Bangladesh’s Meghna Group continues its aggressive approach to acquiring secondhand tonnage in 2025, recently purchasing a modern Japanese-built ultramax bulk carrier from Tokei Kaiun for about $29.2m. This acquisition adds to the four units that joined its Mercantile Shipping Lines fleet last year. With a fleet of nearly 60 vessels, Meghna is also rumored to have acquired another Japanese-built ultramax from Bocimar for $27.6m.
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SINGAPORE: Thousands of passengers, including those bound for Singapore, were stranded at Doha's Hamad International Airport following the temporary closure of airspace by Qatar, Bahrain, and Kuwait after Iran's missile strike on a US military base. With over 25,000 travelers affected and hundreds of flights cancelled or delayed, many reported long queues and a lack of clear communication from airlines regarding rebooking and accommodation. Need More Context? 🔎
Read moreRead a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FASTSINGAPORE: Paulus Tannos's lawyer argued against his extradition to Indonesia due to concerns over corruption and the elapsed time since the alleged offense. Tannos is wanted in connection with a significant corruption case linked to Indonesia's electronic identity card project, with the hearing focused on...
Read moreDuring a hearing in Singapore, Paulus Tannos' lawyer argued against his extradition to Indonesia, citing potential oppression due to corruption and the time elapsed since the alleged offense. The court, examining evidence for Tannos' involvement in a corruption case linked to Indonesia's electronic identity card project, ruled that the extradition request's documents were admissible, continuing the proceedings from June 23 to 25. Need More Context? 🔎
Read moreRead a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FASTSINGAPORE: Legal disputes between homeowners and landed property builders have fallen by around 10 per cent since BuildTrust, a government-backed quality assessment scheme, was launched in April last year, according to the Micro Builders Association Singapore (MBAS).The scheme sets construction standards for areas including floors,...
Read morePresident Donald Trump ordered U.S. bombers to target Iran's nuclear sites in a strategic move to assist Israel in undermining Tehran's nuclear capabilities while aiming to avoid a lengthy military conflict. This action reflects Trump's ongoing commitment to balancing support for allies with a desire to prevent U.S. entanglement in prolonged wars. Need More Context? 🔎
Read moreThe article discusses financial planning for studying abroad, emphasizing the importance of preparing for both tuition and living expenses. Dr. Chan Khai Leok from theRightU highlights various funding options, including study loans and endowment plans, while addressing the implications of interest rates and the potential for securing good jobs post-education. Need More Context? 🔎
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