Asia Editor, Seatrade Maritime News
Vincent Wee is Seatrade's Asia Edior based in Hong Kong covering Hong Kong and South China while also making use of his Malay language skills to cover the Malaysia and Indonesia markets. He has gained a keen insight and extensive knowledge of the offshore oil and gas markets gleaned while covering major rig builders and offshore supply vessel providers.
Vincent has been a journalist for over 15 years, spending the bulk of his career with Singapore's biggest business daily the Business Times, and covering shipping and logistics since 2007. Prior to that he spent several years working for Brunei's main English language daily as well as various other trade publications.
The key Swedish Port of Gothenburg saw its worst year ever for container volumes in 2017 due to prolonged labour issues, with the number of boxes moved plunging 19% to 644,000 teu from 798,000 teu in the previous corresponding period.
The supply chain is “the nirvana of block chains” with many applications where they can be employed. According to Guardtime chief risk officer David Piesse, the key to making it successful is making sure everybody who is involved in the supply chain gets onboard.
Malaysia’s Hubline is expanding beyond the dry bulk sector it entered in 2016 after exiting the container sector the year before, and looking at opportunities in the liquid bulk segment.
The Port of Hong Kong had a good last burst and regained the 20m teu mark for 2017 with a 5% rise in annual throughput to 20.76m teu from 19.81m teu in 2016.
Cosco Shipping Ports (CSP) ended the year on a high note with a 9% rise in throughput in December and 13% growth for the year overall.
A lack of uniform international environmental regulations will impede the adoption of green technologies in shipping, said over two thirds (68%) of global marine industry executives, according to a new report from global law firm Clyde & Co and the Institute of Marine Engineering, Science & Technology (IMarEST).
Hutchison Ports kicked off its latest expansion phase at Port of Felixstowe, beginning construction of about 13 hectares of new paved container yard at the UK’s largest container port.
As more ports look to green operations, solutions such as the recently launched Wärtsilä HYTug concept are gaining acceptance and popularity.