Asia

Resolution may finally be in sight for some of the rig newbuildings being constructed for Sete Brasil at Keppel Offshore and Marine and Sembcorp Marine (Sembmarine) on which progress payments…
The Haiphong International Container Terminal (HICT) has welcomed the maiden call of mother vessel 8,814 teu-Northern Jaguar deployed by Ocean Network Express (ONE) on its PN2 service providing a direct…
Royal Boskalis Westminster (Boskalis) has been awarded two dredging contracts in Indonesia, worth $84.35m for expansion of a container terminal and a new petrochemical complex.
Cosco Shipping Bulk has inked a contract for eight 210,000 dwt bulk carriers newbuildings, plus options for two more with Cosco Shipping Heavy Industry in Yangzhou, Jiangsu province.
Rizhao port in Qingdao province has launched four new berths for crude oil, iron ore and bulk cargo operation.
Market sentiment for Capesize rates saw an improvement after Vale’s announcement to restart Brucutu mine, bringing back around 30 million mt per year of iron ore to the market.
After years of rightsizing and lay-offs Keppel Offshore & Marine is seeing a recovery in its business and plans to hire 1,800 staff in Singapore and overseas during the year.
China Machinery Engineering Corporation (CMEC) inked a EUR120m ($135.5m) Bulgaria port project construction contract with Logistic Center Varna EAD to jointly develop port infrastructure in the port of Varna.
When Hapag-Lloyd unveiled its ‘Strategy 2023’ towards the end of last year, it was based on the premise that the container shipping market’s rush of consolidation is over.
Ocean Network Express (ONE) is urging shippers that have not posted General Average and Salvage Security on undamaged containers from the Yantian Express to do so or risk further delays…
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