Asia
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NYK seals fourth LNG contract with EDF
Japan’s Nippon Yusen Kaisha (NYK), via its subsidiary France LNG Shipping, has concluded a fourth LNG carrier long-term charter with…
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Safesea turns its attention to Ceylon Shipping Corporation
While watching its bid to privatise Shipping Corporation of India (SCI) go through countless layers of red tape in New…
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Hafnia raises $100m via private placement
Oslo-listed product tanker unit of BW Group, Hafnia, has raised $100m in a private placement of new common shares. The…
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Dyna-Mac secures $130m FPSO work
Singapore-based fabricator Dyna-Mac Holdings has added to its series of new orders with a S$180 million ($130m) contract for floating…
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Hyundai Heavy showcases safe vanadium-ion battery to power next-generation ships
Hyundai Heavy Industries (HHI) is promoting the use of a next-generation marine battery without the risk of explosion or fire…
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Japan puts a dollar figure in new carbon tax proposal
Running in the same week as Posidonia next month, the next gathering of the Marine Environment Protection Committee (MEPC) at…
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Peter Weernink-led SwissMarine readies first ship purchases
Three years since its founding Peter Weernink-led SwissMarine is ready to make its first ship acquisitions. With the likes of…
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MMA Offshore sells Indonesian shipyard to Wasco
Australian OSV operator and services provider MMA Offshore has struck a deal to sell its shipyard facility in Batam, Indonesia…
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Petredec preparing to list its newly formed business unit
Gas shipowner and trader Petredec has established a new business arm, Petredec Global, comprising its trading platform as well as…
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NYK orders six LNG carriers at Hudong-Zhonghua for CNOOC charter
Japan’s Nippon Yusen Kaisha (NYK) has gone to Shanghai for its latest expansion of its LNG fleet, inking orders for…
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Asian shipyards contend with spiralling steel plate costs
Enjoying a longer orderbook than they’ve had for more than a decade, Asia’s shipyards are having to contend with soaring…
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Swire Shipping buys Westwood Shipping Lines
SSPL US, an affiliate of Singapore-based Swire Shipping, is buying US-based Westwood Shipping Lines from J-WeSco, a subsidiary of The…
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Desperate Sri Lanka makes dollar plea to shipping lines
Sri Lanka’s worst financial crisis since independence in 1948 is seeing the authorities do everything possible to get US dollars…
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BW Offshore dismisses claims over fatal accident during FPSO scrapping in India
Norwegian floater specialist BW Offshore has rejected claims made by the NGO Shipbreaking Platform that a worker died while scrapping…
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Eco Marine Power showcases zero emission handymax bulker design
Japan’s Eco Marine Power (EMP) has released details of a new handymax bulker that incorporates a range of renewable energy…
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Renova and PTSC link up for offshore wind in Vietnam
Tokyo-based renewable energy developer Renova and Petrovietnam Technical Services Corporation (PTSC) have signed a memorandum of understanding to collaborate on…
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Keppel Offshore & Marine and Sembcorp Marine merger deal agreed
After almost one year of negotiations, Keppel Corporation and Sembcorp Marine have reached an agreement for the combination of Keppel…
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Meghna bags another ultramax
One of Bangladesh’s most prominent shipping companies, Meghna Group, is back in the headlines. For the second time in a…
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Swire Shipping claims fastest service linking Vietnam and US
Singapore-based liner operator Swire Shipping has launched what it claims is the market’s fastest port-to-port service for voyages between Ho…
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Singapore sets tax incentives for greener ships
Singapore’s Maritime and Port Authority (MPA) will provide incentives on certain fees and taxes for Singapore-flagged ships committed to slashing…
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