Thailand
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Dry Cargo
Precious Shipping and Sainty Marine settle newbuild contract dispute
Thai bulk carrier owner Precious Shipping has entered into a settlement agreement with Jiangsu Guoxin Investment Group, the parent of…
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Offshore
Mermaid Maritime diversifies
Thailand’s Mermaid Maritime has announced that its subsidiary Mermaid Subsea Services has established an offshore transportation, installation, and decommissioning services…
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Asia
Miclyn Express Offshore awarded long-term charters for 14 crew boats in Thailand
Singapore-headquartered OSV owner Miclyn Express Offshore (MEO) has announced that 14 of its crew boats have been contracted on long-term…
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Maritime CEO
Highland Maritime: Shipmanagement with a smile
Thailand is often referred to as the Land of Smiles. For Thais, this sign of happiness has more meaning than…
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Asia
Valesto awarded jackup contract by Carigali Hess
Malaysia’s Velesto Drilling, part of Valesto Energy, has been awarded a contract by Carigali Hess Operating Company for 2015-built jackup…
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Asia
Mermaid Maritime awarded three-year IRM contract extension
Thai subsea specialist Mermaid Maritime has announced that its local joint venture has secured a three-year contract extension with an…
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Asia
PSA buys into Bangkok river terminal
PSA International’s latest investment is inland – at a river terminal in Bangkok. The Singapore terminal operator has teamed up…
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Asia
Mermaid Maritime awarded $7.4m worth of new contracts
Thailand’s Mermaid Maritime has been awarded subsea contracts in both the Middle East and South East Asia worth a total…
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Middle East
Shelf Drilling awarded Gulf of Thailand contract by Chevron
Dubai-headquartered Shelf Drilling has secured a contract from Chevron Thailand Exploration and Production for 2008-built jackup rig . The contract…
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Asia
Mermaid Maritime secures new $65 loan to extend financing of DSV pair
Thailand’s Mermaid Maritime Public Company subsidiary Mermaid Subsea Services has secured a $65m loan facility with the Export-Import Bank of…
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Asia
Environmentalists slam port authority over size of fine handed to KMTC
Local environmentalists in Thailand have slammed the paltry fine handed to South Korean owner KMTC, the operator of feeder containership…
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Asia
Port Authority of Thailand seeks damages from KMTC
The Port Authority of Thailand (PAT) has imposed an initial fine of THB50,000 ($1,570) on South Korean owner KMTC, the…
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Asia
More than 1,000 people demand compensation from boxship fire at Laem Chabang port
Local media is reporting that over 1,000 residents from the neighboring areas of Laem Chabang Port have submitted their demands…
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Asia
Chemical blast onboard KMTC feeder sends more than 200 to hospital
The Thai authorities continue to investigate the huge fire onboard the 21-year-old boxship that saw more than 200 people head…
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Asia
Calcium hypochlorite strikes again in dramatic KMTC blaze at Laem Chabang
More than 130 people were taken to hospital yesterday and residents were told remain inside after a huge chemical explosion…
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Asia
Thoresen picks up Nisshin Shipping ultramax
Thailand’s Thoresen Shipping has acquired 2014-built ultramax from Nisshin Shipping for mid to high $18m, according to broking sources. The…
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Asia
Asia Offshore Drilling secures jackup rig extension from Saudi Aramco
Asia Offshore Drilling has secured a three-year contract extension from Saudi Aramco for 2013-built jackup rig . The extension is…
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Asia
Hellenic Tankers pockets $5.6m from swift VLCC asset play
Andreas Hadjiyiannis-led Hellenic Tankers has concluded a deal with Thailand’s Nathalin Group in what will be one of the most…
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Europe
APM Terminals signs up to new Bangkok terminal development
Bangkok’s cramped container facilities are set to get some much needed extra space. APM Terminals has signed a memorandum of…
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Asia
Shipowners are not helping their cause by not scrapping ships: Khalid Hashim
Dry bulk owners have been urged to scrap more ships or face extreme volatility. Writing in Precious Shipping’s third quarter…
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