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 ...

Singapore: Singapore-based Neptune Orient Lines (NOL) may sell its logistics business to CJ Korea Express, South Korea’s biggest courier delivery company, in an effort to improve its finances. CJ ...

Jakarta: A palm oil carrier that was last month hijacked and stolen has been found in Thailand with its cargo intact. Eight perpetrators onboard the vessel were also apprehended by Thai authorities.

Kuala Lumpur: Malaysia’s UMW Oil & Gas has inked a $20m rig contract with Frontier Oil Corp, which will use the former's UMW Naga 7 jack-up rig for its drilling operations in Calauit field, the ...

Bangkok: Precious Shipping has outlined its mid-term business plans in a note to the Bangkok bourse. While revealing its annual results, where it suffered a 2014 loss of $2.5m, Precious detailed what ...

Singapore: Singapore-headquartered Miclyn Express Offshore (MEO) announced that it has been awarded three contracts to provide anchor handling tug supply (AHTS) services to Chevron in the Gulf of ...

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: 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: Ezra Holdings has provided an update on the proposed public offering of new shares and a secondary listing and quotation of all the shares of subsidiary EOC on the Main Board of the ...

Manila: More shipping routes are set to open in the coming couple of years between Mindanao in the far south of the Philippines and other parts of the Brunei, Indonesia, Malaysia, Philippines-East ...

Kuala Lumpur: Malaysia’s PDZ Holdings plans to diversify into the oil and gas sector has progressed. The group, which controls a local feeder line in Malaysia, has entered into a framework agreement ...

Amsterdam: A group of offshore companies including Bluewater, Damen and Van Oord have joined together to realise a unique floating tidal energy platform which will be moored near Texel in the ...