December 11, 2009

Singapore: Indonesia's Berlian Laju Tanker announced this morning a downward revision to the offer price for Norway's Camillo Eitzen & Co (CECO), after completing the ... [full story]

Jakarta: PT Jakarta International Container Terminal on Thursday secured a $70 million dollar syndicated loan from the International Finance Corporation, the World Bank’s investment arm, ... [full story]

Kuala Lumpur:  Malaysia Thursday charged a former port chief and two other figures over their roles in a multi-billion-dollar financial scandal at a free-trade zone. ... [full story]

Tokyo: The first shuttle and regasification vessel (SRV) co-owned by Höegh LNG and Mitsui O.S.K. Lines was completed at Samsung Heavy Industries in South Korea, ... [full story]

Taipei: U-Ming Marine Transport, the bulk shipping unit of Taiwan’s Far Eastern Group, is continuing its diversification away from its traditional dry bulk and cement ... [full story]

London: Simpson, Spence and Young, the London shipbrokerage, reported yesterday that the number of capsizes waiting to berth at coal and iron ore load ports ... [full story]

Athens: Somali pirates have released the Greek cargo ship seized on May 2. News of the release was confirmed by the ship's owner, All Oceans ... [full story]

Beijing: A report in the China Daily hints at two more yards on the mainland readying to enter the LNG carrier construction business, on the ... [full story]