Asia
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Singapore Maritime Network: Playing to its strengths
Singapore: Captain Mohit Batra is good at that most essential business function: networking. So good in fact he has made…
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NOL share price soars on acquisition rumours
The share price of Neptune Orient Lines leapt further this morning in early trading as rumours abounded of a possible…
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DSME suing Songa Offshore for $179m
Daewoo Shipbuilding and Marine Engineering (DSME) has filed a claim submission for $179m against Songa Offshore, regarding the construction contract…
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Piracy hotspot cooling off?
Beefed up patrols by the littoral states appear to be working. Southeast Asia is the world’s hotspot for piracy, but…
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Triyards diversifies further with escort tug contract
Singapore’s Triyards Holdings has further expanded its offerings in what is a difficult market for its traditional liftboat market, winning…
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Cosco gets $3.14bn financing from China Development Bank
China’s Cosco Shipyard has secured RMB20bn ($3.14bn) in financing from the Dalian branch of China Development Bank, which will be…
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STX Offshore & Shipbuilding on the brink
STX Offshore & Shipbuilding is on the verge of liquidation unless a large amount of money can be pumped into…
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Splash publishes definitive maritime guide to Singapore
High local costs and limited human resources remain the two largest sources of complaints for those involved in shipping in…
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South Korea to check profitability of all ship orders
The South Korean government has announced that the state-run financial institutions will commence profitability checks on shipbuilding orders and large…
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Pioneer Marine rejigs orderbook amid falling bulker prices
Arguably Singapore’s fastest growing shipowner Pioneer Marine has made big changes to its orderbook to make the most of opportunities…
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Iceland’s president calls for coordinated Arctic port development
Singapore, where average daily temperatures hover around 30 degrees Celsius, does seem to be on a quest to fill out…
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Direct Search Asia: HR issues in Singapore
Singapore: Recruitment firm Direct Search Asia is now very firmly hitting its stride. Founded last year by Jason Tay, who…
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Mittals fight for control of Singapore subsidiary
Mercator Lines (Singapore) has moved to suspend its stock from trading in the Lion Republic as Germany’s HSH Norbank applies…
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Four SSY brokers quit in Singapore to form own firm
Four S&P shipbrokers have quit Simpson Spence & Young in Singapore to form their own broking outfit called Avalon Shipbrokers.…
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Ardmore sells small chemical pair for $38.5m
Ardmore Shipping has sold two 17,600 dwt five-year-old chemical tankers – and Ardmore Capella – for a total of $38.5m…
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NYK and Astomos sign for twelfth VLGC
Nippon Yusen Kaisha (NYK) has concluded another time-charter contract for a new VLGC with Astomos Energy Corporation, the giant Japanese…
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Liner heavyweights enter the ring for NOL crown
One thing we can say about Neptune Orient Lines’ (NOL) likely winning suitor is they have blue hulls. My take…
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Navigator orders midsize LPG carrier at Hyundai Mipo
Navigator Holdings has announced today that it has entered into a contract with Korea’s Hyundai Mipo Shipyard for the construction…
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Dredging sought around Ho Chi Minh City
The congested waterways around Ho Chi Minh City are set for an upgrade. Local authorities have asked central government for…
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MISC denies Bumi Armada tie-up
MISC, the shipping arm of energy giant, Petronas, has come out with a release on the local stock exchange denying…
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