Press Releases

Chevron seals Samsung splash

Jun 19, 2012 01:03 SGT NHST Media Group Asia US energy giant puts pen to paper on $200m pact to forge specialised suezmax tankers in South Korea, sources say.

Hasbun in it to win it

Jun 15, 2012 03:09 SGT NHST Media Group Asia Expansion on the horizon for CSAV as fuel efficient containership fleet is the key to competing with rivals, CEO says.

IPO spin clock steals the spotlight

Jun 14, 2012 23:59 SGT NHST Media Group Asia Industry split on whether Oslo investors will welcome Geden spinoff with open arms given turmoil in the tanker market.

DVB backs CSAV newbuildings

Jun 14, 2012 06:21 SGT NHST Media Group Asia Chilean carrier secures $90m boost from German bank as it closes in on final phase of latest expansion drive.

Car trouble for Yuri Nikitin

Jun 13, 2012 21:52 SGT NHST Media Group Asia Novoship trial hears how Russian shipowner’s dodgy commission deals were referred to in coded emails as "extras" for car stereos and leather seats.

Deutsche Bank revisits Posidonia

Jun 12, 2012 23:59 SGT NHST Media Group Asia Equity analyst explores politics, real estate, asset values, thirsty ‘old ladies’ and ouzo on the heels of Athens exhibition.

Strictly business

Jun 12, 2012 23:01 SGT NHST Media Group Asia Novoship corruption trial hears Yuri Nikitin quizzed on why he would introduce Venezuelan rival Wilmer Ruperti to Russian cargo owners.

'Eco’ influences MR tanker price tag

Jun 12, 2012 00:22 SGT NHST Media Group Asia Maersk’s $65m raid on Hyundai Mipo resales illustrates power of fuel promise even if claims are untested, brokers say.

Maersk exec eyes exit

Jun 11, 2012 23:27 SGT NHST Media Group Asia Danish carrier's containership wing crowns new CFO following surprise departure of Peter Ronnest Andersen.

While you were out...

Jun 09, 2012 05:19 SGT NHST Media Group Asia Posidonia stalled S&P activity this week but failed to freeze the phasing out of another Frontline OBO, brokers say.