Region
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Hong Kong Maritime Hub: Back on the map
A new website has just launched covering all things Hong Kong maritime. Created by veteran shipping journalist Mike Grinter, Hong…
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Indonesian port operator seeks to raise $3bn
State-run port operator Pelabuhan Indonesia (Pelindo) II is seeking up to RP40trn ($3bn) to fund its planned expansion over the…
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PSA buys fleet of automated guided vehicles
Singapore is moving ahead with developing a futuristic port. Terminal operator PSA Singapore has bought 22 new automated guided vehicles…
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BW Offshore moves ahead with $100m rights issue
BW Offshore’s plan, first announced on May 23, to secure a long-term financial platform for the company has now received…
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Rosneft and Pietro Barbaro form shipping joint venture
Rosneft and Italy’s Pietro Barbaro have signed an agreement to establish a joint venture for what the pair described in…
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Myanmar Offshore Supply Base nears government approval
Myanmar Offshore Supply Base (MOSB) is expected to be granted approval by Myanmar’s Investment Commission to develop an offshore supply base…
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‘Stand firm behind Hanjin Shipping right away,’ Gerry Wang tells Seoul
The founder of Seaspan has weighed into the ongoing maelstrom seen in Korean shipping telling Splash in an exclusive interview…
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Korea Shipowners’ Association warns on heavy impact were HMM and Hanjin to fold
The Korea Shipowners’ Association has estimated that if Hanjin Shipping and Hyundai Merchant Marine were to go bankrupt, 5,400 jobs…
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Wan Hai in for eight Japanese newbuilds
Taiwan’s Wan Hai Lines has signed for eight 1,900 teu ships at Japanese yard Naikai Zosen. The ships will deliver…
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Ocean Yield buys stake in Quantum Pacific mega containerships
Ocean Yield has announced that it has agreed to acquire a 49.5% equity interest in six newbuilding container vessels owned…
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China COSCO Shipping starts controversial cruise business
The world’s largest shipping company has branched out into a potentially controversial cruise business. China COSCO Shipping will launch cruise…
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Indonesia, Malaysia and the Philippines agree on anti-piracy patrols
Indonesia, Malaysia and the Philippines have designated a transit corridor for ships crossing a maritime zone hit by a spate…
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Winning fleet expansion continues
The aggressive Chinese outfit Winning has again snapped up another aging cape. The new purchase brings its secondhand purchases to…
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GasLog fixes financing as it pursues ‘interesting growth opportunities’
LNG shipowner GasLog has launched a debt financing of $1.05bn with a number of international banks to refinance six legacy…
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Smart shipping needs smarter regulation
The era of ‘smart shipping’ needs much smarter regulation, supported by greater engagement from the industry to lobby for a…
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Britannia and UK P&I Clubs call off merger talks
Britannia and UK P&I Clubs have ended discussions regarding a potential merger. In a statement, the clubs said: “While a…
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McDermott awarded Shell Brunei pipeline work
McDermott International has been awarded further pipeline work for 2017 under a multi-year offshore installation contract with Brunei Shell Petroleum…
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Wärtsilä ends engine jv with CSSC
China State Shipbuilding Corporation (CSSC) and Wärtsilä have announced that Wärtsilä has transferred its 30% shareholding in Winterthur Gas &…
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Eagle Bulk Shipping has landed in Hamburg
Eagle Bulk Shipping has announced that it will be expanding its global commercial presence with the establishment of a new…
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OneSubsea secures Zohr EPC contract
OneSubsea, a Schlumberger company, has been awarded an engineering, procurement and construction contract totaling more than $170m from Belayim Petroleum…
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