Asia
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Electromagnetic Geoservices wins survey contract in offshore India
Electromagnetic Geoservices (EMGS) has been granted a two-year permit to acquire 3D electromagnetic (EM) multi-client data within a 325,000-square-km area…
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Shipping on alert as rumours swirl around Daiichi Chuo
Following hot on the heels of last week’s demise of Global Maritime Investments (GMI), shipping is braced for a potential…
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Emerging Vietnamese tanker player in for another chemical carrier
Emerging tanker player Truong Phat Loc Shipping (TPL) has been linked as the buyer of the Yellow Ray, a small…
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Vietnam requires shipping firms to publicise freight tariffs
The Vietnamese government has announced that it is considering implementing a new decree that would require shipping companies to publicise…
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Hanjin Heavy cancels Golden Union cape pair
Two capesizes due to built for Greek firm Golden Union at Hanjin Heavy Industries & Construction’s shipyard in the Philippines…
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Nissen Kaiun in discussions to offload cape
Japan’s Nissen Kaiun is selling the 177,640 dwt Bulk India. The owner is in close negotiations with an unidentified Greek…
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Aurora’s Kenny Rogers roasts ecoships
The two-tier market for earnings caused by ecoships could come to an end if bunker prices remain low, a senior…
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Tanker panel split on what ship type to buy
A panel of tanker experts were divided on what ship type to invest in at today’s Marine Money Singapore Ship…
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New managing director for Swire Pacific Offshore
Swire Pacific Offshore (SPO) has a new managing director, Ron Mathison. Mathison has been with the wider Swire Group since…
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Parliament investigates corruption at cash strapped DSME
South Korea’s parliament has started an investigation into how one of the nation’s largest shipbuilders has suffered such a swift…
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Sale of shipbuilder SPP to start in earnest next month
The main creditor of South Korea’s SPP Shipbuilding will look to offload the yard next month. Woori Bank will send…
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Former chairman buys out Singapore’s Jasper Investments
Singapore-listed offshore firm Jasper Investments has been bought out by a former chairman. Triton Investments No. 8 is paying S$1.25m…
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Urea carrier catches fire in Indonesia
An ancient Indonesian bulk carrier caught fire yesterday morning, the latest accident involving fertilizer. The 1976-built, 11,196 dwt urea carrier…
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Jason Marine: Broadband for all ships inevitable
Singapore: It won’t be long before all ships have broadband internet, claims the head of a leading Singapore tech firm…
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In debt Indonesian boxship stormed by locals in Batam
A containership owned by Indonesian Fortune Lloyd was stormed and taken over on Friday afternoon. The ship, Sally Fortune (2009…
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DSME lends $114.5m to SBM Shipyard
Daewoo Shipbuilding & Marine Engineering (DSME) is to lend a total of KRW 133bn ($114.5m) to SBM Shipyard to extend repayment…
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Two LPG carriers ordered at DSME
South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has received an order for two large LPG carriers from an undisclosed…
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‘Death ship’ inquest finds foul play ‘unlikely’
Blood analysis conducted as part of an inquest into how two men died onboard the ‘death ship’ Sage Sagittarius has…
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Samsung merger back on the cards
An on/off merger between two parts of the Samsung empire looks possible again. Samsung Engineering CEO Park Jung-heum has said…
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North Korea seeks return of ship held in Mexico
Radio Free Asia reports that North Korea is planing to send a crew to take back a cargo ship held…
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