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Asia
Petronas falls short in fundraising goal
Kuala Lumpur: Asia’s second-largest dollar bond issue was concluded today to muted applause. Malaysian energy giant Petronas’s $5bn deal was…
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Asia
Petra Energy wins topside maintenance services contract
Kuala Lumpur: Petra Energy has been awarded the topside maintenance execution services for the Gumusut Kakap floating production system by…
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Environment
Hong Kong takes step towards becoming an ECA
Hong Kong: Ships berthing at Hong Kong, one of Asia’s pioneers of green shipping, will likely need to use low…
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Asia
Western Australia ports brace for cyclone, anchorages cleared
Sydney: The ports of Dampier and Ashburton have had their anchorages cleared today ahead of a likely hit by a…
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Greater China
Rongsheng announces ‘substantial disposal’, suspends trading of shares
Hong Kong: Bust shipbuilder China Rongsheng Heavy Industries Group Holdings suspended trading of its shares this morning on the Hong…
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Asia
Cam Ranh Port readies IPO
Hanoi: Cam Ranh Port in the central area of Vietnam has set a VND63bn ($3m) goal from at its initial…
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Europe
BW Offshore offloads Opal VLCC
Singapore: BW Offshore has sold the VLCC BW Opal for $85.5m to BW Group. The agreement also includes an option…
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Europe
Denzil Stuart, famous name in marine insurance, dies aged 83
London: Denzil Stuart, one of the best-known names in shipping insurance has died, aged 83. Stuart was both a journalist…
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Asia
Singapore Shipping Corporation charters PCTC to NYK
Singapore: Singapore-listed Singapore Shipping Corporation (SSCL) has fixed a term loan facility of up to $77m with an unspecified Japanese…
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Asia
Gas production starts at Pelikan
Jakarta: Energy firm Premier has revealed gas production from the Pelikan field in the Natuna Sea Block A, offshore Indonesia…
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Dry Cargo
Phoenix back for more Qingshan handies
Shanghai: A Greek owner has ordered another four handysize bulk carriers in China. Phoenix Shipping & Trading has opted for…
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Asia
Keppel offloads controlling stake in UK offshore tech firm
Singapore: Amid a period of low oil prices that are hitting its bottom line, Keppel Corporation, the parent of one…
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Europe
BOA Offshore heads to NorYards
Oslo: BOA IMR, a new BOA Offshore subsidiary, has contracted NorYards Fosen for a light construction/IMR vessel with delivery scheduled…
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Europe
Jan De Nul orders world’s most powerful cutter section dredger
Rotterdam: Dutch dredging firm Jan De Nul has returned to Croatia to place an order for what will be the…
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Greater China
Government urges Yangzijiang Shipbuilding to take over troubled Rongsheng
Shanghai: In one of the more dramatic shipyard consolidation moves so far for China, Beijing has moved to get the…
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Asia
Triyards scores $175m in new contracts
Singapore: Triyards has secured deals for two ice-class multi-purpose support vessels (MPSVs) as well as a turret fabrication job worth…
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Dry Cargo
Louis Dreyfus snaps up bulker pair
Paris: Louis Dreyfus Armateurs (LDA) has snapped up a pair of just-built bulkers for a very reasonable price. LDA paid…
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Europe
Yamal LNG taps Zeebrugge for winter transhipment
Zeebrugge: The port of Zeebrugge’s efforts to position itself as an LNG hub are bearing fruit. Yamal LNG and Fluxys…
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Asia
Shippers doubt government’s claims that Manila port is free of congestion
Manila: Claims by the government that port operations in the capital have returned to normal after 13 months of disruption…
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Greater China
Buchanan returns to Hong Kong with the Liberian Registry
Hong Kong: A well-known face in Hong Kong shipping circles has returned. Gerry Buchanan, formerly managing director of Wallem Ship…
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