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Asia Pacific

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

Hin Leong shipowning affiliates placed under court supervision

The Xihe entities placed under judicial management hold five of a 136-strong fleet owned by the family of Hin Leong’s founder

Singapore Tankers and Gas

MISC second-quarter net profit drops 25% on impairments

The second half of the year will be tough for all segments as the effects of the coronavirus backdrop continue to weigh on various aspects of the global economy, MISC says

Malaysia Tankers and Gas

Grounding case highlights need for passage planning shake-up

Possible reforms include better pre-sailing checks, verification by company shore teams, greater use of new tech such as big data and Ecdis, and even the right for qualified second mates to challenge a master’s authority

International China

Carriers quizzed by China over transpacific rate surge

Shippers’ accusation of profiteering by carriers would only make sense if China was still a ‘planned economy’, said one executive

Asia Pacific Containers

Hong Kong tests port workers after coronavirus cluster

Hutchison-operated Hong Kong International Terminals said they were taking stringent precautionary measures to ensure the health and safety of the workers in the terminals and avoid infection.

Hong Kong Singapore

Cargo carrier runs aground in central Philippines

No damage or oil spill has been reported following the incident, which comes as the Philippines is in the middle of the typhoon season

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

Grounding case highlights need for passage planning shake-up

Possible reforms include better pre-sailing checks, verification by company shore teams, greater use of new tech such as big data and Ecdis, and even the right for qualified second mates to challenge a master’s authority

International China

Chinese port congestion accounts for 40% of crude floating storage

The pace and scale with which floating storage around the world can be unwound over the second half of 2020 will be key to determining the direction of tanker earnings

Asia Pacific China

Norden adds ultramaxes to newbuilding order

The Danish company has already agreed a sale and leaseback deal for two of the newbuilding vessels

Dry Bulk Shipbuilding

Taizhou Kouan Shipbuilding seeks restructuring investors

China’s shipbuilding association warned that the backlog of most domestic yards will not last beyond 2021, while the pandemic-led restrictions on entry of foreign owners, crew and service engineers had disrupted many ship deliveries

Asia Pacific Dry Bulk

CSSC Shipping signs leaseback deal for Goldwin-linked product tankers

Ms Jiang is chairman of Goldwin Shipping, which ordered two 56,000-dwt chemical tankers at CSSC’s Chengxi Shipyard 2017

Asia Pacific Tankers and Gas

OOIL's former chief executive makes comeback

Huang, also a vice-president at Cosco Shipping, has nearly 40 years of experience in container shipping

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

Panama vows ‘full co-operation’ over grounded vessel

Almost all the fuel oil has been removed from onboard the Japanese bulker Wakashio, which is grounded on a reef off Mauritius, according to the island’s Prime Minister Pravind Jugnauth

Mauritius Japan

Japan launches first LNG-VLSFO bunker tanker

Tanker is owned by a joint venture of Sumitomo Corp, Yokohama-Kawasaki International Port Corp and Uyeno Transtech

Japan Tankers and Gas

MOL forecasts more car carriers will be scrapped

Lloyd’s List Intelligence showed 30 car carriers from different companies are laid up at Malaysia’s Labuan anchorage alone, and older carriers may be headed for the beach

International Japan

Mitsui E&S in talks to join with Tsuneishi

The two sides are expected to reach an accord by the end of 2020 and are continuing with discussions on investment proportions and other financial details

Japan Consolidation

South Korea sees more coronavirus cases from Russian crew

South Korea has been conducting onboard quarantine checks of Russian ships arriving in Busan ports since late June

Japan Dry Bulk

Japan Club incurs $16m full-year loss

International Group’s only Asian member may have seen claims experience deteriorate, brokers believe

Japan Insurance
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South Korea

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

DP World expands with majority stake in logistics operator

Terminal operator takes next steps in vertical consolidation of supply chain

Asia Pacific South Korea

Korean Register sets course for digital transition

KR is working with its customers on granting survey extensions during the pandemic, keeping in close contact with International Maritime Organization regulation updates and is developing e-certification systems

South Korea Korean Register

Yard Talk | Tie a knot and hold on

While the South Korean majors are being vexed by weaker prospects of liquefied natural gas carrier newbuildings, China’s largest shipbuilding group is facing the risk of potential US sanctions and the escalating tension between the two countries can only deepen the malaise

China Japan

New shipping group link to newbuilding MR tankers

The vessels are expected to be delivered in the third quarter of next year

Tankers and Gas Shipbuilding

Hyundai Mipo wins $144m in MR tanker orders

Korea Shipbuilding & Offshore Engineering, formally known as Hyundai Heavy Industries, has so far hit only 11.1% of its 2020 target

Asia Pacific Tankers and Gas

DSME and Rotterdam sign three-year research deal on smart ships and ports

DSME and Port of Rotterdam are planning to work on technologies that enable smart ships to interface with smart ports and aim to get a head start on the global remote-controlled and autonomous ship market of the future

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

Seafarers stop ships as crew crisis worsens

ITF calls for action as ship crews begin to take up rights to stop working beyond contracted period

Asia Pacific Australia

Another bulker detained in Australia for crew violations

MUA said massive underpayment of wages was discovered when the vessel docked in Brisbane earlier in July, and although the crew was paid the $93,000 they were owed, once the vessel left port the Burmese seafarers were allegedly intimidated by ship officers to hand back the wages in question to shipmanagement

Australia Dry Bulk

Australia bans Chinese dry bulker over underpaid crew

Disembarked Burmese crew are now said to be stranded in Brisbane due to the lack of flights to Myanmar, with all expenses covered by the shipowner and shipmanager

Asia Pacific Dry Bulk

Marmaras rejects allegation of ‘shameful’ crew pay policy

The outstanding sum will be paid in cash today, company insists

Australia Greece

Australia cracks down on container handling after spate of losses

Poor adherence to Solas rules on container stowage behind box losses, says AMSA

Asia Pacific Australia

Tackling bulk emissions at anchor

Emissions from bulk vessels at anchor can be significant

International Canada
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