February 04, 2010

Jakarta: Berlian Laju Tankers has launched a $100m bond issue to finance expansion and repay debt. The 12% guaranteed convertible bonds to ... [full story]

South Korea: D’Amico and Glencore joint venture Glenda has won a legal battle over three product tanker newbuildings cancelled at SLS Shipbuilding. The London ... [full story]

Kuala Lumpur: Datuk Shamsul Azhar Abbas, former MISC ceo, has been appointed as president and ceo of Malaysian national oil and gas company Petronas. ... [full story]

Singapore: Sembcorp Marine is to build a new shipyard in Brazil targeting the country’s fast growing offshore market. The yard with an ... [full story]

Somalia: A North Korean-flagged general cargo vessel was hijacked by Somali pirates on Wednesday morning. EU NAVFOR said the 4,800 dwt vessel ... [full story]