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.

Hangover hard to dismiss

Jun 07, 2012 04:33 SGT NHST Media Group Asia Posidonia’s brightest stars may have dodged Greek debt bullet but severity of crisis warrants monitoring, analyst says.

Polemis closes in on Times Square

Jun 07, 2012 00:36 SGT NHST Media Group Asia Son of former ICS chairman recruits Lazard to help blank cheque take a bite out of the Big Apple with $50m IPO.

Fairstar Heavy Transport strikes back

Jun 06, 2012 01:12 SGT NHST Media Group Asia Philip Adkins-led owner puts money where its mouth is as research report dismisses Dockwise takeover bid as 'unfair'.

Ex-NITC chief on new course

Jun 06, 2012 00:15 SGT NHST Media Group Asia Mohammed Souri is busy developing a new shipping venture after a long career heading the Iranian tanker giant.

Cyprus Maritime trims dry duo

Jun 05, 2012 01:00 SGT NHST Media Group Asia Clearout continues as Andreas Hadjiyiannis-controlled owner sends ageing bulkers to beaches of Karachi for breaking.