Indonesian Tanker Owners Reap Profits from Strategic Sales
This quarter has been active for Indonesian tanker owners, who are capitalizing on the market by selling tankers acquired years ago at profit.
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Egyptian Bulk Carrier Detained at Paradip in Financial Dispute
An Egyptian-flagged bulk carrier, the Wadi Albostan, has been detained at Paradip Port in India following orders from the Orissa High Court.
Pacific International Lines to Launch China-Bangladesh Service
PIL is preparing to introduce a new service, the China-Chittagong Express, which will connect key ports in China with those in Bangladesh.
Shanghai Opens New Container Terminal at Luojing Port
Shanghai, the world's largest container port, has opened a new container terminal area north of the city on the south bank of the Yangtze River.
Fire Aboard Oil Product Tanker Near Gili Tepekong Island
In the early hours of Wednesday, August 7, the Indonesian Ministry of Transport reported a fire aboard the oil product tanker Elisabet Satu.
Armed Robbery Reported on Bulk Carrier in Strait of Malacca
The Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia report robbery on the bulk carrier Ultra Colonsay.
Ponant Opens Sales for 10-Day Vietnamese Coastal Voyage
Ponant announced the launch of sales for a 10-day voyage along the Vietnamese coast, set to sail from Ho Chi Minh City to Ha Long this fall.
COSCO Orders Four Asphalt Carriers from Mawei Shipyard
China’s COSCO Shipping has placed an order for four 9,000-tonne special liquid cargo ships with Mawei Shipyard, a part of Fujian Shipbuilding.
Filipino Crew Members of MSC ARIES Released by Iran
The Department of Migrant Workers in the Philippines has confirmed that all Filipino crew members aboard the MSC Aries have been released.
ONE and SIPG Collaborate to Advance Alternative Marine Fuels
Ocean Network Express and Shanghai International Port Group sign agreement to advance the development and supply of alternative marine fuels.
South Korea Opens Indonesian Shipbuilding Training Center
Faced with record orderbooks and production bottlenecks, the South Korean government has inaugurated a shipbuilding training center in Indonesia.
Taiwan Government to Support Yang Ming's Fleet Expansion
Taiwan’s Transportation and Communications Minister announced on July 30 that the government will back Yang Ming in commissioning more newbuilds.
MV MIROLA 1 Runs Aground in Philippine Waters; Oil Detected
Yesterday, July 31st, the Philippine Coast Guard (PCG) reported that the vessel MV MIROLA 1 had run aground in Philippine waters.
Container Ship Sky Challenge Anchored in Busan After Grounding
A container ship operated by CK Line, named Sky Challenge, remains anchored in Busan after running aground on July 28.
Shipping Emissions Trading Scheme to be Enforced by Turkey
Shipowners looking to evade new environmental regulations by shifting operations to Europe’s eastern edge will need to reconsider their plans.