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Greater China
Dandong gets port logistics investment
Dalian: Dandong municipal government has signed a strategic cooperation agreement with China CO-OP Group, the largest agriculture-related logistics enterprise in…
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Greater China
Xiamen to welcome Crystal Symphony next spring
Xiamen: Xiamen is becoming a more popular homeport for international cruise lines. Crystal Symphony, the sister ship of Crystal Serenity…
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Asia
Bina Buana Raya closes in on Jakarta IPO
Singapore: Marco Polo Marine has announced that 49% owned associate company Pt. Pelayara Nasional Bina Buana Raya (BBR) has…
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Asia
Golden Stena Weco snaps up first product tanker
Singapore: Newly formed jv Golden Stena Weco has just announced it has invested in its first tanker. The…
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Asia
Alam Maritim diversifies into properties
Kuala Lumpur: Keen to diversify its revenue stream Malaysia’s offshore operator Alam Maritim Resources has created a new subsidiary, Alam…
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Asia
Japan to Thailand service for APL
Singapore: Singaporean boxline APL has introduced a new weekly service to enhance its network coverage in East Asia. The new…
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Asia
Creditors pick over the bones of Baxus Marine
Singapore: The six creditors of bunker supplier Baxus Marine will meet on December 11 to go over the liquidation details…
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Asia
Relief as Jurong Shipyard workers leave hospital
Singapore: There is a keen sense of relief in Singapore with official news that out of the 89 workers injured…
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Greater China
Major ports show negative growth
Shanghai: Major ports of China showed negative growth during the third quarter, which should be the peak season for the…
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Greater China
CIMC to relist in Hong Kong
Hong Kong: China International Marine Containers (CIMC), the world’s largest shipping container manufacturer is transferring its listing from the mainland…
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Greater China
China to cut taxes for iron ore miners
Beijing: China is considering cutting taxes for domestic iron ore miners to help domestic mining firms compete with overseas rivals.…
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Greater China
Shell readies huge investment in China
Beijing: Europe’s largest oil company Royal Dutch Shell said it will invest around US$1bn annually in its upstream businesses in…
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Greater China
Boxports latest: Shenzhen overhauling HK, Dalian fastest grower and Yingkou vaults into top 25
Hong Kong: Hong Kong, until 2005 the busiest boxport in the world, is likely to relinquish third spot to Shenzhen…
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Asia
Jurong Shipyard accident: reactions
Singapore: Yesterday’s accident at Sembcorp Marine’s Jurong Shipyard, when one of the legs of a jackup rig failed causing…
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Asia
Hanoi edict to bar foreign-flagged boxships on domestic routes
Hanoi: As the nation struggles with overcapacity Vietnam has said that from January 1 next year all boxships on domestic…
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Greater China
CSCL sells containers
Hong Kong: China Shipping Container Lines (CSCL) announced that the company’s subsidiaries have reached agreement with CLC Maritime Container Leasing…
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Greater China
KHI looks to China for salvation
Tokyo: Japan-based Kawasaki Heavy Industries’ earnings from its shipbuilding business in China for the period of April 2012-March 2013 is…
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Greater China
PetroChina issues RMB20bn bonds
Beijing: PetroChina has announced today that it will issue RMB20bn worth of bonds from November 22. The bonds will be…
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Greater China
ABS joins hands with CSBC
Houston: Classification society ABS has signed a strategic agreement with Taiwanese shipbuilder CSBC. According to the agreement, ABS agrees to…
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Greater China
Rongsheng’s S’pore offshore unit vital to future earnings
Hong Kong: China Rongsheng Heavy Industries Group Holdings reckons a new offshore-energy equipment unit headquartered in Singapore may generate half…
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