, UK, in June last year have been paid and have finally headed home according to the International Transport…
First Ship Lease Trust (FSL Trust) has sank into the red for 2016 as the shipping trust took a $44.14m impairment loss on eight ships.
Two former executives from Vinashin Ocean Shipping (Vinashinlines) have been sentenced to death for corruption, while a third has been imprisoned for life.
A 1993-built Singapore-flagged VLCC Varada Blessing has been sold at a price of RMB81m ($11.8m) after it was auctioned on Taobao, China’s largest online shopping website, reports said.
Malaysian oil and gas services player SapuraKencana Petroleum  (SapKencana) has raised approximately $1.5bn through a seven-year multi-currency financing facility, it said in a press release.
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