Monday, October 25, 2021
Asia Pacific

Asia Pacific

S. Korea’s big 3 shipbuilders to hike newbuilding prices

South Korea’s three major shipbuilders will raise new shipbuilding prices to enhance profitability following hefty second-quarter operating losses estimated at a combined 1.5 trillion won due to higher steel prices. Korea Shipbuilding & Offshore Engineering Co. (KSOE), the shipbuilding holding...

Transshipment containers at Saudi ports rise by 24%

Saudi ports, under the supervision of Saudi Ports Authority (Mawani), in the first half of 2021 realized a remarkable growth in the handling volume through registering an increase in the total number of handled containers by 5.18% with 3.6...

Two dead, seven missing as Chinese Bulker Sinks

Chinese officials have reported that a bulk carrier sank in the East China Sea south of Shanghai. Two sailors have been confirmed dead, while four were rescued, and a search was ongoing for seven others that were missing. The maritime...

China plans to reverse ban on ship recycling

Recall that China banned the recycling of foreign ships on its shores at the end of 2018, there has been an increasing call in the shipping community to allow the work to resume. Now, it is understood that Beijing...

Covid-19: India faces Container Shortage Crisis 

India is among the list of countries battling economic crisis since the emergence of the global pandemic.  The country recorded a 24 percent contraction in GDP in the second quarter of 2020, the biggest drop among all major G20...

Three people dead and five missing after boat collides with container ship

Three people have reportedly died and five are still missing after a boat carrying 16 people collided with a container ship in China. A huge search and rescue mission is currently underway after the collision, which took place in the...

Abu Dhabi Ports completes second phase of Delma Port

In support of its ongoing development of Al Dhafra Region, Abu Dhabi Ports have announced the completion of the second phase of development at Delma Port. Abu Dhabi Ports is leading the developments of Al Dhafra’s premiere multi-purpose port and...

Lebanon’s Prime Minister charged in connection with deadly port blast

Lebanon’s lead investigator into the massive port explosion that rocked Beirut on August 4 has charged outgoing Prime Minister Hassan Diab and three ex-ministers with negligence. The four were charged with “negligence and causing death to hundreds and injuries to...

Tanker saves two people clinging to board in the ocean

A Marshall Island flagged crude oil tanker, the Godam, has rescued two people floating in the Torres Strait separating northern Australia and Papua New Guinea. A costal pilot aboard to assist with the navigation of the tanker, sighted the two...

Australian SAR plane airdrops emergency supplies to freighter

Over the course of the past five days, the Australian Maritime Safety Authority arranged a medical intervention for an injured crewmember aboard a freighter in the Indian Ocean. The Spliethoff tweendecker Dolfijngracht had called for assistance while under way about...

MOST COMMENTED

Maersk-chartered boxship cuts Greek minesweeper in half

The container ship Maersk Launceston and the Hellenic Navy minesweeper Kallisto have collided off Piraeus, resulting in heavy damage to the minesweeper and two...

HOT NEWS

Counter

0 1 1 5 7 1