Region
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Samsung says it has no intention to buy into Vietnamese shipbuilding
Hanoi: Samsung Heavy Industries, the leading South Korean shipbuilder, has denied comments made by Vietnam’s deputy transport minister that it…
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Chellsea exercises PSV options
Singapore: Singapore OSV operator Chellsea is expanding its fleet. Cosco Shipyard announced it has been awarded four options by a…
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STX Dalian gets acceptance from court to restructure
Dalian: STX Dalian Group has had its application accepted for court receivership with Dalian Medium People’s Court and has started…
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Rail company calls for investigation into shipbuilding tycoon Ren Yuanlin
Dalian: Tianjin Guoheng Railway Holding, a listed railway company in China, made an announcement to the stock exchange that it…
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Mainland coastal owners not keen on South China ECA
Hong Kong: Attempts by Hong Kong to push through a regional emissions control area (ECA) for shipping across the Pearl…
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COSCO announces options for four PSVs
Singapore: COSCO Corporation announced that COSCO Shipyard Group has been awarded four options by a Singapore-based company for the construction…
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Region’s owners feature prominently in new tonnage rankings
Singapore: A new shipowner survey places Middle Eastern shipping lines as rising contenders in world shipping. Maritime CEO, a sister…
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Another VLCC for Oman Ship Management
Muscat: Oman Ship Management Co (OSMC), the operating arm of Oman Shipping Company (OSC), has added another vessel to its…
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PSC ponders future as Muscat’s port transforms into tourism hub
Muscat: Port Services Corporation (PSC), which operates and manages Port Sultan Qaboos (Muscat), has commissioned a consultant to study the…
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Vallianz diversifies with Ulstein
Singapore: Offshore player Vallianz Holdings is adding platform supply vessels of Ulstein P128 and PX128 designs. The new PSVs are…
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Gazprom Singapore signs Yamal LNG deal
Singapore: Gazprom Marketing & Trading Singapore, the LNG trading arm of Gazprom, has signed a LNG supply agreement with Yamal…
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Unlicensed Singapore bunker supplier charged
Singapore: Progressive Power Co Pte Ltd pleaded guilty in court on 20 May 2014 to five charges for supplying bunkers…
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Samsung Heavy close to buying into Vietnamese shipbuilding
Hanoi: One of the world’s most successful shipbuilders is close to buying into a Vietnamese shipyard. Samsung Heavy Industries from…
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LMAA supports Sainty Marine on ship leasing dispute
Shanghai: Sainty Marine announced yesterday that London Maritime Arbitrators Association (LMAA) has ruled to terminate six out of twelve ship…
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Guoyu Shipyard bags first boxship order
Shanghai: Yangzhou Guoyu Shipyard has signed shipbuilding contracts with joint owners Guoyu Nordic Shipping and Nordic Hamburg for the construction…
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China Shipping Group signs strategic agreement with CDB
Beijing: China Shipping Group announced that it has signed a strategic agreement with China Development Bank (CDB) to further strengthen…
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Qingdao port plans IPO
Hong Kong: Chinese port operator Qingdao Port International Co Ltd plans to raise up to HK$2.9bn ($374.03m) in an initial…
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Hudong-Zhonghua boss arrested
Shanghai: Gu Tiquan, the head of one of China’s most successful shipyards, has been arrested. The boss of Hudong-Zhonghua Shipyard…
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Dubai and Qatar both plan to build LNG powered tugs
Dubai: Dubai and Qatar have both announced plans to build LNG powered tugs. Drydocks World and Dubai Maritime City have…
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Egypt seeks more maritime investors
Cairo: In the latest bid to pump up the economy, the Ministry of Transportation has announced 28 new investment opportunities…
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