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Tuesday, December 1, 2020

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  • Far East Maritime (11) (X)

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China looks inwards as export demand remains weak

Posted to Far East Maritime (by Greg Knowler) on October 25, 2012

China became known as the world’s factory by offering manufacturing costs that could not be matched by the developed nations. Its wages paid to uneducated rural migrant labour were a fraction of the mostly unionized pay required in the West, and land for factories was plentiful and cheap.

Yangtze shipping left high and dry

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.

China factories being pushed over the edge

Posted to Far East Maritime (by Greg Knowler) on November 8, 2011

We asked the question last week that retailers in the US and Europe must surely be ready to put in last minute orders to restock their inventories before the Christmas buying season starts in earnest. Yesterday we received the answer, from the US, at least.

When is a Hong Kong manufacturer not a Hong Kong manufacturer?

Posted to Far East Maritime (by Greg Knowler) on October 4, 2011

The Hong Kong Toys Manufacturers Association was this week complaining that falling orders from the European Union and the US will leave factory owners facing a bleak Christmas. The expectation is that toy exports will be down about 25 percent this year…

China factories slowly climbing the value chain

Posted to Far East Maritime (by Greg Knowler) on June 8, 2011

It may seem we harp on about China’s changing manufacturing industry, but that's because of its direct impact on export ocean cargo and the import of raw materials. All the stuff we consume has to be made somewhere, and the mainland has pretty much cornered the manufacturing market.

New HK cruise terminal – a case of all berthed up and nowhere to spend

Posted to Far East Maritime (by Greg Knowler) on March 22, 2011

People who take long holidays on cruise ships are not backpackers or students. Anyone who has seen one of the giant liners disgorging thousands of passengers will have noticed that the average age is well on the other side of 50. The reason…

Carriers rise to the emissions challenge in HK

Posted to Far East Maritime (by Greg Knowler) on October 13, 2010

Twenty of the major carriers calling at Hong Kong are apparently going to follow Maersk and APL's lead and change to cleaner fuel while in port, according to reports. This will certainly be good news for the people living in the heavily populated…

In Hong Kong, Maersk swapping blue for green

Posted to Far East Maritime (by Greg Knowler) on September 21, 2010

Hong Kong and Shenzhen together handle more than 10 percent of the total global container traffic. That is an incredible number of boxes arriving and departing on thousands of ships. Great for business if you are a terminal operator, but very bad for health if you live anywhere near the ports.

Will the Korea who blew up that warship please report to the principal’s office

Posted to Far East Maritime (by Greg Knowler) on April 27, 2010

South Korea’s government believes it was a torpedo that blew up and sank its warship near the border with North Korea last month. The 1,200-tonne Cheonan was blown in two on March 26 by an “external explosion”, according to an investigation…

Aren’t you glad not to be in Asia-Europe air freight

Posted to Far East Maritime (by Greg Knowler) on April 21, 2010

But could something happen that would shut down most of the ports in continental USA? The answer is yes, but the cause will be no natural disaster. Hurricane Katrina closed New Orleans and many of the Gulf ports and those on the eastern seaboard are regularly threatened by hurricanes.

Trumpeting year-on-year growth an annoying practice this time around

Posted to Far East Maritime (by Greg Knowler) on February 23, 2010

Ports and terminal operators across China are showing some impressive year-on-year container throughput growth for January. The problem is that in January last year the container throughput arrow at the ports in question was heading in the same direction as a downhill skier in Vancouver…