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Asia Pacific

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

MOL orders next-generation coal carriers

The group anticipates ongoing orders for EeneX vessels and expects them to play a leading role in its coal carrier business

Japan Dry Bulk

POSH set for delisting in January

The Singapore Exchange is set to lose yet another offshore listing following the delistings of Vard and Otto Marine

Offshore Finance

ONE to offer slots on Nyshex

ONE will start posting offers on the exchange this month for transpacific eastbound trade

Containers Ports and Logistics

Closure of Indian mines to drive new demand for iron ore trade

India will have to import at least 10m tonnes of iron ore next year to meet its domestic demand

India Dry Bulk

Globus Maritime cites negatives for dry bulk shipping

The company posted a small profit increase in the third quarter, thanks to higher freight rates and a gain on derivatives

Dry Bulk Asia Pacific

IMO 2020 transition faces obstacles to bunkering

Notwithstanding the added complexity the regulation presents to its bunker operations, Singapore will remain the preferred destination for refuelling of ships for some time to come, say observers

Bunkers Environment
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China

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

Carriers slow to remove capacity ahead of Chinese New Year

Fears grow of slew of late blankings as container lines react to seasonal slowdown

Containers Political and Trade

Petredec takes two more 22,000 cu m ethylene ships

Two exercised optional vessels will be delivered in May and September 2022

Tankers and Gas LPG

‘Winning’: the most overrated word in a trade war

The current trade figures suggest that Donald Trump may be losing the upper hand in the US-China trade conflict

Asia Pacific Containers

CSSC unveils LNG-powered 25,000 teu ship project

Newly unveiled design comes despite scepticism about whether the size of the current largest boxship of 23,000 teu class should increase further

Containers Shipbuilding

Ethane to feed China’s gas shipbuilding ambition

Chinese shipbuilding content is an expected feature of bilateral ethanol and LNG trade talks

Tankers and Gas Shipbuilding

Chinese ownership of foreign ports concerns are ‘overstated’

Slowing growth of Belt and Road Initiative and a focus on local consolidation limit Chinese terminal ambitions

Asia Pacific China
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Japan

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

MOL orders next-generation coal carriers

The group anticipates ongoing orders for EeneX vessels and expects them to play a leading role in its coal carrier business

Japan Dry Bulk

NYK Line and Pertamina form LNG tie-up

Discussions are underway on a joint business, involving the ownership and management of LNG carriers as exclusive partners

Indonesia Tankers and Gas

IMO 2020 may see $15bn losses for JCC-linked LNG contracts

Liquefied natural gas buyers committed to offtake arrangements based on Japan crude cocktail-linked prices would benefit at the expense of sellers

 

International Tankers and Gas

MOL to order Japan’s first LNG-fuelled ferries

These newbuild ferries that are designated to serve the Japanese market spell MOL’s first announced LNG dual fuel newbuild orders since the delivery of the shipping line’s first LNG dual fuel tugboat in February

Japan Bunkers

VLCCs and Japanese-built handysizes best bet for asset plays

Limited opportunities for asset plays in the past 10 years, as well as the current cautious approach to investment in the next generation of new ships, suggests that certain sectors may spike in the next two to three years

Asia Pacific Dry Bulk
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South Korea

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

Singapore regulator baulks at HHI DSME merger

Competition regulators are concerned as to whether alternative suppliers will be sufficiently strong to compete as competitors to the proposed merged behemoth

South Korea Consolidation

Houthi militia seizes Saudi tug in Red Sea

South Korea has reportedly demanded the release of the vessel and its crew, but the Houthi group wants to run ownership checks before committing to a release

Saudi Arabia Piracy and Security

HMM’s bulk shipping helps reduce losses

South Korean carrier has again warned of risks brought by the worldwide geo-political uncertainties

Asia Pacific Containers

MOL Chemical Tankers in Ulsan port tank storage tie-up

Ulsan is South Korea’s main petrochemicals centre handling a wide range of chemicals, and is strategically located near top chemical consumer China

Asia Pacific Tankers and Gas

Yang Ming losses widen on weak cargo demand

Company saw T$1.4bn losses from not exercising the buy options for certain vessels that it sold and leased back earlier

Asia Pacific Containers

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
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Australia

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

Perception is a key element in the autonomous discussion

Several studies of the benefits of autonomous transportation have concluded that it is not enough to argue that controlling cost makes the investment worthwhile. Unmanned is still not seen as safe.

Technology and Innovation Safety

IMO 2020 may see $15bn losses for JCC-linked LNG contracts

Liquefied natural gas buyers committed to offtake arrangements based on Japan crude cocktail-linked prices would benefit at the expense of sellers

 

International Tankers and Gas

Queensland LNG exports feel impact of softer demand

Buyers are said to be seeking lower cost alternatives to contracted LNG volumes with projects in the Australia’s north-eastern state

Australia Tankers and Gas

Australia starts to supply VLSFO

The availability of VLSFO or compliant fuels is increasing rapidly as the IMO deadline approaches, according to IBIA

Ports and Logistics Bunkers

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
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