June 23, 2008

London: Ongoing efforts to improve safety and protection of the marine environment in the Straits of Malacca and Singapore will be the subject of a ... [full story]

Singapore: Singapore's Neptune Orient Lines is in talks with banks to take up a $5-7 billion syndicated loan, sources familiar with the situation told Reuters ... [full story]

Manila: The Subic Bay Metropolitan Authority (SBMA) has issued a cease-and-desist order (CDO) directing Hanjin Heavy Industries Corp. (HHIC) to suspend construction activities at the ... [full story]

Manila: More than 800 Filipinos are thought to have perished in one of the worst maritime disasters in history. 140 kmh winds from Typhoon Fengshen ... [full story]

Bangkok: PTT Plc, the Thai majority state-owned oil-and-gas conglomerate, expects liquefied petroleum gas (LPG) imports to rise five-fold next year to one million tonnes from ... [full story]

Hong Kong: John Swire & Sons affiliate China Navigation has signed up for its first newbuilds for ten years, opting for six 40,000 dwt multipurpose ... [full story]

Oslo: STX Shipbuilding of Korea bid Friday for another $110m of Norway's Aker Yards, surprising the market. In a statement issued after the close ... [full story]