ships

Hundreds missing after migrant vessel sinks off Malaysia-Thailand border

10 survivors and one body recovered, says Malaysian maritime authority

Yangzijiang (above) builds its ships entirely in China, while ASL’s shipbuilding facilities are spread across Singapore, Indonesia and China.
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ASL Marine jumps 2.3% after share placement; Yangzijiang Shipbuilding falls 4.3% over port fees spat

The shipbuilders are subject to contrasting investor views on their fortunes

Seoul’s negotiators have been racing to stay engaged with their US counterparts as Washington shifted its focus to the European Union and China.

South Korea pitches Trump on shipyards for last-minute trade deal

Aside from China, other major exporters in the region that are in the thick of negotiations include India and Taiwan

Nam Cheong bags RM317.1 million in regional vessel charter deals

Nam Cheong bags RM317.1 million in regional vessel charter deals

[SINGAPORE] Sarawak-based offshore marine firm Nam Cheong has secured vessel charter contracts worth up to RM317.1 million (S$94.5 million) from regional oil majors.

A new technical reference on methanol bunkering has been published to provide a framework for safe and efficient use of methanol as an alternative in bunkering operations, said MPA.

Singapore launches new standard for methanol bunkering

[SINGAPORE] Singapore, the world’s largest bunker hub for ships, has launched a new standard for methanol bunkering, the Maritime and Port Authority of Singapore (MPA) said on Monday.

Yangzijiang is among several marine stocks which have been performing well in the past year.

YZJ, Seatrium stocks ride wave of upcycle orders; smooth sailing ahead seen for marine sector

Supply catchup, O&M demand, fleet renewal among factors fuelling order books

The sudden rise in exports of higher-value manufactured goods such as electric vehicles has caused rising concern in developed nations.

China’s car and ship exports hit record despite slowing trade

CHINA’S exports of both cars and ships hit records in September even as broader shipments slowed, underscoring the rapid changes in the nation’s industry that are fuelling global trade tensions.

China’s navy is rapidly growing and now has a larger fleet than the US.

US leans on shipbuilding prowess of allies to compete with China

In any high-stakes military conflict with China, the US Navy will be critical to winning. But America’s shipbuilding industry is far from able to support what the Navy needs.

Panama-flagged oil tanker Blue Lagoon I transits the Bosphorus in Istanbul, Turkey June 14, 2024. The Houthis late on Monday claimed responsibility for targeting Blue Lagoon I with multiple missiles and drones but did not make any mention of the Saudi tanker Amjad.

US military says Yemen’s Houthis attacked two crude oil tankers in Red Sea

YEMEN’S Iran-backed Houthi rebels attacked two crude oil tankers - the Saudi-flagged Amjad and the Panama-flagged Blue Lagoon I - in the Red Sea on Monday, the US military said, calling the assaults “...

Miner Fortescue in March recorded a world first in the use of ammonia combined with diesel as a marine fuel. The trial was on the Fortescue Green Pioneer, a Singapore-flagged vessel with retrofitted engines, and involved Singapore-listed Seatrium and the local port authority.

Green fuel transition presents retrofitting opportunity for shipyards, with some caveats

The business case for switching older vessels to methanol and ammonia is complicated