Asia

Singapore-listed First Ship Lease Trust (FSL Trust) has penned a letter of intent with Cosco Shipping Heavy Industry (Yangzhou) Co for the construction of two LR2 product tankers at a…
South Korea’s Hyundai Mipo Dockyard (HMD) has won an order to build a 30,000 cu m LNG carrier for Norwegian shipowner Knutsen at a price of $77m.
Energy transformation and climate changes are posing serious challenges to international shipping, which, even though shipping is considered an efficient mode of transport, is under pressure to reduce its emissions,…
China State Shipbuilding Corporation (CSSC) has signed a strategic cooperation agreement with Shanghai Municipal Government to jointly promote ship and offshore engineering and other high valued services in Shanghai.
UAE’s Adnoc Logistics & Services and Japan’s Inpex Corporation have penned a memorandum of understanding to explore LNG bunkering in the UAE and potentially expanding to Southeast Asia.
The global dry bulk shipping market is expected to see flat rates and a marginal fleet growth in 2019, with potential near-term positive prospect following a temporary truce in trade…
Last week’s announcement by the Maritime & Port Authority of Singapore (MPA) that it would ban open-loop scrubbers from its port waters from 1 January 2020 when IMO’s 0.5% global…
Greece's Council of State has bowed to the objection of two major Greek construction companies and dealt another blow to Cosco Shipping's plan to further develop the port of Piraeus.
At 100-years old Pacific International Lines (PIL) founder and billionaire businessman YC Chang still remains very active in the company coming to the office every day.
State-owned Power Construction Corporation of China (PowerChina) hs announced its has won the bid for the costruction of marine facilities for the mega-shipyard King Salman International Complex.
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