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Asia Pacific

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

Capacity management driving transpacific rates boost

Trade wars may push post-peak slowdown into the first quarter of next year, putting carriers’ 2019 contract negotiations at risk

Asia Pacific North America

Australia demands end to IMO secrecy

Australia says that transparency and openness reforms should be the first priority for the upcoming IMO debate, but it faces powerful opposition

Australia IMO

ICTSI eyes $100m Visayas box hub

ICTSI plans to carry out dredging works alongside both ports to allow safe passage for the new generation of international ships, while equipping the pair with modern quayside crane handling equipment

Asia Pacific Philippines

Wan Hai signs off on 20 newbuilds

Japan Marine United will build eight 3,036 ships on behalf of Wan Hai and Guangzhou Wenchong Shipyard a dozen 2,038 units

Containers Asia Pacific

Yang Ming sees trade war boosting China’s exports

Revenue has kept growing on more lifting volume, but bunker costs have gone up significantly

Asia Pacific Europe

Capesize earnings fall 66% on Australian iron ore rail outage

Average weighted time charter earnings sink to $11,250 per day 

Dry Bulk Ports and Logistics
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China

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

Capacity management driving transpacific rates boost

Trade wars may push post-peak slowdown into the first quarter of next year, putting carriers’ 2019 contract negotiations at risk

Asia Pacific North America

China agrees to develop Myanmar’s Kyaukpyu port

The project has been greatly scaled down from the $7.5bn one the Chinese had planned initially

China Myanmar

Standard Asia agrees co-operation deal with Ping An P&C

Deal marks a significant milestone in the club’s growth ambitions in China, says chairman

Asia Pacific China

China Merchants signs port deal with Liaoning province

CMG, via a subsidiary, will pay Yuan99.6m ($14.4m) for the new shares to be issued by Liaoning North East Asia Gang Hang Development Co

China Ports and Logistics

Xi pledges to further open up China’s economy

Xi pledges China's imports of goods and services will top $30trn and $10trn, respectively, over the next 15 years

China International

Iran’s oil to keep flowing amid US sanctions

Iran’s oil exports could fall to about 800,000 bpd by the middle of next year, says Facts Global Energy

Tankers and Gas Political and Trade
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Japan

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

Japan takes South Korea to the WTO over shipbuilding subsidy spat

Case documents claim Korean banks have collectively propped up ailing yards, providing more than $10bn to DSME alone since 2015

Japan South Korea

ONE investors reveal impact of start-up ‘teething problems’

Revenues fell across the board, with MOL slipping by 24%, NYK down 14% and K Line sliding 28%

International Japan

China-Japan summit : The bright side for shipping

There will be a subtle strategic game for the two leaders amid Washington’s tough stance against Beijing

Asia Pacific China

Hideaki Saito re-elected as IMO environmental chair

The Marine Environment Protection Committee on Thursday re-elected Hideaki Saito as chair, with Liberia's Harry Conway staying on as vice-chair

International Japan

MOL plans performance monitoring system for 80 bulkers

MOL is installing Napa Fleet Intelligence on 80 of its time-chartered bulk carriers

Asia Pacific Japan

Bulker damaged after hitting bridge in Japan

The vessel’s crane and mast appear to have been damaged, according to Lloyd’s List Intelligence

Dry Bulk Ship operations
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South Korea

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

Japan takes South Korea to the WTO over shipbuilding subsidy spat

Case documents claim Korean banks have collectively propped up ailing yards, providing more than $10bn to DSME alone since 2015

Japan South Korea

Leading Korean yards struggle in third quarter

HHI and SHI have reported a three-month net loss of about $42m and $74m, respectively, in the third quarter

Asia Pacific South Korea

HMM secures $5.3bn state funding

HMM will use $2.8bn to pay for a series of 23,000 teu and 15,000 teu container vessels from various South Korean shipbuilders 
South Korea Containers

Hahn & Co completes SK Shipping deal

Analysts see dry bulk business as first in line to be pruned

South Korea Finance

Russia demands release of sanctioned ship held in Busan

Moscow summons South Korean ambassador to demand release of vessel blacklisted by the US Treasury Department over sanctions on North Korea

Asia Pacific South Korea

SK Group in talks to sell shipping unit

Hahn & Co has plans to purchase $1.35bn of new shares to be issued by SK Shipping

Asia Pacific South Korea
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Australia

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

Australia demands end to IMO secrecy

Australia says that transparency and openness reforms should be the first priority for the upcoming IMO debate, but it faces powerful opposition

Australia IMO

Capesize earnings fall 66% on Australian iron ore rail outage

Average weighted time charter earnings sink to $11,250 per day 

Dry Bulk Ports and Logistics

Sweeping IMO reforms hit flag state opposition

The proposed changes could have a major impact on the progress and outcome of global regulation for shipping, including decarbonisation measures

Australia Environment

Union declares container terminal a ‘Port of Convenience’

MUA claims increased working hours could lead to injuries and plans to put pressure on Philippines-based operator to improve conditions

Australia Asia Pacific

BHP iron ore production up 8% on strong Chinese demand

BHP maintained its fiscal 2019 guidance of 273m to 283m tonnes of iron ore with a keen eye on improving port reliability and performance

Australia Dry Bulk

Livestock vessel's crew abandon ship in Australia over pay claim

Some of its crew members have already been flown out of the country, while details of those who remain detained are still unknown

Australia Casualty
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