Bumi Armada Berhad News

 

One Year Ago Today: U.S. Maritime Industry Delivers in Wake of FSK Bridge Collapse

Mar 26, 2025

We are at the one-year since the Francis Scott Key (FSK) Bridge collapsed over the Patapsco River’s Fort McHenry Channel in Baltimore, Maryland.  Nearly 100 percent of the wreckage and debris removal was conducted by the Jones Act private sector U.S. maritime industry.  The FSK collapsed at about 1:28 a.m. local time on March 26, 2025 after the container ship MV DALI lost power and collided with one of bridge’s support piers…

Car Carrier Vessel Market Outlook for '25 is Bearish

Dec 16, 2024

Political winds blowing a raft of new tariffs and incoming supply uptick suggests a volatile 2025 Bearish sentiment crept into the car carrier market in June after the European Union (EU) announced increased import tariffs for Chinese-made electric vehicles (EVs) up to as much as 45…

Chicago Propeller Club is Int'l Chapter of Year

Nov 21, 2024

Chicago Propeller Club celebrated being named International Propeller Club of the Year at its latest event.Guests from across the Great Lakes and Mid West maritime industry gathered for the reception, a Chicago River cruise aboard club sponsor Wendella Cruises vessel the Iris…

Osman Named President, CEO at AET

May 12, 2023

MISC Berhad announced the change of President & CEO and Chairman of AET effective June 1, 2023. Zahid Osman has been appointed as the President & CEO, succeeding Capt. Rajalingam Subramaniam. The current Chairman, Datuk Yee Yang Chien will step down as of 31st May 2023…

MISC Makes Leadership Change

Jun 03, 2022

MISC Group’s President/Group Chief Executive Officer (CEO), YBhg. Datuk Yee Yang Chien announced his plan to retire effective September 30, 2022. Datuk Yee will turn the helm over to Captain Rajalingam Subramaniam, MISC’s Chief Operating Officer and AET’s President & CEO…

Insights: How Indonesia, the World's Top Thermal Coal Exporter, Hit a Supply Crunch

Jan 07, 2022

Indonesia, the world's biggest thermal coal exporter, sent shockwaves through global energy markets this week by suspending exports of the fuel in January due to critically low coal supplies at domestic power plants.WHY DID INDONESIAN AUTHORITIES DECIDE TO ACT…

Ocean Infinity Acquires Red Rock

Oct 12, 2021

Marine robotics company Ocean Infinity announced it has acquired Red Rock, a technology company with solutions that will enable autonomous port operations, an enabler for future uncrewed shipping.Red Rock is developing digital and autonomous…

Great Ships of 2020: Seri Everest, World’s Largest Ethane Carrier

Dec 17, 2020

Seri Everest, the first in a series of three 98,000 cbm Very Large Ethane Carriers (VLECs) built at Samsung Heavy Industries Co., Ltd. (SHI) and delivered to MISC Berhad on October 30, 2020. Seri Everest is the first from a series of six VLECs that MISC purchased in July 2020…

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