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COSCO shores up working capital
Hong Kong: China COSCO Holdings Co Ltd, the largest shipping company in the country, has announced that it will issue RMB 5 billion in ten-year ... [full story]
Cruiselines tell Japan ports to step up
Fukuoka: The potential for Japan as a cruise destination and opportunities to expand its ports of call was discussed at the opening panel session at ... [full story]
Fredriksen: ‘Won't be much money’ in shipping for now
Oslo: Arguably the world’s most powerful man in shipping, John Fredriksen, is downcast on the immediate future of the tanker and dry bulk trades. The ... [full story]
Green issues 'should top every shipping company's agenda': KR
Seoul: Environment issues led the agenda at this year’s Seoul International Maritime and Shipbuilding Conference (SIMS) staged by the Korean Register of Shipping (KR) here ... [full story]
Krishnapatnam Port sets all-India coal discharge record
Mumbai: Krishnapatnam Port has established a new record for coal discharge in India using the conventional system of coal unloading. The vessel MV. IKAN ... [full story]
Emirates joins ASEAN–Gulf-Indian Subcontinent liner service
Hong Kong: Emirates Shipping Line has joined the ASEAN–Gulf–Indian Subcontinent (AGI) service launched recently by the consortium of Evergreen, Simatech and OOCL, offering a direct ... [full story]
Intertanko hails lengthy prison sentence for attempted piracy
London: Independent tanker owners' association Intertanko has applauded the result of a plea bargaining agreement in the US whereby a Somali national, who a few ... [full story]
Jo Tankers heads to New Times
Dalian: China's New Times Shipbuilding has inked a contract to build a pair of 74,000-dwt long-range 1 (LR1) tankers with Norwegian owner Jo Tankers for ... [full story]
Drydocks suit against Labroy Marine founder dismissed
Singapore: Drydocks World has lost its suit against the former chairman of Labroy Marine Tan Boy Tee for breaching an agreement for in its $2.4bn ... [full story]
STX and Daehan talks stall
Seoul: Talks between STX and Daehan Shipbuilding creditors on Daehan M&A have reportedly collapsed in the end. 
STX had requested for a suspension of Daehan's ... [full story]


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