Asia
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UMW awarded jackup contract by Petrofac
Malaysian offshore driller UMW Oil & Gas has received a letter of award from British oil company Petrofac for the…
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FSL Trust firms up its financial position
Singapore shipping trust FSL Trust Management has announced that it will pay down its syndicated loan facility by $20 million…
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Doriko takes first panamax in a decade
The low profile Korean outfit Doriko, best known for its involvement in the larger handysize segment, has taken its first…
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Dae Sun wins Shokuyu Tanker order
Dae Sun Shipbuilding & Engineering has won an order from Japan’s Shokuyu Tanker to build a 3,500 dwt stainless steel…
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Spliethoff orders six MPPs at Ouhua
Dutch outfit Spliethoff has ordered six multipurpose vessels at Zhejiang Ouhua Shipbuilding, a rare big order for a Chinese yard.…
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SM Group picked to take over STX Corp
A Samra Midas Group-led consortium was picked today as the preferred bidder for STX Corp. SM Group, best known as…
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Five Singaporean bunker tankers found to have dodgy mass flow meters
Having found irregularities with some of its mass flow meters Singapore’s Maritime Port Authority has suspended the harbour craft licences…
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Prime spunks nearly $11m for Dong-A Peneus
Prime Shipping of Vietnam has continued its S&P relationship with South Korea’s Dong-A Tankers. The active Vietnamese owner has paid…
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HSH Nordbank dismisses Rickmers Maritime’s latest restructuring plan
HSH Nordbank has thrown out the latest Rickmers Maritime restructuring proposal. However, the German bank, which is the largest senior…
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ICBC terminates Emas Offshore charter, claims $194.5m against Ezra
Singapore’s offshore vessel operator Emas Offshore has announced that its subsidiary Lewek Champion Shipping has received a notice of termination…
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Shocking report shows plight of stranded Indian crew
An 18-page harrowing report from Human Rights at Sea highlights the plight of another stranded crew. The Indian men working…
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Seadrill settles with Hyundai Samho over semi-sub cancellation
Offshore driller Seadrill has announced that it has reached a settlement agreement with Hyundai Samho Heavy Industries regarding the cancellation…
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Vinalines signs service contracts with Vinacomin
The Vietnam National Shipping Lines (Vinalines) has signed a strategic co-operation agreement with Vietnam National Coal – Mineral Industries Holding…
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UMW secures jackup contract from Vestigo
Malaysian offshore drilling contractor UMW Oil & Gas Corporation has received a letter of award from Vestigo Petroleum for the…
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SM Line eyes US east coast and 10,000 teu ships
SM Line, the world’s newest container shipping company, has eyes on the US east coast. The South Korean offshoot of…
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Ezra Holdings served second statutory demand as wind up actions loom
US shipbuilder VT Halter Marine, part of Singapore’s ST Engineering, has pressed ahead with its action against Ezra Holdings, now…
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Icon Offshore secures accommodation workboat contract
Malaysian operator Icon Offshore has secured a long-term charter contract for an accommodation workboat from Brunei’s SPHI Marine. The contract…
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Shreyas Shipping acquires Balaji Shipping
India’s Shreyas Shipping & Logistics has announced that its board has approved a plan for subsidiary Shereyas Relay Systems to…
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THE Alliance creates first liner emergency fund in the wake of Hanjin’s demise
With just over three weeks till kick off THE Alliance today announced its final network after all needed preparations have…
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Ezion in discussions to take over Swissco JV rigs
Ezion Holdings is in discussions with the interim judicial managers of Swissco Holdings to try and snap up four bargain…
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