Kuala Lumpur: Armed pirates raided a Japanese oil tanker in the Strait of Malacca, abducting three Indonesian crew members and stealing some of the vessel's shipment of diesel fuel, the International ...

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Bangkok: Myanmar will let international investors bid for 15 additional offshore oil exploration blocks by the end of next year, a move that comes after the earlier release of 40 blocks that have ...

Kuala Lumpur: Authorities in Malaysia continue to comb through the rough seas off Lahad Datu on the east coast of Sabah in the seemingly increasingly vain attempt to find and rescue six crewmembers of ...

Japan: MOL Logistics, part of major Japanese shipping line, Mitsui OSK Lines, has formed PT MOL Logistics Warehouse, a wholly owned subsidiary, in Jakarta. “The company will… apply the dedicated ...

Kuala Lumpur: Malaysia's Petronas has signed a memorandum of understanding with Turkmenistan on long-term cooperation on oil and gas development in the Cthis isentral Asian country. According to ...

Singapore: Bibby Ship Management and Singapore-based United Ship Management have formed Bibby-USM Shipping, a joint venture (JV) that will target the Chinese shipping market. Bibby-USM Shipping will ...

Kuala Lumpur: Perdana Neptune, a subsidiary of Malaysia-listed Perdana Petroleum, has sold an offshore support vessel (OSV) to Hauston Limited for RM 93.5m ($28.5m). The sale is part of Perdana ...

Kuala Lumpur: Micaline is to deploy its fourth chemical tanker early next year to transport crude palm oil (CPO) between Malaysia and China. The new 7,000-DWT tanker will join Micaline’s fleet in the ...

Kuala Lumpur: Malaysia-listed Carimin Petroleum has announced its initial public offering (IPO) of shares on the main market of Bursa Malaysia Securities. The IPO has a tentative listing date of ...

Jakarta: A palm oil carrier that was last month hijacked and stolen has been found in Thailand with its cargo intact. Eight perpetrators onboard the vessel were also apprehended by Thai authorities.

Manila: Moves are afoot for the Philippines to follow Indonesia’s lead and ban mineral ore exports. The environment secretary has backed a proposal made last month by Senator Paolo Benigno Aquino that ...