Asia
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Neptune takeover in the offing
Singapore: Singapore-based MTQ Corporation’s wholly-owned subsidiary, Blossomvale Investments, has today declared its off-market takeover offer for all the ordinary shares…
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Shell extends Malaysian partnerships
Kuala Lumpur: Shell Malaysia has signed a new production sharing contract with Petronas to explore for oil and gas…
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Yangzijiang in first jack-up deal
Shanghai: Jiangsu Yangzijiang Offshore Engineering is getting close to ink a deal with Qatar Investment Corporation to build a…
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Latest SinoShip magazine goes live featuring Cosco’s Ma
Dalian: On the cover of the latest issue of SinoShip magazine is Ma Zehua, the conservative president of Cosco…
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CCNI boxship order illustrative of dramatic tonnage cascade
Manila: Compania Chilena de Navegacion Interoceanica (CCNI) has selected the Korean company Hanjin Heavy Industrries and Construction’s Philippine subsidiary to…
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Japan Club opening in Singapore
Singapore: Redolent of the fact many of its members now manage their vessels out of Singapore the Japan Ship…
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Hanoi slashes shipbuilding spend amid protracted slump
Hanoi: A measure of reality has been doled out from Hanoi in its latest economic forecasts. Shipbuilding targets have…
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IRI looks to up Asian offshore presence
Singapore: Today marks the start of Singapore’s big offshore exhibition OSEA. Seemingly every maritime firm these days is keen…
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Marco Polo Marine discovers new profit high
Singapore: The latest results for Singaporean yard and OSV operator Marco Polo Marine mark an all-time high net profit…
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Hoegh in pole for PTTEP decision
Bangkok: Norway’s Hoegh LNG looks likely to have bagged a deal from Thailand’s PTTEP on a floating LNG (FLNG)…
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Keppel O&M celebration
Singapore: In a lavish ceremony Keppel Offshore & Marine Ltd (Keppel O&M), a wholly-owned subsidiary of Keppel Corporation, celebrated…
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Genting’s fleet on track to grow to 22 ships by 2016
Manila: Genting Hong Kong, the company behind brands Star Cruises and Norwegian Cruise Line, says it will have a…
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Teo heading back to Dalian
Dalian: Once again SS Teo, the boss of Singapore’s Pacific International Lines (PIL), is being linked with orders in his…
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Deals for Sealink
Kuala Lumpur: Sealink International has secured contracts totaling RM113m for the sale of two OSVs and long terms charters for…
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Celebrity Cruises debut in Singapore
Singapore: Celebrity Cruises made its debut in Singapore today, with the maiden call of its Celebrity Solstice. The 122,000 gt…
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University in Visayas gets maritime engineering upgrade
Manila: University of Iloilo (UI) will tie up with crewing giant Magsaysay to build a new training facility at its…
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Japanese most likely to invest in Philippine yards: Nomura
Manila: Japanese shipbuilders, according to a study by Nomura Research Institute, are the likeliest investors in the Philippines’ expanding ship…
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Rosneft and PetroVietnam seek closer ties
Hanoi: State-run Vietnam Oil and Gas Group, or PetroVietnam, has approached Russian oil company Rosneft to invest in oil and…
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New line up for Brightoil in Singapore
Singapore: Brightoil Petroleum has announced the “strategic reform” of its fuel oil international trading and bunkering business and the…
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POSH and Wintermar tie up for AHTS project in Indonesia
Jakarta: PT Wintermar Offshore Marine and PACC Offshore Services Holdings (POSH) have announced their agreement to enter into a…
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