Sustainability in the heavy lifting industry

Cost efficiency and sustainability, two topics that are frequently discussed in the offshore and maritime industry. There are many developments and innovations going on in this area.

Drewry: Asia-Southern Africa Rates at 7-Year High

The Asia to Southern Africa market has witnessed a significant growth as spot rates reached their highest in seven ...

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Carriers Getting Busier on Asia-Middle East Route

Spot rates in the Asia to Middle East market are seeing the most traction as container shipments on the route ...

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HMM Sees Surge in Asia-US West Coast Volumes

South Korean shipping major Hyundai Merchant Marine (HMM) saw a 77 percent surge in its Asia-US west coast (USWC) ...

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Drewry: Asia-Med Prices to Remain Firm until Q4

The westbound Asia-Mediterranean trade will witness firm prices until the fourth quarter of the year when the ...

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OFE: MRs Are the Bright Spot of Asian Crude Market

As newbuilding deliveries would continue to keep a lid on product tanker rates in Asia over the third quarter of ...

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OFE: Asia Tanker Rates to Remain Weak in 3Q

Weak supply side fundamentals as well as a seasonal lull in demand are expected to plague the Asian crude tanker ...

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ReCAAP: Asian Maritime Crimes Halved in May

A total of six actual incidents of piracy and armed robbery against ships were reported in Asia in May 2017, ...

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HMM's Asia-US Volumes Surge by 67%

South Korean shipping company Hyundai Merchant Marine (HMM) has seen a 67% year-on-year rise in its Asia-US volume ...

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Asia - Oceania Trade Growth Slowing Down

The trade growth from Asia to Australasia is starting to slow down in 2017 with exports from North Asia taking the ...

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OFE: A Glimmer of Hope for Asian Tanker Market

Already at the start of the second quarter of 2017 Asia’s crude tanker market finds itself flooded with a flurry of ...

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Infographic: Actual Maritime Crimes in Asia Drop by 12 Pct

There was an overall drop in actual piracy and armed robbery incidents against ships in Asia during January-March ...

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Little Hope for Asia-West Africa Volume Recovery

Carriers in the Asia to West Africa container trade could be dragged through another woeful demand story as the ...

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Asia-Europe Trade to See Further Rate Turmoil

The Asia-Europe trade route is bound to experience further rate turmoil during 2017 as carriers from three new ...

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Rate Levels Surge from North Europe to Asia

Spot container freight rates from North Europe to China have reached a four-year high as they jumped by 45% this ...

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Drewry: Southern Africa Imports from Asia on Recovery Path

Ailing South Africa imports from Asia could see a small recovery in 2017, as improving demand and capacity ...

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ZIM Broadens Asia – Pacific North West Scope

Israeli container carrier Zim Integrated Shipping Services (ZIM) is to add the second Asia – Pacific North ...

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Aframax Rates to Continue Firming in Asia

The Asian Aframax market has been strengthening steadily and the rates are expected to continue firming on the back ...

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Drewry: Oversupply Persists in Asia-Mediterranean Trade

The withdrawal of Hanjin Shipping’s tonnage has not been enough to rectify the Asia-Mediterranean ...

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Drewry: No Recovery for Asia - West Africa Container Traffic

The third quarter drop in volumes was unexpectedly severe and must have caught carriers out by surprise as Asia to ...

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CMA CGM Strengthens Asia-Red Sea Service

French container shipping major CMA CGM has launched REX3, a new service connecting Asia and the Red Sea.  The new ...

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V.Group Buys Selandia, Expands Presence in Asia

Ship manager V.Group has acquired Mumbai-based maritime services provider Selandia Holdings Pte. Ltd and its ...

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