Asia
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Mermaid accommodation barge gets Indonesia contract extension
Bangkok: Thoresen Thai offshore offshoot Mermaid Maritime’s accommodation barge MTR-1 has secured a contract extension with an existing unspecified…
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Venomous or merely slippery? The year ahead
Dalian: Will the Year of the Snake see the shipping industry slither through another dire year, as expected, or…
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April conclusion for Sapurakencana’s $2.9bn tender rig deal
Sapurakencana Petroleum is moving ahead with the purchase of Seadrill’s tender rig businesses. A sale and purchase agreement has…
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BH Global’s Batam plans up in the air
Singapore: Singapore’s BH Global Marine’s plans to expand on the island of Batam in nearby Indonesia has been scuppered.…
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Trelleborg Marine Systems eyes SE Asia growth
Singapore: Trelleborg Marine Systems, one of the world’s top manufacturers of marine fenders, is seeing significant growth out of…
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Sembcorp wins Norwegian EPC contract
Singapore: SMOE, a wholly-owned subsidiary of Sembcorp Marine, has secured a contract worth about S$900m from Det norske oljeselskap…
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Hanjin Heavy’s Subic yard bags box brace
Manila: Hanjin Heavy Industries & Construction's yard in Subic Bay in the Philippines has won a contract for two…
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Alam scores Petronas Carigali contract
Kuala Lumpur: Alam Maritim Resources Berhad has announced a contract with Petronas Carigali for the provision of two units…
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New bunker player in Singapore
Singapore: Pacific Bunkering has become the first company in 2013 to be granted a license by the Maritime and…
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APL appoints regional head in Europe
Singapore: APL has announced the appointment of Peter Jongepier as regional president of its business in Europe. “Peter…
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Large sums to be spent on new Indonesian ports
Jakart: State-run port operator Pelindo II has committed to spend Rp7trn ($721m) to develop Kalibaru Port in North Jakarta…
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Mercator selling 20-year-old VLCC for $44.4m
Singapore: Singapore-listed Indian firm Mercator Lines (Singapore) is selling its VLCC, the 279,000 dwt, 1993-built Sri Prem Putli, for…
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Titan founder relinquishes director’s role
Hong Kong: Tsoi Tin Chun has resigned as a non-executive director of beleaguered Titan Petrochemicals. The Singapore citizen, originally…
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Global Maritime Investments looks to SE Asia for growth
London: The boss of the one of the largest privately-owned freight trading groups in the world speaks to our new…
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Leading lube lady Huot returns
Singapore: One of the region’s best-known names in the lubes industry is back. Caroline Huot’s work has seen her…
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Vinashin restructuring moves forward
Hanoi: The government is now seemingly eager to put the nation’s top shipbuilder’s past financial misdemanours behind it and…
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New Asia boss for OSM Ship Management
Singapore: Ole B. Stene has taken over as managing director of OSM Ship Management Asia based in Singapore. …
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Changes at Jaya Holdings
Singapore: Jaya Holdings has come up with a streamlining of the group's corporate structure which sees wholly-owned subsidiary, Jaya…
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Precious profit slide
Bangkok: Citing much higher operating costs Thailand’s Precious Shipping has revealed its 2012 profit slid 80% to THB141.03m ($4.74m). Revenues…
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STX Pan Ocean Seoul share migration
Singapore: The migration of shares back home ahead of an expected sale to a fellow Korean company continues for…
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