Singapore-listed offshore services provider EMAS Offshore has posted a net profit of USD5.18 million for the third quarter that ended on 31 May 2015, as compared with a profit of USD0.18 million in ...
EMAS Offshore records net profit of $5.18m
Cargo ship runs aground off La Gi, Vietnam
A Vietnam-flagged cargo ship laden with 3,000 tonnes of rice has run aground off La Gi, Vietnam. Hai Truong 36 with IMO registration number 8656154 was stranded at 10 29' 45"N, 107 50' 37"E at 02:00 h ...
Triyards wins liftboat orders worth $175m
Singapore-listed offshore services provider Triyards Holdings has won liftboat orders worth USD175 million. The vessel orders comprise two enhanced BH450 series liftboats, which will be the third and ...
Dry bulk shipping market set to pick up
The international dry bulk shipping market is expected to pick up in the second half of 2015, a report from the Shanghai International Shipping Institute (SISI) has predicted. However, a recovery to ...
International dry bulk shipping to pick up in the short term
The international dry bulk shipping market is expected to pick up in the second half of 2015, Shanghai International Shipping Institute (SISI) said in a report. However, a recovery to the average ...
Evergreen confirms orders for 10 box ships
Taiwanese carrier Evergreen announced on 6 July that the company has decided to order 10 2,800 teu container ships at Taiwan's China Shipbuilding Corporation (CSBC) and Japan's Imabari ...
EMAS Offshore bags West Africa, Thailand jobs worth $24m
Singapore-listed offshore services provider EMAS Offshore has clinched three charter contracts worth USD24 million with oil majors in West Africa and Thailand. Under the West African contract, EMAS ...
News insight: This week’s Movers
NHC head to stand down John Wiik will step down as CEO of the Norwegian Hull Club (NHC) on 1 January 2016. He has successfully steered the Club through years of growth and prosperity to create one of ...
Headwinds emerge again for ship recycling
The ship recycling market will not be spared from the uncertainties resulting from Greece's financial crisis and the stock market plunge in China. Dubai-based cash buyer Global Marketing Systems (GMS) ...
Samsung Heavy Industries clinches floating production system order
South Korean shipbuilder Samsung Heavy Industries (SHI) announced on 7 July that it has won an order for a semi-submersible floating production system (FPS) from a North America-based customer. SHI ...