Asia

Adani wins Yangon port contract

May 6th, 20190 Indian conglomerate Adani Group has won a 50-year concession to develop an 800,000 teu a year box terminal in the southwest of Yangon. Ahlone International Port...

Mercator confirms sale of its last VLCC

May 1st, 20190 India’s Mercator has confirmed the sale of 2006-built VLCC for $27.5m, nearly five months after it was initially reported as sold to Greece’s NGM Energy. The...

Doun Kisen orders ultramax pair

April 30th, 20190 Japanese shipping giant Doun Kisen has tapped Mitsui Engineering & Shipbuilding to build a pair of ultramaxes, according to multiple broking reports. The 66,000...

MOL readies ore carrier sale

April 29th, 20190 One of the world’s largest names in dry bulk is offloading one of its oldest bulk carriers. Japan’s Mitsui OSK Lines (MOL) has put the 233,600 dwt up for sale,...
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