Asia
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RCL announces new Hong Kong – Manila Service
Bangkok: Regional Container Lines (RCL) has announced a new shuttle service between Hong Kong and Manila north port. The service…
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Seminar discusses bunker changes
Singapore: A Veritas Petroleum Services (VPS) seminar held last Friday with shipowners from Singapore showed that despite the changing regulatory…
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Icon enters Brunei via new joint venture
Singapore: Malaysia’s Icon Offshore is forming an OSV joint venture with Zell Transportation to be based in Brunei. Zell is…
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Govt slashes fees for Batangas calls in bid to ease Manila congestion
Manila: The government is offering incentives to get people to switch ports from Manila to Batangas, some 70 km south…
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Swissco secures contracts for four offshore drilling units
Singapore: Swissco has announced that four wholly owned subsidiaries of Scott and English Energy have entered into charter contracts worth…
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Another Jakarta terminal to be built
Jakarta: As Jakarta works on its new giant Kalibaru terminal to ease congestion at Tanjung Priok, the incoming new president,…
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Standard Chartered sues Varun’s boss in Singapore
Singapore: Standard Chartered has sued India’s Varun Shipping’s Yudhishthir Khatau for $5.2m over a loan default in Singapore. The loan…
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Vietnam shippers lash out at surcharges
Hanoi: The Vietnam Shippers’ Council has hit out at foreign containerlines slapping “irrational” surcharges on shipments. Khuat Van Lieu of…
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FSL Trust turns corner with first quarterly profit for 3 years
Singapore: FSL Trust has made its first quarterly profit in three years. The trust managed a $1m profit for the…
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Pacific Radiance establishes giant debt issuance programme
Singapore: OSV player Pacific Radiance has established a S$1bn multicurrency debt issuance programme. DBS and OCBC have been appointed as…
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EOC gets go ahead for Singapore secondary listing
Singapore: Ezra Holdings has provided an update on the proposed public offering of new shares and a secondary listing and…
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Jakarta starts screening for Ebola
Jakarta: With worldwide panic beginning to set in about the potential spread of the Ebola virus from Africa Indonesian authorities…
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20,000 workers hit by Manila’s port congestion
Manila: The congestion at Manila’s two ports are responsible for around 20,000 workers being temporarily laid off work, or having…
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Universal Terminal tipped to launch IPO
Singapore: One of the largest oil storage complexes in Asia, Singapore's Universal Terminal, is planning an IPO, according to Reuters.…
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Varun: Ditching offshore in favour of gas
Mumbai: Varun Shipping’s vice-chairman and managing director Yudhishthir Khatau, whose company has just come back, virtually from the dead, is…
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Marina seeks financing for vessel acquisition
Manila: The Maritime Industry Authority (Marina) has asked banks to support ship acquisitions with financing, which will require at least…
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New boss for Kim Heng Shipbuilding
Singapore: A former high flier with Keppel has been appointed to head up the shipbuilding arm of Kim Heng. Daniel…
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India’s ONGC takes two Myanmar blocks
Mumbai: ONGC Videsh Ltd (OVL), the overseas arm of Indian state-run petroleum explorer Oil & Natural Gas Ltd (ONGC), has…
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Filipino seafarers barred from leaving ship when calling at Ebola affected locations
Manila: The Philippine Overseas Employment Administration (POEA) has banned Filipino seafarers from leaving their ships when calling at areas affected…
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Globmariner Offshore wins Sarawak EPCIC job
Kuala Lumpur: Globmariner Offshore Services, an associated company of Goh Ban Huat, has won a contract from TH Heavy Engineering…
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