Lee Hong Liang

Lee Hong Liang

Asia Correspondent


Lee Hong Liang has joined Seatrade as its Asia Correspondent. Based in Singapore, he will provide a significant boost to daily coverage of the Asian shipping markets, as well as bring with him an indepth, specialist knowledge of the bunkering markets.

Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and the ability to write hard news and feature stories.

Two subsidiaries of CSSC Offshore & Marine Engineering (Comec) have received Chinese government grants totalling RMB41.59m ($6.04m) to undertake projects on developing high-tech equipment.

Intercontinental Exchange, Inc. (ICE) is planning to launch a new marine fuel 0.5% futures contracts early next year in advance of IMO’s global 0.5% sulphur cap regulation from 2020.

Norway’s scrubber manufacturer Yara Marine Technologies has made its footprint in China with the opening of its new Shanghai office, responding to increasing demand for scrubbers in newbuilds and retrofit projects in the Asia-Pacific region.

Singapore port container volumes have inched up in November compared to year-ago levels, putting the republic on track to achieve a historic high throughput this year.

Dutch tank storage firm Vopak is developing innovation pilots in Singapore with the use of drones and robots to achieve smart tank terminal operations.

FSL Trust is aiming to raise up to $21.3m from the sale of its existing ageing vessels to help pay for two new LR2 tankers recently ordered at a Cosco shipyard in China.

Jotun and Kansai Paints are expanding their existing alliance in the global marine coatings market in view of new regulations and auditing requirements.

Germany’s TT-Line has confirmed newbuilding deals with China’s Jinling Shipyard to build up to two LNG dual fuel ropax vessels for use in the Baltic Sea.

BW Offshore is disposing of its 1980-built FSO Belokamenka to the recycling yard for a cash consideration of approximately $20m.

With just about a year left before the enforcement of the IMO 2020 global fuel sulphur cap, the shipping community is now seeing a global phenomenon of LNG bunkering services and infrastructure taking shape.

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