Asia
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MOL tipped for LNG order at Hanwha Ocean
Japanese shipowner Mitsui OSK Lines (MOL) has been tipped by brokers to be behind an order for an LNG carrier…
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Valaris readies to activate $337m purchase option on two DSME drillship newbuilds
New York-listed offshore driller Valaris is getting ready to add two newbuild drillships from a South Korean shipyard at a…
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SM Group ups stake in HMM
Showing just how keen he is to take his country’s most prized shipping asset, Woo Oh-hyun, the chairman of SM…
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Yanmar starts selling zero-emission hydrogen fuel cell systems
Japan’s Yanmar Power Technology, a subsidiary of Yanmar Holdings, has commercialised a maritime hydrogen fuel cell system for ships. The…
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Transpetrol expands with up to four LR2 newbuilds in South Korea
Belgium’s Transpetrol Maritime Services is bolstering its fleet with up to four LR2 tankers booked for construction in South Korea…
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HMM buys a VLCC
South Korea’s HMM has emerged as the buyer of a six-year-old 300,000 dwt, Hyundai Heavy-built tanker, V Trust, now renamed…
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South Korean engine makers merge
South Korea will have a new mega marine engine manufacturer with news today that HD Korea Shipbuilding & Offshore Engineering…
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Technip Energies forms South Korean floating wind pact with Young Chang and Sarens
Technip Energies has signed a Memorandum of Understanding (MoU) with yard infrastructure provider Young Chang and heavy lifting solutions provider…
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Borr Drilling scores two jack-up deals worth $73m
Offshore drilling company Borr Drilling has secured two letters of award (LOA) for its jack-up drilling rigs Gerd and Thor.…
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Sinokor picks up Asyad VLCC trio
Sinokor Merchant Marine has been named as the buyer of three VLCCs that Oman’s Asyad Shipping floated for sale earlier…
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HMM takes Oldendorff newcastlemax
South Korea’s HMM has been tipped as the buyer of Oldendorff Carriers’ newcastlemax. Maerks Broker has identified the shipowner, in…
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Singapore’s Cyan inks deal for WTIV newbuild at China Merchants Heavy
Fast-expanding offshore wind vessel pure-play Cyan Renewables is lining up another newbuild in China. The Singapore-based company with a European…
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Energy Drilling seals three-year rig deal in Thailand
Singapore’s tender drilling rig specialist Energy Drilling (EDrill) has signed a new three-year contract with Thailand’s PTT Exploration and Production…
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Perdana Petroleum secures AHTS contract
Malaysian offshore marine support services firm Perdana Petroleum has been awarded a charter contract by compatriot RMS Synergy for one…
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Box rates on the transpacific soar amid strict capacity discipline
Barring the pandemic bonanza years, box rates on the transpacific are soaring to highs not seen since 2012 for this…
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Buttery wraps up multiple bulker deals
Singapore-based bulker owner Grindrod Shipping has revealed several deals for its fleet, including sale and purchase as well as time…
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Pertamina wins charters for four LPG carriers worth $49m
Indonesia’s Pertamina International Shipping (PIS) has agreed charters for four of its LPG carriers. PIS said that it chartered out…
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Four parties now in the running to take over HMM
The runners and riders lining up to bid for control of HMM, South Korea’s flagship carrier, are growing. State-backed entities…
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Zodiac expands chemical tankers fleet with Japanese order
Eyal Ofer-controlled Zodiac Maritime has commissioned Fukuoka Shipbuilding in Japan to build four stainless steel chemical tankers. The J19 units,…
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MOL signs MoU for container terminal expansion at Port of Kobe
Japanese shipowner Mitsui O.S.K. Lines (MOL) has signed a memorandum of understanding (MoU) for the Port Island Phase 2 development…
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