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Asia Pacific

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

The time is right for digitalisation to change the shipping industry

The advent of the internet combined with a prolonged downturn have created ideal conditions for a digital sea change in shipping, says Containerchain’s Chris Collins

Asia Pacific Europe

Will VLGC owners cry or laugh over higher Panama Canal tolls?

Bullish scenario of more tonne-miles is possible, but bunker prices are not low enough

Tankers and Gas LPG

Supramax rates hit five-week high on US Gulf and Southeast Asia trades

Chinese firms busy fixing nickel ore shipments from Philippines

Ultra and supras Dry Bulk

KHI axes newbuilding contract with Island Offshore unit

Client is facing financial difficulties
Asia Pacific Japan

Hanjin Heavy issues $50m loan to Philippines unit

Move comes after full acquisition of the Subic Bay-based yard operations
Asia Pacific South Korea

Box shortages hamper containerisation of commodities

Lack of equipment means exporters are failing to benefit from cheap container rates
United States Asia Pacific
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China

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

Supramax rates hit five-week high on US Gulf and Southeast Asia trades

Chinese firms busy fixing nickel ore shipments from Philippines

Ultra and supras Dry Bulk

Cosco Shipping secures $543.9m in Cexim loans to fund 10 tanker newbuildings

The latest loan is part of the larger $4.2bn financing agreement inked between Cosco Shipping and Cexim
Tankers and Gas Finance

Will US LNG make a splash in China?

According to Wood Mackenzie, burgeoning US liquefied natural gas supplies accounted for almost 7% of China’s LNG imports in March this year, and a recent Forbes article by Jude Clemente predicts significant growth for US LNG imports to China over the next few decades. Why? He cites factors such as: natural gas pricing, air pollution and the ongoing development of China’s economy. Clemente prophesises: “Just imagine the possibilities: if the Chinese ever consume like Americans, global gas demand would effectively double.”

To investigate further, Leah Kintheart asked several global energy thought leaders what they think LNG demand in China will look like in the short and long term and where they think US LNG might fit in.

Tankers and Gas China

China MSA conducts special investigation into bulk carriers

The investigations will continue until the end of December this year 

China Casualty

Singamas Container expects to return to the black

Growing global trade and policy changes in China help to boost the bottom line.

Containers Finance

Evergreen launches Alibaba service

Line targets small-volume shippers with its own logistics division

Containers Evergreen
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Japan

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

KHI axes newbuilding contract with Island Offshore unit

Client is facing financial difficulties
Asia Pacific Japan

South Africa shoots down Japan's big box merger plan

History of collusion comes back to bite Japanese names in South Africa
Middle East and Africa Asia Pacific

Taiwan's China Steel Corp orders four newcastlemaxes for $187m

Company orders two vessels at compatriot yard CSBC Corp and two at Japan Marine United.

Dry Bulk Shipbuilding

Yard Talk | Japan’s digitalisation

From eco ships to smart ships, Japanese yards seek to lead the pack in innovation again

Shipbuilding Yard Talk

ONE set to become world’s fifth-largest box carrier

Drewry predicts a second wave of mergers soon involving medium-size carriers – leading to even fewer options for shippers – as Japanese lines’ merger progresses
Asia Pacific Japan

In the same bit of sea

It takes two ships to collide
Casualty Crewing
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South Korea

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

Hanjin Heavy issues $50m loan to Philippines unit

Move comes after full acquisition of the Subic Bay-based yard operations
Asia Pacific South Korea

Korea Line inks 20-year LNG shipping deal with Kogas

Korea Line to deploy two LNG carriers to ship the cargoes
US States Asia Pacific

DSME postpones four-vessel order on owner’s request

Delivery date pushed back to April 22, 2019
Shipbuilding Finance

DSME gets $50m out-of-court settlement for axed order

Dong Energy and Technip France each paid $25m in decommissioning expenses to DSME
Asia Pacific South Korea

DSME creditors to start financial aid programme

Move comes despite investor's lawsuit to block the debt restructuring process
Asia Pacific South Korea

HMM unveils weekly north China-west India service

China West India Express to be operated with four other carriers.
Containers Ports and Logistics
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Australia

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

Pilbara to raise port dues

Authority's board approves plan to raise fees as export volumes reach new highs
Dry Bulk Ports and Logistics

Lloyd's List awards launches in Asia Pacific

New name, new judges, but the same focus on showcasing the best of the region's maritime industry 
Lloyds List Awards Asia Pacific

Capesize spot rates slip below $10,000 per day amid summer lulls

Long-term outlook remains positive as Songa Bulk makes further purchase

Dry Bulk Capes

Australia sends a record 38m tonnes of iron ore exports to China

Chinese ports' stockpiles hit a high of 139m tonnes during May
Dry Bulk Australia

Lack of trading activity drives down capesize earnings

Seasonal upswing in coal and iron ore demand to help market remain positive in the second half of the year

Dry Bulk Capes

Ailing capesize market loses upward momentum

Overall slow Chinese demand hurts owners even as longhaul bauxite trade supports tonne-mile demand

Dry Bulk Capes
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