Asia

South Korea Allocates $2.5B to Grow Local Container Lines

South Korean government announced plans to invest approximately US$2.5 billion to expand the container shipping fleet of locally owned companies.

South Korean Chemical Tanker Runs Aground Off Japan

A UK-based marine insurance and claim consultant has reported that the chemical tanker Keoyoung Pioneer ran aground near Kuchinoshima Island.

Singapore Plans to Meet Rising Demand for Methanol

Singapore could produce over 1 million metric tons of methanol annually by 2030, which would meet the growing demand for alternative bunker fuel.

Singapore to Trial Digital Ship Identity Passes

Singapore is set to become a testing ground for the implementation of digital ship identity, including digital port clearance and bunkering.

Post-Ramadan Resurgence for Indian Ship Recycling Market

The ship recycling markets in the Indian sub-continent have experienced an unexpected surge in activity following Ramadan, according to GMS.

Busan New Port Adds seventh Container Terminal

Busan New Port in South Korea has inaugurated its seventh container terminal, enhancing its cargo handling capacity.

Singapore Beats Off Competition to Remain Shipping Hub King

Singapore is again been named the world's premier maritime hub, topping multiple global rankings, the latest being revealed during Singapore Maritime Week.

S. Korea PM Pledges $4B to Grow Country's Containership Fleet

Royal Thai Navy Completes Investigation into Sunk Frigate

The Royal Thai Navy concludes its investigation into the 2022 sinking of a frigate, attributing the disaster to weather, ship condition & human error.

Bodies of All Fishing Trawler Crew Recovered After Collision

The crew of a Chinese fishing trawler, consisting of eight individuals, tragically lost their lives following a collision with a container ship.

Calls for Bangkok Port to be Relocated from Khlong Toei

PM of Thailand, Srettha Thavisin, announces plans to move Bangkok Port from its location in the Khlong Toei district along the Chao Phraya River.

Fishing Boat & Container Ship Collide Off Hainan, 8 Missing

Following a collision with the Panamanian containership off Hainan Province in South China, up to eight individuals have been reported missing.

Hazard Level D Cargo Ships Changes Course After Taiwan Quake

The significant earthquake that rocked the east coast of Taiwan at 8am local time on Wednesday caused noticeable disruptions in marine operations

South Korea Detains Cargo Ship for Alleged Sanction Violation

In a rare act, the South Korean Coast Guard has detained a merchant ship on its course, identified as the De Yi, due to its stateless status.

ONE's East Coast Service Delayed Due to Red Sea Crisis

Singapore's container shipping company ONE has announced a delay in resuming its EC4 service until conditions in the Red Sea become stable.