News:Asia

Asia

Maritime businesses are spending more on R&D alongside new technologies to combat negative market conditions. The need for cost cutting and improved efficiencies are now turning the spotlight on appropriately…
The writing is on the charts and it doesn't look good for the dry bulk market. Newbuild ordering in just the two and a half months or so of the…
Regional Container Lines (RCL) is launching a new service linking Belawan, Indonesia with Penang, Malaysia.
The finalists have been chosen for the Seatrade photography competition.
BHP Biliton and GoodFuels Marine have signed a Letter of Intent (LoI), with the support of the Maritime & Port Authority of Singapore (MPA) to collaborate on a marine biofuels…
Samsung Heavy Industries (SHI) has developed an in-house LNG regasification system for LNG-FSRU, claiming that the system is able to minimise corrosion from sea water and reap higher energy effciency.
Following today’s reports that MSC has ordered 11 units of 22,000 teu from Korean yard Daewoo Shipbuilding & Marine Engineering (DSME), latest statistics from Alphaliner on what it calls ‘megamax’…
It is another shining chapter for the Baltic Dry Index (BDI) as the rates roared higher into record-breaking zone. On Wednesday, the BDI powered to 1,449 points, the highest level…
Hong Kong's Hutchison is about to be hit elsewhere in the group, as disgruntled workers at its Jakarta International Container Terminal (JICT) unit threaten to hit its Watsons chain of…
Malaysian firm Daya Materials has exited its ill-fated offshore subsea business after completing the sale of its main asset Daya Global 1 to Siem OCV for $100m.
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