South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) has confirmed its long-rumoured interest in buying STX France from the wreckage of compatriot STX Offshore & Shipbuilding. The ...
Updated: Daewoo or Fincantieri to buy STX France
USCG Detains Bulk Carrier for Environmental Violations
By MarEx 2015-05-18 08:57:05 The Coast Guard detained the 600-foot motor vessel Ikan Sudip, after significant environmental and safety violations were found during an inspection in Astoria, ...
China to complete multi-million dollar Namibia port project by 2017
China Harbour Engineering Company (CHEC), which is working on the container terminal at Walvis Bay in Namibia, said that the project can be completed by 2017. The Chinese company won the contract to ...
Seventh Ship Attacked
Posted on: Monday, May 18th, 2015 By: Debbie Source: Tradewinds Southeast Asia waters have seen a seventh product tanker attacked and its cargo siphoned since the start of 2015. In the latest incident ...
UMW Oil & Gas profit down 39%
Malaysia-listed drilling and oilfield services company UMW Oil & Gas posted a profit of MYR32.15 million (USD9.16 million) for the first quarter that ended on 31 March 2015, down 39% from profit ...
Freight Management Holding profit dip 22%
Malaysia-listed freight service provider Freight Management Holding posted profit of MYR4.73 million (USD1.33 million) for the third quarter that ended on 31 March 2015, down 22% from profit of ...
Tribunal dismisses patent suit against DSME
The Korean Intellectual Property Tribunal has dismissed a patent suit brought against Daewoo Shipbuilding & Marine Engineering's (DSME's) fuel gas supply system. The suit was filed by DSME's ...
Japan Will Bid for Australian Submarine Contract
By Reuters 2015-05-18 04:44:57 Japan will join competitive bidding to sell Australia a fleet of stealth submarines, the government said on Monday, a move expected to require Tokyo to supply Canberra ...
Pirates hijack tanker off East Malaysia
Armed robbers hijacked Malaysia-flagged tanker Oriental Glory and siphoned off its fuel off Bruit Island, East Malaysia, on 15 May. The incident marked the seventh fuel siphoning case reported since ...
Myanmar declines talk on Rohingya issue
Myanmar has signalled it will not take part in Thailand's plans to host a conference on the crisis of Rohingya boat people. "We are unlikely to attend… we do not accept it if they [Thailand] are ...
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