Singapore: Yesterday’s accident at Sembcorp Marine’s Jurong Shipyard, when one of the legs of a jackup rig failed causing the rig to tilt to one side, has shocked Singapore and the local shipbuilding industry....

Hanoi: As the nation struggles with overcapacity Vietnam has said that from January 1 next year all boxships on domestic routes must fly the Vietnamese flag....

Singapore: Keppel FELS Limited has signed a US$1.2 billion contract with Ukraine’s National Joint-Stock Company “Naftogaz of Ukraine” to construct two semisubmersible drilling rigs....

Singapore: Leading ship manager and services company Thome Group has set up a new office in Bangkok, Thailand....

Singapore: Reflecting the region’s rise as an LNG powerhouse Argus Media has launched the industry's first southeast Asian delivered ex-ship (des) price indications, known as the ASEA index, in the Argus LNG Daily report. “The launch reflects the...

Singapore: Portek International has signed an agreement with Papua New Guinea Ports Corporation Limited to collaborate with PNGPCL in the operations of PNGPCL’s two largest container terminals for a five-year period. The largest boxport of Papua N...

Kuala Lumpur: Perisai Petroleum is forking out $89.25m for a 51% stake in charterer Emas Victoria, while spending just RM51 to take a 51% interest in Victoria Production Services. ...

Kuala Lumpur: Eversendai Corporation has spent S$24.69m for an 11.19% stake in Singapore-listed Technics Oil & Gas. Technics is a full service integrator of compression systems and process modules for oil and gas customers. It also operates three yar...

Jakarta: Port operator PT Pelindo II is seeking a presidential decree to hurry up the building of Sorong Port in West Papua. Issues with land acquisition has seen the project slip behind schedule. ...

Singapore: Local news reports are emerging of a major accident at Sembcorp Marine’s Jurong Shipyard where a jackup rig has tilted to one side earlier today....