Othoni, another LPG tanker owned by Eletson

South Korean shipbuilder Hyundai Mipo Dockyard said Monday that a European customer has requested to delay the delivery of two LPG carriers and one liquefied ethylene gas (LEG) carrier.

Lloyd’s CEO Inga Beale

As the threat of cyber risk dominates much of the risk agenda, marine insurers are struggling with an inability to sell cover for attacks.

Indonesian ban on ore exports gives Philippines an opportunity.

Keppel CEO Loh Chin Hua

Keppel Corporation of Singapore has issued a brief statement rejecting allegations made by a former agent in relation to the Petrobras scandal.

Michael see Otto Marine

Singapore-listed ship repairer and offshore support vessel owner Otto Marine said Monday that it arrested one of its customers’ chemical tankers over alleged unpaid fees for ship repair services.

Singapore Exchange submitted a non-binding cash offer to acquire the Baltic Exchange on 26 February.

Baltic Exchange, the London  based dry bulk freight shipping market, has sent documents to its panel members for signature to formalise arrangement in case a planned takeover of Baltic Exchange by Singapore Exchange (SGX) materialises, the London based exchange said in a statement.

Siem Shipping's net profit fell in the second quarter

Siem Shipping, the listed Norwegian reefer and PCTC owner, continues to evaluate other opportunities in the shipping market after strengthening its footprint in the PCTC sector and reporting a fall in freight rates in its reefer operations.

Bronson Hsieh, Yang Ming Marine

Yang Ming Marine's incoming chairman, Bronson Hsieh, has nominated Tony Chow, executive director of China United Lines and former president of Wan Hai Lines, for the presidency of the business.

Bulk carrier Benita (ex-Sea Star Rainbow)

After five weeks aground in Mauritius, Liberian-flagged Greek-owned bulk carrier Benita was refloated on the high tide at 1300 h local time on 23 July.

Seven Seas Explorer

Billed as the world’s most luxurious ship, the Seven Seas Explorer sailed from Monte Carlo last week on an inaugural Mediterranean cruise programme following handover by Italian shipbuilder Fincantieri.

The first section of the pipeline being pulled to shore; credit: Van Oord

In the first of four contracts for the UK’s Yorkshire Water, Dutch company Van Oord was responsible for the engineering, procurement, and installation of the replacement pipeline at Wheatcroft

Ezra CEO and managing director, Lionel Lee

A consortium comprising EMAS Chiyoda Subsea, a joint venture between Singapore’s offshore oilfield service provider Ezra Holdings and Chiyoda Corporation, and India’s Larsen & Toubro Hydrocarbon Engineering, has won a USD1.6 billion by Saudi Arabian oil company Saudi Aramco.


Japan’s Seals, which specialises in shipping secondhand cars from its country, is targeting the emerging markets in southeast Asia.