13-Year Jail Sentence for Former Chinese Shipbuilding Head
Hu Wenming, former chairman of state-owned China Shipbuilding Industry Co (CSIC), has been sentenced to 13 years in prison and fined $700,000.
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Indian Navy Dispatch Warships in Response to Drone Attack
Guided-missile destroyers will be strategically positioned by the Indian Navy in the Arabian Sea following an incident involving a drone strike.
Harim Group Chosen to Acquire HMM
The Harim Group has been chosen by state-owned creditors to acquire a controlling interest in HMM, South Korea's premier shipping company.
Philippines Plans Offshore Exploration in South China Sea
President Ferdinan Marcos Jr of the Philippines stated that the country is actively addressing “exploration issues” in the South China Sea.
MOL Inaugurates Seafarer Manning Company In Indonesia
Partnership is scheduled to commence operations in April 2024, focusing primarily on supplying seafarers for the MOL Group’s LNG carrier fleet.
Japan Announces Successful Bids in Offshore Energy Auction
Three offshore wind farm operators were selected by Japan's ministries of industry and land on Wednesday.
RWE & Partners Deal for 684 MW Offshore Wind Power Venture
RWE has been chosen as part of a group to construct & manage an offshore wind project situated off the shores near Murakami and Tainai in Japan.
Toyo Secures Deal with VARD for Tailored Hybrid Cable Layer
VARD inks $200 million agreement with Toyo. The contract covers planning and construction of an advanced hybrid cable lay and construction vessel
10 Detained for Alleged Unlawful MGO Transaction
According to Singapore Police 10 individuals were detained for alleged involvement in a fraudulent Marine Gas Oil transaction on August 4, 2022.
Freight Ships To Avoid Taiwan Due to China's Naval Exercises
As China conducted its most provocative military exercises in decades surrounding Taiwan, shippers rerouted their boats from the Taiwan Strait.
MPA Suspends Glencore’s Licence
Following an inquiry into fuel contamination earlier this year, the MPA Singapore has decided to suspend Glencore's bunker permit for two months.
MoU Signed by Rotterdam & Singapore Ports
MoU signed by the Port Authorities of Rotterdam and Singapore to create the longest green and digital shipping corridor in the world to date.
PETRONAS Signs MoU to Examine CCS Value Chain Opportunities
MoU signed by PETRONAS with 6 Korean businesses to conduct feasibility studies around developing value chain for CO2 capture, transport, storage.
Japan's 100% Biofuel Supply Trial Starts
Production of Neste Renewable Diesel, a 100% renewable fuel, uses livestock & used cooking oil otherwise discarded by the food sector.
PIL To Use Hazcheck Detect To Stamp Out Suspicious Cargoes
Pacific International Lines of Singapore decides to use the Hazcheck Detect cargo screening tool in an effort to identify dangerous shipments.