Malaysia-listed shipbuilder Coastal Contract is seeking damages of USD5.65 million from China's Yantai CIMC Raffles Offshore and Dynamic Driller over delays in construction of a jack-up drilling ...
Coastal Contract seeks USD5.65 million compensation for late rig
APL introduces Guam, Saipan service
Singapore-headquartered container carrier APL on 12 October launched a new fortnightly US-flagged service to Guam and Saipan. The new shipping service, Guam Saipan Express (GSX), will connect with ...
Petrofac cancels newbuilding contract with ZPMC
London-listed oil and gas service provider Petrofac has cancelled its construction contract of a deepwater multipurpose offshore vessel with China-based shipyard Shanghai Zhenhua Heavy Industry ...
Malaysia, China co-operate to triple trade volume by 2017
Malaysia and China are working closely to boost the countries' bilateral trade and triple their trade volume target of USD160 billion by 2017. The two countries' two-way trade volume was approximately ...
Thailand rejects Kra Canal idea
Senior officials have underscored the Thai government's clear rejection of plans to build a canal crossing the Kra Isthmus in southern Thailand. "It won't happen because it's not feasible," Chula ...
New forwarding giant formed
Danish freight forwarding group DSV plans to push further up into the top league of global cargo agents with the signing of an agreement today to take over US-based logistics group UTi Worldwide. In ...
Hsu Chih-chien exits Courage Marine
Taiwanese shipping veteran Hsu Chih-chien has sold his shares in Singapore-listed Courage Marine, ending his association with the company he founded. Courage Marine, founded in 2001 at the start of ...
Dredging work to commence at Port of Soma
Dredging work is set to kick off at the Port of Soma in Fukushima Prefecture, northeastern Japan on 10 October, according to the nation's Ministry of Land, Infrastructure, Transport, and Tourism. The ...
Swire expands its Asia Pacific shipping service to Hobart
Swire Shipping today (9 October) announced it would expand its Australian service to Hobart, Tasmania. The new service provides both domestic shipments out of Tasmania to Melbourne, Sydney, and ...
Maersk updates on new Boomerang service
Shipping giant Maersk has made more information available about its new Boomerang service to Australia. The service started as Thailand dealt with a slew of reports showing stubborn weakness in its ...


