South & Central Asia
Swissco liquidates Scott and English Energy
Scott and English Energy (S&E), a subsidiary of Singapore’s bankrupt marine service provider Swissco Holdings, has been placed under provisional liquidation. The judicial managers of Swissco Holdings informed on Monday that on August 10 the board of directors of Scott and English Energy made a statu
SeaIntel: Niche Carriers Offer Better Rewards, but with Higher Risks
Niche carriers have both outperformed and vastly underperformed the top 16 carriers, with a high degree of volatility in schedule reliability, according to SeaIntel Maritime Analysis. “If on-time performance is a priority, niche carriers offer better rewards, but with higher risks.” The top 16 carri
Boskalis Buys Gardline Group
Royal Boskalis Westminster N.V. has acquired all shares of the UK-based Gardline Group.
Boskalis Buys Gardline Group
Royal Boskalis Westminster N.V. has acquired all shares of the UK-based Gardline Group.
Drewry: Container Trade Outlook Rises with More Volumes
World container trade appears to be back on track after two lean years, right on time for carriers that are taking delivery of big new ships, according to shipping consultancy Drewry. The recovery resulted in an upgrade to Drewry’s annual outlook for 2017, while more recent data suggests that the ou
Cambodian Government, JICA Ink Sihanoukville Port Deal
The Japan International Cooperation Agency (JICA) signed a loan agreement with the Cambodian Government last week for providing a Japanese ODA loan of up to 23.502 billion yen ($212 million) for the Sihanoukville Port New Container Terminal Development Project. The project will develop a new contain
SBSS Secures Two New Contracts
S.B. Submarine Systems (SBSS), a subsea cable installation joint venture between China Comservice and Global Marine Systems, said it has signed two contracts last week: the Hainan OBS Phase 3 project, and the Wando-Jinsan project with Haechun. OBS is a subsea observation cable system in Chinese wate
SITC Orders Four More Boxships in Korea
SITC Shipowning, a subsidiary of SITC International Holdings, has placed an order for four more containerships at South Korea’s shipbuilder Dae Sun. The company informed that it decided to exercise options for the construction of two container vessels, which were a part of an earlier placed vessel o
MPA Singapore Revokes Panoil’s Bunker Craft Operator Licence
Bunkering company Panoil Petroleum will no longer be allowed to work as a bunker craft operator in the Port of Singapore after the Maritime and Port Authority of Singapore (MPA) revoked its licence. The decision, which takes effect from August 14, 2017, comes on the back of MPA’s checks conducted on
OEEC welcomes DMEC Marine Energy Pavilion
One of today’s biggest societal challenges is the transition towards a 100 per cent renewable energy supply globally. Marine energy could play a vital role in achieving this ambitious goal. This is showcased during the Offshore Energy Exhibition & Conference 2017 at the DMEC Marine Energy Pavilion a
KrisEnergy set to sign petroleum deal for block off Cambodia
Singapore-based oil and gas company KrisEnergy is set to sign a petroleum agreement with the government of Cambodia for offshore Block A later this month. In its report for the second quarter and first half of the year on Monday, KrisEnergy said that the government of Cambodia has approved the signi
Duo in tie-up to support Malaysian oil & gas companies
eDrilling, a Norwegian provider of drilling and well performance solutions, and Salcon Petroleum Services (SPS), a Malaysian service provider and agent for representing overseas O&G companies, are partnering to service and support the upstream oil and gas companies in Malaysia. eDrilling, owned by T