krogragg

Category: Singapore

  • Bengal Tiger Line boss Bill Smart retires

    Bengal Tiger Line boss Bill Smart retires Singapore’s Bengal Tiger Line (BTL) has announced that industry veteran Bill Smart is retiring as the container feeder operator’s chief executive. Smart will step back at the end of March after 35 years with the company but continue on BTL’s board of directors. “On behalf of the board,…

  • GSB Tankers and Asahi Tanker form chemical tanker JV

    GSB Tankers and Asahi Tanker form chemical tanker JV GSB Tankers and Asahi Tanker have jointly established the Asia Chemical Tanker Alliance (ACTA) to manage the operation and commercial management of chemical tankers ranging from 10,000 to 15,000 dwt. ACTA is headquartered in Singapore, with an additional office in Tokyo. Initially, the joint venture will…

  • Global Energy and Towngas team up for methanol bunker supply

    Global Energy and Towngas team up for methanol bunker supply Singapore’s Global Energy Trading, part of Global Energy Group, and The Hong Kong and China Gas Company (Towngas) have signed a memorandum of understanding (MOU) to develop green methanol supply solutions for the shipping industry across Asia. Towngas has a methanol production plant in Ordos,…

  • ST Engineering bags walk-to-work vessel order

    ST Engineering bags walk-to-work vessel order Singapore’s ST Engineering has secured a shipbuilding contract for the design and construction of a walk-to-work (W2W) vessel for an undisclosed “leading oil and gas company”, marking its expansion into the market for specialised vessels supporting offshore operations. The newbuild is expected to be completed by the first half…

  • Nortrans Offshore wins flotel work on Romanian gas project

    Nortrans Offshore wins flotel work on Romanian gas project Singapore-based Nortrans Offshore has landed a charter deal with Italian offshore engineering and construction giant Saipem for one of its maintenance and support vessels. The 2015-built flotel Temis will work on the Neptun Deep gas development project in the Romanian part of the Black Sea. The…

  • Yinson Production JV bags floater extension in Vietnam

    Yinson Production JV bags floater extension in Vietnam Singapore-based floater owner and operator Yinson Production, part of the Malaysian Yinson Group, has secured a bareboat charter extension with PetroVietnam for the floating production storage and offloading vessel PTSC Lam Son. The extension kicks in on January 1, 2025 in direct continuation of the existing charter…

  • Singapore OSV player Vallianz hit by cyber attack

    Singapore OSV player Vallianz hit by cyber attack Singapore OSV owner and operator Vallianz has been hit by a cyberattack that has allowed an unknown party unauthorised access to the company’s servers. Upon discovering the ransomware incident, the firm – and its parent company Rawabi Holding Company Limited – took immediate action to identify, contain,…

  • Singfar lines up LNG bunker newbuilds in China

    Singfar lines up LNG bunker newbuilds in China Singfar Group is set to expand its fleet with up to four LNG bunker vessel newbuilds. Newbuilding sources have linked the Singapore-based owner to a deal at CSSC Guangzhou Wenchong Shipbuilding for two 20,000 cu m units, with an option for an additional pair. No price tag…

  • Samudera sets up shipbroking unit in Singapore

    Samudera sets up shipbroking unit in Singapore Indonesia’s Samudera Shipping has established a shipbroking business in Singapore. The Singapore-listed diversified owner said in a filing it had incorporated a wholly-owned subsidiary Samudera Ship Brokers on Thursday. The new company will mainly be involved in ship brokering, port, shipping and maritime related consultancy services, Samudera said.…

  • Seatrium wins contract for Gulf of Mexico production unit from BP

    Seatrium wins contract for Gulf of Mexico production unit from BP Singapore shipyard group Seatrium has signed a contract with energy supermajor BP for engineering, procurement, construction, and onshore commissioning work for the Kaskida floating production unit set to be deployed in the US Gulf of Mexico. The Kaskida project is a greenfield development located approximately…

  • EPS and FueLNG reach new LNG bunkering milestone

    EPS and FueLNG reach new LNG bunkering milestone Singapore’s Eastern Pacific Shipping (EPS) and FueLNG have hit a new LNG bunkering milestone by completing their 300th ship-to-ship (STS) operations. The post EPS and FueLNG reach new LNG bunkering milestone appeared first on Offshore Energy. Ajsa Habibic Go to offshore energy biz

  • Hilong launches $8m counterclaim against Vallianz in AHTS charter dispute

    Hilong launches $8m counterclaim against Vallianz in AHTS charter dispute Singapore OSV owner and operator Vallianz is facing a legal challenge in a vessel charter dispute with Hilong Marine Engineering. The company said in a stock exchange filing that its subsidiary, Vallianz Offshore Marine, has been served with a counterclaim of $8.1m from the subsidiary…

  • FSL offloads its oldest product tanker

    FSL offloads its oldest product tanker First Ship Leasing Trust (FSL) is selling its oldest vessel. The Singapore-listed product tanker owner said in a filing it had struck a deal with an undisclosed buyer for the 2004-built Cumbrian Fisher. The price was not disclosed, but FSL said it had received the initial 10% deposit in…

  • Idan Ofer unveils new ship leasing arm

    Idan Ofer unveils new ship leasing arm Idan Ofer has unveiled a new ship leasing arm in Singapore.  Dynamis Capital has been created by Quantum Pacific, Ofer’s holding company, having just bought Fleetscape Capital from Oaktree Capital Management, a division that has a fleet of around 25 ships.  Fredrik Ulstein and Kaizad Doctor, previously with…

  • Seatrium using digital twin technology to boost FPSO safety

    Seatrium using digital twin technology to boost FPSO safety Seatrium and Technology Centre for Offshore & Marine, Singapore (TCOMS) have expanded on the master research collaboration agreement (MRCA) to develop new technology aiming to make floating production storage and offloading (FPSO) platforms safer and more efficient. The post Seatrium using digital twin technology to boost…

  • PSA and Evergreen form Singapore box terminal joint venture

    PSA and Evergreen form Singapore box terminal joint venture Singapore’s PSA International and Taiwanese liner Evergreen have established a new joint venture terminal in Singapore, set to start operations by the end of this year. The strategic partnership will offer long-term terminal capacity assurance to the world’s seventh-largest carrier’s fast-expanding global vessel fleet in PSA…

  • Ship engines develop allergy to cashew nut fuel

    Ship engines develop allergy to cashew nut fuel Shipowners have been told to avoid selecting fuel made from cashew nutshells, a niche fuel that has been found to cause problems in engine rooms.  Bunker fuel tester CTI-Maritec has reported that several ships fuelling up in Singapore and Rotterdam have reported operational problems including fuel sludging,…

  • Synergy promotes autonomous vegetable growing on ships

    Synergy promotes autonomous vegetable growing on ships Synergy Marine Group has become one of the first adopters of autonomous vegetable-growing technology onboard ships. A pioneering initiative, which also includes shipowners Eastern Pacific Shipping, Seaspan, Capital Shipping, and CoolCo, has utilised Agwa’s AI-directed cultivation devices with the aim to enhance sustainability and crew wellbeing, the Singapore-based…

  • Keppel takes control of 13 legacy rigs amid hot offshore market conditions

    Keppel takes control of 13 legacy rigs amid hot offshore market conditions Singapore conglomerate Keppel has taken control of the 13 legacy rigs held by Rigco Holding at a time of improved conditions in the offshore rig market. Keppel currently holds a 10% equity stake in Rigco, S$139m ($103.8m) in perpetual securities and approximately S$4.3bn…

  • Australia’s TCorp invests in Cyan Renewables 

    Australia’s TCorp invests in Cyan Renewables  Fast-expanding offshore wind vessels pureplay Cyan Renewables has secured backing from Australia’s TCorp. The funding arm of Australia’s most populous state, New South Wales, said it had acquired an interest in Cyan with an initial investment of over $100m, with plans for further cash injections to support the Singapore-based…

  • Singapore court hands 17-year jail term to OK Lim 

    Singapore court hands 17-year jail term to OK Lim  Lim Oon Kuin, the founder of the defunct Singapore oil trader Hin Leong, was sentenced to 17-and-a-half years in prison for cheating top creditor HSBC and abetting forgery. The 82-year-old former oil trading and tanker tycoon, better known as OK Lim, faced three out of more…

  • PIL signs for more Hudong-Zhonghua boxships

    PIL signs for more Hudong-Zhonghua boxships Singapore’s Pacific International Lines (PIL) has returned to China’s Hudong-Zhonghua Shipbuilding for five LNG dual-fuel containerships. The company has contracted 9,000 teu vessels bringing its newbuilding campaign since 2022 to 18. In addition to being LNG-powered, the vessels will be able to switch to running on bio-methane, PIL said.…

  • MAC Shipping inks first newbuilds

    MAC Shipping inks first newbuilds Singapore’s MAC Shipping is expanding its fleet via a debut order for stainless steel chemical tanker newbuilds. The company has tapped China’s Jiangxi New Jiangzhou Shipbuilding Heavy Industry for four 25,900 dwt units costing $50m each, according to brokers, with deliveries starting in 2026. MAC Shipping was established in 2021,…