News
Hong Kong pioneers world’s first methanol bunkering operation
The vessel received approximately 500 tonnes of green methanol.
Hong Kong pioneers world’s first methanol bunkering operation
The vessel received approximately 500 tonnes of green methanol.
ABB wins two-vessel Orange Marine cable ship contract
Delivery is scheduled for 2028 and 2029.
Korean firms develop ammonia engine emissions system
System cuts ammonia emissions by 99.7%.
Seatrium completes sale of Karimun Yard in Indonesia
The company expects over $50m in annual savings once fully implemented.
Hong Kong Q4 port cargo hits 44.8m tonnes
Containers fall 5.6% as outward cargo jumps.
Seatrium wins eighth Karpowership FSRU conversion contract
The project starts in the third quarter of 2026.
JMU and NYK sign tanker deal with guaranteed sea performance
The tanker will be delivered in March 2026.
Michael Kum emerges as substantial shareholder in Marco Polo Marine with 5.77% stake
Halom Investments bought 60 million shares from Penguin, raising Kum’s holding to 225 million.
Singapore shippers face policy cancellations as Iran conflict escalate
Hull and Machinery coverage faces cancellations with reinstatements costing more.
ICTSI net income hits $1.05b on port growth
Diluted earnings per share rose 25% to $0.510.
ATI delisting tender draws 9.16% of shares
Crossing set for 13 March.
ICTSI net income rises 23% to US$1.05b in 2025
Revenues climb 18% as throughput rises.
Nam Cheong CEO boosts holdings after buying 100,000 shares
This lifts his stake in the company to 4.053%.
Uni-Asia signs first newbuild order in 10 years with Nihon Shipyard
The vessel is scheduled for delivery in the second half of 2028.
Marco Polo Marine secures $21m for offshore wind expansion
The company issued 144 million shares to fund specialised vessels for renewables.
ClassNK approves NYK Line subsea cable-laying vessel
It will support long-distance subsea DC power transmission.
Strategic Marine hands over two of six contracted vessels to Mainprize Offshore
The agreement includes options for six additional units.