Asia
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India advances green tugs initiative
India is pressing forward with plans to green its shipping and become a global hub for green shipbuilding by 2030,…
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Seismic trio secures more work off Malaysia
A seismic consortium comprising PGS, TGS and SLB has secured pre-funding to expand multi-client 3D survey in the Sarawak Basin,…
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Tristar-MTM Ship Management established
Tristar Eships and MTM Ship Management have formed Tristar-MTM Ship Management. Headquartered in Singapore with offices in Athens, Dubai and…
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ONE joins GSBN blockchain platform
Hong Kong-headquartered blockchain platform Global Shipping Business Network (GSBN) has welcomed Ocean Network Express (ONE) as its latest member, joining…
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K Line joins project to develop next-gen floating wind turbines
Kawasaki Kisen Kaisha (K Line) has joined a demonstration project aimed at developing cheaper floating offshore wind turbines that can…
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BW Epic Kosan picks up bargain duo
Singapore-based BW Epic Kosan has maintained its focus on larger and younger tonnage with the addition of two more ships…
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Shipping emissions continue to drop ahead of MEPC 80
Five weeks from today sees the start of the keenly anticipated 80th gathering of the Marine Environment Protection Committee (MEPC)…
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Simatech books Mipo MRs
In the tanker sector, Simatech has declared options for a pair of 52,000 dwt MR tankers at Korean yard Hyundai…
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Petronas denies rumours of MHB and Sapura Energy merger
Malaysia’s Petronas has dismissed rumours of a merger between Malaysia Marine and Heavy Engineering Holdings (MHB) and Sapura Energy. Speculation…
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Year-round Arctic voyages spark alarm
NGOs have hit out at news this week that Russia will begin year-round voyages from the Arctic to Asia along…
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Britoil adds modern PSV
Singapore-based OSV owner Britoil Offshore Services has bolstered its fleet with a modern platform supply vessel. The 2023-built DP2 PSV…
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Japan’s PowerX details battery tanker scheme
Japanese power transfer vessel developer PowerX has unveiled the detailed design of the first-ever ‘battery tanker’ set for domestic and…
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PSA buys into Vietnamese logistics firm Sotrans
Singaporean terminal operator PSA International has picked up a strategic minority stake in Vietnamese logistics firm Sotrans. PSA Cargo Solutions…
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BW Ideol sets sights on multi-gigawatt floating wind off Spain and Portugal
BW Group’s floating wind company, BW Ideol, has teamed up with Spain’s Elawan Energy, part of Orix Corporation of Japan,…
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Global container production to slump to 14-year low
Stagnating trade and a ballooning surplus of shipping containers, following easing of pandemic era supply chain constraints, has led to…
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Renault switches from pricey car carriers to containers for shipments out of Busan
Contrasting ship sector fortunes have been reflected in South Korea where French automotive giant Renault has started shipping brand new…
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Japanese invest $80m into CORE POWER
Japanese companies will participate in a project led by CORE POWER from the UK to develop a floating nuclear power…
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Modern ultramax sold for firm $30m
Brokers report one rare modern ultramax sale, with a price tag to match the age. Japan’s Daiwa Kisen is reportedly…
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PSA and Kazakhstan Railways sign Trans-Caspian rail corridor pact
Singapore-based terminal operator PSA International has formed a joint venture with Kazakhstan’s main rail network operator Kazakhstan Railways (KTZ) to…
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Xiamen ITG Group readies for dry bulk and bunkering fleet growth
State-owned and Shanghai-listed Xiamen ITG Group has moved to expand its fleet with a pair of bulk carriers and six…
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