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Tanjung Offshore and Bourbon join forces
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....
MEO warns on overcapacity creeping into PSV sector
Singapore: A leading name in the local OSV scene has warned of some overcapacity coming into certain segments of the sector. Speaking with our sister title, Maritime CEO, Adam Clayton, the corporate finance and group commercial head for Miclyn Expres...
Pavilion Energy inks LNG supply deal with Total
Singapore: Pavilion Gas, a subsidiary of Singapore’s Pavilion Energy has signed a 10-year LNG deal with French oil giant Total.
Under the agreement, Total will supply 0.7m tonnes of LNG per year to Pavilion Gas from 2018.
"This long term sales ...
ES Group wins jack-up hull work
Singapore: SGX Catalist-listed ES Group’s wholly-owned subsidiary, ES Offshore Engineering was awarded repeat orders for jack-up drilling rig blocks worth approximately S$17m from a major shipyard in Singapore.
ES Group, which builds, converts a...
Mermaid Marine completes Jaya takeover
Singapore: Mermaid Marine Australia (MMA) informed the Australian Securities Exchange (ASX) yesterday that it has completed the acquisition of all subsidiaries of Singapore-based offshore services provider Jaya Holdings.
MMA will add 27 offshore v...
Wintermar to issue new shares
Jakarta: Wintermar Offshore Marine, an Indonesian offshore service provider, is planning to raise about IDR307bn for fleet expansion through issuing 340m new shares.
Wintermar said the offshore sector is supported by a combination of high explorat...
Myanmar getting to grips with updated maritime laws
Singapore: For the last year Singapore lawyer Jude Benny has been working with the government of Myanmar to help the country modernise its maritime laws. Speaking with our sister site Maritime CEO, the well known lawyer described progress to date in ...
Manila increasingly shipping’s BPO hub
Athens: The Philippines is growing as shipping’s back office hub, says the president of the nation’s top crewing provider.
Marlon Rono, president of Magsaysay Maritime Corporation, spoke with our sister title, Maritime CEO, while attending thi...
Vietnamese carriers affected by tensions with China
Hanoi: Vietnam shipping firms have become more cautious about navigating in the disputed East Sea area, said a high ranking official from Vietnam’s largest state-owned shipping line, Vinalines.
Vietnam calls the waters to its east the East Sea, ...
Thai tanker attack prompts security advisory
Portsmouth: The latest report of a tanker hijack in Southeast Asia has prompted the UK’s maritime operations firm Dryad Maritime to issue an advisory to its shipping clients, on the basis that the crime follows a pattern, which has seen up to six s...
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