Waruna Nusa Sentana begins scrapping tankers
Indonesian owner sends two elderly products tankers to the breakers with more expected in the future.
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Nam Cheong stung by writedowns
Hits on plant and equipment values push Singapore-listed offshore shipbuilder and operator deeper into the red as its future becomes increasingly dependent of its ongoing restructuring efforts.
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K Line car aground off Sweden
Weather not likely to be blamed as Japanese-owned Makkasar Highway goes off course and runs onto the Swedish coast.
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Pacific Radiance seeks further court protection
Struggling offshore player heads back to court to ask for more protection against legal proceedings that may skewer its ongoing restructuring efforts.
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Kim Heng adds two more anchor handlers
Singapore offshore player takes units from the fleets of Emas and Swissco as part of its plan to gain better economies of scale in the offshore sector.
Kim Heng adds two more anchor handlers Read More »