Hanoi: Petrovietnam Exploration Production Corporation (PVEP), a wholly-owned subsidiary of Petrovietnam, has signed a Memorandum of Understanding (MOU) with India's Oil and Natural Gas Corporation ...

Singapore: US grain giant Archer Daniels Midland is changing its operations in Asia in a big way. “As populations and incomes across Asia continue to rise, diets are evolving. With that shift comes an ...

Singapore: Falcon Energy's subsidiary Energian today purchased another 0.008% stake in CH Offshore (CHO), the offshore company that has so far rebuffed Falcon's buyout offer. The 56,600 shares were ...

Singapore: Pacific Radiance’s new offshore support vessel (OSV) has won a five-year contract worth more than $70m with a repeat client. The OSV will be mobilised to southeast Asia under the contract, ...

Kuala Lumpur: Low oil prices have forced Malaysia-listed Tanjung Offshore to cancel its plans to take over Bourbon Far East, part of France-based Bourbon Offshore. The two offshore and subsea support ...

Hanoi: The government has stressed to local ports that fees are already too low and the ports should not feel pressurised by shipping lines to lower their charges further. Vietnam’s ports are already ...

Bangkok: Following the Thai oil tanker MT Orapin 4 which was hijacked by pirates last month, the third attack on Thai ships since April, Thai shipowners have called for weapoms on cargo ships. Phumin ...

Asia Shipping Media (ASM) is the region's top maritime publisher. Drawing upon a network of unparalleled writers and marketing professionals ASM's aim is to be the global platform for Asian shipping.

Tokyo: In a rare retrenchment of business out of Singapore back home to Japan, NYK is changing tack on its container stowage plans. NYK and Kozo Keikaku Engineering have established a stowage planning ...

Asia Shipping Media (ASM) is the region's top maritime publisher. Drawing upon a network of unparalleled writers and marketing professionals ASM's aim is to be the global platform for Asian shipping.

Japan: MOL Logistics, part of major Japanese shipping line, Mitsui OSK Lines, has formed PT MOL Logistics Warehouse, a wholly owned subsidiary, in Jakarta. “The company will… apply the dedicated ...

Singapore: Canadian marine surveying organisation Bunker Detectives has formed a subsidiary in Singapore. "Establishing this office in the world's busiest bunkering port has been a really important ...