Dubai’s Marine Assets Corporation (MAC) will own and provide the marine management of the vessel. The vessel will be chartered to Nautilus for a minimum period of five years at a rate of US$199,910 ...
The Meteorology, Climatology and Geophysics Agency (BMKG) recorded 170 hot spots in South Sumatra on Monday, which was the highest number in Sumatra. Dense haze from forest fires in the province has ...
Hanoi: A Taiwanese steel mill is seeking permission from Hanoi to establish a wholly owned shipping fleet in Vietnam. Formosa Iron and Steel has invested in two huge blast furnaces and will soon be ...
The program—comprised of a monthly carrier scorecard, the INTTRA Insights Platform for Visibility, and INTTRA Ocean IQ professional service engagements—was created in conjunction with ocean carriers ...
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 ...
Hanoi: Vietcombank has sold off the $19m debt of Vietnam National Shipping Lines (Vinalines) to Vietnam Debt and Asset Trading Corporation (DATC). Vinalines borrowed the loan from Vietcombank for a ...
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 ...
Kuala Lumpur: Authorities in Malaysia continue to comb through the rough seas off Lahad Datu on the east coast of Sabah in the seemingly increasingly vain attempt to find and rescue six crewmembers of ...
Singapore: Philippine national Gerardo Borromeo has been elected as president of InterManager for a second term and will serve as head of the global third party and in-house ship managers association ...
Singapore: Hallin Marine, which was closed down last week by parent company Superior Energy Services, is close to reaching an agreement with DDW-PaxOcean over the cancellation of multi-service vessel ...
“The Proposed Private Placement provides an opportunity for THHE to tap into the equity capital market to raise funds and take advantage of the current robust demand from investors to participate in ...
Calls to cut income tax have been made, while also demanding that crews be provided food onboard free of charge; currently they have to contribute 30% of the food bill. Also, to bring the nation’s ...