Singapore: Malaysia-based Nam Cheong has sold two accommodation work barges worth $59m to Perdana Petroleum.

Marcus Hand visits Seoul and Busan in South Korea and finds that while North Korea’s sabre rattling may have dominated the headlines in the news media, for the shipping and maritime executives the concerns of the global industry in these tough economic times topped the agenda.

Shanghai: Germany-based shipowner Peter Döhle has penned a deal to build up to five 38,800 dwt dry bulk carriers with China-based Jiangsu Hantong Ship Heavy Industry.

Chittagong: Bangladesh-based Western Marine Shipyard inked a deal to build two new small container vessels for Neepa Paribahan and Mir & Islam Enterprise.

Hong Kong: Hong Kong-based Wah Kwong Maritime Transport has booked eight 64,000 dwt dry bulk carriers at China-based Chengxi Shipyard.

Singapore: Arab Shipbuilding & Repair Yard Co (ASRY) (Stand A12) is using Sea Asia to reveal the key to its growth in a challenging market.

Singapore: Chinese shipyards building offshore support vessels (OSVs) are narrowing the gap to European and Southeast Asian shipbuilders as their quality has improved over the years, according to Venkatraman Sheshashayee, ceo of Jaya Holdings.

Singapore: Leading marine solution and service provider Wärtsilä  has been awarded a major contract to design a series of four multi-purpose platform support vessels (MPSVs) for Armada Offshore MPSV.

Santiago: Compañía Sud Americana de Vapores S.A. (CSAV) today announced a $570m investment plan, ordering seven new containerships and prepaying a debt facility of $258m, at a significant discount.


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