Asia
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Essar Energy to start drilling in India and Vietnam
Kuala Lumpur: Essar Energy plans to start exploratory drilling at its blocks off Mumbai and Vietnam in September or October,…
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Japanese shipbuilding giants join forces for LNG repair venture
Tokyo: Japan’s ongoing consolidation of its shipyard scene has seen two of the biggest names in the sector come together…
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Cochin Shipyard to build multipurpose vessels for offshore industry, Navy
Cochin: The Indian government owned Cochin Shipyard Ltd (CSL) is to construct multi-purpose vessels for the offshore industry as well…
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Global port operators reject Indian shipping ministry’s re-bid offer
New Delhi: The contentious issue of regulated port tariffs has once again come in the way of resolving the stand-off…
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Keld Pedersen takes over as MD of Gujarat Pipavav Port
Mumbai: Keld Pedersen will succeed Prakash Tulsiani as managing director of the APM Terminals (APMT) operated Gujarat Pipavav Port (GPPL),…
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Chinese seafarer kills two colleagues
Manila: In a horrific attack, a Chinese seafarer killed two of his colleagues with a knife, and injured another crewmember…
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Mercator’s Singapore dry bulk division admits financial difficulties
Singapore: The dry bulk subsidiary of one of India’s best known names in shipping has admitted it is in serious…
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BW LPG buys resale contracts for four VLGCs at Daewoo
Singapore: BW LPG has signed a $290m deal to acquire the resale contracts for four VLGCs being built at South Korea’s Daewoo…
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AP Pollution Control Board to conduct public hearing on Vizag port projects
Visakhapatnam: The Andhra Pradesh Pollution Control Board is to conduct a public hearing today (Friday) in front of the administrative…
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Colombo Port City Project criticised at People’s Tribunal; resumption doubtful
Colombo: Environmentalists and members of the general public have panned the controversial China-funded Colombo Port City Project (CPCP) as one…
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Escape and evasion during Singapore Maritime Week
Singapore: Maritime conferences are generally hard work and educationally focused. As such, a smart attendee should plan for both diurnal…
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ABG Shipyard’s creditors demand stake sale by promoters
Mumbai: Creditors of financially troubled shipbuilder ABG Shipyard have begun exerting intense pressure on the company’s promoters to offload a…
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People’s Tribunal to debate reality of Colombo Port City Project
Colombo: Transparency International Sri Lanka (TISL) has organised a People’s Tribunal in order to ascertain the reality and truth behind…
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Dredging Corporation of India to diversify into inland waterways, foreign markets
Visakhapatnam: Dredging Corporation of India (DCI) is seeking to diversify from its core dredging activity and become a nodal agency…
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Mercator looks to cost-cutting, vessel scrapping, to stay afloat
Mumbai: With dry bulk freight rates continuing to hit new lows on a daily basis, companies with diversified fleets are…
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Kerala state government pushes for cabotage relaxation for Vizhinjam
Cochin: The Indian central government has promised to consider the Kerala state government’s request that Vizhinjam port be granted cabotage…
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Cash lifeline for SPP
Seoul: Beleagured MR product tanker specialist SPP Shipbuilding has been granted another financial lifeline. The Korean yard, which has been…
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Russia’s Sakhalin LNG plant delayed by at least two years
London: Western sanctions against Russia may cause Rosneft to delay start-up of its Sakhalin LNG plant by at least two…
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Pinto, Singhal resign from Essar Shipping board
Mumbai: Former Shipping Secretary Michael Pinto, who also served as Director-General of Shipping and chairman of Jawaharlal Nehru Port Trust,…
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Bumi Armada to slash workforce as offshore slump bites
Kuala Lumpur: Malaysian offshore operator Bumi Armada is set to make organisational changes as it struggles to cope with poor…
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