TH Heavy Engineering prepares for tough times ahead

Keeping with the austerity theme in the Malaysian oil and gas industry, TH Heavy Engineering (THHE), has laid off more than one-third of its workforce due to a lack of new fabrication orders, and is bracing itself for tough times, local media reported. ..

TH Heavy Engineering to use half of rights issue to fund FPSO conversion

Malaysian offshore fabricator TH Heavy Engineering (THHE) plans to use half of the MYR300m ($83.5m) to be raised from its proposed rights issue to convert its FPSO vessel, ...

2012 China (Macau) International Yacht Import and Export Fair

The press conference of 2012 China (Macau) International Yacht Import and Export Fair will be grandly staged at 4:00 pm on May 9th, in Rocks Hotel, Macau.

The future Ottoman Empire of Shipping

he Turkish shipping rising star Beks Shipping took delivery of a 57,700 dwt bulk carrier today on March 20th from STX Dalian Shipyard.

Jiangsu Coastal Ship Route Planning Is Released

The Jiangsu Maritime Bureau announced on the 11th that the “Jiangsu Coastal Ship Rou...