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Asia


Tuesday, July 9, 2024
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

Slumping Freight Rates Telegraph Warning on Asian Crude Demand

(Bloomberg) — The cost of shipping crude oil along key routes to Asia is slumping as supertankers take shorter trips and demand softens in China. Freight

July 9, 2024
Total Views: 704

Wednesday, May 29, 2024
File photo of a containership in port
Shipping

The $10,000 Shipping Container Looms in Latest Trade Strains

Companies transporting goods from Asia face costs of as much $10,000 for an urgent full-size shipping container over the next month — about double current

May 29, 2024
Total Views: 5125

Wednesday, May 22, 2024
Aerial view of tanker ship at sea. Stock Photo: Shutterstock/bob63
News

Russia Plans to Open Sea Terminal for LPG Exports to Asia by 2026

MOSCOW, May 22 (Reuters) – Russia will likely open its first liquefied petroleum gas (LPG) terminal on the Pacific Ocean coast with joint investments

May 22, 2024
Total Views: 497

Monday, April 22, 2024
As Shale Oil Gains Slow, Deepwater Port Struggles For Customers
Shipping

As Shale Oil Gains Slow, Deepwater Port Struggles For Customers

HOUSTON, April 22 (Reuters) – As U.S. shale oil boomed last decade, an oil pipeline company pitched an ambitious multi-billion-dollar

April 22, 2024
Total Views: 1561

Wednesday, February 21, 2024
Indian Navy's guided missile destroyer INS Visakhapatnam responds as smoke rises from Marlin Luanda, at the location given as Gulf of Aden. Handout via REUTERS
News

Red Sea Ballistic Missile Attacks Trigger Asian Interest in Defenses

SINGAPORE, Feb 21 (Reuters) – The use of anti-ship ballistic missiles (ASBMs) in the Red Sea has spurred interest in Asia

February 21, 2024
Total Views: 14166

Tuesday, January 30, 2024
lng carrier
Shipping

Biden’s LNG Pause Has Asian Fuel Buyers Hunting for Other Options

(Bloomberg) — Asian liquefied natural gas buyers have begun looking for alternatives to offset potential delays to US projects hit by a moratorium on new

January 30, 2024
Total Views: 1158

Tuesday, January 23, 2024
Satellite View of Saudi Arabia and north eastern Africa. Egypt, Sudan, Ethiopia, The Gulf of Suez, the Dead Sea, Gulf of Aden, Persian Gulf and Gulf of Oman. Elements of this image furnished by NASA.
Shipping

‘World’s Most Ambitious’ Trade Route Stalls in Middle East Turmoil

(Bloomberg) — A far-reaching plan to channel Europe–Asia trade through the Middle East is at risk of stalling before it even gets started. The

January 23, 2024
Total Views: 2481

Tuesday, January 2, 2024
Suez,,Egypt,-,November,14,,2019:,Large,Container,Vessel,Ship
Shipping

CMA CGM Hikes Shipping Rates Between Asia and Mediterranean

PARIS, Jan 2 (Reuters) – French shipping group CMA CGM will increase its container shipping rates from Asia to the Mediterranean region by up to

January 2, 2024
Total Views: 2094

Tuesday, September 26, 2023
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

Mideast-Asia Tanker Rates Rebound, Capped by OPEC+ Supply Cuts

SINGAPORE, Sept 26 (Reuters) – The cost of chartering a supertanker to load Middle Eastern crude oil for Asia has rebounded from a 19-month low

September 26, 2023
Total Views: 373

Wednesday, June 21, 2023
File photo of an offshore drillship
Energy

Offshore Oil Spending to Rise More Than 20% This Year

HOUSTON, June 21 (Reuters) – Offshore oil and gas exploration spending will increase more than 20% globally this year and the growth will continue

June 21, 2023
Total Views: 774

Friday, June 16, 2023
Rates Woes Continue for Carriers Amid Claims of Transatlantic Price-Dumping
Shipping

Rates Woes Continue for Carriers Amid Claims of Transatlantic Price-Dumping

By Mike Wackett (The Loadstar) – Asia-North European carriers are being obliged to discount rates at the time of year – the build-up to the peak

June 16, 2023
Total Views: 2006

Sunday, May 21, 2023
LNG carrier in open sea during daytime
Shipping

Crippling Heat Deepens Asia’s Reliance On Russian Energy

By Yongchang Chin (Bloomberg) –The extreme heat that’s been scorching Asia in recent weeks has produced one clear beneficiary — Russia. As

May 21, 2023
Total Views: 2662

Thursday, February 2, 2023
Germany Offshore Wind Farm
Offshore

Offshore Ship Shortage: Why Asia’s Offshore Wind Plans Are Stuck At Sea

By Ann Koh (Bloomberg) Asian nations counting on offshore wind farms to meet clean energy goals are facing an increasing shortage of ships for installing the

February 2, 2023
Total Views: 2541

Sunday, November 14, 2021
Shipping Logjam Is Forcing Major Companies To Rethink Their Manufacturing Hubs In Asia
Shipping

Shipping Logjam Is Forcing Major Companies To Rethink Their Manufacturing Hubs In Asia

By Siddharth Cavale and Corina Pons (Reuters) – Major clothing and shoe companies are moving production to countries closer to their U.S. and European

November 14, 2021
Total Views: 4160

Tuesday, May 29, 2018
offshore wind farm
News

`Dawn’ of Asia’s Offshore Wind Boom Lures Japanese Trading Houses

By Chisaki Watanabe and Ichiro Suzuki (Bloomberg) — Untapped offshore wind is luring Japan’s biggest commodity houses to invest in projects in Taiwan

May 29, 2018
Total Views: 43

Monday, April 30, 2018
offshore wind turbines
News

Taiwan Emerging as Battleground to Expand Offshore Wind in Asia

By Stine Jacobsen COPENHAGEN, April 30 (Reuters) – Taiwan is becoming the next battleground for the world’s top offshore wind developers as

April 30, 2018
Total Views: 32

Monday, April 3, 2017
DSME Shipyard South Korea
Maritime News

Opinion: Zombie Companies (Like DSME) Threaten to Eat Asia’s Future

By Michael Schuman (Bloomberg View) — Any horror aficionado knows that the only good zombie is a dead zombie. Don’t risk trying to bring one back to

April 3, 2017
Total Views: 8

Monday, February 29, 2016
asia vision lng carrier
Maritime News

Biggest LNG Buyers Seek Alliance to Boost Bargaining Power

By Tsuyoshi Inajima and Emi Urabe (Bloomberg) — Japan’s Jera Co. said it’s in talks with other LNG companies to create an alliance of buyers that

February 29, 2016
Total Views: 7

Friday, January 8, 2016
Traders Eye Alaskan Crude Exports to Asia with Ban Lifted
News

Traders Eye Alaskan Crude Exports to Asia with Ban Lifted

By Jacob Gronholt-Pedersen and Liz Hampton SINGAPORE/HOUSTON, Jan 8 (Reuters) – Oil traders in Asia are running the numbers on importing Alaskan crude,

January 8, 2016
Total Views: 14

Friday, October 23, 2015
To Beat Congestion, Asian Box Terminal Operations Need Revolution, Not Evolution
Maritime News

To Beat Congestion, Asian Box Terminal Operations Need Revolution, Not Evolution

  By Sam Whelan in Shenzhen, The Loadstar The waves of port congestion that regularly beset Asian container terminals can be overcome through an industry

October 23, 2015
Total Views: 22
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