Singapore
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Gas
Avance Gas seals newbuild time charter with Petredec
John Fredriksen-controlled VLGC shipowner Avance Gas has sealed a two-year time charter for dual fuel VLGC to Singapore-based LPG trader…
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Finance and Insurance
Idan Ofer-backed LNG carrier spinoff seals $570m loan
Idan Ofer-backed Golar LNG spinoff CoolCo has secured sustainability linked $570m bank loan to finance the acquisition of six of…
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Offshore
Nortrans Offshore seals Chevron charter extension
Singapore-headquartered Nortrans Offshore has landed a five-year charter contract extension from Chevron for the 2017-built offshore support vessel . The…
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Tankers
Hafnia swoops for Scorpio’s LR1 fleet
BW Group-controlled Hafnia has confirmed today in a release to the Oslo Bors that it is in advanced negotiations with…
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Maritime CEO
AMOS: Supplying ships during the pandemic
Among the sub-sectors that have had struggled to operate normally during the pandemic spare a thought for ship suppliers. An…
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Dry Cargo
SDTR Marine joins SDARI and ABS on methanol-fuelled bulker design
An 85,000 dwt methanol-fuelled bulk carrier has been designed in a joint development project between Singapore-based shipowner SDTR Marine, American…
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Containers
Eastern Pacific sells 2003-built panamax boxship to Hapag-Lloyd for $55m
Idan Ofer’s Singapore-based shipowning outfit Eastern Pacific Shipping has sold its 2003-built panamax boxship to Hapag-Lloyd for an eye-watering price…
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Offshore
Ultra Deep Solutions wins DSCV contract
Singapore-headquartered Ultra Deep Solutions (UDS) has been awarded another contract by an undisclosed client in the Southeast Asia region. The…
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Asia
Singapore crowned top maritime city again
The 2022 edition of the Leading Maritime Cities (LMC) report compiled by classification society DNV and Menon Economics was launched…
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Operations
Wilhelmsen Ship Management takes 80% stake in Ahrenkiel Tankers
Singapore-headquartered Wilhelmsen Ship Management (WSM) has taken over the management of five tankers after sealing a deal to take an…
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Bunkering
MOL makes headway on ammonia bunkering vessel
As ammonia gains traction as one of the potential zero-carbon fuels, with several ammonia dual-fuelled newbuilding orders being placed, the…
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Offshore
Ezra Holdings to be wound up
Singapore’s Ezra Holdings has said its judicial managers have filed to place the company in liquidation, as there is no…
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Tankers
BTS Tankers adds to fleet with Golden Agri Stena buy
Singapore’s BTS Tankers has taken its fleet to 11, unveiling this week its latest addition, the 2008-built product tanker (formerly…
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Offshore
BW Offshore awarded FPSO extension by Eni
Norwegian floater specialist BW Offshore has penned an extension deal with Nigerian Agip Exploration, a subsidiary of Italy’s Eni for…
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Offshore
Nortrans Offshore seals accommodation contract with Technip Energies
Singapore-headquartered Nortrans Offshore has been awarded a new flotel contract with Technip Energies for the support of the Coral FLNG…
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Shipyards
Marco Polo Marine develops ship recycling business in Indonesia
Southeast Asian offshore player Marco Polo Marine is branching out, developing a ship recycling business in Indonesia. Subsidiary Marcopolo Shipyard…
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Renewables
G8 and Holim Tech team up for 1.5 GW South Korean offshore wind
Singapore-based renewable energy developer G8 and South Korea’s Holim Tech have joined forces to develop a 1.5 GW offshore wind…
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Offshore
Ezion to be liquidated
Singaporean liftboat operator Ezion Holdings will be liquidated after failing to come up with a potential investor. Ezion said in…
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Gas
Idan Ofer and Tor Olav Trøim unveil new LNG carrier player
Israeli billionaire Idan Ofer has joined forces with Norwegian tycoon Tor Olav Trøim to form a new LNG shipping company,…
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Shipyards
Keppel receives extension to pay $52.7m owed as part of Brazilian resolution
As part of a global resolution reached in 2017 with authorities in the US, Brazil and Singapore in relation to…
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