One of the best-known figures in Southeast Asian offshore marine sector Venkatraman Sheshashayee (Shesh), is standing down as ceo of Miclyn Express Offshore (MEO).
Singapore is seeking to become a debt restructuring centre alongside New York and London with changes to its Scheme of Arrangement system to make it closer to US Chapter 11 filings.
The Maritime and Port Authority of Singapore (MPA) has been given the powers to block the purchase or disposal of stakes in key designated entities, if the transaction is deemed to undermine the interests of the port.
The world’s first converted FLNG built by Singapore’s Keppel Shipyard for Golar LNG has departed the yard on Sunday, moving to a deepwater anchorage before sailing to West Africa for its first project.
Discounting the short-term impact of major customer CMA CGM moving to Singapore as part of the container industry realignment, Malaysian Transport Minister Liow Tiong Lai believed that with two out of the three major alliances operating in...