SeaShipNews is the leading site covering maritime and offshore developments across Southeast Asia.With correspondents in Singapore, Manila, Bangkok, Ho Chi Minh City, Kuala Lumpur and Jakarta SeaShipNews is the best placed media source to …

Kuala Lumpur: There’s been plenty of trading of shares in Tanjung Offshore Bhd today in Kuala Lumpur after the company announced its proposed acquisition of marine offshore business from Singaporean businessmen Farid Khan Kaim Khan, Bourbon Far East Pte Ltd and several Indonesian oil and gas players....

Private equity and hedge funds are gambling on ship values and not the long-term revenue streams from operations, says Paul Slater...

Hanoi: One of the world’s most successful shipbuilders is close to buying into a Vietnamese shipyard. Samsung Heavy Industries from South Korea has won approval from Hanoi to buy up to 50% of a shipbuilding subsidiary by Shipbuilding Industry Co, formerly Vinashin, in …

Apr 23, 2014 · Kuala Lumpur: Armed pirates raided a Japanese oil tanker in the Strait of Malacca, abducting three Indonesian crew members and stealing some of the vessel's shipment of diesel fuel, the International Maritime Bureau said today. The attack occurred early Tuesday off Malaysia's west coast, said Noel ...

Singapore: Bibby Ship Management and Singapore-based United Ship Management have formed Bibby-USM Shipping, a joint venture (JV) that will target the Chinese shipping market.

Manila: Shippers have one week to shift their overstaying boxes at terminals in Manila, according to the latest edict from the Philippine Ports Authority (PPA). PPA general manager Juan Sta. Ana said boxes after September 8 would be shipped immediately to the …

Singapore: Offshore operator Ezion Holdings has agreed with AusGroup to sell subsidiaries Ezion Offshore Logistics Hub and its 90% stake in Teras Australia for S$55m. Ezion Offshore Logistics Hub operates a port and a marine supply base while Teras provides ship …

Singapore: Thoresen Shipping Singapore, a wholly owned subsidiary of Thoresen Thai Agency Agencies, has announced its latest acquisition - a seven-and-a-half-year old Japanese built supramax dry bulk vessel. The acquisition of M.V. Thor Magnhild marks the operator’s twelfth supramax vessel and ...

Bangkok: A bill imposing civil liabilities on shipowners who cause oil spills and damage the marine ecology was passed by the National Legislative Assembly (NLA) on Thursday. The bill also requires both Thai and international ships with a freight capacity of …