Asia
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EMAS Offshore fails to meet Seabird’s demands for millions
EMAS Offshore has failed to meet demands set out by Seabird Exploration in the wake of two bareboat charters being…
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Solvang declares options for ethylene carrier pair
Norway’s Solvang has wasted no time declaring options on two 21,000 cu m ethylene carriers, having confirmed a 2+2 order…
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ITF arrests GOL Offshore vessel over unpaid wages
The International Transport Workers’ Federation (ITF) has arrested offshore supply vessel in Aberdeen on behalf of the ship’s crew in…
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Singapore official urges shipping to get IT literate
Tan Beng Tee, a senior official at the Maritime and Port Authority of Singapore and one of the best known…
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As pressure mounts, DSME CEO vows ‘bone-crushing’ reforms
Court receivership cannot be ruled out for Daewoo Shipbuilding & Marine Engineering (DSME), one of South Korea’s top shipyards, as…
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Cochin Shipyard’s IPO attracts protests
Trade unions in India are gearing up for a series of protests taking aim at the government’s plans to sell…
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Vinalines to auction off shipyard assets
Vietnam National Shipping Lines (Vinalines) is going to sell its entire 88.6 percent stake in Vinalines Shipyard Company via an…
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MOL buys into Malaysian logistics outfit
Mitsui OSK Lines (MOL) has bought a 20.9% stake in Malaysian firm, PKT Logistics. PKT provides end-to-end logistics solutions, has…
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Ezra Chapter 11: Who was watching the watchmen?
Julie O’Connor has long campaigned for greater transparency among Singapore-listed entities. With Ezra Holdings filing for Chapter 11, she looks…
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FMC commissioner gives backing to HMM alliance with 2M
The commissioner of the US Federal Maritime Commission (FMC) has issued a statement of support for the strategic alliance announced…
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Dirty Korean bulker allowed back into New Zealand
The , a bulk carrier controlled by South Korea’s Dae Lim, is back in New Zealand after an embarrassing expulsion…
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Wilmar takes supramax pair for $19m
Singapore-based Wilmar International has snapped up a pair of supramax bulkers for just $19m en bloc. Hellenic Star Shipping has…
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CEO of Japan’s second largest shipbuilder announces restructuring, takes swipe at Korean rivals
The CEO of Japan Marine United (JMU), the second largest yard in the nation, has announced a restructuring, as well…
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LPG carrier fetches $420 per ldt in India
Demo rates have crashed through the $400 barrier for the first time since April 2015. With scant tonnage heading to…
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Cobelfret places rare Oshima bulker orders
Belgium’s Cobelfret continues its rapid fleet build up in 2017 with brokers reporting it has placed a rare bulker order…
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Ship spotters ready to take a look at the world’s largest boxship
The world’s largest containership reduces fuel consumption and CO2 emissions per container moved by about 25 to 30% compared to…
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Bankruptcy judge protects Ezra’s assets
A bankruptcy judge in the US ruled yesterday no company can seize any assets belonging to troubled Singaporean offshore operator…
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Marinakis pays $155m for Hanjin boxship quintet
The carve up of the defunct Hanjin Shipping fleet is now just about complete with news Evangelos Marinakis’s Capital Ship…
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Marco Polo looks to Malaysian JV with Nam Cheong to find work
The joint venture company owed by Singapore’s Marco Polo and Malaysia’s Nam Cheong, Marco Polo Offshore, has incorporated a new…
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Ezion takes over rigs from JV with Swissco
Singapore’s Ezion Holdings has entered into various sales and purchase agreements to take full control of two joint ventures with…
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