Asia
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Fire sale surrounding Hanjin Shipping continues
The fire sale related to the Hanjin Shipping fleet is picking up momentum. Two small bulk carriers, which had been…
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‘Blow them up and feed them to the sharks’: Duterte talks tough on pirates
Philippine president Rodrigo Duterte will allow Indonesian maritime authorities to enter Philippine waters when chasing pirates. “We can make it…
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Perisai Petroleum Teknologi seeks bond payment deferral
Kuala Lumpur-listed offshore firm Perisai Petroleum Teknologi has set alarm bells ringing, asking bondholders to delay the maturity of its…
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STX Offshore & Shipbuilding submits latest rehabilitation plan
South Korea’s STX Offshore & Shipbuilding revealed on Saturday it has submitted a proposal to a court in Seoul on…
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Salam Pacific snaps up its first supramax
Almost weekly lesser known owners in Southeast Asia are filling up as buyers in broking reports. This time it’s Salam…
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Kumiai Senpaku adds third asphalt carrier at Chengxi Shipyard
Japanese owner Kumiai Senpaku has signed shipbuilding contract with CSSC-affiliate Chengxi Shipyard for the construction of a 37,000dwt asphalt carrier.…
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Sinanju Tankers orders bunker tanker pair at Shenzhou Shipbuilding
Singapore bunker tanker operator Sinanju Tankers has signed shipbuilding contracts with Zhejiang Shenzhou Shipbuilding for the contruction of two 6,000dwt…
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Chief engineer dies following explosion onboard Korean tanker
A South Korean chief engineer died on Friday evening and two colleagues were injured following an explosion on the chemical…
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US judge extends Hanjin’s protection from creditors as ships start to unload
A US bankruptcy judge on Friday granted Hanjin Shipping the protection it requested for its ships wanting to dock and…
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Koreans eye LNG carrier repair business
Three Korean companies have come together to form an LNG carrier repair entity. GAS Entec, a Korean engineering firm is…
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Taps turned off as Hanjin Shipping edges closer to oblivion
The chaos wrought by Hanjin Shipping’s court receivership – container shipping’s largest ever bankruptcy – stepped up a notch today…
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South Korea’s big three yards to slash manpower by another 30%
Politicians in Seoul are carrying out a two-day debate on the government’s mismanagement of its bailouts handed to local shipping…
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Mermaid Maritime awarded subsea contracts
Thai company Mermaid Maritime has announced that its subsidiary, Seascape Surveys, has been awarded two subsea contracts in Southeast Asia…
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Hanjin Shipping exclusives getting noticed
I think I have typed more words on Hanjin Shipping in one week than on any other shipping line in…
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HMM and other Korean carriers form Mini Alliance to replace Hanjin
South Korea’s Hyundai Merchant Marine (HMM) and compatriot carriers Korea Marine Transport, Sinokor Merchant Marine and Heung-A Shipping have formed…
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Hanjin vessels moving again amid chaotic global supply chain scenes
Splash has been given exclusive access by BigOceanData to its proprietary system allowing readers to see where all Hanjin Shipping…
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Marco Polo Marine ominously appoints KPMG to conduct business review
Marco Polo Marine could be the next offshore marine firm to send shockwaves through the Singapore market, announcing today that…
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NS United sells first ship of the year
NS United Kaiun Kaisha has made its first reported ship sale in two years, brokers tell Splash. It is a…
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Pacific Radiance settles dispute with Chinese shipyards
Pacific Radiance has reached a settlement with Shanghai Waigaoqiao Shipbuilding & Offshore and China Shipbuilding Trading (Shanghai) over the disputed…
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Anger grows at $14bn of stuck cargoes on Hanjin ships
The chaos surrounding the receivership of Hanjin Shipping, container shipping’s largest ever bankruptcy, continues to plague shippers around the world…
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