Asia

News and updates from across the Asia-Pacific maritime and shipping industry.

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Container freight rate recovery stumbles

May 02, 2023

After a month of steady increases and forecasts of a recovery in the making, container freight rate indices softened last week.

Indian recyclers reap benefits of HK Convention compliance

May 02, 2023

Firm freight markets are still restricting the flow of ships bound for subcontinent recycling yards, but Indian facilities that meet Hong Kong Convention requirements have been the yards of choice recently.

Reederei Nord orders up to four boxships at Huangpu-Wenchong

May 02, 2023

The German owner Reederei Nord has inked a contract for two plus two 1,900 teu containerships from CSSC Huangpu-Wenchong Shipbuilding.

Three missing, 25 rescued from tanker ablaze off Malaysia

May 02, 2023

Three seafarers are missing from an Aframax tanker Pablo which caught fire off the coast of Malaysia on Monday.

Seatrium is born from Keppel O&M and Sembcorp Marine

May 01, 2023

A new in the shipyard industry was launched at Sea Asia 2023 last week – Seatrium – rebranding the recently merged Sembcorp Marine and Keppel Offshore & Marine (Keppel O&M).

Zhejiang Shipping sets up office in Singapore

Apr 28, 2023

The Chinese enterprise Zhejiang Shipping is opening up office in Singapore to expanding its global business network.

2023 too difficult to forecast says ONE

Apr 28, 2023

Container line ONE did not include a full year forecast for 2023 in its 2022 results, saying the outlook for 2023 is extremely difficult to predict.

87% of seafarers say training needed for handling new fuels

Apr 28, 2023

A survey of over 500 seafarers found that nearly 87% said they would need training for new fuels such as ammonia, methanol and hydrogen.

PIER71 – Five years of nurturing maritime start-ups

Apr 28, 2023

PIER71TM takes pride in being the first maritime technology ecosystem builder in the region and has become perhaps best-known for its flagship Smart Port Challenge.

Collaboration is taking a leap of faith for future opportunities

Apr 27, 2023

Collaboration has become the watchword when it comes to decarbonisation but its benefit can be put at risk if the individual parties are focused on what is in it for them.

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