Sector
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Pacific Radiance makes Malaysia move with new jv
Singapore: Via subsidiary Alstonia Offshore, Pacific Radiance has formed a jv with Malaysia’s Duta Marine to jointly incorporate Duta Radiance…
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ICS warns of migrant “crisis” in the Mediterranean
London: The International Chamber of Shipping (ICS) has warned that EU governments must act now before the lives of thousands…
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Green groups sue Port of Seattle over Shell drilling fleet
Seattle: Environmental groups sued the Port of Seattle on Monday to prevent Royal Dutch Shell leasing a waterfront terminal for…
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NYK sells Crystal Cruises to Genting for $550m
Hong Kong: Japan’s shipping giant Nippon Yusen Kaisha is selling Crystal Cruises to Genting Hong Kong for $550m. The deal…
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Consolidated Marine Management orders two LPG vessels from HHI
Athens: Greece’s Consolidated Marine Management (CMM) has ordered two 60,000-cbm LPG carriers from Hyundai Heavy Industries (HHI), South Korea. Both vessels…
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Turkey’s new third largest port nears completion
Istanbul: Turkey’s new third largest container port, Asyapor port in Tekirdag, is set to open by June this year, according…
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Government claims Manila’s port congestion issues are over
Manila: The Philippine government claimed yesterday that the capital’s year-long port congestion issues are over. “There was a time that…
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Wikborg leaves DHT Holdings
Oslo: New York-listed owner DHT Holdings has told investors that Rolf Wikborg has left the board of board of directors.…
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Myanmar – Saviour to oil & gas in SE Asia or in the “too hard” basket?
International companies will not shy away wholesale from Myanmar exploration and production projects despite a collapse in global crude oil…
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integrum: Bye bye to spreadsheets
Sydney: The days of companies running off Microsoft Excel need to come to an end, argues a software expert in…
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Steps being taken to improve ICTT Vallarpadam’s connectivity
Cochin: The Cochin Port Trust (ChPT) has launched construction work on a flyover and a rail over bridge at Vallarpadam…
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Workers up in arms against port corporatisation plan
Mumbai: Workers in the Indian port sector are up in arms against the budgetary proposal to corporatise major ports, as…
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Twice as nice for McDermott with Qatar and Saudi deals
Houston: McDermott International doubled up on Monday with the announcement of two contracts in the Middle East – one offshore…
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CNOOC starts drilling offshore Myanmar
Shanghai: China National Offshore Oil Corporation (CNOOC) has announced that its flagship deepsea oil rig HYSY No.981 has started drilling…
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Maersk Drilling secures Ghana and Philippines contracts
Copenhagen: Maersk Drilling has been awarded a contract from eni Ghana for the employment of newbuild drillship Maersk Voyager. The contract…
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Holländer named as CEO of MPC Capital
Hamburg: MPC Capital has promoted from within for its new CEO. The firm’s CFO, Ulf Holländer, has taken the reins…
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Ultrabulk diversifies
Copenhagen: The downfall of a fellow Danish operator has presented Ultrabulk with a new arena, kicking off a service between…
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Kinder Morgan completes $158m deal for tank storage terminals from Vopak
Houston: Kinder Morgan, North America’s largest energy infrastructure company, has completed the purchase of three US terminals from Dutch tank…
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Lomar buys three second-hand containerships and orders four newbuildings
London: Lomar Shipping has bought three second-hand containerships and ordered up to four newbuildings from China’s Yangzijiang shipyard. The newbuildings…
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First 21st-century capesize sold for demolition
London: Japan’s K Line has sold a 15-year-old capesize vessel for demolition, making the vessel the youngest cape to be…
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