Asia Logistics News - page 6

 

Pakistan's Import of Russian Crude Facing Obstacles

Jul 31, 2023

Pakistan is unlikely to meet a target for Russian crude to make up two-thirds of its oil imports, despite attractive prices, hampered by a shortage of foreign currency and limitations at its refineries and ports, officials and analysts say.The…

Obscure Traders Ship Half Russia's Oil Exports to India, China After Sanctions

Jul 27, 2023

A Liberian-flagged oil tanker set sail in May from Russia's Ust-Luga port carrying crude on behalf of a little-known trading company based in Hong Kong. Before the ship had even reached its destination in India, the cargo changed hands.The new owner of the 100…

Yokohama Port Call is First by an LNG-powered Containership in Japan

Jul 25, 2023

A port call made by CMA CGM Liberty at the Honmoku D4 terminal in Yokohama on Monday is the first by a liquefied natural gas (LNG)-powered containership in Japan. At 15,000-TEU, the containership also ranks amongst the largest vessels to be calling in Japan…

THE Alliance Announces Transpacific-West Coast Changes

Jul 20, 2023

Container carriers in THE Alliance will make changes to the Asia to Transpacific-West Coast Network by temporarily suspending the PS5 service and enhancing the existing PS3, PS6, and PS7 service as of August and until further notice. The moves are on response to the 'present market situation'…

World’s First Methanol-fueled Containership Bunkers in Korea

Jul 18, 2023

Maersk's first-of-its-kind methanol dual-fuel containership made history on July 16 when it became the first to bunker methanol.The newly built vessel bunkered 1,000 metric tonnes of the cleaner burning fuel at Odfjell Terminals Korea in Ulsan  before embarking on its 21…

World Fuel Services Completes First LNG Bunkering in China for Hapag-Lloyd

Jul 17, 2023

World Fuel Services Corporation has completed a milestone liquefied natural gas (LNG) bunkering operation for the refueling of a carrier at a Chinese port, with the new Hapag-Lloyd ship Berlin Express becoming only the second carrier to be refueled with bonded LNG in the port…

Cheniere Shunning Panama Canal for Longer LNG Routes to Asia

Jul 11, 2023

Top U.S. LNG exporter Cheniere Energy LNG.A is shunning the Panama Canal to transport liquefied natural gas to Asia because the market is not supporting use of the waterway, said Chief Operating Officer Corey Grindal on Monday.The Panama Canal historically has been used by U…

Monjasa Begins Bunkering Operations in Singapore

Jul 05, 2023

Marine fuels trader and supplier Monjasa announced it has commenced supply operations in the Port of Singapore, the world’s largest bunkering hub.The Danish-based company said its Singapore operation now has one tanker in full service and that it expects to add two more tankers later this year…

Ports of Los Angeles and Nagoya Expand Cooperation

Jun 29, 2023

Officials from the ports of Los Angeles and Nagoya, Japan, have signed a new Memorandum of Understanding (MOU) to broaden cooperation on key sustainability and operational efficiency initiatives, including port community systems and digital supply chain information sharing…

If Grain Deal Ends, UN Pledge on Russian Exports Will Go On - Russian Official

Jun 20, 2023

Russia's deputy foreign minister said on Monday that even if a deal allowing shipments of Ukrainian grain via the Black Sea ends, Russia's agreement with the United Nations to ease its own exports will stay in force, Russian state news agency RIA reported on Monday…

Methanol Bunkering Gaining Interest Among Global Players

Jun 13, 2023

Denmark's Maersk said on Monday it has secured fuel for the world's first container vessel able to run on carbon-neutral methanol for its inaugural journey.Interest in methanol as an alternative fuel for bunkering has grown in the shipping industry…

Ports in China's Oil Hub Shandong Scrutinizing Old Tankers

Jun 05, 2023

Ports in China's Shandong province are demanding more detailed information about oil tankers that are more than 15 years old that call at their terminals, sources with knowledge of the matter said, potentially delaying the unloading of crude shipments in the world's biggest oil importer…

Shell Cuts Oil Imports at Singapore Refinery Amid Mooring Repairs

May 22, 2023

Shell has cut crude oil imports at its Singapore refinery this month and is relying on smaller tankers after extending repairs at its single buoy mooring (SBM) facility to June, according to government notices and shipping data.The company is…

Malaysian Tycoon Weighs Selling a Stake in $2.7 Billion Port Business

May 22, 2023

Malaysian tycoon Syed Mokhtar Al-Bukhary is looking at bringing in an investor into MMC Port Holdings - a deal that could value the country's biggest port operator at more than 12 billion ringgit ($2.7 billion), two people with knowledge of the matter said…

COSCO Halts Works on Port in Peru After Landslide

May 16, 2023

China’s COSCO Shipping Holdings suspended construction on a tunnel for a major port project in northern Peru after a partial landslide struck, a company official said on Tuesday.The company is working to understand what caused the landslide…

Logistics News

Stena Prosperous Bunkers Methanol in Singapore

Stena Prosperous Bunkers Methanol in Singapore

Green Marine Lays Foundation for its New Global Structure

Green Marine Lays Foundation for its New Global Structure

Dredging of Suape’s Outer Channel Completed

Dredging of Suape’s Outer Channel Completed

Senate Environment & Public Works Committee Passes WRDA 2024

Senate Environment & Public Works Committee Passes WRDA 2024

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