Asia
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Skuld does Singapore u-turn
Oslo: Marine insurance provider Skuld, has announced the opening of a branch office in Singapore to further expand business…
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Rolls-Royce investigated for dealings in China and Indonesia
London: British propulsion giant Rolls-Royce has become embroiled in fraud investigations in both China and Indonesia, as well as…
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CMA CGM boosting Westport business
Kuala Lumpur: French containerline CMA CGM has said it will likely shift 3m teu through Malaysia’s Westport in 2013,…
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Energi Mega looks to pay off debts
Jakarta: Indonesia’s Energi Mega Persada is looking to sell around $500m in dollar-denominated bonds next year to help repay its…
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Hallin starts work in Myanmar
Singapore: Hallin Marine has started a four-month project at the Zawtika gas field off the coast of Myanmar. Working…
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APL Logistics hits the ignition on India car JV
New Delhi: APL Logistics and VASCOR yesterday announced the formation of a joint venture focusing on the supply chain…
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Vale continues to develop Malaysian hub
Kuala Lumpur: Despite the fact that all of the big miners around the world are tightening their belts expenditure-wise for…
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Malaysian welding under the torchlight
Kuala Lumpur: Jurutera Perunding Akal (JPA), an engineering design and project management services consultancy, recently signed a collaboration agreement…
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‘Significant milestone’ for Neptune as it ties up with BP
Singapore: Neptune Marine Services has signed a framework agreement with BP in the UK to provide subsea engineering services…
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No big shake ups, plead energy giants in Indonesia
Jakarta: Jittery energy majors operating in Indonesia have warned Jakarta not to meddle too much with the Oil and…
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Relief as Jurong Shipyard workers leave hospital
Singapore: There is a keen sense of relief in Singapore with official news that out of the 89 workers injured…
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Bina Buana Raya closes in on Jakarta IPO
Singapore: Marco Polo Marine has announced that 49% owned associate company Pt. Pelayara Nasional Bina Buana Raya (BBR) has…
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Golden Stena Weco snaps up first product tanker
Singapore: Newly formed jv Golden Stena Weco has just announced it has invested in its first tanker. The…
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Alam Maritim diversifies into properties
Kuala Lumpur: Keen to diversify its revenue stream Malaysia’s offshore operator Alam Maritim Resources has created a new subsidiary, Alam…
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Japan to Thailand service for APL
Singapore: Singaporean boxline APL has introduced a new weekly service to enhance its network coverage in East Asia. The new…
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Creditors pick over the bones of Baxus Marine
Singapore: The six creditors of bunker supplier Baxus Marine will meet on December 11 to go over the liquidation details…
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Jurong Shipyard accident: reactions
Singapore: Yesterday’s accident at Sembcorp Marine’s Jurong Shipyard, when one of the legs of a jackup rig failed causing…
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Hanoi edict to bar foreign-flagged boxships on domestic routes
Hanoi: As the nation struggles with overcapacity Vietnam has said that from January 1 next year all boxships on domestic…
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Keppel FELS signs $1.2b rigs contract
Singapore: Keppel FELS Limited has signed a US$1.2 billion contract with Ukraine’s National Joint-Stock Company “Naftogaz of Ukraine” to…
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Thome Group sets up Thai agency office
Singapore: Leading ship manager and services company Thome Group has set up a new office in Bangkok, Thailand. The Thai…
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