Asia
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Thai tanker owner outlines huge fleet expansion post-IPO
Thai tanker owner Prima Marine has a raft of new ships in its sights having successfully completed an IPO in…
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Daelim Corporation bulker banned from Australian ports
The Australian Maritime Safety Authority (AMSA) has banned the 81,000dwt bulk carrier , owned by South Korea’s Daelim Corporation, from…
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Toyota pushes Japanese lines to order up to 20 LNG-fuelled car carriers
Japan’s big three shipping lines are in negotiations with the country’s leading yards for a massive car carrier order. With…
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Polaris sends vintage converted ore carrier for scrapping
South Korea’s Polaris Shipping has taken advantage of the current very strong demo rates to scrap one of its controversial…
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Trafigura lines up another Pakistani LNG terminal
Commodities trader Trafigura has outlined plans to build Pakistan’s second LNG import terminal. To be based in Port Qasim in…
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Five missing after tanker and dredger collide in Singapore Strait
Five crewmembers are missing from a dredger after it capsized in Singapore waters this morning after colliding with an Indonesian…
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Hyundai Heavy Industries pushes through rotational leave system
South Korean shipbuilder Hyundai Heavy Industries (HHI) has pushed through a rotational leave system for five weeks from September 11…
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Symphony ups the tempo with asset play
Little known Bangladeshi company Symphony has doubled its money in just over a year in its first asset play. Broking…
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Sembcorp Marine’s Brazil yard wins $145m contract
Sembcorp Marine’s wholly-owned Brazilian subsidiary, Estaleiro Jurong Aracruz, has secured hull carry over works (COW) worth about $145m from Tupi…
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Port Klang hit hard by alliance changes
The Malaysian government’s dramatic plans to massively ramp capacity at its ports, especially Port Klang, now look questionable as the…
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Fire on tanker kills five workers at ASL Marine yard in Batam
Singapore’s ASL Marine Holdings says that a fire on a tanker at its shipyard in Batam, Indonesia on Thursday has…
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India takes steps to address abandoned seafarers
Amid continued, almost daily reports of crew abandonment worldwide, India’s directorate general of shipping has set up a call line…
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Maritime noose around North Korea tightens
The maritime noose around the Democratic People’s Republic of Korea (North Korea) is tightening in the wake of a series…
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Desperate Nam Cheong chairman throws his own money into the pot
With the grim prospect of liquidation being banded around, leading Malaysian shipbuilder Nam Cheong’s executive chairman has stepped into the…
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Pacific Radiance commences debt restructuring discussions
Singapore OSV owner Pacific Radiance says it has commenced debt restructuring discussions with its bank lenders. Pacific Radiance indicated in…
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Shoei Kisen offloads another handy bulker
Japanese shipping giant Shoei Kisen continues to prune its stock of handy bulkers, offloading the 2008-built, 28,300 dwt to little…
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Six injured as poorly loaded cargo tilts ship onto berth
Six men were injured yesterday when a Vietnamese general cargo ship tilted to starboard while being loaded at Visakhapatnam Port…
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Malaysians congratulated for quick piracy response
Masafumi Kuroki, executive director, at the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP)…
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HMM completes its first blockchain pilot voyage
South Korea’s Hyundai Merchant Marine (HMM) has become the latest containerline to highlight its foray into blockchain. The company revealed…
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Mercator Lines to be wound up
The bust Singapore dry bulk offshoot of India’s Mercator Group will be no more come Friday. Mercator Lines (Singapore) went…
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