Kuala Lumpur: Japan's Inpex has agreed to sell a 25% stake in the deep water Block S in offshore Malaysia to Australian oil and gas producer Santos, reducing Inpex’s stake in the block to 50%.

Singapore: Falcon Energy's subsidiary Energian today purchased another 0.008% stake in CH Offshore (CHO), the offshore company that has so far rebuffed Falcon's buyout offer. The 56,600 shares were ...

Singapore: US grain giant Archer Daniels Midland is changing its operations in Asia in a big way. “As populations and incomes across Asia continue to rise, diets are evolving. With that shift comes an ...

Hanoi: Petrovietnam Exploration Production Corporation (PVEP), a wholly-owned subsidiary of Petrovietnam, has signed a Memorandum of Understanding (MOU) with India's Oil and Natural Gas Corporation ...

Singapore: Thoresen Shipping Singapore, a wholly owned subsidiary of Thoresen Thai Agency Agencies, has announced its latest acquisition - a seven-and-a-half-year old Japanese built supramax dry bulk ...

Kuala Lumpur: Low oil prices have forced Malaysia-listed Tanjung Offshore to cancel its plans to take over Bourbon Far East, part of France-based Bourbon Offshore. The two offshore and subsea support ...

Singapore: Singapore-based Neptune Orient Lines (NOL) may sell its logistics business to CJ Korea Express, South Korea’s biggest courier delivery company, in an effort to improve its finances. CJ ...

Hanoi: The government has stressed to local ports that fees are already too low and the ports should not feel pressurised by shipping lines to lower their charges further. Vietnam’s ports are already ...

Asia Shipping Media (ASM) is the region's top maritime publisher. Drawing upon a network of unparalleled writers and marketing professionals ASM's aim is to be the global platform for Asian shipping.

Singapore: Pacific Radiance’s new offshore support vessel (OSV) has won a five-year contract worth more than $70m with a repeat client. The OSV will be mobilised to southeast Asia under the contract, ...

Asia Shipping Media (ASM) is the region's top maritime publisher. Drawing upon a network of unparalleled writers and marketing professionals ASM's aim is to be the global platform for Asian shipping.

Bangkok: Following the Thai oil tanker MT Orapin 4 which was hijacked by pirates last month, the third attack on Thai ships since April, Thai shipowners have called for weapoms on cargo ships. Phumin ...