South & Central Asia
Swire Seabed Strengthens Commercial Division
Swire Seabed has welcomed two new members to its commercial team – Mark Colbridge as commercial manager, Middle East & Asia Pacific and Are Nordahl as head of sales in Swire Seabed. Colbridge started in January 2018 and is based in Singapore at the newly established Swire Seabed Singapore office, ma
Viking Line Bins Option for Second Cruiseferry at Xiamen
Viking Line has decided not to order another cruise vessel from Xiamen Shipbuilding Industry.
IHC Presents Non-Radioactive Slurry Density Measurement Tool
Royal IHC, a supplier of innovative and efficient equipment, vessels and services for the offshore, dredging and wet mining markets, recently presented a patented non-radioactive slurry density measurement tool for inland CSD dredgers at CEDA Dredging Days. In order to present this new development t
Japan’s ONE Starts Taking Bookings
Ocean Network Express will start accepting bookings in stages from February 1, 2018.
HMM Inks Crude Oil Shipping Deal with GS Caltex
HMM has signed a long-term crude oil shipping contract with compatriot oil refiner GS Caltex.
Infographic: Top 10 Global Fleets Worth USD 516 Bn
Greece remains on the throne of the top shipowning nations by value whose combined fleet is worth USD 516 billion.
VesselsValue: Chinese Owners Take the Lead in VLCC Market
VesselsValue: Chinese companies dominate the ownership of very large crude carriers.
China CSSC Holdings Facing Delisting amid Losses
Chinese shipbuilder China CSSC Holdings Limited is facing a risk of being delisted from the Shangai Stock Exchange.
Avance Gas’ Ship Collides with Anchored Tanker in South Korea
VLGC Passat collided with the anchored crude oil tanker New Confidence on January 31 off South Korea.
K Line Posts Nine-Month Profit
K Line ended the first three quarters of 2018 FY with a profit of JPY 9.3 billion (USD 85.5 million).
Master Plan for Pasig River Finalized
The Pasig River Rehabilitation Commission (PRRC) and the University of the Philippines Planning and Development Research Foundation, Inc. (UP PLANADES) presented the 2017 to 2032 Pasig River Integrated Strategic Master Plan (PRISM) at Sequoia Hotel on January 24, 2018. “We are pleased that all the w
Drewry: slippages from 2017 to prevent LNG charter rates recovery
Increasing vessel supply will keep liquefied natural gas (LNG) charter rates under pressure in 2018, despite strong growth in trade, according to a report by the shipping consultancy Drewry. Drewry’s short-term outlook for LNG charter rates remains pessimistic because of the high fleet growth rate c