Singapore
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Tankers
Xihe quartet placed into Maersk Tankers pools
Maersk Tankers has taken over the running of four product tankers owned by Singapore’s Xihe Holdings, which is currently under…
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Dry Cargo
Grindrod extends charter of Nisshin supramax
Nasdaq-listed dry bulk and product tanker owner Grindrod Shipping is extending the firm charter-in period of the 2015-built supramax .…
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Operations
Manila, Singapore seafarer safe corridor preparations progress
Singaporean authorities have green lighted hotel conditions in Manila as seafarer safe corridor preparations between the Philippines and the key…
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Asia
PCL fined $12m in US pollution case
Singapore-based Pacific Carriers Limited (PCL), controlled by tycoon Robert Kuok, was sentenced in a US federal court after pleading guilty…
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Gas
BW LPG sells VLGC pair
BW LPG has sold VLGC pair BW Confidence and BW Cedar, expanding its Indian joint venture in the process. The…
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Operations
Steen Lund appointed CEO of RightShip to replace Martin Crawford-Brunt
Australian vetting and safety firm RightShip has appointed Singapore-based executive Steen Lund as its new CEO, replacing Martin Crawford-Brunt who…
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Operations
Technomar boxship refloated and heading for repairs
The boxship has been refloated and disentangled from the Iranian wreck it crashed into eight days ago. The 5,576 teu…
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Shipyards
Keppel Shipyard secures $75m FPSO project
Singapore’s Keppel Offshore & Marine, through Keppel Shipyard, has secured a contract worth about S$100m ($74.7m) for the fabrication and…
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Asia
Eastern Pacific staff set out on equatorial challenge
In an ambitious fundraising mission, employees of Eastern Pacific Shipping – both ashore and at sea – are setting out…
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Tankers
Zodiac Maritime takes two Xihe VLCCs
In the latest sell-off from Xihe creditors in Singapore, Eyal Ofer-led Zodiac Maritime has snapped up two VLCCs, the 2011-built…
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Operations
Greek boxship scythes into grounded Iranian vessel off Batam
The 5,576 teu containership grounded off Batam in Indonesia on Sunday, scything into another grounded boxship, new videos show. The…
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Offshore
BW Offshore halts New Zealand FPSO liquidation
BW Offshore has entered into an agreement with the New Zealand government regarding the demobilisation of the FPSO . Tamarind…
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Containers
PIL defaults on notes payment
Under pressure Pacific International Lines (PIL) told the Singapore Exchange on Monday it would not pay back S$60m ($44.6m) of…
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Asia
Venkatraman Sheshashayee returns to maritime
A well-known name in Singapore shipping circles has been enticed back into the sector. Venkatraman Sheshashayee, former head of Jaya…
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Containers
PIL warns of liquidation risk
SS Teo-led Pacific International Lines (PIL) has detailed how it intends to restructure and carry on business, urging noteholders to…
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Gas
Synergy touts its FSU credentials
Rajesh Unni-led Synergy Group has a new string to its bow. The Singapore shipmanager is now an FSU operator, having…
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Containers
PIL seeks extra breathing space with court trip
Under pressure Pacific International Lines (PIL) has provided an update on its restructuring, heading to Singapore’s High Court yesterday to…
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Operations
Singapore’s GIC and private equity firm to acquire Miller
GIC, Singapore’s sovereign wealth fund, and private equity firm Cinven have announced that they have reached an agreement to acquire…
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Operations
Three robberies in six hours off Singapore
The Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP) has reported three incidents of…
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Renewables
Sohmen-Pao comes onboard Swire’s wind installation IPO
Two of the richest families in shipping are joining forces on a newly rebranded offshore wind installation vehicle. BW Wind…
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