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  • July 31, 2014
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  1. Business - Economy - SHIPPING

    Asian bulk capesize rates seen falling as ships exceed new cargo volumes

    Posted Jul 11th 2014, 01:31am by Reuters

    ... said. "There is a lack of activity. There are quite a few fixtures, but the market is not exactly busy," said a Singapore-based capesize broker. The broker estimated around 12 capesize ... stockpiles at Chinese ports topped 114.8 million tonnes in June, 57 per cent higher than last year, the China Iron and Steel Association said in research published this week, even as iron ore imports ...

    http://www.scmp.com/business/economy/article/1551431/asian-bulk-capesize-rates-seen-falling-ships-exceed-new-cargo
  2. News - Asia - SHIPPING

    One Chinese crew dead, eight missing after ships collide near Tokyo

    Posted Mar 18th 2014, 08:41am by Agence France Presse, STEPHEN CHEN

    ... Agencies and Stephen Chen Eight crew missing after fatal sinking A mainland Chinese crew member was killed and eight others were missing after their Taiwanese-owned freighter collided ... at around 3.10am. Twelve of the 20 Chinese crew aboard the Beagle III were rescued, but one was later confirmed dead, a Japan Coast Guard official said. "We are continuing to search ...

    http://www.scmp.com/news/china/article/1451358/nine-chinese-missing-after-cargo-ships-collide-japan
  3. News - World - SHIPPING

    Hong Kong-based company unveils route of Nicaragua canal to rival Panama’s

    Posted Jul 08th 2014, 01:32pm by Patrick Boehler

    ... Patrick Boehler patrick.boehler@scmp.com Mega-canal to rival the Panama waterway will run 278km across Central American nation and cost US$40b, HK-based firm behind it reveals Route of Nicaragua canal unveiled HKND, the Hong Kong-based company run by Chinese billionaire investor Wang Jing and the Nicaraguan government, has unveiled the route of a proposed US$40 billion inter-ocean ...

    http://www.scmp.com/news/world/article/1549543/nicaragua-unveils-route-us40-billion-canal-be-built-hong-kong-company
  4. Business - Companies - SHIPPING

    Japanese shipbuilder Kawasaki to construct LNG tankers in China

    Posted Jun 26th 2014, 01:07am by BLOOM

    ... the firm's Chinese ventures are more cost competitive than Korean shipyards, said Akio Murakami, head of Kawasaki Heavy's shipbuilding and offshore division. "Our Chinese venture, Nacks, ... "Once we get the first contract and deliver a good vessel, many orders will follow." Kawasaki Heavy, based in the western port city of Kobe, estimates costs at its Chinese facilities ...

    http://www.scmp.com/business/companies/article/1540542/japanese-shipbuilder-kawasaki-construct-lng-tankers-china
  5. News - Hong Kong - SHIPPING

    Another broken-down cargo ship washes up on Hong Kong beach

    Posted Jun 26th 2014, 04:05am by Clifford Lo

    ... Clifford Lo clifford.lo@scmp.com Broken-down cargo ship hits Butterfly Beach A 50-metre mainland cargo vessel ran aground at Butterfly Beach in Tuen Mun yesterday after it suffered engine problems and drifted into shore, damaging the shark net. The vessel is the the second container ship to run aground in Hong Kong's busy shipping lanes this month and the fourth this year. All ...

    http://www.scmp.com/news/hong-kong/article/1540527/broken-down-cargo-vessel-drifts-ashore-butterfly-beach
  6. News - World - SHIPPING

    US airmen parachute into Pacific to treat badly burned Chinese fishermen

    Posted May 05th 2014, 09:00pm by AP

    ... Associated Press in Phoenix, Arizona Mission of mercy A member of the US air force parachutes into the Pacific Ocean to aid two critically injured Chinese sailors aboard a Venezuelan fishing boat. Major Sarah Schwennesen at Davis-Monthan base in Arizona said the fishing boat had reported finding 11 sailors floating in a raft on Friday afternoon. The sailors were from a Chinese ...

    http://www.scmp.com/news/world/article/1505176/us-airmen-parachute-pacific-treat-badly-burned-chinese-fishermen
  7. Business - Economy - SHIPPING

    Shipping industry moves into digital age with automated booking

    Posted Jun 21st 2014, 12:53am by BLOOM

    ... of technology," said Carsten Olsen, a senior director responsible for Maersk Line's commercial business processes in Copenhagen. "To the extent that we can automate processes, we can speed up ...

    http://www.scmp.com/business/economy/article/1537275/shipping-industry-moves-digital-age-automated-booking
  8. News - Asia - SHIPPING

    US$500 million Chinese-built port for megaships opens in Sri Lanka

    Posted Aug 05th 2013, 12:00am by AFP

    ... Agence France-Presse in Colombo Beijing secures niche on busiest international shipping route as US$500 million Chinese-built port for megaships opens in Sri Lanka China gains foothold in key sea trade lane A US$500 million Chinese-built port opens today in Sri Lanka, giving Beijing a vital foothold on the busiest international shipping lane as it seeks to secure maritime ...

    http://www.scmp.com/news/asia/article/1294325/us500-million-chinese-built-port-megaships-opens-sri-lanka
  9. News - World - SHIPPING

    Experts warn that the global shipping industry is vulnerable to cyber-attack

    Posted Apr 24th 2014, 10:03pm by Reuters

    ... is low as attacks often remain invisible to the company, or businesses do not want to report them for fear of alarming investors, regulators or insurers, security experts say. There are few ...

    http://www.scmp.com/news/world/article/1496193/experts-warn-global-shipping-industry-vulnerable-cyber-attack
  10. Business - Companies - SHIPPING

    Ship manager Wallem sets up Singapore unit as business booms

    Posted Jan 11th 2013, 12:00am by Keith Wallis

    ... Keith Wallis keith.wallis@scmp.com New ship management and broking operations will allow HK base to expand, says director Wallem sets up Singapore unit as business booms Burgeoning growth ... Shipmanagement, said launching in Singapore would provide more space for the company to grow its Hong Kong ship management business. "We've always said we'll have a presence ...

    http://www.scmp.com/business/companies/article/1124957/ship-manager-wallem-sets-singapore-unit-business-booms

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