Singaporean yards agrees to defer $1.4 billion receivables from Borr Drilling for 2 years

The Norwegian company Borr Drilling Limited recently announced that it has reached agreements in principle with the company’s largest creditors, the Singaporean yards, to refinance and defer a combined $1.4 billion debt …

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Thailand’s Phuket and Krabi welcomed TUI charter flights from Norway

The Tourism Authority of Thailand (TAT) recently welcomed TUI Nordic’s first winter 2021/2022 charter flights to Phuket and Krabi, as part of the tour operator’s series of charter flights from …

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IKEA Philippines partners with Mober for e-vehicle delivery service

IKEA Philippines has teamed up with the Filipino technology-logistics company Mober for its last-mile electric vehicle delivery to reduce carbon emissions, PhilStar reports.  The Swedish furniture giant is selling more and more …

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Maersk to acquire Hong Kong-based LF Logistics, a premium omnichannel fulfillment company

Maersk has reached an agreement to acquire LF Logistics, a Hong Kong-based contract logistics company, with premium capabilities within omnichannel fulfillment services, e-commerce, and inland transport in the Asia-Pacific region, …

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Philippine exports to Denmark saw major growth in September

Despite the pandemic, Philippine exports to Denmark rose 205 percent year-on-year in September, according to the Department of Foreign Affairs (DFA). Preliminary data from the Philippine Statistics Authority (PSA) and the …

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Finnair to resume direct flights between Helsinki-Krabi with 4 flights a week

Finland’s largest airline Finnair has become the first international airline to resume flights to Krabi, with the operation of a four times weekly service between Helsinki and Krabi, the Tourist …

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Wärtsilä partners with CCS and Tianjin Port in developing next-gen tug technology 

The Finnish intelligent marine technology company, Wärtsilä Voyage, has signed an MoU with the China Classification Society (CCS) and Tianjin Port to advance China’s intelligent vessel technology and deploy next-generation …

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