Asia Logistics News


Oil Leak at Malaysian Terminal Contained as Clean-Up Op Begins

Apr 04, 2025

The Johor Port Authority has informed the Maritime and Port Authority of Singapore (MPA) that the oil leak at Langsat Terminal has stopped and that the spill clean-up at the site is ongoing.On April 3, an oil patch was sighted in the eastern Johor Strait off the northeastern coast of Pulau Ubin…

CK Hutchison Reports 11% Profit Drop in 2024

Mar 20, 2025

CK Hutchison on Thursday reported an 11% drop in underlying profit for 2024, as one of Hong Kong's most powerful conglomerates becomes increasingly embroiled in a political row over the sale of its ports business to a BlackRock-led consortium…

Philippines Confident in US Support under Trump

Nov 07, 2024

The Philippines expects U.S. policy in the Indo-Pacific and support for its treaty ally amid South China Sea tensions to remain steady under Donald Trump, driven by bipartisan resolve in Washington, its ambassador to the U.S. said on Thursday…

PSA to Trial Amperesand’s Solid-state Transformer Technology

Oct 24, 2024

In a significant move towards sustainable logistics, PSA unboXed, the innovation and corporate venture capital branch of PSA International, has partnered with Amperesand, a provider of grid infrastructure solutions. Together, they are launching…

Fire Erupts at Oil Depot in Crimea

Oct 07, 2024

A fire broke out at an oil depot in the city of Feodosia on the Crimean coast of the Black Sea, Russian-appointed officials in the Crimean Peninsula that Moscow annexed from Ukraine in 2014 said on Monday.There were no casualties, Oleg Kryuchkov…

Oil Loadings from Russia's Port of Novorossiisk Revised Up for October

Oct 07, 2024

Oil exports from Russia's Black Sea port of Novorossiisk were revised up by 0.22 million metric tons from a previous forecast to 2.42 million tons for October, two sources familiar with the plan said on Monday.Initially oil loadings from Novorossiisk…

Singapore High-sulphur Bunker Fuel Premiums Soar

Oct 03, 2024

Spot premiums for 380-cst high-sulphur marine fuel at Singapore, the world's largest bunker hub, have surged due to the tight supply available for prompt deliveries, market sources said.The price strength for the fuel, which is used to power ships…

Russia's Seaborne Oil Product Exports Dip

Sep 20, 2024

Russia's seaborne oil product exports in August fell to 9.074 million metric tons, down 2.3% month on month, data from industry sources and Reuters calculations showed.Russia's offline primary oil refining capacity for August at 2.95 million tons was up from July's level by some 3%…

Southeast Asia Expected to Boost Coal Trade

Sep 20, 2024

Southeast Asian countries such as Vietnam and Philippines are expected to boost coal trade and consumption this decade, industry officials say, even as demand from top consumer China approaches its peak.The Indonesian Coal Miners Association (ICMA) expects imports by China and India to peak in 2025…

CMA CGM Kaohsiung Terminal Orders Hybrid RTG Cranes

Sep 17, 2024

In Q3 2024, CMA CGM Kaohsiung Terminal Co. Limited ordered five hybrid Konecranes Rubber-Tired Gantry (RTG) cranes for its container handling operations at the main port in Taiwan. The cranes will be delivered in mid-2025 with the most sophisticated…

CK Hutchison Plans to Raise Up to $1.5 Billion in Dollar Bonds

Sep 10, 2024

Hong Kong conglomerate CK Hutchison is planning to raise up to $1.5 billion in a two-tranche dollar bond deal, according to two sources with direct knowledge of the matter.The company is looking at issuing a 5.5-year and 10-year dollar bond…

Oil Loadings at Russia's Western Ports on the Rise

Sep 06, 2024

Russia will increase oil exports via its western ports to 1.98 million barrels per day (bpd) in September, up by just 30,000 bpd from August, despite expected start of seasonal maintenance on Russian refineries, two trade sources said on Friday…

Wärtsilä to Help Singapore Develop Next Generation Vessel Traffic Management System

Sep 05, 2024

Wärtsilä has secured a contract from the Maritime and Port Authority of Singapore (MPA) to develop the prototype for a cutting-edge vessel traffic management system. This initiative, known as the Next Generation Vessel Traffic Management System (NGVTMS)…

LNG Carriers Line Up At Malaysia's Bintulu Complex After Maintenance

Sep 03, 2024

A backlog of liquefied natural gas (LNG) tankers is waiting to load at Malaysia's Bintulu terminal this week after outages and maintenance work disrupted production, according to industry sources and shiptracking data.The Bintulu facility in Sarawak…

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