Asia Logistics News - page 11

 

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…

India Spends $1.9Bln on Port Expansion

Nov 21, 2019

The government of India has spent INR 13308.41 Crore ($1.9Bln) on infrastructure development and capacity augmentation of major ports in the country.A number of projects have been awarded in the last three years on upgradation of the major Ports…

Asian LPG Market to Cross $109Bln by 2024

Nov 11, 2019

The Asian liquefied petroleum gas (LPG) market stood at over $81.4 billion in 2018 and is projected to grow at a CAGR of over 5% to cross $109 billion by 2024, as increasing demand for LPG  as a fuel for power generation in remote and off-grid…

Lloyd's Warns of Cyber Risks for Asian Ports

Oct 30, 2019

Lloyd's of London report stated that the cyber-attack on major ports across the Asia-Pacific could cost losses of up to $110 billion would occur in an extreme scenario in which a computer virus infects 15 ports.Despite the high costs to business and international trade…

India to Use Bangladeshi Ports

Oct 07, 2019

India can now use two crucial Bangladesh ports - Chattogram and Mongla - for shipment of its cargo, which will cut time and cost significantly, India's shipping minister Mansukh Lal Mandavia said.He has said that Indian Prime Minister Narendra…

Oil Prices: Chinese Data Eases Concerns

Sep 30, 2019

Oil prices rose today (Monday, September 30) after China’s factories unexpectedly increased production over the past month, easing concerns about demand amid the ongoing trade war with the U.S. Brent crude futures rose 9 cents to $62 a barrel by 0300 GMT and U…

Pelita Samudera Buys Handysize Bulker

Sep 18, 2019

Indonesian shipping and logistics company Pelita Samudera Shipping (PSS) has bought one bulk carrier from Singapore-based Convivial Navigation Co. Pte.Purchase price of the handysize class MV is USD7.53 million.  PSS is settling 20% of the amount in cash and the remaining 80% in PSS shares…

India to Promote Sea and Coastal Tourism

Aug 02, 2019

To explore the opportunities in Coastal Tourism, the Shipping and Tourism Ministry may soon set up a committee that will think of strategies to promote cruises and sea sports, the government of India said.The Minister of State for Shipping Mansukh…

MOL Indonesia Celebrate 25th Anniversary

Jul 29, 2019

Japanese shipping major Mitsui O.S.K. Lines (MOL) celebrated a major milestone-25 years since the launch of MOL business operations in Indonesia.The carriers of containerized and other cargo said in a press note that it has hosted a party in Jakarta for about 200 attendees…

OOCL Hong Kong’s Maiden Call to Hong Kong

Jul 25, 2019

OOCL Hong Kong, the third largest cargo container ship in the world, docked in the port of Hong Kong for the first time on Thursday.The Hong Kong-based container shipping and logistics service company Orient Overseas Container Line (OOCL) said…

Kogas, EVC Pact for Vietnam LNG Terminal

Jul 25, 2019

South Korean public natural gas company Korea Gas Corporation (Kogas) and Vietnam-focused development and asset management company Energy Capital Vietnam (ECV) have entered into a memorandum of understanding (MOU) for the development of a privately-funded LNG regasification terminal in Vietnam…

Logistics News

GAC to Acquire Quadrant Pacific’s Ship Agency Business

GAC to Acquire Quadrant Pacific’s Ship Agency Business

US East Coast Port Union Strike Threat to Test Shippers' Nerves

US East Coast Port Union Strike Threat to Test Shippers' Nerves

Brazil's Container Port Operator Seeks to Avert 'Congestion' Surcharge

Brazil's Container Port Operator Seeks to Avert 'Congestion' Surcharge

Xeneta: US Importers Caught in a Vicious Circle

Xeneta: US Importers Caught in a Vicious Circle

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