Posted to Far East Maritime
(by
Greg Knowler)
on
March 6, 2013
When it comes to infrastructure projects in Hong Kong, environmental concerns are rarely allowed to stand in the way. The grossly wasteful and pointless Hong Kong-Zhuhai-Macau bridge is a case in point, and we do not have the slightest doubt…
Posted to Far East Maritime
(by
Greg Knowler)
on
July 4, 2012
Alphaliner’s chart of the week focuses on the new tonnage that has been added by the top 20 container shipping lines in the past 12 months. As incredible as the capacity is – 844,000 TEUs for a fleet growth of 6.4 percent – the one carrier that stands out is CSAV.
Posted to Far East Maritime
(by
Greg Knowler)
on
January 25, 2012
The Year of the Dragon begins now, represented in the Chinese zodiac by the Water Dragon. There is some irony in that, because the worst drought in 50 years has forced Chinese maritime authorities to close the Yangtze River above the port of Wuhan, more than 600 miles upriver from Shanghai.
Posted to Far East Maritime
(by
Greg Knowler)
on
December 9, 2010
The dry bulk shipping business is going through a tough time. It is an incredible 80 percent down on the market peak in May 2008, and rates have led carrier operators on a wild and volatile ride ever since. The industry is currently oversupplied with bulk carriers…
Posted to Far East Maritime
(by
Greg Knowler)
on
May 25, 2010
If your port is at the confluence of the busiest sea lanes in the world, if it is the world’s largest refuelling port and the biggest oil storage centre in Asia, there is a lot of crude and bunker fuel floating around. So when there is an accident at sea…
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