Asia
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Nissen Kaiun opts for Onomichi product tankers
The rapid fleet rejuvenation programme at Japanese shipping line Nissen Kaiun continues at pace with brokers reporting a product carrier…
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Tanker blast kills two at Chittagong dockyard
Two workers were killed and three others injured in an explosion incident at a dockyard in Chittagong yesterday. According to…
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Kim Heng acquires two vessels, flips one of them
Singapore’s Kim Heng Offshore & Marine continues to take advantage of the depressed OSV market with the acquisition of two…
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Keppel secures new contracts worth $51m
Singapore’s Keppel Offshore & Marine has secured two contracts with a combined value of around S$70m ($51.4m). Keppel FELS Brasil…
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Where will newbuild prices go in the next 18 months?
Most analysts tell chief correspondent Jason Jiang that shipyards should be able to push through further price increases soon. Chinese…
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Mermaid Maritime awarded $16m Arabian Gulf contract
Thailand’s Mermaid Maritime has been awarded a subsea services contract in the Middle East. The contract award, valued at $16m,…
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Sabah Port officials detained for corruption investigations
A director of Malaysia’s Sabah Ports and Harbours and three directors from the port’s contractors have been remanded by authorities…
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Attacks on ships in Asia drop to lowest levels seen in a decade
The ReCAAP Information Sharing Centre (ISC) today released its half-yearly report, with good news to report as the levels of…
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Zodiac Maritime behind Sanko LPG exit
Brokers are linking Eyal Ofer’s Zodiac Maritime as the buyer behind Sanko Steamship’s sale of its last pair of LPG…
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Soechi Lines acquires product tanker from ICBC Leasing
Indonesian owner Soechi Lines has acquired a 16,900 dwt small chemical product tanker from China’s ICBC Leasing. The 2010-built tanker …
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Barakah Offshore awarded contract extension by Petronas
Malaysian offshore engineering specialist Barakah Offshore Petroleum has received a conditional contract extension from Petronas for the provision of transportation…
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Ezra Holdings looks to judicial management after being abandoned by white knight
Hong Kong online regional financial consultancy Asia Fund Space Group has abandoned its plans to acquire new shares in Singapore’s…
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Fire hits VLCC at Gadani
A major fire erupted onboard a decommissioned VLCC under demolition at Pakistan’s Gadani recycling area yesterday, just days after the…
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BW takes the proxy route in fight to take over Dorian LPG
Having made two bids to acquire rival Dorian LPG, BW LPG is plotting a different course to take over the…
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New Iraqi tanker owner nabs BW VLCC resales
Brokers are linking fast emerging Iraqi tanker player Al-Iraqia Shipping Services & Oil Trading (AISSOT) with a resale pair of…
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Marinakis orders LNG carrier quartet at Hyundai Heavy
South Korean shipbuilder Hyundai Heavy Industries (HHI) has announced that it has secured a contract from newly formed Evangelos Marinakis-led…
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H-Line orders LNG-powered capes
In an all South Korean newbuild deal, local owner H-Line has gone to Hyundai Heavy Industries for a pair of…
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South Korean shipbuilders call on steel producers to freeze plate prices
The Korea Offshore & Shipbuilding Association (KOSHIPA) today released a statement calling on domestic steel producers to keep the prices…
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Dorian LPG shareholder Seacor throws weight behind BW offer
Seacor Holdings, one of the founders and a major shareholder of Dorian LPG, has thrown its weight behind an acquisition…
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Hyundai Mipo secures tanker order from OSG
South Korean yard Hyundai Mipo Dockyard has secured a newbuilding order from US owner Overseas Shipholding Group (OSG) for the…
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