Shipbuilding output, new contracts, and orders on hand of China maintained double-digit growth in the first half of this year. Chinese shipbuilding yards received 55.22 million dwt of newbuilding orders in the first…
Singapore shipyard group Seatrium has more than doubled its orderbook in the first half of the year with SGD13.4 billion ($10 billion) worth of new deals. The newly announced projects are worth some…
A wave of AI innovation is set to transform ports, terminals, and warehouses across the Asia Pacific, opening new doors to supply chain optimization for customers. Anders Dømmestrup, Executive Vice President for North…
Privately-owned Chinese shipbuilder, New Times Shipbuilding, plans to expand its production facility in Taizhou, Jiangsu province to meet the growing demand from new building orders. The shipyard will invest RMB5 billion ($691.8 million)…
ABS has published a new advisory covering technical and operational challenges in ammonia bunkering from the perspective of both the source and receiving vessel. Ammonia is among the maritime industry’s future fuel contenders…
Disruption has built on disruption for the tanker markets generally keeping rates at high levels while newbuilding deliveries remain low. In a five-part series mid-year we take stock of shipping markets in the…
A renaming ceremony held yesterday at Drydocks World (DDW) in Dubai marked the completion of two major offshore projects that will underpin oil production in Côte d’Ivoire, West Africa, for at least 15…
Orient Overseas International (OOIL) sees revenue boost despite only a marginal increase in container volumes. The Hong Kong-listed subsidiary of China Cosco Shipping which runs the Orient Overseas Container Line (OOCL) brand reported second quarter revenues…
A surge in demand on the major container trade lanes has seen tonnage redeployed from secondary routes, which in turn will see higher freight rates as a result. Xeneta is warning shippers to…
South Korean container line HMM is launching a new service connecting Asia and Latin America. The Far East – Latin America Express (FLX) launched in cooperation with Ocean Network Express (ONE) will serve…