Asia Logistics News - page 10


Shipbuilding: International WTIV Market Represents a $14B Opportunity

Aug 09, 2021

As of end-June 2021, more than 100 turbine and foundation installation and maintenance vessels will be required for offshore wind projects planned over this decade.More than 100 turbine and foundation installation and maintenance vessels will…

Cavotec to Deliver Cable Reel Systems for Port of Tokyo Gantry Cranes

Jul 26, 2021

Engineering firm Cavotec has won an order for the delivery of motorized cable reel systems for integration onto advanced rail-mounted gantry cranes at the Port of TokyoCavotec will supply motorized cable reel systems for eight automated rail-mounted gantry cranes at the Wan Hai Tokyo Oi5 terminal…

China's Port City Qingdao Suffers Worst Algae Infestation

Jul 20, 2021

China's eastern port city Qingdao is experiencing the worst ever algae infestation in the region, with more than 1,700 square km of coastal area blanketed by harmful green seaweed, also known as 'green tide.' Qingdao has suffered from algae for 15 years…

Adani to Offer 50% Discount on Charges to LNG-fueled Ships at Mundra Port

Jul 20, 2021

The Adani Group will offer a 50% discount on charges to liquefied natural gas (LNG)-fuelled ships at Mundra, India's largest commercial port, according to a notice seen by Reuters, as the country seeks to cut emissions under its green ports plan…

Shipping Firms Warn Clients of Shenzen's Yantian Port Worsening Congestion

Jun 03, 2021

Major shipping companies have warned clients of worsening congestion at Shenzen's Yantian port in southern China following the discovery of several asymptomatic cases of COVID-19 in the city.Yantian International Container Terminal (YICT), one…

Asian Market, Fuel Prices Drive Freight Rates in Valenciaport

Jan 15, 2021

The Valencia Containerized Freight Index (VCFI) of December experienced a growth of 4.19% with respect to the previous month, confirming the trend of the last five months of the year of increased freight rates. The high demand for traffic with…

Jiasheng Gas to Build $380M LNG Terminal in Jiangsu, China

Dec 24, 2020

China's Jiasheng Gas Co Ltd, an independent gas distributor, has agreed an engineering and construction deal to build a 2.5 billion yuan ($380 million) liquefied natural gas (LNG) storage and receiving facility in east China, the Shanghai Oil and Gas Exchange and a company executive said…

Indonesia Inaugurates $3B 'Strategic' Port

Dec 20, 2020

Indonesian President Joko Widodo inaugurated the Patimban sea port in West Java on Sunday, saying the new gateway would have a 'strategic' role in boosting the nation's pandemic-hit economy.The 43.2 trillion rupiah ($3.07 billion) port in the town of Subang…

Swire Shipping Deploys MV Lae Chief on (NAX) Service

Nov 12, 2020

Swire Shipping deployed its first 2,750TEU newbuild, MV Lae Chief, on its upgraded North Asia Express (NAX) service. Launching the new fixed-day fortnightly service with her maiden voyage, the vessel made her first port call in Shanghai on November 5…

China's VLSFO Exports Rose By a Third in April

May 27, 2020

China's low-sulphur marine fuel exports rose by a third in April compared with March to the highest level yet after it waived export taxes for domestic refiners to meet shipping demand, Chinese customs data showed.Chinese refiners began exporting…

LNG Tanker to Discharge First US Cargo in China in 13 Months

Apr 20, 2020

The tanker Maran Gas Vergina has arrived in China with the first delivery of U.S. liquefied natural gas (LNG) in 13 months, shipping data showed on Monday.This is the first shipment since March 2019 after a long-standing trade war in which China…

China's Port Jam Eases, But Reefer Rates Soar

Mar 13, 2020

Severe congestion at Chinese ports is easing, say officials and industry participants, although a logjam of refrigerated containers has disrupted supplies of fresh and frozen food and pushed up freight rates outside China.Thousands of refrigerated containers carrying meat…

India, Mauritius in Joint Hydrographic Survey

Dec 30, 2019

The Government of Mauritius has organized an event at Port Louis to mark the successful completion of hydrographic survey by Indian Navy ship INS Darshak over the past one month.The aim of the survey was to publish navigational charts and electronic…

Asia Boosts IMO Technical Cooperation

Dec 23, 2019

The International Maritime Organization (IMO), Thailand’s Ministry of Transport and the United Nations Economic and Social Commission for Asia (UNESCAP) have recently organized the second regional Knowledge Partnership Workshop in Asia in Bangkok…

Singapore Raises Concern over HHI-DSME Deal

Dec 02, 2019

The Competition and Consumer Commission of Singapore (CCCS) has expressed concern about the agreement of fusion notified from the South Korean shipbuilding groups Hyundai Heavy Industries (HHI) and Daewoo Shipbuilding & Marine Engineering Co…

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