News
Beng Kuang Marine gets $15m financing for ASOM acquisition
Financing includes conditions on deal execution, ownership retention, and repayment.
Beng Kuang Marine gets $15m financing for ASOM acquisition
Financing includes conditions on deal execution, ownership retention, and repayment.
DP World secures Laem Chabang berth operating extension to 2031
The Port Authority of Thailand granted a five-year extension for continued terminal operations.
Beng Kuang Marine Q1 net profit slips 12.7% to $2.8m
The group said margins dipped due to project mix, whilst FPSO work remained its recurring engine.
OOCL orders 12 LNG dual-fuel container ships to boost green transition
The expansion will improve global capacity and support growth in emerging markets.
Investment standoff threatens 90% of global goods movement
Maritime transport handles nearly all international commerce and this decarbonization impasse could soon trigger higher freight rates.
ICTSI net income climbs 23% on stronger operating performance
Excluding a non-recurring charge from Yantai disposal net income grew by 29%.
MOL profit sinks 49.9% in 2025 as affiliate earnings collapse
Its equity income dropped to $0.27b from $1.67b, dragging returns lower.
Korea forms strategic council to integrate maritime sectors
Government links industrial associations and firms into a unified vessel production and deployment framework.
India’s INR51,383-crore shipping plan reshapes fleet capacity
It will align shipbuilding targets with multi-sector coordination framework.
RINA Singapore hub expansion strengthens maritime innovation pipeline
The company will also add 13 specialist roles within the next three years.
Singapore charts new maritime training path in shore-based and cyber tracks
The city-state expands shore-based and cyber maritime training as industry shifts toward digital operations.
MPA renews SMU tie-up as maritime talent race intensifies
Maritime training links expand as Singapore and China align on digital and green shipping capabilities.
Cycle turns for Yangzijiang Shipbuilding, Poseidon deal under spotlight
The shipbuilder said order momentum has “moderated from its peak.”
Green shipping service debuts as PIL, PSA, and DNV link platforms
Verified fuel credits now move across ports and vessels in the Singapore logistics chain.
Ulsan port completes world-first ammonia bunkering for vessel
The port integrates ammonia fueling whilst expanding LNG and methanol systems.
Yangzijiang Maritime bolsters fleet with 10 new vessels
Its orderbook spans tankers and bulk carriers with deliveries stretching to 2029.
Imabari Shipbuilding delivers 64,000-DWT carrier with multi-cargo capability
The vessel enters service with CSR BC&OT compliant cargo design and emissions systems.
