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Asia Pacific

Set Alert for Lloyd's List Regional :: Asia Pacific

Gazprom Neft sets up shop in Singapore and eyes lube sales post-IMO 2020

The opening of an operations office in Singapore will allow Gazprom Neft to expand its production and logistics network more effectively, said deputy chief executive office for Logistics Anatoly Cherner

Singapore Russian Federation

Pakistan may have called off long-term LNG tender

Spot prices in Asia have failed to break the price point required to support long-term offtake arrangements this year and this has not lent support to the now-aborted Pakistan LNG tender

Tankers and Gas Energy

Yinson agrees $5.4bn FPSO contract with Brazil’s Petrobras

Yinson has been expanding its reach recently and earlier this year it also sealed deals in Nigeria

Tankers and Gas Offshore

World steel demand to remain resilient

China’s steel demand is showing high growth this year owing to a strong real estate sector, the World Steel Association says 

Dry Bulk Political and Trade

MSC confirms options for five new ultra large boxships at DSME

Order at Daewoo Shipbuilding & Marine Engineering will join fleet of ultra large boxships. Brokers indicate they will be scrubber-fitted 23,000 teu units

Containers Shipbuilding

MPA revokes bunker craft operator licence of Inter-Pacific Petroleum

MPA has taken a tough stance against the tampering of mass flow meters, with magnets in particular singled out. Two operators have had their licences revoked so far this year

Singapore Tankers and Gas
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China

Set Alert for Lloyd's List Asia Pacific :: China

World steel demand to remain resilient

China’s steel demand is showing high growth this year owing to a strong real estate sector, the World Steel Association says 

Dry Bulk Political and Trade

US allegations threaten ship recognition deal

Beijing-based SenseTime announced its agreement with MOL two days after being added to the US Entity List, banning it from importing American products and technology

China US States

China ramps up cement imports

The move by China to source cement from Vietnam could have a double boost for dry bulk, as Vietnam would require more coal in the energy-intensive process of cement production, according to Braemar research

Dry Bulk Environment

Ocean freight peak season fails to materialise

Carriers have little to look forward to on the transpacific trade as shippers look elsewhere

Containers Political and Trade

Port of Los Angeles director calls for end to Sino-US trade war

Imports at the nation’s major retail container ports are expected to hit their highest level of the year in November as shippers frontload ahead of new tariffs scheduled for December

China US States

Deadly pig disease to bog down soyabean trades

The fall in volumes from the US and Brazil to China has led to an 8.5% drop from last year in the tonne-mile demand generated by the two dominant soyabean exporters, BIMCO noted

China Dry Bulk
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Japan

Set Alert for Lloyd's List Asia Pacific :: Japan

Changing Lanes: Japan-EU trade agreement boosts Italian exports

Trade deal demonstrates benefits of economic co-operation and free trade

Containers Political and Trade

Viewpoint: Credit where it’s due

Clever design went into making the vessel Aries Leade, a trailblazing pioneer in sustainable shipping, and we ought to think of this ship alongside a raft of industry initiatives that prove shipping is taking its climate change responsibilities seriously

Asia Pacific Japan

MS Amlin moves marine insurance in business reorganisation

MS Amlin is aiming for a profit of £300m in two years’ time, in line with the expectations of its Japanese parent

Europe London

NYK completes world's first autonomous ship trial

The manned vehicle carrier collected data during its sailing

Technology and Innovation NYK

NYK wins long-term coal freight contract with Vietnam-based power plant

NYK has a new strategy of seeking to control exposure to volatile market conditions by maintaining and expanding long-term dry bulk freight contracts

Asia Pacific Dry Bulk

M/Maritime adds two Japanese-built bulkers

M/Maritime has now taken delivery of five new bulkers from Japanese builders this year

Europe Greece
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South Korea

Set Alert for Lloyd's List Asia Pacific :: South Korea

MSC confirms options for five new ultra large boxships at DSME

Order at Daewoo Shipbuilding & Marine Engineering will join fleet of ultra large boxships. Brokers indicate they will be scrubber-fitted 23,000 teu units

Containers Shipbuilding

South Korean group eyes bid to operate Qatar LNG carriers

Qatar Petroleum is expected to put up shipping contracts for at least 40 LNG carriers by the end of the year for its North Field Expansion project

Asia Pacific Middle East and Africa

Petronas secures LNG offtake deal with South Korean power producer

South Korean gas users are now importing LNG directly instead of sourcing the fuel from Kogas

Asia Pacific Tankers and Gas

Ulsan ban on dangerous goods cargo continues at several terminals

The measure is effective for several terminals located under the Ulsan bridge, including Terminal 9, where the Stolt-Nielsen chemical tanker Stolt Groenland exploded and caught fire on September 29

South Korea Tankers and Gas

Gard confirms cover for Ulsan explosion ships

Club says vessels Stolt Groenland and Bow Dalian are entered for P&I cover and have H&M insurance at Gard

Asia Pacific South Korea

Fire on two tankers in Ulsan injures 18

The fire has been put out, but authorities cautioned there are petrochemicals on board and are still assessing when it will be safe to conduct an investigation

South Korea Casualty
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Australia

Set Alert for Lloyd's List Asia Pacific :: Australia

Santos wrests control over Darwin LNG in $1.3bn deal

The deal marks ConocoPhillips’ exit from northwestern Australia but allows Santos to take over the driver’s seat as the new operator of the Barossa backfill project intended to extend the production life of the country’s second-oldest LNG export terminal in Darwin

Australia United States

Black Quay draws up South Australia port masterplan

It is expected to be one of the most complex and far-reaching port development plans in Australia, taking in multiple commodities across the seven facilities under the group’s control, as well as several business streams within the Flinders Ports group

Australia Containers

LNG Ltd and Delta Offshore agree deal for Vietnamese LNG-to-power project

The integrated project, which includes the construction and operation of an LNG import terminal, 3,200-megawatt combined-cycle power plant and delivery of power generation to the Bac Lieu Province, is expected to begin operations in 2023 pending finalisation of anticipated government approvals

Vietnam Singapore

Woodside and Uniper seal 13-year LNG supply deal

Uniper expected to use the supply to boost its LNG trading business in the Atlantic and Pacific basins and expand its portfolio in the region
Asia Pacific Australia

Australia cracks down on shipping’s ‘slave labour’ issue

AMSA reiterated it had clear powers to ban ships for breaches of international maritime regulations and would not tolerate operators profiteering in Australian waters on the back of ‘modern day slave labour’

Asia Pacific Australia

Hong Kong-flagged vessel detained in Australia for MLC contravention

Just last week, another China-owned bulker Fortune Genius was detained, also over unpaid crew wages

Asia Pacific Australia
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