Asia
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Hanjin Shipping sells Long Beach terminal stake to MSC
Bankrupt Hanjin Shipping has signed a deal with MSC to sell its 54% stake in Total Terminals International, an operator…
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Seoul ditches debt ratio stipulation to access shipbuilding fund
Korean shipowners will only need to show a charter contract of five years or more to get state-run banks to…
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HMM boss outlines 2017 newbuild orders
At a quarterly briefing in Seoul yesterday Yoo Chang-Geun, president of Hyundai Merchant Marine (HMM), outlined plans to order up…
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Polaris Shipping enters tanker trades
Polaris Shipping of South Korea, fresh from sealing a deal to buy four capesizes from Brazilian miner Vale, has now…
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Islamabad seeks repatriation of 17 abandoned crew in Egypt
Pakistani authorities are working to get 17 crew, suffering awful conditions in Egypt, repatriated. The men, working on the Kuwaiti-flagged…
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Swiber loses three ONGC contracts in India
Swiber Holdings has seen three projects it has been working on in India for Oil and Natural Gas Corporation (ONGC)…
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EMAS Chiyoda Subsea buys time from Forland Shipping
Norway’s Forland Shipping, the owner of subsea vessel , has said it has reached a temporary agreement with EMAS Chiyoda…
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Sanctions lifted on five North Korean freighters
The United Nations Security Council has lifted sanctions on five ships that were blacklisted in March for ties to North…
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Subic Bay pitches Manila alternative
Plans to decongest traffic in the capital of the Philippines see multiple ports pitching ideas to government. The latest comes…
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Maran Gas Maritime orders FSRU at DSME
Maran Gas Maritime, a unit of Greek owner Angelicoussis Shipping Group, has signed a shipbuilding contract with financially troubled South…
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PIL makes rare boxship order
Containership orders have been almost non-existent through 2016. Nevertheless, with less than a fortnight of the year to go, Splash…
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Green ahoy
Local authorities in Singapore are incentivising less polluting ships while mapping out the city’s maritime future. Not sitting on its…
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BC groups club together to provide some Xmas cheer for stranded Hanjin crew
Various bodies have clubbed together in British Columbia to try and make Christmas more bearable for 13 crewmembers stranded on…
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EMAS Chiyoda Subsea defaults on Forland Shipping charter
Embattled Ezra Holdings faces another tense fight as it stands accused of failing to pay up for a charter of…
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Höegh LNG signs 20-year FSRU deal in Pakistan
Norway’s Höegh LNG has signed an FSRU contract with Global Energy Infrastructure Limited (GEIL) for an LNG import project in…
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Koreans rally to help yards
Korea, Inc has rallied to club together to save the nation’s hard-pressed maritime sector. At a government convened meeting yesterday…
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OSV carnage images spark frenzy
Sometimes in this game of news, pictures can sell really well. Shipping tends to be a tricky industry to source…
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Emas Offshore awarded $93m in new contracts
Emas Offshore, part of Singaopore’s Ezra Holdings, has been awarded $32m of new charter contracts during the fourth quarter of…
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Getting Singapore’s Gen Y and Gen Z interested in shipping
The maritime sector in the island republic has a worryingly greying population of talent. Human resources issues tend to take…
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ICTSI pitches Cavite terminal to help decongest Manila traffic
The Department of Transportation in Manila is studying a proposal to develop a common-user barge and roro terminal in the…
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