Singapore
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Asia
Japan’s big three lines christen new merged container entity Ocean Network Express
Ocean Network Express is the name Japan’s three largest shipping companies have come up with for their new merged container…
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Asia
Pioneer Marine and Pankaj Khanna part ways
Singapore dry bulk handysize specialist Pioneer Marine has announced that CEO Pankaj Khanna is leaving the company. Khanna founded Pioneer…
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Asia
Rickmers Maritime completes initial sale of five vessels to Navios
Rickmers Maritime and Navios Maritime Partners have completed the sale of five containerships for a total of $59m as part…
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Asia
Singapore yards suffer 58% orderbook decline
Singaporean shipyards managed to bag just S$820m ($592m) in new orders last year, down dramatically from the S$4.9bn secured in…
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Asia
Vallianz settles $138.7m of debts with Swiber and Rawabi
Struggling Singapore OSV provider Vallianz Holdings has fixed separate set-off and settlement agreements (SOSAs) with Swiber Holdings and Rawabi Holding to…
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Europe
Stolt-Nielsen orders LNG carrier pair at Keppel Singmarine
Stolt-Nielsen Gas has ordered a pair of dual-fuel 7,500 cbm LNG carriers at Singapore’s Keppel Singmarine. The contract is worth…
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Asia
Vallianz secures work for four vessels worth $115m
Singapore OSV operator Vallianz Holdings has sealed long-term charters for four vessels valued at up to a total of $115m.…
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Asia
Keppel scores additional dredger order from Jan De Nul
Keppel Offshore & Marine subsidiary Keppel Singmarine has sealed contracts from Codralux, a wholly-owned subsidiary of Jan De Nul Group,…
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Asia
Marco Polo Marine places Indonesian yard under court-led restructuring
Singapore offshore operator Marco Polo Marine has announced that its Indonesian subsidiary, PT Marcopolo Shipyard, has filed an application to…
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Asia
Pacific Radiance sets up Middle East JV with Allianz
Singapore’s Pacific Radiance has set up a JV with Dubai-based Allianz Marine as it looks for new avenues to increase…
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Asia
Ocean Yield extends charter with Ezra Holdings for Lewek Connector
Norwegian owner Ocean Yield has extended a $40,000 per day charter to a related company of Singapore’s Ezra Holdings for…
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Asia
Rickmers Maritime investor withdraws bid to halt fleet sale to Navios
A Rickmers Maritime noteholder who sought an injunction to stop the sale of the entire Rickmers fleet to Greek owner…
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Asia
Charter dispute between POSH and Makamin heats up
A dispute between Singapore-listed PACC Offshore Services (POSH) subsidiary POSH Semco and Saudi Arabia’s Makamin Offshore continues to escalate. Last…
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Asia
Rickmers Maritime investor seeks injunction to stop fleet sale to Navios
Rickmers Maritime has revealed that on Friday it was served with a summons from individual noteholder Mr. Kwok Kian Tow…
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Asia
Dry bulk sector has to absorb capacity surge as ships speed up
Slow steaming in the dry bulk is coming to an end, adding an alarming surge of capacity to a still…
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Europe
Golar and Ophir award FLNG conversion contract to Keppel Shipyard
Ophir Energy has announced that its partner Golar LNG has awarded construction contracts for the floating liquefied natural gas vessel,…
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Asia
Sembcorp’s strategic review sparks Keppel merger rumours again
News that Sembcorp Industries is to push ahead with a strategic review of all its business lines in the coming…
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Asia
Eastern Pacific takes aframax brace at Hanjin Subic
Idan Ofer’s Eastern Pacific is being linked by brokers to a pair of aframax orders at Hanjin Heavy Industries &…
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Asia
Pan-United to spin off China port business
Singapore-listed concrete and cement trader Pan-United Corporation has announced a proposed de-merger of its wholly-owned subsidiary, Xinhua Port Holdings, the…
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Asia
Woods steps up to CEO at FSL Trust
Struggling FSL Trust has confirmed Roger Woods steps up from COO to take the vacant CEO role at the Singapore…
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