Asia
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Hyundai Glovis acquires Eusu Ship Management
Hyundai Glovis, the logistics unit of Hyundai Motor Group, has signed an agreement with South Korea’s Eusu Holding to take…
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Japanese flock for Hyundai Vinashin MRs
Hyundai Vinashin in northern Vietnam has signed a contract for a series of five 50,000 dwt MR product tankers from…
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Thoresen Thai returns to Santoku Sanpaku for supramax addition
Thoresen Thai Agencies is continuing to expand its supramax fleet with the acquisition of 2008-built bulk carrier from Japanese owner…
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Boss of defunct Dynamic Oil Trading charged with fraud
Denmark’s state prosecutor charged Lars Moller, the former manager of OW Bunker’s Singapore subsidiary, with fraud on Thursday. OW Bunker…
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Angelicoussis returns to DSME for more VLCCs
Daewoo Shipbuilding & Marine Engineering has won an order for four new 318,000 dwt VLCCs from regular customer Maran Tankers…
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Pantheon Tankers acquires aframax from Phoenix
Greek owner Pantheon Tankers is said to have acquired six-year-old aframax tanker from Singapore’s Phoenix Tanker. According to broking sources,…
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Global United sells elderly panamax to Greece’s Ilios
Bulker player Global United, a Singapore subsidiary of India’s Synergy, has sold off one of its three vintage panamaxes for…
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Myanmar and the chase for the new Silk Road
Myanmar is a very interesting country to visit, particularly when one wants to get a feel for what is taking…
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Wilmar takes bargain kamsarmax duo
Sources tell Splash that an until now unidentified Chinese financier has offloaded two Qingdao Beihai Shipbuilding built 82,000 dwt bulkers,…
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Bourbon Offshore Asia Pacific chairman launches campaign to become president of Singapore
A well-known name in Singapore offshore circles has launched his candidacy to become president of the Southeast Asian republic. Farid…
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Rickmers Maritime completes fleet sell-off
The Singapore boxship trust vehicle of Bertram Rickmers has got the go ahead from creditors HSH Nordbank and DBS Bank…
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ICTSI to dredge Congo River for improved port access
Filipino port management company International Container Terminal Services (ICTSI) and have signed a memorandum of understanding with dredging contractor Dredging…
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NYK finds Greek buyer for troubled VLCC
Nippon Yusen Kaisha (NYK) has found a buyer for a long-idled VLCC. The 2002-built has been sold for just $15.5m,…
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ONE appoints Jeremy Nixon as CEO, highest ranked foreigner in Japanese shipping history
Jeremy Nixon has become the highest ranked foreigner at any of the Japanese big three lines in a history that…
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Vinalines gears up for IPO
Ahead of a long-planned IPO in December this year state-run Vinalines has audited and is now deemed to be worth…
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Santoku Senpaku orders capesize pair at Waigaoqiao Shipbuilding
Japanese owner Santoku Senpaku has signed shipbuilding orders with CSSC-affiliated Shanghai Waigaoqiao Shipbuilding for the construction of two 186,000 dwt…
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AusGroup appoints new CEO
SGX-listed Australian oil & gas construction, maintenance and fabrication firm AusGroup has appointed Shane Kimpton as executive director and chief…
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BW Pacific orders up to eight LR2s at Daehan
BW Pacific has placed an order for LR2 tankers at South Korea’s Daehan Shipbuilding. The Singapore joint venture between BW…
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DSME to complete debt-for-equity swap with bondholders next month
Financially troubled South Korean yard Daewoo Shipbuilding & Marine Engineering (DSME) is expected to secure at least KRW800bn ($692m) in…
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Japanese box shipping joint venture establishes corporate set-up
Six days later than planned Japan’s big three lines have managed to get both a holding and an operating company…
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