Eastern Pacific Shipping Books 7 More Ultra-Large Boxships

Singapore’s Eastern Pacific Shipping has been linked to an order for seven ultra large containerships at Hyundai Samho Heavy Industries. The seven newbuildings, featuring 15,000 TEU each, are slated for delivery between 2019 and 2022, data from Asiasis shows. The latest order brings the company’s ULCV orderbook at the South Korean yard to 11 ships,
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Asia Maritime Pacific (AMP) and Fenwick Shipping Services have announced that the two companies have merged their operations. Asia Maritime Pacific is an international Handysize and mini bulker owner and operator, headquartered in Hong Kong, with a fleet of over 40 modern dry bulk vessels operating worldwide. With a network of nine offices and over
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The Ocean Cleanup, the Dutch non-profit organization developing advanced technologies to rid the oceans of plastic, on 8 September 2018 launched the world’s first ocean cleanup system from the San Francisco Bay says an official release.   The cleanup system (“System 001”) is heading to a location 240 nautical miles offshore for a two-week trial before
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Pacific spot day charter rate for LNG carriers is at its highest point for the year-to-date, amid tight prompt availability and several requirements. S&P Global Platts assessed the Pacific day rate for LNG vessels at $90,000/day on Tuesday, the highest since late December, when the hire rate was $85,000/day. ExxonMobil was heard to have put
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NEW DELHI: India’s share in the GDP of Asia and Pacific region has increased to 17.3 per cent in 2017 from 14.6 per cent in 2000, a ADB report said recently. As per the ADB’s report on ‘Key Indicators for Asia and the Pacific 2018’, the Asia and Pacific region accounts for more than two-fifths
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While the administration of U.S. President Donald Trump is considering slapping another $200 billion in tariffs on Chinese goods, 16 economies in Asia Pacific are racing to conclude a mega trade deal that would become the largest trading bloc in the world. What’s happening in the U.S. “has actually given us the urgency” to press
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Singtel and KVH Industries, Inc., (Nasdaq: KVHI), a global satellite and maritime communications provider, announced a partnership to provide shipping companies a seamless broadband satellite service with KVH’s mini-VSAT BroadbandSM satellite connectivity to help accelerate the digital transformation of the maritime industry across the Asia Pacific region. This satellite service is designed to facilitate the
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Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Pacific Bulk Cape Company Limited, Hong Kong, for one of its Capesize dry bulk vessels, the m/v Semirio. The
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In its effort and commitment to improve schedule reliability and expand market coverage, OOCL has informed of the following Trans-Pacific service changes: Pacific China North 1 (PCN1): Omit Dalian call * Effective from HCP CSCL SPRING (HCP) 016E * The new port rotation will be as follows: Tianjin – Qingdao – Price Rupert – Long
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Cathay Pacific has undertaken a proof of technology trial of Bluetooth low-energy (BLE) beacons in the Cathay Pacific Cargo Terminal, the airline’s cargo hub in Hong Kong. The trial, in harness with Unilode Aviation Solutions and OnAsset Intelligence, focused on the practicality of using these wireless devices in the multi-storey, concrete surroundings of the cargo
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