Asia
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Halycon Recruitment: On Brexit, Singapore and the hunt for the right talent
If you look at a city’s shipping vibrancy via the amount of HR moves going on there is only one…
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Vietnamese owner pockets $1m profit from quick handy sale
In a rare example of a Vietnamese owner performing an asset play, Haiphong-based Viet Long JSC has pocketed a tidy…
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BW Dry takes Japanese kamsarmax
Multiple broking outlets link fast expanding BW Dry Cargo as the buyer of the 81,344 dwt , the latest ship…
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Sinokor takes Zosco cape pair
Sinokor has taken two seven-year capesizes from China’s Zhejiang Ocean Shipping Co (Zosco). Brokers indicate the Korean player is paying…
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SapuraKencana secures $113m Pemex contract
Malaysia’s SapuraKencana Petroleum has announced that wholly-owned subsidiary, SapuraKencana Mexicana, has been awarded a $113m contract by Mexican state-owned oil…
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Ship arrested over unpaid repair charges
Singapore-listed Otto Marine’s Batam shipyard subsidiary has forced the arrest of chemical tanker for unpaid ship repair-related charges. PT Batamec…
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Bangladesh Shipping Corporation seeks greater government support
The government in Bangladesh today deliberates a request made by Bangladesh Shipping Corporation (BSC) to make it easier for it…
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Essar Shipping negotiating loan extensions
India’s Eassar Shipping is making plans to delay its debt payment by extending its loans with its lenders, The Hindu…
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Keppel Offshore & Marine downsizing nears 20,000 workers
Singapore’s Keppel Offshore & Marine has revealed in its latest quarterly results that it has cut 4,900 workers from its…
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Larsen & Toubro and EMAS Chiyoda Subsea score $1.6bn Saudi Aramco EPCI contract
Following the announcement from Saudi Aramco that it has signed a series of news contracts for the development of its…
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HMM takes another step towards financial redemption
The path to financial redemption for South Korea’s Hyundai Merchant Marine (HMM) moved ahead yesterday with news the line had…
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Bumi Armada on a passage to India
Malaysian offshore giant Bumi Armada has formed an Indian joint venture with Shapoorji Pallonji Oil and Gas (SPOG), a wholly…
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Shipowner told to pay for damages caused by Cebu boardwalk collision
City officials in Naga in southern Cebu are demanding damage payments from the owners of a ship that smashed into…
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Harvest International Shipping bulker detained in Shanghai
Shanghai Maritime Court has detained Panama-flagged bulk carrier at the request of Shanghai Huiyang Ship Equipment due to unpaid debts…
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Brexit favours Singapore: Ince
Singapore’s position as a maritime hub is likely to be enhanced in a post-Brexit environment, according to Singapore-based Ince Law…
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Hanjin Group chairman urged to cough up to help ailing shipping line
Hanjin Shipping’s main creditor has reiterated that the chairman of Hanjin Group needs to cough up cash to help the…
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Samsung Electronics supports yard with share purchase
Samsung Electronics will buy new shares in Samsung Heavy Industries (SHI) to help the yard’s liquidity crunch. “Samsung has no…
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Cochin Shipyard adding new drydock
Indian shipyard Cochin Shipyard has been given the greenlight by the Cabinet Committee for the construction of a new drydock…
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Golden Close drillship begins contract with Odfjell in Malaysia
Odfjell Drilling has commenced drilling a well in an undisclosed location in offshore Malaysia for Petronas Carigali, using Golden Close…
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Keppel to build dredgers for Jan De Nul
Singapore-based shipyard Keppel Singmarine has won a S$100m ($73.6m) contract to build three trailing suction hopper dredger vessels (TSHD) for…
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