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...

Singapore: Two tankers were hit by pirates on March 6 and a bulker was also attacked this morning, all near Singapore, according to an alert by the Information Sharing Centre of Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP). ReCAAP urges all ...

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: PT ASL Shipyard Indonesia is to convert the 22-year-old single hull tanker Federal II vessel into a floating storage and offshore (FSO) vessel for $13.5m.

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: 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. Bibby-USM Shipping will enable both companies to diversify their …

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: Myanmar will let international investors bid for 15 additional offshore oil exploration blocks by the end of next year, a move that comes after the earlier release of 40 blocks that have already been awarded to big international players like Chevron, Shell, Eni, Statoil and Total.