Region
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Egypt earmarks billions to develop petrochemicals sector
Cairo: Egypt plans to invest $14.5bn in developing its refining and petrochemicals sectors over the next five years, its oil…
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New India-Myanmar container link
Mumbai: A new liner service connecting India with Myanmar is set to launch soon. State-run Shipping Corporation of India (SCI)…
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Singapore targets shipping insurance and finance
Singapore: Ensuring Singapore has every facet of maritime licked, Patrick Phoon, president of the Singapore Shipping Association (SSA), vowed Friday…
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Coastal Contracts’ orderbook swells
Kuala Lumpur: Coastal Contracts has won contracts for seven offshore support vessels (OSVs) for a total of RM444m. The deals…
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Another Zim shipped blocked at Oakland
Los Angeles: Anti-Israel protesters in Oakland, California prevented a Zim boxship from unloading its goods at the city's port on…
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Kuwait’s Mubarak-Al Kabir port project slips behind schedule
Dubai: The long planned Mubarak-Al Kabir port in Kuwait is slipping behind schedule. Local media cited political disputes as the…
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Swissco launches multicurrency programme
Singapore: Swissco Holdings has established a S$300m multicurrency medium term note programme. Oversea-Chinese Banking Corporation is the sole arranger and…
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THHE in private placement move
Kuala Lumpur: Taking advantage of the significant interest in Malaysia’s oil and gas scene, TH Heavy Engineering (THHE) is undertaking…
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Star Bulk to open Singapore chartering office
Singapore: Star Bulk Carriers Corp, the leading name in shipping’s ongoing phase of consolidation, is set to open up a…
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Urgent call to future-proof Hong Kong port amid rising competition
Hong Kong: In a joint announcement today, container terminal operators and shipping lines, represented by the Hong Kong Container Terminal…
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CSCL, OOCL, PIL and CMA CGM new service announced
Shanghai: China Shipping Container Lines (CSCL), Orient Overseas Container Lines (OOCL), Pacific International Lines (PIL) and CMA CGM will jointly…
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Zhuhai Port replenishes capital in river port subsidiary
Guangzhou: Zhuhai Port announced that it will jointly inject RMB218m capital into its subsidiary Zhuhai Yunfu New Port Company with…
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Shenzhen to provide subsidies
Guangzhou: The Chinese port city, Shenzhen, is planning to provide RMB200m in subsidies to encourage energy conservation and emission reductions…
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Guoyu wins another box pair
Shanghai: Yangzhou Guoyu Shipyard has secured another two LNG-fuelled box ships from Guoyu Nordic Shipping (GNS) and Nordic Hamburg Shipping…
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Star Bulk: Shipping’s top consolidator
Athens: In the bulk trades in 2014 Spyros Capralos has clearly been the shipowner newsmaker of the year. The chairman…
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Shinyo International: Golden times for VLCCs on the horizon?
Hong Kong: Genial Fred Cheng is in a slightly frustrated mood when meeting with Maritime CEO. For a long time,…
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UASC teams up with Hamburg Sud
Dubai: United Arab Shipping Company (UASC) and Hamburg Süd have signed a global cooperation agreement. The agreement came after a…
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Clarion bought out
Dubai: Apollo LogiSolutions, a subsidiary of logistic provider Apollo International, has acquired a majority stake in Dubai-based shipping logistics company…
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China Navigation in discussions to farm out some ships to managers
Singapore: Such is the scale of fleet expansion ongoing at China Navigation that for the first time in its 131-year…
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Pavilion signs on for BP gas
Singapore: Pavilion Energy, Temasek Holdings’s LNG vehicle, is buying 400,000 tonnes of LNG a year starting 2019 from BP for…
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