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The acquisition will exclude operations in Hong Kong, although Hutchison’s HQ is located in the city state.

The initiative is part of a plan to revitalise infrastructure and boost coastal economic activity.

The fire erupted following an explosion in one of the containers on the vessel.

According to DNV, the number of maritime safety incidents increased by 42% since 2018.

Some 10 000 ships will collect weather and ocean surface data as part of a new global initiative.

Adulterated fuel containing 68% paraffin has been detected during investigations.