Asia

Hit by losses from cancelled containership and bulk carrier charter contracts K Line reported a massive JPY111.1bn ($1bn) loss for FY18, end 31 March 2019.
Capesize market is expected to face more headwinds in Q2 2019, despite some market optimism in Vale’s restart of Brucutu mine.
Mitsui OSK Lines (MOL) returned to the black in FY2018, ended 31 March 2019, and is forecasting a better year ahead.
Agnes Wong Tin-yu will take up the post of Director of Marine in Hong Kong from 14 May as current director Maisie Cheng Mei-sze moves to the role of Permanent Secretary…
The Hong Kong Seaport Alliance has been set in motion this month with an aim of maximising operational efficiencies in Hong Kong’s Kwai Tsing port, even though the new alliance…
The decarbonisation of shipping and the IMO targets for CO2 reductions by 2030 and 2050 have thrown open the question as to what will be the future fuel, or fuels,…
Following the newbuilding contract for ten Newcastlemax bulkers signed earlier this month, Cosco Shipping Bulk ordered three more from CSIC Qingdao Beihai Shipbuilding Heavy Industry.
The Chilean Tribunal for the Defense of Free Competition (TDLC) released its final ruling in a car cartel case that began in 2015 fining NYK and MOL at of $9.1m,…
With the growing business between the Middle East and China the enforcement of arbitral awards in China was in focus at the latest breakfast seminar by Emirates Maritime Arbitration Centre…
The world largest iron ore supplier Vale’s Beijing representative met with the Transportation Department of Jiangsu Province, China with an aim of strengthening the bilateral cooperation.
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