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Greater China
COSCO Guangdong gets two PSV options
Singapore: COSCO Corporation has announced that two option contracts awarded to COSCO (Guangdong) Shipyard, a subsidiary of COSCO Shipyard Group,…
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Greater China
Xiamen developing cruise infrastructure rapidly
Shanghai: Xiamen is developing rapidly as a cruise hub, with local authorities reporting that some 26 cruiseships are expected to…
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Greater China
OOIL is Jefferies’ top liner pick
Hong Kong: Investment bank Jefferies’s latest transport report has kept Hong Kong’s OOIL as its top liner pick among listed…
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Greater China
Brightoil spending $1.08bn to buy out Anadarko’s China assets
Hong Kong: Brightoil Petroleum Holdings is buying Anadarko Petroleum’s China business for $1.08bn, making good on Brightoil’s boss claims to…
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Greater China
Vale confident its ships will enter China soon
Rio de Janeiro: The head of Vale’s iron ore unit, Jose Carlos Martins, has dismissed Beijing’s latest port restrictions as…
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Greater China
Jinhui sells bulker pair to Grimstad for $56m
Hong Kong: Hong Kong-listed Jinhui Shipping and Transportation has made $56m from selling two handymax bulkers to Grimstad Shipping. “The…
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Asia
Collision avoidance
Commander Nicholas Iliopoulos, a master mariner, looks at best practices when transiting the busy Singapore and Malacca Straits. The recent…
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Asia
Korean Register: Class societies must diversify
Busan: Class societies face a tough year and had best diversify their revenue base, suggests Chon Young-kee, the head of…
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Middle East
No need for foreign tankers, NITC boss claims
Dubai: Iran has no need for foreign tankers to ship its crude, the head of the national tanker firm has…
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Middle East
India keen to develop Chabahar links
Dubai: India is keen to set up regular container routes to Iran’s southeastern port of Chabahar, a delegation visiting from…
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Greater China
Hong Kong to get dedicated maritime bureau
Hong Kong: Finally, the Hong Kong government is to focus more attention on shipping. A new maritime bureau, which will…
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Greater China
Fujian to establish local cruise company within 5 years
Guangzhou: Fujian Department of Communications has just released a guidance regarding the enhancement of water transport services. According to the…
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Greater China
Agritrade Resources sells shares to fund ship acquisitions
Hong Kong: Hong Kong-listed mine operator, Agritrade Resources, announced that the company is to purchase 12 vessels including six towage…
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Greater China
Zhenhua inks jackup pair
Shanghai: The Chinese port machinery company, Zhenhua Heavy Industry, has inked contracts with Lovanda Offshore and Lovansing Offshore to build…
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Asia
Pertamina pushes bunker project
Jakarta: State run energy giant Pertamina is expanding its bunker storage capacity on the island of Sambu. Once complete the…
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Asia
Concordia Maritime and Shell Singapore cooperate
Singapore: Concordia Maritime has signed an agreement with Shell Tankers Singapore covering the employment of the P-MAX tankers Stena Penguin…
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Asia
Singapore Shipping Corporation offloads car carrier
Singapore: Singapore Shipping Corporation continues to reduce its shipowning exposure while raising its investments in other parts of the maritime…
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Asia
Vietnam launches its longest sea bridge construction
Ho Chi Minh City: Construction of Vietnam’s longest sea bridge, Tan Vu-Cat Hai Bridge, was launched over the weekend in…
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Asia
Vallianz completes issuance of capital securities to Rawabi
Singapore: Vallianz Holdings has announced that it has completed the issuance of redeemable convertible capital securities to Rawabi for a…
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Asia
Humpuss earmarks $600m for fleet expansion
Jakarta: Indonesian shipping line Humpuss Intermoda Transportasi is looking to raise $500m in bank loans to fund 80% of its…
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