Asia
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Sapura Energy awarded $417m worth of new contracts
Malaysian offshore service provider Sapura Energy has secured several new contracts worth a combined value of RM1.75bn ($417m). Sapura Energy’s…
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Seoul readies another $1.5bn to salvage nation’s struggling yards
In a move likely to further infuriate rivals such as Japan and Germany, the South Korean government today unveiled a…
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Maersk and DP World dragged into Mumbai port probe by PSA
Alleged anti-competitive practices are under investigation at India’s largest boxport as rival terminal operators clash. The Competition Commission of India…
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Singaporean authorities finally take action against Noble
Singapore authorities finally took action today against locally listed commodities trading house Noble Group more than three years after the…
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NYK developing its own digital currency to pay crew
Japan’s Nippon Yusen Kaisha (NYK) will soon introduce its own digital currency to pay its crew, Bloomberg is reporting. The…
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Kristian Gerhard Jebsen orders kamsarmax pair at JMU
Norwegian company Kristian Gerhard Jebsen has placed an order at Japan Marine United for the construction of two 82,000 dwt…
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Diana Shipping fixes capesize to Berge Bulk
Greek dry bulk owner Diana Shipping has entered into a time charter contract with Singapore’s Berge Bulk for 2006-built capesize…
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Eastern Pacific snaps up NYK boxship
Idan Ofer’s Singapore-based Eastern Pacific Shipping has snapped up 2008-built 6,661 teu boxship from Japan’s NYK Line. Eastern Pacific revealed…
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Chennai hit by another oil spill
Ennore port in India is handling another damaging oil spill today. The product tanker was discharging oil at the port…
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MTT Shipping orders up to six feeder boxships at Zhoushan Changhong
Malaysian containership operator MTT Shipping has entered into shipbuilding contracts with China’s Zhoushan Changhong International Shipyard for the construction of…
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Raffles Shipping books up to six chemical tankers at Wuchang Shipbuilding
Singapore’s Raffles Shipping is expanding its chemical tank fleet. The company has entered into a shipbuilding contract with CSIC-affiliated Wuchang…
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Yasa sells aframax to Soechi
Shortly after Yasa started recirculating five bulkers for sale, the Turkish owner’s fleet renewal is picking up pace. The first…
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PGS to sell survey vessel to JOGMEC
Norwegian offshore seismic service provider PGS has offered to sell its 2009-built survey vessel to the Japan Oil, Gas and…
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World’s largest liners launch new container shipping association
A.P. Moller – Maersk, CMA CGM, Hapag-Lloyd, MSC and Ocean Network Express plan to establish a container shipping association, which…
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HMM losses increase as line vows to spend more on big boxships
South Korean flagship HMM continues to lose money in a massive way, and responds by saying it will spend more…
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Japan to ease visa entry for foreign yard workers
Amid a demographic straightjacket Tokyo will open up its highly regulated visa program to get more foreigners to work at…
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NYK displays its vision of a decarbonised car carrier
Japan’s Nippon Yusen Kaisha (NYK) has unveiled a concept car carrier in its ongoing bid to decarbonise its fleet. The…
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Perdana Petroleum anchor handler contracted to ROC Oil
Malaysia’s Perdana Petroleum has been awarded a contract by ROC Oil for the provision of an AHTS vessel so support…
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NYK secures Unipec LNG charter
Japanese shipping major Nippon Yusen Kaisha (NYK) has fixed a four and a half year time charter deal for one…
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MOL boss admits ONE’s first year has been ‘shocking’
The CEO and president of Mitsui OSK Lines (MOL) has branded his new co-owned containerline’s financial results “shocking” and vowed…
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