Region
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Milestone deal for Icon
Kuala Lumpur: Malaysia’s Icon Offshore has bagged a massive set of charter deals. Five offshore supply vessels and three anchor…
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Thoresen Thai looks to double dry bulk fleet by 2015
Bangkok: Thoresen Thai Agencies’ efforts to raise cash will go towards doubling its dry bulk fleet, as well as adding…
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China undercutting rig prices by up to 20%
Singapore: China is undercutting Singapore’s rig builders by as much as 20% as it looks to muscle into a…
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China Steel in Canadian ore venture
Taipei: Taiwan’s China Steel has joined a consortium led by Korean giant Posco to buy a 15% stake in…
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Tough year ahead: Manish Singh
Singapore: One of the region’s top maritime consultants, Manish Singh, has cast his crystal ball for the year and…
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Launch of Maritime CEO, the portal for top shipping insights
Singapore: Maritime CEO, the portal for leading shipping insights, officially launches this week. Brought to you by Asia Shipping…
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Gloomy outlook for Asia-Europe box trades: Alphaliner
Paris: Painting a gloomy picture for the start of the Year of the Water Snake French container analysts Alphaliner…
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Vietnam offshore shuffle
Hanoi: PetroVietnam and the national government have approved a farm-out of offshore exploration blocks 120 and 105-110/04 by Neon…
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Fincantieri completes STX OSV buyout
Singapore: Fincantieri, through its wholly owned subsidiary Fincantieri Oil & Gas, has successfully completed the acquisition of 50.75% of Singapore-listed…
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Hun Sen opens new Cambodian boxport
Phnom Penh : The Cambodian capital on Tuesday inaugurated a brand new container terminal at Phnom Penh Autonomous Port. On…
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PTTEP has huge cash reserves for global expansion
Bangkok: Thailand’s only petroleum explorer PTT Exploration and Production Plc (PTTEP) has announced a $24.67bn war chest for investments in…
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CSSC signs strategic agreement with CNOOC
Beijing: China National Offshore Oil Corporation (CNOOC) and China State Shipbuilding Corporation (CSSC) have signed a strategic agreement in Beijing…
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Presidential opening for Austal’s Cebu yard
Manila: The president of the of the Philippines, Benigno Aquino (pictured), visited Austal's shipyard in Balamban, Cebu last week to…
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Chongqing builds largest steel port on Yangtze River
Shanghai: Chongqing Xingang Changlong Logistics Company has commenced operation of the third steel terminal at Chongqing Iron & Steel Group’s…
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Disastrous final quarter pushes FSL into the red for 2012
 Singapore: An especially brutal final quarter saw Singapore’s First Ship Lease Trust notch up an $8.4m loss for 2012,…
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MMM executives rapped
 Kuala Lumpur: Four Malaysian Merchant Marine Bhd (MMM) directors have been publicly reprimanded and fined a total of RM493,750…
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AET trumpets advanced specs of new VLCC
 Kuala Lumpur: Last week, leading petroleum tanker operator, AET, took delivery of a new 320,000 dwt VLCC from Korean…
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Finance minister slams Tanjung Priok
Jakarta: The nation’s finance minister Agus Martowardojo is the latest person to criticize Indonesia’s top port, Tanjung Priok, slamming the…
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Hanoi delays domestic ban on foreign-flagged ships
Hanoi: The Ministry of Transport has pushed back the edict to restrict the granting of new licenses for foreign-flagged…
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PTT Exploration & Production eyes perpetual bonds
Bangkok: As it looks to fund more than $20bn in oil and gas projects in the coming five years…
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