Asia
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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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Icon Offshore moves to expand offshore business with rig acquisition
Malaysian offshore vessel operator Icon Offshore is looking to acquire a subsidiary of Perisai Petroleum that owns the jackup rig…
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Larger bulkers in vogue at Eastern Pacific after latest capesize purchase
Idan Ofer’s Singapore-based Eastern Pacific Shipping (EPS) has acquired Japanese-built (2010) capesize bulker . Seasure Shipbroking is reporting that EPS…
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Shipping reacts to Japan’s decision to shut 100 coal power plants
News yesterday that the Japanese government is looking to shutter 100 out of its 140 remaining coal-fired power stations has…
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Five crew kidnapped from PIL multipurpose vessel
The 2013-built 27,000 dwt multipurpose cargo vessel has been boarded by armed pirates offshore Cotonou of Benin in West Africa.…
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Hyundai Glovis seals five-year transportation contract with Volkswagen
Hyundai Glovis, the auto shipping unit of South Korea’s Hyundai Motor Group, has signed a five-year KRW2bn ($432m) maritime transport…
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Yinson settles with PTSC over FPSO termination
Malaysian FPSO operator Yinson Holdings has announced that its 49% owned joint venture in Vietnam PTSC Ca Rong has executed a…
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Manila creates dedicated ‘green lane’ for seafarers
The government in the Philippines, the world’s top crewing hub, is creating a green lane for seafarers to finally speed…
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Sohmen-Pao to co-chair Singapore decarbonisation panel
Andreas Sohmen-Pao will chair another body in Singapore as the Southeast Asian republic looks to influence shipping’s decarbonisation debate. Supported…
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Is Hambantota an unwitting pawn in the new political order?
It was recently announced by China Merchants Port Holdings (CMPH) that it was transferring 23.5% of its 85% shareholding of…
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Abu Sayyaf restarts kidnap-for-ransom at sea campaign
The Philippine Coast Guard is warning a faction of the terrorist group Abu Sayyaf is hunting vessels in Southeast Asia…
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Mermaid Maritime diversifies
Thailand’s Mermaid Maritime has announced that its subsidiary Mermaid Subsea Services has established an offshore transportation, installation, and decommissioning services…
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Alang coronavirus scare sparks concern of another demo closure
Shipbreaking, which had only recently gradually emerged from lockdown, risks being put back on hold as news emerges of four…
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Green light for new 10m teu port north of Mumbai
Mumbai, home to India’s busiest port, is slated to get another satellite port later this decade to alleviate congestion concerns.…
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Orient Express Lines rebrands as Strait Orient Lines
Singapore’s intra-Asia boxship operator Orient Express Lines has rebranded as Straits Orient Lines Singapore (SOL), effective today. The company said…
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CNTIC VPower acquires elderly LNG carrier from Karmol
Singapore-based CNTIC VPower LNG Logistics, a joint venture between China National Technical Import and Export Corporation (CNTIC) and Hong Kong’s…
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