Asia
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Nisshin Kaiun sells another cape
Nisshin Kaiun has been active this year, selling two capes. First out the door was the 11-year-old, 176,000 dwt, Namura-built…
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Sapura Energy awarded new contracts worth $457m
Malaysia’s Sapura Energy has revealed recent contract wins worth a total of MYR1.85bn ($457.5m). The contracts include projects with Saudi…
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Jurong Port tipped to take over giant oil storage facility
State-run Jurong Port is set to take over Universal Terminal, one of Singapore’s largest oil storage terminals, buying the shares…
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MISC awards FPSO conversion contract to CIMC Raffles
Malaysian national shipping group MISC has entered into a contract with Chinese yard CIMC Raffles to convert a VLCC into…
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MOL and Bearing expand partnership to develop AI-powered smart routing engine
Japan’s Mitsui O.S.K. Lines (MOL) has announced that it has expanded its collaboration with Silicon Valley-based AI technology startup Bearing to…
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Gibson opens India office
E.A. Gibson Shipbrokers has officially opened its new office in Mumbai. The tanker specialists have been approved by local oil…
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Mitsubishi Heavy Industries sets out to commercialise the use of CO2 carriers
The country that created the LNG seaborne trades is setting out to commercialise the shipping of carbon dioxide. Japanese shipbuilder…
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Japanese sub hits cape while surfacing
A submarine from Japan’s Maritime Self-Defense Force collided with a Hong Kong-flagged capesize yesterday, slightly injuring three on the sub.…
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Maersk Drilling awarded drillship contract in Korea
Maersk Drilling has been awarded a contract for 2013-built drillship by Korea National Oil Corporation (KNOC). The contract is to…
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Posco orders gas compression platform at Hyundai Heavy Industries
South Korean trading company Posco International has awarded a letter of intent to Korea Shipbuilding & Offshore Engineering, the shipbuilding holding…
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Vallianz and SeaTech form partnership to develop electric tugs
Singapore-based Vallianz Holdings has entered into a memorandum of understanding with SeaTech Solutions International to develop electric tugs. The tugs,…
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Sea Oil acquires bunker trading business of Pro Fuels
Bangkok-based bunker trading company Sea Oil has announced its Singapore subsidiary Sea Oil Petroleum has acquired Norwegian company Pro Fuels’…
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Japan maps out ammonia ambitions
The Japanese government has today mapped out plans to develop significant ammonia fuelling plans for its utility and shipping sectors.…
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NYK orders its first LPG-powered VLGCs
Nippon Yusen Kaisha (NYK) is joining the throng of LPG owners getting ships fuelled by gas. The Japanese owner has…
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Chapter 11 filing for Asia Offshore Drilling
Chapter 11 cases have been filed in the Southern District of Texas for Seadrill’s wholly-owned subsidiaries under the Asia Offshore…
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South Korea to build $43bn offshore wind farm
South Korea has announced a $43bn plan to develop the world’s largest offshore wind farm by 2030 as part of…
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Eastern Pacific focused on larger bulk tonnage
There have been a large number of modern ultramaxes sold this year. Arguably the most notable has been the sale…
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Sizeable chunk of the global VLCC orderbook removed
The global VLCC orderbook has seen a sizeable chunk removed this week. South Korea’s Hyundai Heavy Industries and sister yard…
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Bulk carrier detained at Antwerp’s Liberation Dock highlights continued crew change difficulties
The plight of the crew onboard the bulk carrier highlights both the ongoing crew change crisis and subsequent supply chain…
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Titan LNG charters Green Zeebrugge long term from NYK
Ship fuel supplier Titan LNG is taking the on long term charter from Japan’s Nippon Yusen Kaisha (NYK). Previously known…
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