Region
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ADB funding cold chain infrastructure in Tianjin
Dalian: The Asian Development Bank (ADB) has provided its first-ever logistics-related loan to establish a large capacity cold chain facility…
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Forbes Bumi Armada FPSO ready for $620m charter
Singapore: Forbes Bumi Armada Offshore Limited, a jv between Bumi Armada Berhad and Shapoorji Pallonji Company Limited, have announced…
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Pattaya, Cha-am and Hua Hin earmarked for cruise
Bangkok: Pattaya, Cha-am and Hua Hin were highlighted by Boonserm Khunkaew, acting director of the Tourism Ministry's general affairs…
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Seadrill on the brink of Asia Offshore Drilling takeover
Singapore: Mermaid Maritime has announced that Seadrill Ltd has bought an additional 12.2 million shares in Asia Offshore Drilling…
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Evergreen delays newbuilding plan
Taipei: Evergreen will delay its plan of building 60 more medium-small size boxships until the expansion of Panama Canal is…
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Xiamen port readies for 150,000-ton vessels
Xiamen: The expansion project of the main channel of Xiamen Port is at its final stages, and it is expected…
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CNPC gets approval to build 4 VLCCs
Beijing: One of the biggest oil industry players in China, CNPC, received approval from the national government to build four…
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NOL sells HQ, snaps losing streak
Singapore: Neptune Orient Lines has sold its headquarters to Fragrance Regal for S$380m. The NOL Building at 456 Alexandra Road…
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New shipowner venture established in Dalian
Dalian: Dalian Hezhong Shipping has been established today by the Dalian Port and Shipping Industry Fund, with an investment of…
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Xiamen port receives RMB 1.1bn compensation
Xiamen: The Xiamen municipal government has agreed to give Xiamen International Port Company RMB 1.1bn for two plots of land…
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AVIC International Investment acquires Deltamarin
Beijing: China's AVIC International Investment has announced that the group has entered into a conditional sale and purchase agreement with…
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Humen port to bag over RMB8.4bn in logistics projects
Shenzhen: Humen port expects to bag RMB8.4bn in logistics project contracts today during a promotional event in Shenzhen. Humen port…
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Global acceptance of LNG as marine fuel unlikely this decade
Singapore: In the final report of our four-part series covering Tuesday’s Eco-Dollars Business Breakfast, sponsored by Ideocean and Lloyd’s…
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Mermaid scores brace of deals
Bangkok: Thailand’s Mermaid Maritime has made a couple of announcements with new deals. A new joint-venture company formed between…
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Aspida Maritime Security looks to Singapore for Asia growth
Singapore: Private maritime security company Aspida is currently making plans to set up office in Singapore as it prepares…
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Ezra lands $65m in new contracts as profits soar
Singapore: Ezra Holdings today announced that its subsea services division, EMAS AMC, has secured contracts, including options, for projects…
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Aquino transfers management of 13 ports to port authority
Manila: Philippines Port Authority has taken over from local governments the management of 13 ports throughout the country. …
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Ferry master to blame for Norgas LPG tanker collision
Jakarta: Initial investigations into the Indonesian shipping collision that killed up to 48 people last month point to a steering…
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Green private equity fund looks at shipping
Singapore: A venture capital, private equity fund is looking at investing in shipping, albeit only green ships. Jotdeep Singh, a…
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Historic coming together for Cosco and China Shipping
Dalian: In what SinoShip News understands is the first part of a greater joining of forces Cosco and China Shipping…
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