Asia
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India moves to regulate freight charges
India is updating merchant shipping regulations and has outlined plans to regulate freight charges. The draft Merchant Shipping Bill, posted…
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Keppel Shipyard secures $75m FPSO project
Singapore’s Keppel Offshore & Marine, through Keppel Shipyard, has secured a contract worth about S$100m ($74.7m) for the fabrication and…
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Eastern Pacific staff set out on equatorial challenge
In an ambitious fundraising mission, employees of Eastern Pacific Shipping – both ashore and at sea – are setting out…
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ABS and DSME partner up on solid oxide fuel cell development
Classification society ABS and South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) have signed a joint development project (JDP)…
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Japanese entities join forces on hydrogen marine fuel development
A group of Japanese companies and institutions have teamed up for the research and development of hydrogen fuel for commercial…
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Tokyo Gas joins Chiba offshore wind projects
Tokyo Gas has joined the joint venture established by Shizen Energy and Canada’s Northland Power for the development of offshore…
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Zodiac Maritime takes two Xihe VLCCs
In the latest sell-off from Xihe creditors in Singapore, Eyal Ofer-led Zodiac Maritime has snapped up two VLCCs, the 2011-built…
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South Korea’s fair trade watchdog hits GTT with $11.3m fine
France’s Gaztransport & Technigaz (GTT) has been hit with a €9.5m ($11.3m) fine from the Korea Fair Trade Commission (KFTC)…
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Ørsted plans offshore wind projects in South Korea
Danish clean energy specialist Ørsted has signalled its intention to develop South Korean offshore wind projects off the coast of…
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India looks to double oil refining capacity in next five years
India is planning to double its oil refining capacity in the next five years, the country’s prime minister Narendra Modi…
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Greek boxship scythes into grounded Iranian vessel off Batam
The 5,576 teu containership grounded off Batam in Indonesia on Sunday, scything into another grounded boxship, new videos show. The…
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MOL installs microplastic collection device on wood chip carrier
In an industry-first, Japan’s Mitsui OSK Lines (MOL) has installed a microplastic collection device on one of its ships. MOL…
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Samsung Heavy wins suezmax orders as well as giant Zvezda contract
Centrofin Management has been revealed as the firm ordering a raft of suezmaxes at Samsung Heavy Industries. The Korean yard…
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MOL develops app with Microsoft that slashes hours of data input
Mitsui OSK Lines (MOL) has developed a new app which carries out real-time processing of ship operational data, the latest…
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BW Offshore halts New Zealand FPSO liquidation
BW Offshore has entered into an agreement with the New Zealand government regarding the demobilisation of the FPSO . Tamarind…
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Hyundai Mipo terminates car carrier newbuilding contract
South Korean shipbuilder Hyundai Mipo Dockyard has announced the termination of a newbuilding contract for the construction of four pure…
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Sapura Energy wins new contracts worth $148m
Malaysia’s Sapura Energy has announced the award of several contracts in both engineering and drilling worth a total of around…
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PIL defaults on notes payment
Under pressure Pacific International Lines (PIL) told the Singapore Exchange on Monday it would not pay back S$60m ($44.6m) of…
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Venkatraman Sheshashayee returns to maritime
A well-known name in Singapore shipping circles has been enticed back into the sector. Venkatraman Sheshashayee, former head of Jaya…
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Vroon secures shipmanagement contract with Brunei owner Jisco Marine
Dutch outfit Vroon, via Vroon Offshore Services (VOS) Singapore, has secured a ship management contract with Brunei owner Jisco Marine…
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