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Asia Pacific

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

Carrier results will give insight into coronavirus impact

Reduced volumes out of China in the first quarter will likely lower earnings estimates for the 2020, but an increase in volume could follow the reopening of China’s factories

Asia Pacific China

Tanker at centre of Venezuela power struggle over crude cargo sails

Tanker has discharged crude cargo at Jose offshore terminal and left the port, switching off AIS

Venezuela Namibia

Rising long-haul trades ‘turn tanker demand positive’ in 2020

Shipbroker Braemar ACM forecasts rising longer-haul voyages to Asia to offset coronavirus-led falls in demand growth

Venezuela Namibia

Coronavirus: Rates fall despite carriers’ efforts to cut capacity

Shippers are being advised to keep in close contact with their carriers or agents amid ‘daily changes’ of blank sailings

Asia Pacific Containers

Carriers impose reefer surcharges into China ports

ONE has encouraged customers to consider a change of destination to alternative ports, especially for time-sensitive cargoes

China Containers

Indian government approves structural overhaul of major ports

The new bill will provide more operational autonomy to state-owned ports and bring transparency in operations 

India Ports and Logistics
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China

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

Carrier results will give insight into coronavirus impact

Reduced volumes out of China in the first quarter will likely lower earnings estimates for the 2020, but an increase in volume could follow the reopening of China’s factories

Asia Pacific China

Tanker at centre of Venezuela power struggle over crude cargo sails

Tanker has discharged crude cargo at Jose offshore terminal and left the port, switching off AIS

Venezuela Namibia

Rising long-haul trades ‘turn tanker demand positive’ in 2020

Shipbroker Braemar ACM forecasts rising longer-haul voyages to Asia to offset coronavirus-led falls in demand growth

Venezuela Namibia

Carriers impose reefer surcharges into China ports

ONE has encouraged customers to consider a change of destination to alternative ports, especially for time-sensitive cargoes

China Containers

Chinese owners and leasing banks dominate scrubber investment

Lloyd’s List Intelligence data on scrubber penetration shows at least 2,753 vessels, totalling 328.7m dwt, are now trading and have scrubbers installed

China Ship repair

Coronavirus: Sellers challenged to find new homes for diverted LNG cargoes

Qatargas, Shell and Total are believed to be three liquefied natural gas suppliers hit by CNOOC-declared force majeure

LNG Tankers and Gas
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Japan

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

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

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
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South Korea

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

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

South Korea to send forces to Strait of Hormuz

The expansion of the unit’s sphere of activity is to guarantee safety of South Koreans and freedom of navigation of vessels, says South Korea’s defence ministry

Tankers and Gas Piracy and Security
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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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