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Asia Pacific

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

China Merchants Port raises $100m from virus-control bonds

More than 60 entities have raised Yuan7.5bn from the so-called virus-control bonds in the period from February 10 to February 21, according to Wind’s data

Asia Pacific Containers

POSH wins major Petronas towage contract

PDLNG Dua is slated to be the world’s first FLNG vessel to operate in deep water

Malaysia Offshore

Coronavirus: Container truck drivers returning to Ningbo port

Development comes as the disease disrupts shipping and port operations, with increased blank sailings leading to a volume loss of 1.7m teu

Asia Pacific Containers

India orders crews to stay on board ships at risk of coronavirus

Ships from specified countries are allowed to berth. However, their crews will not be allowed to disembark regardless of nationality

India Containers

Tonne-mile demand for US gulf crude shipments contracted last year

Crude tanker tonne-mile demand for imports and exports out of the US Gulf contracted for the first time in 2019, as gains made in rising exports of shale oil failed to offset those lost via declining imports, according to Lloyd's List Intelligence data.

Tankers and Gas Canada

Coronavirus: Shippers allowed shipside loading and pickup amid packed port storage yards

Measures are expected to help ease storage yard congestion as many ports in the country are still struggling to bring trucker drivers back to work

China Containers
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China

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

Tonne-mile demand for US gulf crude shipments contracted last year

Crude tanker tonne-mile demand for imports and exports out of the US Gulf contracted for the first time in 2019, as gains made in rising exports of shale oil failed to offset those lost via declining imports, according to Lloyd's List Intelligence data.

Tankers and Gas Canada

Coronavirus: Shippers allowed shipside loading and pickup amid packed port storage yards

Measures are expected to help ease storage yard congestion as many ports in the country are still struggling to bring trucker drivers back to work

China Containers

Coronavirus: Chinese owners seek sulphur cap reprieve

CSOA vice-chairman Zhang Shouguo says the advice also factors in the possible shortage of low-sulphur fuel supply amid the impact of the disease

China Coronavirus

Maersk sets sights on recovery after lowering expectations over coronavirus

A return to normal factory production levels in China will not be felt by carriers until the second quarter

Europe Asia Pacific

Sembmarine flags ups and downs from coronavirus outbreak

The outbreak has no immediate impact on ground operations but discussion is under way to mitigate supply chain disruption, Sembmarine group chief executive, Wong Weng Sun said  

China Singapore

Coronavirus slows dry bulk market to a crawl

BHP warns that if the outbreak is not contained by March or in case it re-emerges, that would be damaging for both real activity and market sentiment

China Dry Bulk
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Japan

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

Ships poised for new CO2 measures in 2022

Once again, the IMO will discuss measures to reduce carbon intensity for ships next month, with proposals indicating that ships will have to start complying with at least one new piece of red tape in 2023

Japan Norway

Japan defends proposal to cut CO2 emissions

Japan says a recent study from the ICCT on engine power limits does not evaluate its proposal to reduce emissions and conflating the two criteria brings about confusion

Japan Fuels

K Line orders LNG carriers for Petronas contract

The 12-year contract starts in 2022, with an option for an extension for a further 12 years

K Line Tankers and Gas

Qatar summit speakers take the long view

Global association heads will be taking the longer view to identify the key challenges and solutions for an industry in transition at the Lloyd's List Maritime and Logistics Summit in Doha

Qatar Japan

MOL appoints new head of chemical tanker unit

Top management change has been timed to follow MOL Chemical tankers making its first forays into tank terminal business

Japan Tankers and Gas

Japanese lines optimistic on outlook for tanker markets

MOL has made structural and management changes to reflect increasing interest in offshore gas projects and renewables

Dry Bulk Tankers and Gas
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South Korea

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

Tonne-mile demand for US gulf crude shipments contracted last year

Crude tanker tonne-mile demand for imports and exports out of the US Gulf contracted for the first time in 2019, as gains made in rising exports of shale oil failed to offset those lost via declining imports, according to Lloyd's List Intelligence data.

Tankers and Gas Canada

US seaborne crude oil exports up 51% in 2019, says BIMCO

The US Energy Information Administration forecasts the US will export more crude oil and petroleum products combined than it imports this year, and will be a net exporter until 2050

Tankers and Gas BIMCO

Evalend increases VLCC tally in South Korea

Evaland confirmed the first three very large crude carriers to Lloyd’s List when they were ordered a year ago

South Korea Shipbuilding

South Korea unveils $690m domestic shipbuilding package

Smaller South Korean shipping firms will be able to receive financing up to 80% of the cost of new vessels from a combination of banks and policy lender Korea Development Bank

South Korea Finance

Yard Talk | No end to state subsidy seen

Shipbuilding nations advocating market-based rules, such as Japan, have been disappointed by continuing government handouts from competitors, but the frustration is unlikely to go away anytime soon

CSSC Shipbuilding

HHI signs tanker orders worth $229m

The South Korean shipbuilder expects the market to improve this year in certain segments. The improved prospects are helped in part by stricter environmental requirements in shipping 

South Korea Tankers and Gas
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Australia

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

Yang Ming boxship released in Sydney

The 4,250 teu YM Eternity is freed after having been detained by the Australian Maritime Safety Authority since last weekend

Containers Ship operations

Cyclone Damien to add to dry bulk market woes

The upgraded category of the cyclone makes it comparable to Cyclone Veronica, which severely hit the dry bulk market last year

Australia Dry Bulk

Coronavirus: Australia to quarantine vessels from China

Fears are emerging of a breakdown in the supply chain as ports increase restrictions on visitors from China

Australia China

Should shipowners be investing in zero-carbon fuel production?

Zero carbon fuels such as ammonia will be necessary to meet decarbonisation targets, but should shipowners be considering investment further upstream in their production?

Australia Bunkers

Baltic Capesize Index drops to all-time low

Fewer shipments from Brazil and Australia coupled with higher fuel bills have hit the segment

Australia China

Maritime union criticises Australian response to coronavirus

At present, merchant vessels are only required to self-declare any quarantine or biosecurity threats before arrival into Australia

Australia Containers
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