Singapore: Vallianz Holdings has announced that is will be acquiring a 49% stake in Indonesia offshore vessel operator PT Swiber Berjaya for $17.5m. Vallianz is buying the stake from Swiber Holdings ...

Singapore: One of the best-known names in ship finance has become the chairman of Singapore’s Executive Ship Management (ESM). Dagfinn Lunde, the former ship finance head at DVB, told SeaShip News ESM ...

Singapore: Aztech Group has acquired a 100% stake in Glenn Marine Logistics Base, for S$11m. Glenn Marine, which is involved in the repair of ships, vessels, and tugs as well as marine logistic ...

Kuala Lumpur: ExxonMobil subsidiary, ExxonMobil Exploration and Production Malaysia Inc, has started operations at Malaysia's first large-scale enhanced oil recovery (EOR) project at Tapis. "This ...

Singapore: Three incidents of robbery were reported onboard two bulk carriers and a barge yesterday and today, all in the same area, according to a release from the ReCAAP Information Sharing Centre.

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: 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 ...

Singapore: Criminal charges have been filed against a Singapore-registered company implicated in a shipment of arms last year bound for North Korea, a nation that has sanctions in place. Tan Hui Tin, ...

Kuala Lumpur: SapuraKencana Energy (SKE) has announced that its unit SapuraKencana Petroleum has made four significant gas discoveries in the SK408 Production Sharing Contract (PSC) area offshore ...

Kuala Lumpur: Tanjung Offshore, which exited the marine business in 2012, is eyeing a return to the sector. Currently Tangjung Offshore mainly offers engineering packages, product services and ...

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 ...