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Asia Pacific

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

Shipping should watch China with a big caveat

China’s economic resilience may allow it to withstand a few more months of the current ordeal of uncertainty before the lockdown measures are eased next year. But the political landscape is more troubling 

Asia Pacific Containers

MOL Group partnership to boost fleet-wide fuel efficiency

MOL has set targets to reduce greenhouse gas emissions intensity in marine transport by approximately 45% by 2035

Asia Pacific Japan

AET partners with PTT on ammonia-fuelled aframax order

Singapore shipowner AET Tankers will order two zero-emission aframax tankers fuelled by green ammonia. The deal is enabled owing to long-term charters on the vessels with Thailand’s state-owned energy firm PTT

Asia Pacific Tankers and Gas

Yangzijiang offered maritime funding for LNG carriers

Chinese shipbuilding guru Ren Yuanlin reveals how he aims to better combine the strength of finance into the family business

Asia Pacific Tankers and Gas

Imabari Shipbuilding collaborates with Hitachi Zosen on engines

Hitachi Zosen will spin off its marine diesel engine business and allow Imabari to acquire a 35% stake in the new company

Asia Pacific Containers

MISC consortium seeks funding for LNG carrier project

Funding proposals sent to affirm banks’ commitments for the project given the rising interest rate backdrop

Asia Pacific Tankers and Gas
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China

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

Fratelli Cosulich signs ammonia bunker tanker deal with CIMC yard

Deal agrees to the construction of an ammonia bunker tanker without any further details on price or delivery

Asia Pacific Singapore

Shipping warned over slowdown in China

China’s return to infrastructure spending and stimulus packages to spur economic growth bodes well for shipping. However, a perceived long-term deceleration is worrying, a Marine Money forum hears

Asia Pacific Containers

China Merchants doubles LNG carrier orders at compatriot yard

The contract price, $200m per ship, is significantly lower than the current market average of about $250m

Asia Pacific China

DP World wins latest judgment in Djibouti concession case

Djibouti seized control of the Doraleh Container Terminal in 2018

Asia Pacific Hong Kong

Cleaves sees upside for dry bulk stocks

The Norwegian investment bank has a buy rating on the segment with top picks Genco Shipping & Trading, 2020 Bulkers and Himalaya Shipping

Dry Bulk International

LNG licence agreement seen as a breakthrough for Yangzijiang

Chinese builder’s prospects lifted by approval for LNG cargo containment systems and reported MSC boxship orders

Asia Pacific Containers
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Japan

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

MOL Group partnership to boost fleet-wide fuel efficiency

MOL has set targets to reduce greenhouse gas emissions intensity in marine transport by approximately 45% by 2035

Asia Pacific Japan

Singapore considers green corridor deal with Japan

Plan discussed during a visit to Tokyo and Yokohama by members of the Maritime and Port Authority of Singapore

Singapore Japan

Japan and Australia ramp up ammonia supply chain study

Japan is one of the leading proponents of the use of ammonia as a new green fuel

Australia Japan

LNG carrier rates gain as Europe and Asia compete for cargoes

Number of LNG carriers available for spot market charter remains tight, further adding to pressure on rates ahead of winter

Tankers and Gas LNG

MOL agrees three LNG carrier deal with China’s ENN

The carriers will be engaged mainly in the transport of liquefied natural gas, procured by ENN under long-term contracts, to China

Asia Pacific China

Ammonia-fuelled gas carrier projects receive approval in principle

Ammonia is expected to be introduced most quickly to capable liquefied petroleum gas carriers, said Hyundai Heavy Industries chief technical officer Won-ho Joo

International Tankers and Gas
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South Korea

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

KDB reported to be close to DSME sale

Bank officials could call an emergency board meeting as soon as later today to make a decision on the DSME sale to the defence-to-chemicals conglomerate

South Korea DSME

South Korean yards in ESG and tech tie-ups

HHI will use Palantir’s Foundry platform to help with digital twinning and other automation projects as part of its Future of Shipyard vision

Asia Pacific South Korea

KSOE wins orders worth $378m for eight vessels

The containership order includes options for two additional vessels, taking potential orders up to six

Asia Pacific South Korea

KDB to be more flexible as it prioritises DSME privatisation

After the stalled attempt to merge it with Hyundai Heavy Industries, Korea Development Bank has now made it a priority to privatise Daewoo Shipbuilding & Marine Engineering, claiming it is not efficient for the bank to remain the majority shareholder

Asia Pacific South Korea

Yang Ming close to agreeing first boxship order in three years

World’s ninth-largest liner operator’s last investment in newbuildings was in 2019 via a long-term charter deal with a Japanese non-operating owner

Taiwan South Korea

Hyundai Glovis wins record car transport deal

Three-year deal worth $1.6bn to transport vehicles to Europe, the US and Asia begins in 2023. The easing up of lockdowns in key global economies has spurred a sharp resurgence in the car carrier sector and is shifting trade patterns

Asia Pacific South Korea
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Australia

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

Japan and Australia ramp up ammonia supply chain study

Japan is one of the leading proponents of the use of ammonia as a new green fuel

Australia Japan

Deal signed to develop green hydrogen carrier projects

Companies are aligned on the commercial and technical benefits of compression for the storage and transport of hydrogen

Asia Pacific Europe

Australia’s grain shipments remain stable in first half

Australia is a major net exporter of agricultural products, including the type of products being disrupted by the situation in Ukraine, such as wheat and corn

Australia Dry Bulk

71 Melbourne (Australia)

Strikes and congestion weigh on throughput at the southeast Australian port

Top 100 Ports Asia Pacific

75 Sydney (Australia)

While protests by workers and climate activists continue to make headlines, the port’s record throughput remains resilient

Top 100 Ports Asia Pacific

Panama yet to report on Gulf Livestock 1 tragedy

Panama is yet to publish a casualty report nearly two years after the Gulf Livestock 1 sunk off Japan with the loss of 41 people and 5,800 cattle on board, though Australia says the report could be ‘imminent’

Casualty Political and Trade
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