Asia
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L&T secures contracts worth up to $306m
L&T Energy Hydrocarbon (LTEH), a wholly owned subsidiary of Larsen & Toubro, has secured two significant offshore contracts estimated as…
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Taylor Maritime’s offer for Grindrod Shipping becomes unconditional
London-listed Taylor Maritime Investments (TMI) has declared its offer to acquire all of the issued ordinary shares in Grindrod Shipping…
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Seoul issues jail threat in bid to end trucker strike
South Korea’s government issued an order Tuesday for some of the thousands of truck drivers who have been on strike…
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Violent protests against Adani’s Kerala port project
At least 150 people were injured and over 3,000 booked Monday after a violent protest against the construction of a…
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DSME cancels last of three Sovcomflot LNG carriers
South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has cancelled a third and final order for a specialised icebreaking LNG…
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South Korea’s striking truckers face back-to-work order if talks fail
South Korea’s government failed to reach a deal with thousands of unionised truckers in the first round of talks on…
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K Line set to take delivery of landmark ammonia-powered newcastlemax in 2026
Kawasaki Kisen Kaisha (K Line), together with Itochu, Nihon Shipyard, Mitsui E&S Machinery, and NS United Kaiun Kaisha have obtained…
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NYK unveils ammonia hybrid designs
Nippon Yusen Kaisha (NYK), MTI and Elomatic have completed the concept design phase of a new capesize bulk carrier and…
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New car carrier trade from Vietnam launches
Sporting a white and red livery with a VinFast logo emblazoned across it, the 2009-built departed Haiphong in northern Vietnam…
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Trucking strike in South Korea hits major industries
A mass strike by South Korean truck drivers has disrupted logistics across the world’s 10th-largest economy, crippling cement, steel and…
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Korean tanker hit by pirates for second time this year
Two South Koreans and 17 Indonesian sailors kidnapped on international waters in West Africa have been released unharmed. The 4,000…
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KNOT books shuttle tanker newbuild for Petrobras charter
Knutsen NYK Offshore Tankers (KNOT) has inked a contract with Cosco Shipping Heavy Industry (Zhoushan) for a newbuild suezmax shuttle…
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West Arctic Ocean emerges as major source of crude for India
A new source of Russian crude has emerged for India – the West Arctic Ocean. This new activity which has…
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Aquadrill clinches drillship charter in Indonesia
Aquadrill and rig manager Vantage Drilling have agreed a new drillship charter deal with Premier Oil in Indonesia. The 2008-built…
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Seapeak splashes $1.1bn on five LNG carrier newbuilds in South Korea
Seapeak has booked five liquefied natural gas (LNG) carriers for construction at South Korea’s Samsung Heavy Industries (SHI). Stonepeak’s gas…
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Maersk settles second American sexual harassment case
Maersk has settled a second case of sexual harassment brought against its US subsidiary Maersk Line, Limited. “Midshipman Y and…
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Leveraging the diaspora in building the Maritime India brand
Santosh Patil on how the world’s largest democracy can develop into a maritime powerhouse. The recently concluded INMARCO 2022, a…
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Sanmar Shipping returns to Maersk Tankers’ LR2 pool
Denmark’s Maersk Tankers has welcomed Indian tanker player Sanmar Shipping back as a pool partner. The Chennai-based firm, which operates…
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Pertamina plans $3bn fleet spend
Pertamina International Shipping, Indonesia’s largest shipping line, is lining up a $3bn fleet rejuvenation and expansion over the coming five…
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MOL and NYK move ahead with ammonia carrier plans
Japan, Inc is pressing ahead with fixing its future ammonia supply chain. JERA, a joint venture between utilities TEPCO and…
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