Asia Pacific – Page 151

KOTUG Becomes Majority Owner of Australian Towage Provider

KOTUG has become the majority owner of KT Maritime Services Australia after acquiring Teekay’s stake in KTM.

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Japan’s shipping major K Line has pleaded guilty to criminal cartel conduct in Australia’s Federal Court, ACCC said.

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Brokers: MES wins deal with compatriot Osaka Asahi Kaiun for the construction of three bulkers.

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Shanghai Salvage Company taking over the responsibilities from Ardent to remove Kea Trader from Durand Reef.

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Transparency International says private sector’s interests impacting IMO’s action on climate change.

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