Anticipating India's Leadership in Oil Demand Over Next 10 Years
IEA has forecast in a recent report India is anticipated to surpass China as the leading source of global oil demand growth in the next decade.
Asia
Seaway 7 and Dong Fang Offshore in Taiwanese Wind Link-up
Seaway 7, a contractor in offshore wind projects, and Dong Fang Offshore, a Taiwanese offshore wind service provider, have formed a partnership.
Shih Wei Navigation Finalizes Bulker Orders
Shih Wei Navigation recently broke a nearly ten-year streak without orders by entering agreements for the construction of new bulk carriers.
Marinakis & Fredriksen Strengthen Chinese Shipbuilder Ties
DSIC has obtained orders for $1.8 billion from two well-known European clients, involving the construction of up to 14 Very Large Crude Carriers.
Vietnam's VLCC Fleet Demonstrates Continuous Growth
Greece's Capital Maritime and Trading has recently completed the sale of the most recently built VLCC now flying the Vietnamese flag.
Dayang's Ongoing Success: More Work Achieved with EnQuest
Dayang Enterprise, a Malaysian firm, has been awarded a contract extension by Enquest to deliver maintenance, construction & modification services
Neptune Lines Doubles Down on Dual-Fuel Car Carriers in China
Neptune Lines, owner and operator of Greek vehicle carriers, has increased the number of vessels at the Fujian Mawei shipyard in China.
End of an Era as Swire Phases Out Westwood Brand
Westwood Shipping Lines, known for its specialized vessel ops between the Pacific NW and NE Asia, has recently been rebranded as Swire Shipping.
Concession to Develop New Philippine Box Terminal Won by ICTSI
A 25-year concession contract to develop and operate the Iloilo Commercial Port Complex in the Philippines has been won by the ICTSI.
Eastern Pacific Shipping Books More Car Carriers at Jinling
Eastern Pacific Shipping, based in Singapore, has returned to China Merchants Jinling Shipyard with a deal to build 2 new dual-fuel car carriers.
Japanese Partnership Plans to Reduce Emissions From Oil Imports
In order to design and build a low-carbon emission very large crude carrier (VLCC), four Japanese players have joined forces.
Pertamina Plans to Join Indonesia Stock Exchange in 2025
In an attempt to generate funds for their ambitious fleet expansion project, Indonesia’s Pertamina International Shipping plan to go public in 2025
Financial Turmoil Hits Leading Shipbuilder in Vietnam
Vietnam shipbuilder SBIC formerly Vinashin, is poised for bankruptcy as numerous attempts to restructure the company have proven unsuccessful.
Nakilat Commissions Six New Gas Carrier Builds in S. Korea
Nakilat, a leading Qatari company in liquefied natural gas (LNG) shipping, is significantly expanding its fleet by adding six new gas carriers.
Japan Coast Guard Crash May Have Been Comms Confusion
Per media, the Japan Coast Guard aircraft hit by a landing passenger jet has encountered confusion over who had the right to use Haneda's runway.
Cruise Ship Rescues Fishermen Thanks to Observant Passengers
Costa Cruises’ 114,500 gross ton Costa Serna was cruising the Arabian Sea when the vessel rescued a group of stranded fishermen lost out to sea.
New Bunker Collides with Chinese Fishing Boat, 8 Missing
An accident between a new Singapore-registered bunker that just completed construction and a fishing boat is investigated by Chinese authorities.
First Cruise Ship Made in China to Set Sail From Shanghai
January 1st saw China’s first domestically made cruise ship begin its maiden voyage, offering mainland travelers the opportunity to go overseas.
Fatalities Following Collision of Japan Coast Guard & Passenger Planes
Tuesday's event at Haneda airport resulted in the loss of 5 Coast Guard crew , while all 379 occupants of the JAL plane miraculously survived.
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.