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Asia Pacific

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

Algoma partners with Furetank for eco chemical tanker order

Canadian company will jointly own two 18,000 dwt ‘Vinga-class’ tankers ordered by Furetank, together with a pair of additional units that have just been contracted in China

Tankers and Gas Shipbuilding

Study examines role of Indonesia in maritime’s green push

The report proposes three key opportunities for Indonesia, including the potential of establishing Kalimantan as a bunkering hub, the electrification of the small boat fleet and a decarbonisation hub powered by geothermal activities

Indonesia Sustainability

Gulf Navigation refinances five petrochemical tankers

Proceeds will be used to improve Gulf Navigation’s debt levels as the company’s current liabilities exceed its assets

United Arab Emirates China

Keppel Shipyard wins $2.9bn FPSO newbuild contract from Petrobras

Scheduled for completion in the first half of 2026, the P-80 is the second FPSO that Keppel O&M will be building for Petrobras

International Singapore

Jobs project aims to attract maritime’s next generation

Pilot aims to enhance attractiveness of maritime jobs amid competition for talent in Singapore

Singapore Crewing

PaxOcean starts ammonia bunker design project

The initiative aims to support the use of green ammonia as a sustainable marine fuel

Singapore Sustainability
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China

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

Algoma partners with Furetank for eco chemical tanker order

Canadian company will jointly own two 18,000 dwt ‘Vinga-class’ tankers ordered by Furetank, together with a pair of additional units that have just been contracted in China

Tankers and Gas Shipbuilding

Gulf Navigation refinances five petrochemical tankers

Proceeds will be used to improve Gulf Navigation’s debt levels as the company’s current liabilities exceed its assets

United Arab Emirates China

Lockdowns in China’s manufacturing export hub hit logistics services

Yiwu port is closely linked to Ningbo port via its sea-rail services and is being established as the sixth port area of Ningbo port by Zhejiang province

China Containers

China’s LPG imports show moderate rise

The moderate rise in Chinese LPG imports can be attributed to lower operating rates at propane dehydrogenated plants and crackers, coupled with delays in new project start-ups, according to consultant

China Tankers and Gas

Energy-switching and oil inventory build-ups to lift crude and product demand

Closely watched report estimates fuel oil and gasoil substitution to add 510,000 barrels per day to global demand, while building inventories is another positive for seaborne trades

Europe Tankers and Gas

Seaspan rejects force majeure from Chinese yard

Seaspan has more than 50 ships, whose sizes range from 7,000 teu to 24,232 teu, on order with Chinese yards. Softening freight rates could prompt carriers to take advantage of postponed deliveries and seek renegotiate or cancel the existing charterparty 

Asia Pacific Containers
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Japan

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

QatarEnergy awards contracts for seven LNG carriers

MISC, K Line, NYK Line and CLNG enter long-term time charter contract with energy giant for seven large LNG carrier newbuildings

Japan Malaysia

NYK to retrofit LNG-powered tug to ammonia fuel

The modification will begin in fiscal 2023 with the aim of realizing demonstration operations in the port of Yokohama in fiscal 2024

Japan NYK

DSME faces $974m damages claim from Inpex

Claim for damages is related to delays and defects in commissioning the unit

South Korea Japan

Kawasaki wins order for dual-purpose VLGC from NYK

The 86,700 cu m vessel is able to carry liquefied petroleum gas and liquefied ammonia gas simultaneously

Japan NYK

Japanese shipping lines cautious on market outlook

NYK net profit rose 127.3% in the three months to end of June

Japan Containers

K Line wins capesize CVC contracts from JSW Steel

K Line and JSW Steel first signed the multiple CVCs to the Indian steelmaker cargo on supramax vessels back in 2014. The contracts covered a period of eight years, and was recently renewed

Japan India
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South Korea

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

DSME wins LNG carrier order worth $238m

DSME’s new orders this year so far have totalled $6.67bn, and the company has reached about 75% of its annual sales target of $8.9bn

South Korea DSME

DSME delivers two BW LNG vessels

Both vessels will go straight to BW LNG’s clients. BW ENN Snow Lotus will be delivered to ENN, and BW Cassia will handed over to BP

South Korea Tankers and Gas

QatarEnergy awards contracts for seven LNG carriers

MISC, K Line, NYK Line and CLNG enter long-term time charter contract with energy giant for seven large LNG carrier newbuildings

Japan Malaysia

DSME faces $974m damages claim from Inpex

Claim for damages is related to delays and defects in commissioning the unit

South Korea Japan

DSME delivers delayed gas carrier to Knutsen NYK

LNG vessel had been scheduled to be delivered in June, but was delayed due to issues related to the pandemic

International South Korea

DSME sale still on the agenda, confirms KDB

Korea Development Bank rebuffs claims that the bank could split the shipyard into defence and business units to facilitate a sale

South Korea DSME
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Australia

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

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

Pilbara Ports Authority explores ammonia bunkering

‘The potential of ammonia as a fuel to effectively decarbonise the maritime industry is clear; however questions remain on how to maximise safe and efficient fuel delivery in a port environment,’ said Yara Clean Ammonia’s commercial head Murali Srinivasan

Australia Dry Bulk

Oaktree-linked oil tanker banned from Australia on crew welfare issues

Investigations by Australian authorities found evidence that 21 crew members were collectively owed $86,000, while food and water on board did not meet quality standards

Australia Tankers and Gas

Manual freight data entry holding Australia back

Manual freight data entry and a lack of standards is ‘wreaking havoc’ on Australia’s ability to compete, PwC says, adding that an ecosystem-wide approach is needed

Asia Pacific Australia

Is China’s potential coal ban lifting all that bearish for dry bulk shipping?

Analysts are divided about the impact to dry bulk shipping from the emerging news that China is considering lifting restrictions on Australian coal as relations start to thaw between the two sides

Dry Bulk Australia

Pacific Basin bulker stranded off Sydney towed to safety

Pilots boarded the vessel amid improved weather conditions

Australia Dry Bulk
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