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Digital Editions

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News

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26
Nov 2021

Malaysia’s Straits Energy Resources (previously Straits Inter Logistics) reported revenue of RM341.2 million for Q3 2021, a RM 180 million year-on year increase which was attributed to strong growth in its oil trading and bunkering operations as the maritime sector recovers and global oil prices rebound.

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26
Nov 2021

The Maritime Union says the closure of Marsden Point refinery is sending New Zealand on a ‘high risk track at a bad time’.

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24
Nov 2021

Shell has halved the crude processing capacity at its Pulau Bukom refinery in Singapore and reduced the volume of its fuel exports, according to Reuters.

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23
Nov 2021

India’s Reliance Industries has announced that the plans for Saudi Aramco to take a 20% stake in its oil-to-chemical (O2C) business have now been shelved.

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23
Nov 2021

Wärtsilä Voyage and the Maritime and Port Authority of Singapore (MPA) have signed a Memorandum of Understanding (MoU) to build on their collaboration in smart port and digitalisation initiatives.

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23
Nov 2021

Korea Shipbuilding & Offshore Engineering (KSOE) has announced that 10 2,000 TEU containerships will be built at the at Hyundai Mipo Dockyard in Ulsan with a contact value of some 745.6 billion won ($627 million).

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22
Nov 2021

The board of Refining NZ has made the final investment decision (FID) to proceed with the conversion of the Marsden Point refinery into a fuel import terminal.

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18
Nov 2021

Maritime risk assessment and due diligence organisation RightShip has opened a new Singapore office.

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18
Nov 2021

Danfoss has signed a cooperation agreement with Zhenjiang Shipyard which it says will ‘quicken the rate of electrification in the Chinese marine industry’.

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16
Nov 2021

Sri Lanka’s sole refinery has been closed temporarily as part of the government’s efforts to manage the country’s limited foreign exchange reserves, according to Reuters.

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