Asia
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Hyundai Heavy debuts reliquefaction system for LNG carriers
The world’s largest shipbuilder, Hyundai Heavy Industries (HHI), unveiled today a new reliquefaction system for LNG carriers. HHI said that…
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Perdana Petroleum settles contract dispute with Nam Cheong
Malaysia’s Perdana Petroleum has announced that subsidiary Petra Offshore and Malaysian shipbuilder Nam Cheong have come to a settlement regarding…
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Augustea in negotiations to sell new Pakistan transhipment project
Naples-based Augustea Group is in advanced stages of negotiation with a Chinese counterpart to sell the contract to build and…
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Another United Ocean handy sold
Debris from the demise of Japan’s United Ocean Group has showed up again in sales registers. The five-year-old handy was…
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Ultra Deep Solutions adding another DSV to fleet
Singapore-headquartered subsea specialist Ultra Deep Solutions has announced the commencement of the design, engineering and build of a new dive…
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AFC Mercury completes takeover of STX Corporation
AFC Mercury, a fund jointly launched by the Chinese Academy of Agricultural Sciences and a number of Chinese banks, has…
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China Navigation pockets $3.5m from swift asset play
China Navigation (CNCo) has nailed one of its best sale coups in a decade, offloading the one-year-old, 38,800 dwt open…
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Oldendorff signs up for more Vietnam transhipment work
German dry bulk owner Oldendorff has signed an integrated coal transport and transhipment agreement with Nghi Son 2 Power, a…
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Enesel orders aframax pair at Daehan
Greek owner Andonis and Filippos Lemos-led Enesel has placed an order at South Korean yard Daehan for the construction of…
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12,000 workers at Hyundai Heavy down tools
Some 12,000 unionised workers at the world’s largest shipbuilder downed tools today, in a strike that will likely last through…
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Liberty House plans to convert ABG Shipyard into a ship recycling site
Liberty House, the UK metals group owned by Sanjeev Gupta, plans to convert struggling ABG Shipyard into a steel plant…
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Bondholders approve Pacific Radiance restructuring plan
Singapore offshore vessel operator Pacific Radiance has secured approval from the majority of its bondholders to proceed with its proposed…
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POSH awarded accommodation contract by Petrobras
PACC Offshore Services Holdings (POSH) has been awarded a contract by Brazil’s Petrobras for semi-submersible accommodation vessel . The 750-person…
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Tina Revsbech departs BW Tankers
BW Group has confirmed that Tina Revsbech has left her role as CEO of BW Tankers. “BW and Tina parted…
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Nam Cheong resumes trading on the Singapore Exchange
Malaysia’s largest OSV player Nam Cheong resumed trading on the Singapore Exchange (SGX) today having swung back into the black…
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Hyundai Heavy completes shift to holding structure
South Korea’s largest shipbuilding group Hyundai Heavy Industries (HHI) has completed a significant corporate regrouping whereby it has moved to…
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Poor condition of handymax puts bids on hold in Singapore
No decent offers were made at Monday’s auction in Singapore for the 37,300 dwt handymax with a second round of…
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Private shipyards in India call for government support
A private shipyard body in India have urged the government to offer more support for struggling domestic private yards. The…
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Iceberg Research slams SGX for its ‘prehistoric’ regulatory environment
In his first interview with Splash since revealing he is the main man behind Iceberg Research, Arnaud Vagner has lashed…
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NYK looks at lasers to cut corrosion on ships
Japan’s Nippon Yusen Kaisha (NYK) is looking at using laser technology to reduce corrosion on its ships. NYK has signed…
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