Category archives for: Asia Pacific

Global Liner Reliability Drops

Global Liner Reliability Drops

A global decline in performance of shipping lines has been recorded in July for the first time since February, according to SeaIntel’s latest Global Liner Performance report. The drop amounts to almost four percentage points from 75.6% in June to 71.6%, the report shows. Shipping giants Maersk Line, Hamburg Süd and Hanjin are still the most reliable liners, […]

East-West Shippers Get Some Breathing Space

East-West Shippers Get Some Breathing Space

Ocean freight rates for cargoes moving under contracts on major East-West routes decreased by 6% between March and July, enabling hard-pressed shippers to reduce their costs, according to the results of Drewry’s Benchmarking Club. The cost reduction, based on contract freight rate data provided confidentially by Asian, American and European retailers and manufacturers to the […]

Van Oord Strengthens SRI Fleet

Van Oord Strengthens SRI Fleet

Van Oord has ordered a new subsea rock installation vessel. Sinopacific Shipbuilding Group Shanghai will build the vessel at its Ningbo yard in China, with delivery scheduled for 2016. Subsea rock installation is a proven technique for the protection and stabilisation of offshore structures and pipelines, and is one of Van Oord’s main activities for […]

Have Your Say on Green Agenda

Have Your Say on Green Agenda

Growing concerns about the state of the world’s oceans and the impact that shipping has on quality of the air has led to ever more legislation on emissions. The Institute of Marine Engineering, Science and Technology (IMarEST) and Colfax Fluid Handling, are working together to investigate perceptions of the ‘Green Agenda’ and whether shipping companies […]

UPDATE: Notorious Vega Auriga Detained in Tauranga

UPDATE: Notorious Vega Auriga Detained in Tauranga

Container ship Vega Auriga, banned by Australian Maritime Safety Authority (AMSA) from using or entering any Australian ports due to repeated breaches relating to seafarer welfare and maintenance of the ship, is being detained at the Port of Tauranga.  The ship cannot leave the port until all 11 of its deficiencies are resolved, according to Maritime New […]

Hamburg Süd Christens San Christobal

Hamburg Süd Christens San Christobal

Hamburg Süd celebrated on August 28 the christening of its container ship “San Christobal” at the Hyundai Heavy Industries shipyard in Ulsan, South Korea. The vessel is the second newbuild in the series of three new “San”-class ships. Each container vessel in the “San”-class has a nominal slot capacity of 9,034 TEU, and the “San […]

Readers’ Picks of the Week (Aug 25-29, 2014)

Readers’ Picks of the Week (Aug 25-29, 2014)

Plastic Main Propellers Making Debut Plastic Main Propellers Making Debut Japanese classification society ClassNK and Nakashima Propeller Co., Ltd., have installed the world’s first carbon fiber reinforced plastic (CFRP) propeller on a main propulsion system of a merchant vessel.…Read more Deadliest Week in Mediterranean More than 300 people died while trying to make irregular sea […]

Plastic Main Propellers Making Debut

Plastic Main Propellers Making Debut

Japanese classification society ClassNK and Nakashima Propeller Co., Ltd., have installed the world’s first carbon fiber reinforced plastic (CFRP) propeller on a main propulsion system of a merchant vessel. The CFRP propeller was installed on the Taiko Maru, a domestic 499 GT chemical tanker owned by Sowa Kaiun YK by Marugame-based Koa industry Co., Ltd. in May […]

Spiking LPG Demand Fuelling VLGC Orders

Spiking LPG Demand Fuelling VLGC Orders

A sharp rise in LPG shipping demand, particularly out of the US, is driving an ordering frenzy for very large gas carriers (VLGCs) which will increase the size of the LPG shipping fleet by over 50% over the next two years, according to the LPG Forecaster report published by shipping consultancy Drewry. The main demand […]

CMHC Will Not Rest on Their Laurels

CMHC Will Not Rest on Their Laurels

The 2014 is shaping up to be a good year for China Merchants Holdings (International) Company Limited, if their interim results for the period ended June 30, 2014 are anything to go by. The latest results reveal an increase in volumes across the board, but the company still remains cautiously optimistic about the second half of […]

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