APL continues to boost its Asia-Latin America connections with the launch of three new services that will enhance direct connectivity of Asia, Mexico, Central America and West Coast South America (WCSA) and provide faster transit times to and from Asia partially aimed at the fresh fruit and perishable commodities market from Central and South America.
News ID: 78679 Publish Date : 2018/02/28
Freight rates are raring to go after a long break of the Lunar New Year. With cargo volume returning in the Asia-Pacific and Atlantic capesize market, and strong bids seen in the supramax paper market, the Baltic Dry Index (BDI) has climbed to a three week high on Thursday, 22 February at 1,167, up 21 points at day-on-day basis.
News ID: 78662 Publish Date : 2018/02/27
The number of LNG vessels transiting the Panama Canal could grow by 50% in the coming months due to the increase in exports of US fuel, according to the Panama Canal Authority.
News ID: 78582 Publish Date : 2018/02/19
ReCAAP:
A total of seven incidents of piracy and armed robbery against ships were reported in Asia - five actual incidents and two attempted incidents - in January 2018 , compared to 16 incidents reported in December 2017, according to regional piracy watchdog ReCAAP ISC.
News ID: 78485 Publish Date : 2018/02/12
As of early January 2018 , the 10 largest breakbulk operators by deadweight of multipurpose/project/heavy-lift tonnage combined deployed a fleet of 460 ships, says industry analyst Dynamar. The fleet has a total deadweight of 8,136,000 million tons and an aggregate lifting capability of 147,000 tons. The ships’ average age is eight years.
News ID: 78482 Publish Date : 2018/02/12
Japan's largest shipbuilder Imabari Shipbuilding is acquiring a domestic rival Minaminippon Shipbuilding as of April 1. The yard says the move will boost production capacity and international competitiveness.
News ID: 78396 Publish Date : 2018/02/04
The Chairman of the Board and CEO of Islamic Republic Shipping Lines (IRISL) offered condolences to the National Iranian Tanker Company following the sinking of Sanchi.
News ID: 78137 Publish Date : 2018/01/14
The joint venture between Saudi Aramco, Bahri, Lamprell and Hyundai Heavy Industries to build a $5.2bn mega-yard in Saudi Arabia has been officially launched.
News ID: 78095 Publish Date : 2018/01/12
K Line:
2018 promises to be a decisive year for Japan’s K Line Group as the company steams its way toward rebuilding its portfolio strategy.
News ID: 78057 Publish Date : 2018/01/10
Within days of the launch of 2018 , China Cosco Shipping launched a number of new projects to upgrade Piraeus to further strengthen the Greek port as Asia’s gateway to Eastern and Central Europe.
News ID: 78055 Publish Date : 2018/01/10
The Suez Canal Authority (SCA) is extending toll discounts for dry bulk vessels until the end of 2018 .
News ID: 78048 Publish Date : 2018/01/09
NYK president Tadaaki Naito called for promoting environmental issues and the utilization of IoT. "I hope to advance the group’s activities with a focus particularly on the keywords 'green' and 'digitalization' this year," he said.
News ID: 78034 Publish Date : 2018/01/09
As we get ready to turn the page of yet another year, it’s always a good idea to look at the events of the past. With the major milestones and benchmarks of 2017 setting the path and pace for the year to come, we can look at what happened in the container shipping industry to get a better idea of what’s to come. We have split this 2017 in three parts for easier consumption.
News ID: 78028 Publish Date : 2018/01/08
As the 2017 peak season winds down for ocean carriers, a look back finds that it was a season for volume records at many ports, particularly in the US. The rates, however, were another story.
News ID: 78027 Publish Date : 2018/01/08
Drewry:
A fear that there will be a shortage of containers in the coming year is unjustified as factories could increase their production if demand spikes, shipping consultancy Drewry believes.
News ID: 77962 Publish Date : 2018/01/02
It has been quite awhile since the global bulk carrier market has had much to cheer about, but U.S. dry bulk shippers are set to post strong revenue growth in the next two years thanks to soaring Chinese demand for high-grade iron ore from Brazil and Australia.
News ID: 77950 Publish Date : 2018/01/02
In 2018 , Shell's huge floating liquefied natural gas (FLNG) Prelude, the world's largest vessel, will begin its job of extracting and processing gas at sea, reported CNBC.
News ID: 77901 Publish Date : 2017/12/29
With the shipping industry set for $114bn in capital expenditure for newbuildings next year alone finding funding will be a major issue for the industry according to analyst Crucial Perspective.
News ID: 77830 Publish Date : 2017/12/23
Taiwan On the Map:
The concept of the ‘Taiwan miracle’ is not a new one. Today, Taiwan plays a critical role in the global technology supply chain, is an important market for global trade – and is a location that is increasingly ripe for foreign investment.
News ID: 77829 Publish Date : 2017/12/23
In the latest DNV GL podcast series, CEO of VDE, Ansgar Hinz talks about digitalization and the issues that have risen around it. He also addresses cyber crimes and cyber threats and outlines solutions on how to prevent them.
News ID: 77814 Publish Date : 2017/12/22