Asia
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Trescorp to develop oil terminal at Sohar Port
Oman’s Sohar Port has signed a $600m contract with Singapore-based oil trader Trescorp to develop a new oil terminal with…
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ICTSI to operate two ports in Papua New Guinea
Philippines port operator International Container Terminal Services (ICTSI) has signed 25-year agreements to operate two international ports in Motukea and…
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Polaris Shipping in for up to fifteen VLOCs at Hyundai Heavy
South Korean owner Polaris Shipping is close to clinching a deal with compatriot shipyard Hyundai Heavy Industries (HHI) for the…
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‘SGX and Baltic is essentially a combination of dry bulk and freight’
The head of the Singapore Exchange (SGX) has outlined how he sees London’s Baltic Exchange working in combination with its…
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Singapore identifies connectivity, innovation and talent in bid to stay at the top of maritime
Connectivity, innovation and talent are the three key themes Singapore’s leading shipping names want to promote and develop in their…
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Petredec extends Jiangnan VLGC series
Petredec, the world’s second largest owner of LPG carriers, has extended a series of 84,000 cu m. VLGC orders at…
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Meghna’s latest supramax buy clearly illustrates rising bulker prices
Clarkson Research has clearly illustrated how secondhand bulker prices have risen in the past 12 months. Aggressive Bangladeshi owner Meghna…
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Cochin Shipyard plans dramatic expansion across India
Cochin Shipyard (CSL) will establish shipbuilding and repair facilities in the Andaman and Nicobar Islands, Gujarat, Kolkata and Mumbai, according…
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BHP to carry out biofuelled shipping experiment
Biofuels are now being touted as a future fuel for shipping. A roundtable this week organised by the Maritime and…
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Malaysia’s transport minister slams liners’ decision to decamp to Singapore
The decision by the world’s newly formed container shipping alliances to concentrate their Southeast Asian transhipment activities in Singapore is…
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ICTSI buys into another Manila terminal
International Container Terminal Services Incorporated (ICTSI) of the Philippines has bought compatriot’s Petron Corporation’s 34.83% stake in the nation’s domestic…
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Glencore subsidiary ST Shipping faces lawsuit over ship impounded in Venezuela
The shipping subsidiary of commodities and mining multinational Glencore is being sued in federal court in the US state of Connecticut…
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MSC comes in for giant eleven 22,000 teu ship order at DSME
Mediterranean Shipping Corporation (MSC), the world’s second largest containerline, has confirmed orders with South Korea’s Daewoo Shipbuilding & Marine Engineering…
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Keppel bets on seaborne data centres
Keppel, the giant Singapore conglomerate involved in multiple industries from property through to telecoms and shipbuilding, has seen a possible…
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White knight swoops for Swissco’s OSV business
A Singapore venture fund has swooped to pick over the carcass of bust Swissco Holdings. Swissco’s judicial managers have approved…
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200,000 Thais support Kra Canal construction
Support is growing on home soil for the Thai Canal, a centuries old project better known as the Kra Canal,…
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PSA worker dies, trapped in a cable drum at the top of a crane
A man died today trapped in a cable drum at the top of a crane in Singapore terminal operator PSA’s…
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HMM stands out as only carrier to fail to secure higher rates in Q2
With interim results in for the leading containerlines around the world, one company sticks out for its failure to make…
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Muted celebration for Japan’s first new drydock this century amid rampant competition
Japan’s largest shipbuilder yesterday celebrated the official opening of the nation’s first new drydock this century with the yard’s boss…
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Campbell exiting supramax sector
Campbell Shipping is close to sealing a deal for the sale of a pair of Chinese supramaxes, brokers tell Splash.…
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