Asia
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PNSC offloads aframax
Pakistan National Shipping Corporation (PNSC) has completed the sale of its 2003-built aframax tanker . The state-controlled shipowner said in…
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TGS and SLB gear up for seismic survey offshore Bangladesh
A partnership between Oslo-listed seismic data specialist TGS, oilfield services giant SLB and state-owned oil company Petrobangla has announced a…
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Korean yards bring in foreign talent
Seoul has eased visa requirements for foreign shipyard workers as the nation embarks on a very busy couple of years…
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Oshima will start construction of first bulk carrier at newly acquired yard in April
Japan’s Oshima Shipbuilding has completed the takeover of Mitsubishi Heavy Industries’s Nagasaki Shipyard & Machinery Works (Koyagi), with plans to…
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James Fisher sells another DSV to Seamec
UK marine service provider James Fisher and Sons has sold another dive support vessel to Indian offshore vessel operator Seamec.…
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ONE taking over three US West Coast terminals
Japanese liner operator Ocean Network Express (ONE) is buying controlling stakes in three US West Coast container terminals from its…
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Soga to take charge at NYK
Takaya Soga, 63, has been promoted to become president at one of Japan’s premier shipping lines, Nippon Yusen Kaisha (NYK).…
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Yinson agrees short-term extension for Nigeria FPSO
Malaysian floater operator Yinson has secured a short-term charter extension deal for its floating production storage and offloading (FPSO) vessels…
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DOF Subsea wins Malaysian contract
Norwegian engineering and marine services player DOF Subsea, a subsidiary of offshore vessel owner and operator DOF, has been awarded…
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Hanwha seals DSME takeover
The Korea Development Bank (KDB) has announced that Hanwha Group officially acquired Daewoo Shipbuilding & Marine Engineering (DSME) in a…
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MOL and GAIL strengthen gas partnership
Japan’s Mitsui OSK Lines (MOL) GAIL, India’s largest public utility, have signed a time charter contract for a newbuilding LNG…
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Grindrod delisting on the cards as Taylor Maritime secures 83%
London-listed Taylor Maritime Investments (TMI) has closed its offer to acquire all of the issued ordinary shares in Grindrod Shipping,…
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Keppel Offshore and Marine concludes Brazilian corruption case with $65m fine
Keppel Offshore and Marine (KOM) has finally fully resolved the case related to corrupt payments made by its agent to…
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Record 170 LNG carriers ordered in 2022
Spectacular ordering in the LNG sector has dominated shipyard news in 2022. Clarksons Research has tallied a record total of…
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K Line signs up for Northern Lights CO2 carriers
Japan’s Kawasaki Kisen Kaisha (K Line) has signed a long-term bareboat charter contract with Northern Lights, a joint venture between…
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PGS lines up more work in Malaysia
Norway’s PGS said Monday it had secured pre-funding to expand multi-client 3D coverage in the Sabah platform province offshore Malaysia. …
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Marco Polo Marine lines up first deal for CSOV newbuild
Singapore offshore vessel player and shipyard Marco Polo Marine has lined up the first contract for its specialised offshore wind…
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Samudera Shipping lifts stake in NYK LNG carrier venture
Indonesian owner Samudera Shipping Line is boosting its stake in the liquified natural gas shipping joint venture LNG East-West Shipping…
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HMM readies methanol-fuelled newbuilds
2022 is rapidly shaping up as the year methanol went global in the shipping industry. South Korea’s flagship carrier HMM…
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The marine fuels market outlook for 2023
Jesper Lindegaard Sørensen, managing director of KPI OceanConnect Singapore, gives readers an Asian-flavoured look at where the bunker markets are…
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