Asia
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BULL grabs FSL product tanker pair by the horns
Indonesian tanker owner PT Buana Lintas Lautan (BULL) has splashed out $39.7m to buy 2006-built LR2 product tankers FSL Piraeus…
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Nam Cheong to expand offshore facility in Labuan
Malaysian offshore marine group Nam Cheong has signed an MOU to enter into a lease agreement with Labuan Corporation, an…
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Epic Gas acquires Japanese LPG carrier
Singapore-based LPG carrier operator Epic Gas has announced the acquisition of 2015-built 11,000 cu m LPG carrier . The Sasaki-built…
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Swire Pacific Offshore closing Swire Seabed
Singapore headquartered Swire Pacific Offshore says that it will be closing Swire Seabed AS and its three associated companies at…
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SK Gas, Korean National Oil and MOL team up on Ulsan chemical terminal development
SK Gas, Korea National Oil Corporation and MOL Chemical Tankers have entered into an agreement to jointly develop a chemical…
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Atlantic Gulf & Pacific invests in Kanfer Shipping
Philippines-based gas logistics company Atlantic Gulf & Pacific (AG&P) has made a strategic equity investment in Kanfer Shipping, a Norway-based…
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MOL moves ahead with bow wind-shields for larger boxships
Mitsui OSK Lines (MOL) has ramped up its bow wind-shield designs for larger boxships. Together with Samsung Heavy Industries, MOL…
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Euronav firms up Malaysian bunkering operations
Belgian tanker giant Euronav has signed a service agreement making Malaysia’s Linggi Port its supply base providing low sulphur fuel…
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Polaris in for newcastlemax pair at Waigaoqiao
South Korean owner Polaris Shipping has returned to Shanghai Waigaoqiao for a pair of newcastlemaxes as part of its ongoing…
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Japanese unite for Brazil FPSO project
Four Japanese conglomerates are proceeding with a deepwater FPSO charter project off Brazil. MODEC, Mitsui & Co, Mitsui OSK Lines…
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Mitsui E&S enters restructuring, 1,000 staff face the axe
Japanese shipbuilder Mitsui E&S Holdings is slashing its workforce and pushing through a restructuring. Local financial newswire Nikkei is reporting…
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Great Eastern pounces for suezmax pair
India’s Great Eastern Shipping has emerged as the buyer of two 14-year-old, 159,000 dwt suezmaxes, the and the . The…
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Singapore says LNG is the only viable fuel solution, readies incentives
Singaporean authorities are pushing LNG as shipping’s fuel of the future, readying a swathe of incentives for shipping companies that…
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Fire hits Japanese tanker off Singapore, 18 crew evacuated
A fire broke out onboard the 8,900 dwt product tanker near Horsburgh Lighthouse, eastern Singapore Strait, yesterday forcing 18 crew…
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Hyundai Oilbank leases oil terminal in Vietnam
Hyundai Oilbank, the refinery arm of Hyundai Heavy Industries, has leased an oil terminal in the southern Vietnamese coastal province…
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ONE stands out with unique scrubber approach
Japan’s Ocean Network Express (ONE) will be the only major container carrier to operate no scrubbers come the start of…
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K Line orders newcastlemax at JMU for JEF Steel charter
Japanese owner Kawasaki Kisen Kaisha (K Line) has entered into a newbuilding contract with Japan Marine United for the construction…
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Valesto awarded jackup contract by Carigali Hess
Malaysia’s Velesto Drilling, part of Valesto Energy, has been awarded a contract by Carigali Hess Operating Company for 2015-built jackup…
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US court rules in favour of ICTSI in long-running Portland case
Manila-headquartered International Container Terminal Services, Inc (ICTSI) has been handed $93.6m by a federal jury in the US over a…
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Dasin Holdings seals sale and leaseback for eight supramaxes with Cosco Shipping Leasing
Singapore-based bulker owner Dasin Holdings has sold eight supramax bulk carriers to Cosco Shipping Leasing under a sale and leaseback…
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