Asia
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EU antitrust investigation into Hyundai Heavy’s DSME merger put on hold again
EU antitrust regulators have put their investigation into Hyundai Heavy Industries’ $1.8bn merger with Daewoo Shipbuilding & Marine Engineering (DSME)…
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Keppel awarded FPSO contracts by Modec
Keppel Offshore & Marine has secured two contracts worth S$73m ($52.4m) from Modec for FPSO module construction works. Keppel Shipyard…
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Prima Marine orders small tanker trio at Zhejiang Shenzhou
Thai tanker owner Prima Marine has returned to Chinese yard Zhejiang Shenzhen Shipbuilding for the construction of three 3,000 dwt…
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Kogas sets up LNG bunkering joint venture
Korea Gas Corp (Kogas) has partnered up with five other Korean companies for the set up of an LNG bunkering…
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Brokers rush to offload parts of the Ocean Tankers fleet
With a restructuring deal in the offing, brokers are rushing to sell off tonnage from Ocean Tankers, the deepsea shipping…
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Bangladeshi widow wins landmark shipbreaking ruling
In a landmark decision that could shake up the ship recycling trades irrevocably, a judge in London has ruled that…
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Abandoned crew scrawl their desperate plight along ship’s hull
Twelve crewmembers onboard the 1985-built 5,500 dwt oil tanker are desperately looking for help as the vessel has been stranded…
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Precious Shipping and Sainty Marine settle newbuild contract dispute
Thai bulk carrier owner Precious Shipping has entered into a settlement agreement with Jiangsu Guoxin Investment Group, the parent of…
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Namsung Shipping orders feeder boxship pair at Dae Sun
South Korean boxship operator Namsung Shipping has placed an order at domestic yard Dae Sun Shipbuilding for the construction of…
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K Line targets more FPSO business with Yinson and Sumitomo
Japan’s Kawasaki Kisen Kaisha (K Line) is joining compatriot Sumitomo Corporation and Malaysia’s Yinson Holdings, taking a 10% stake in an…
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Swire Bulk separates from China Navigation
China Navigation (CNCo) announced today its intention to separate out its dry bulk shipping activities from its liner shipping and…
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Ardmore rejects ‘highly opportunistic’ Hafnia takeover offer
BW Group’s product tanker arm Hafnia revealed that it has proposed a combination with New York-listed product tanker owner Ardmore…
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Berge Bulk takes K Line newcastlemax
Kawasaki Kisen Kaisha (K Line) is pruning its fleet, letting go of a newcatlesmax and a post-panamax. James Marshall-led Berge…
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H-Line in for five VLOC resales
Allied Shipbroking is reporting five Polaris Shipping VLOCs under construction at Hyundai Heavy Industries have been snapped up by fellow…
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Nomikos bulker charged in Philippine trawler collision case
The Philippine Coast Guard has filed criminal charges against the owner and crew of the bulk carrier , accused of…
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K Line toughens its 2030 green targets
Kawasaki Kisen Kaisha (K Line) has amended its environmental targets, making for a far stricter cut in greenhouse gas emissions…
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CSSC secures $120m Payra Port contract
China State Shipbuilding Corporation (CSSC) has announced that an affiliate of the group has secured an EPC project for the…
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South Korea looks to lead smart port development
Having recently earmarked $132m to develop and commercialise home grown autonomous technology for ships, the South Korean government is now…
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India welcomes 20,000 teu ships for the first time today in crew change operation
India welcomes today the largest ever boxships to call at the country. However, the trio of 20,000 teu ships are…
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Asian coal demand fills the gap left by Japan and Europe
Coal’s demise as a significant backbone to the global dry bulk trades is not coming any time soon, new research…
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