Asia
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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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MOL ups stake in Malaysian logistics outfit
Japanese shipping major Mitsui OSK Lines (MOL) has upped its stake in Malaysia’s PKT Logistics, boosting its car carrier supply…
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Imabari dominates container orderbook
Japan’s heyday in shipbuilding passed at the turn of the century, but in one key segment it still has a…
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AET orders shuttle tanker for Shell charter
AET, the tanker unit of Malaysia’s MISC Group, has officially reached an agreement with Shell for the time charter of…
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Mitsubishi to acquire 25% stake in Bangladesh LNG terminal
Japan’s Mitsubishi Corporation has reached an agreement to acquire a 25% stake of the Summit Liquefied Natural Gas (LNG) terminal…
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Emas Offshore forced off the Oslo Stock Exchange
Emas Offshore, part of Singapore’s Ezra Holdings, has once again been told it will be delisted from the Oslo Stock…
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Celsius makes $376m entry into LNG
Celsius Tankers, a unit of Danish owner Celsius Shipping, has placed an order at South Korean yard Samsung Heavy Industries…
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Seoul to provide financial support for Sinokor Heung-A merger
South Korea’s Ministry of Oceans and Fisheries has made plans to financially support the merger between two domestic containership operators…
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Two confirmed dead from Indian VLCC explosion
In an update Shipping Corporation of India (SCI) has confirmed two seafarers have died following Tuesday morning’s explosion onboard the…
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Jaya Samudra Karunia eyes more FSRU orders at PaxOcean
Indonesia’s Jaya Samudra Karunia (JSK) is eyeing more FSRU orders to meet the growing demand for clean energy in Asia.…
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