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Shandong Port Group creating port cluster of over 40 million teu
Shandong Port Group (SPG) is to accelerate efforts to establish a world-class port cluster in the Chinese province. Michele Labrut | Aug 23, 2023 “Currently, a coastal port cluster has formed in Shandong, with Qingdao Port as the leader and Rizhao Port and...
Ports Without the Right Infrastructure Need a New Shore Power Solution
PUBLISHED AUG 20, 2023 8:49 PM BY ROBERT SCHLUTER There's a growing demand for shoreside power, but many ports lack the electrical infrastructure to support traditional systems. A new solution is required. A series of global supply chain shocks have tested the...
Transporting people & cargo through space may start in Maine
Green 4 Maine is negotiating with HyperSpace Propulsion to make the former Loring Air Force Base their headquarters for their future SPACESTAR spaceplanes. There must be an easier way to space!” — Richard Lugg, FounderPORTLAND, MAINE, UNITED STATES, August 16,...
Taiwan inaugurates first automated container terminal at Kaohsiung port
The seventh Taiwanese container terminal - jointly developed by Taiwan International Ports Corporation and the shipping line Evergreen Marine Corporation – has been officially inaugurated at the port of Kaohsiung. Katherine Si | Aug 15, 2023 With a depth...
Shipping Industry Joins Relief Efforts for Maui Delivering Supplies
PUBLISHED AUG 11, 2023 5:29 PM BY THE MARITIME EXECUTIVE The shipping community is joining in to provide relief and support after the devastating fires swept parts of the island of Maui this week. Even before the fires have been fully extinguished, the industry...
Road Freight Transportation Market Is Thriving Worldwide During The Forecast Period 2023-2030
PUNE, MAHARASHTRA, INDIA, August 11, 2023/EINPresswire.com/ -- "Road Freight Transportation Market" [2023-2030] Research Report Analysis and Outlook Insights | Latest Updated Report | The Road Freight Transportation Market is segmented into Regions, Applications...
Russian Warship Fires Shots to Stop Neutral Merchant Ship: Kremlin
PUBLISHED AUG 13, 2023 7:40 PM BY THE MARITIME EXECUTIVE In a step change for the escalating war risk for shipping in the Black Sea, a Russian patrol ship has fired upon and boarded a foreign-flagged ship on the route from the Bosporus to the Danube, according to...
New Tech Makes Maritime Domain Awareness Affordable for Small Nations
PUBLISHED AUG 6, 2023 4:50 PM BY THE STRATEGIST [By David Brewster] Understanding what’s happening in the maritime domain, known as maritime domain awareness or MDA, is an essential element for any country that wishes to govern its maritime zones. But in the...
Govt decision makers need to value shipping’s key role: UGS
Be it war, pandemics or other global disruptions, it is shipping that links the world, allowing for the smooth flow of vital goods, and the link that keeps the global economy ticking, declared Union of Greek Shipowners (UGS) President Melina Travlou. David Glass | Aug...
Panama Canal’s Limits Force New “Largest” Boxship to Offload Before Transit
Ever Max became the largest capacity containership to transit the Panama Canal on August 1 but was required to offload boxes due to the draft restrictions (AMP) PUBLISHED AUG 2, 2023 6:11 PM BY THE MARITIME EXECUTIVE The transit of the new containership Ever...
Panama Canal to reduce daily vessel transits due to drought
The Panama Canal Authority (ACP) has announced it will reduce daily vessel transits due to an ongoing drought and help conserve water. Michele Labrut | Jul 27, 2023 Starting from 30 July 2023, the daily transit capacity of the Panama Canal will be adjusted to an...
China Launches First 700 TEU Electric Containership for Yangtze Service
PUBLISHED JUL 28, 2023 4:06 PM BY THE MARITIME EXECUTIVE China completed the float out of its first 700 TEU pure power containership. The vessel, which is being built for COSCO Shipping Heavy Industry, is part of an effort to use electric-powered vessels...
Four Companies in Shipping and Logistics Emerge as Bidders for HMM
PUBLISHED JUL 26, 2023 3:55 PM BY THE MARITIME EXECUTIVE Four bidders have emerged as potential buyers from HMM as the first round of the process begins in South Korea. Media reports are suggesting that the government favors one of the largest conglomerates to...
Dry bulk shipping market outlook H2 2023
Any hopes that the dry bulk shipping market would improve in the first half of 2023 have failed to materialise as a bounce back in Chinese demand did not happen as expected. So, what does the second half of the year hold in store? Marcus Hand | Jul 21, 2023 In the...
Armed robbery on the rise in Singapore Strait
SINGAPORE (ANN/THE STRAITS TIMES) – An Asia sea crime watch group has reported seeing a rise in armed robbery in the Singapore Strait for the first half of 2023, amid a worsened socio-economic situation in the region. There had been 38 incidents in one of the world’s...
Op-Ed: Black Sea Grain Deal Must Resume, Even if it Means Concessions
Grain terminal damaged by Russian missile strike, July 2023 (Ukrainian Ministry of Agriculture) PUBLISHED JUL 23, 2023 3:48 PM BY THE LOWY INTERPRETER [By John Denton] Earlier this week, Russia announced that it would suspend its participation in the Black...
Port of LA box volumes continue rebound in June, down 24% in H1
Container volumes at the Port of Los Angeles continued to bounce back in June and were just 5% below the record number seen a year earlier. Marcus Hand | Jul 13, 2023 The Port of LA handled 833,035 teu in June this year its strongest month since July last year, and 5%...
Is IMO 2020 shipping regulation worsening global warming?
Pollution-reducing regulation may be having negative side effect It is scorching out there. High-temperature records are being broken daily. Oceans off some shores are as hot as bathwater. What is to blame? The list of culprits and possible culprits includes fossil...
Work Resumes at Canadian West Coast Ports as Federal Terms End Strike
The nearly two-week old strike at Canada's West Coast ports came to an end as federal mediators presented terms to the union and employeers (file photo) PUBLISHED JUL 13, 2023 5:55 PM BY THE MARITIME EXECUTIVE Canada’s 13-day port strike impacting more than 30...
Australia Bans Second Briese Heavylift Ship in Ongoing Safety Effort
Australia banned the BBC Pearl for 180-days in an ongoing safety effort (AMSA) PUBLISHED JUL 10, 2023 2:00 PM BY THE MARITIME EXECUTIVE Australia is continuing what its safety authority is calling “a crackdown on unsafe and unseaworthy vessels,” issuing the fifth...
California Will Invest $1.5 Billion in Port Infrastructure Upgrades
California announced plans to invest $1.5 billion in the states ports and supporting infrastructure (file photo) PUBLISHED JUL 6, 2023 5:55 PM BY THE MARITIME EXECUTIVE California announced plans for a statewide investment program designed to enhance the...
China container ports handle 122 million teu in Jan – May
The ports in China have achieved positive growth both in container and cargo throughput during the first five months of this year. Katherine Si | Jul 03, 2023 From January to May, China’s ports posted a container volume of 122 million teu, an increase of...
Autonomous learners and autonomous ships
Equipping seafarers with better language skills is essential for shipping’s transformation and enables the next generation of maritime leaders, writes Catherine Logie, Director, Direct to Consumer Services, Ocean Technologies Group. Catherine Logie | Jun 30, 2023...
Canadian dockers issue strike notice
Members of the International Longshore Workers Union (ILWU) Canada have issued a 72-hour strike notice that that will see industrial action begin around 0800 hrs on 1 July. Nick Savvides | Jun 29, 2023 Unionised dockers voted overwhelmingly for strike action on 9 and...
How could sooner-than-expected Russian defeat impact shipping?
Speculation grows on post-Ukraine war scenarios for ocean shipping The situation in Russia and Ukraine — and its potential effect on global trade flows — is changing fast. On Friday, the EU released details on its new sanctions package targeting Russia’s crude exports...
World Moves Closer to a Global Plastics Treaty
PUBLISHED JUN 25, 2023 5:05 PM BY CHINA DIALOGUE OCEAN [By Emma Bryce] Each year, an estimated 200 tonnes of plastic drifts down the River Seine through Paris and into the sea. It’s a tiny fraction of the 14 million tonnes that tips into the...
Day of the Seafarer 2023: A Message From Wallem
PUBLISHED JUN 23, 2023 6:39 PM BY JOHN-KAARE AUNE On the Day of the Seafarer 2023, Wallem would like to express its gratitude to the many talented men and women worldwide whose unwavering commitment to their profession helps to keep ships sailing and goods...
Asia-Med container rates settle $1,000 per feu over Asia-Northern Europe
The volatile spread of container rates between Mediterranean and Northern Europe routes from Asia looks to have steadied around the $1,000 per feu mark. Gary Howard | Jun 22, 2023 Analysis from Xeneta showed that operators on the Asia – Med route are paying a premium...
Digital solutions for Smart Bunkering
Short deliveries are a real issue in bunkering and Ascenz Marorka is the first to introduce a digital monitoring solution for mass flow meters. Ascenz Marorka | Jun 19, 2023 Introduction In 2022, an independent study[1] conducted by the consulting company BLUE Insight...
System Demonstrators: Swedish Ports as a Case Study for Innovation
PUBLISHED JUN 18, 2023 8:03 PM BY MIKAEL LIND ET AL. [By Mikael Lind, Wolfgang Lehmacher, Andreas Netz, and Richard T. Watson] A country’s ability to improve its standard of living over time depends almost entirely on its ability to raise its capital...
West Coast port labor deal reached; peak season chaos averted
Tentative agreement on new 6-year contract, subject to ratification Negotiations on the West Coast port labor contract dragged on for months longer than expected, with tempers flaring along the way. Work disruptions began affecting ship schedules and container...
81% drop in first quarter container line EBIT
First quarter container line EBIT dropped by 81% on-year in the first quarter 2023, but still remains above pre-pandemic levels. Gary Howard | Jun 09, 2023 Figures from Sea-Intelligence showed that while revenues decline 35-70% year-on-year in the quarter, EBIT of...
Port of Seattle Suspends Container Operations Due to ILWU Actions
PMA reports Port of Seattle is shut down due to actions by the ILWU (Seattle file photo) PUBLISHED JUN 10, 2023 6:47 PM BY THE MARITIME EXECUTIVE Container operations at the Port of Seattle, Washington have been suspended since Friday, June 9, and did not resume...
Panama Canal takes water saving measures in face of ‘unprecedented drought’
With draught restrictions already in place the Panama Canal Authority (ACP) is implementing water saving procedures as it battles one of the worst droughts the waterway has seen. Michele Labrut | Jun 07, 2023 The arrival of the “El Nino’ phenomenon could worsen the...
Container export dwell time at Chinese ports falls 62%
Dwell times for export containers at China's ports have fallen to under five days while import dwell times have risen in recent weeks. Gary Howard | Jun 05, 2023 According to data from FourKites, ocean dwell times – the difference between gate times and vessel...
Shippers Calls for Biden to Intervene to Reopen West Coast Ports
Port of Los Angeles highlights that it is open with no vessels backed up while the current labor dispute continues (Port of Los Angeles) PUBLISHED JUN 5, 2023 4:27 PM BY THE MARITIME EXECUTIVE With uncertainty over how long and how wide the disruptions will be in...
Trans-Pacific spot container shipping rates are inching up
Shipping lines’ latest round of general rate increases partially successful Shipping lines have pulled Asia-U.S. spot rates off the floor, but it’s a slog: two steps up, one step back, another two steps up, a slide back again. The general rate increase (GRI) on...
Ship financing in uncertain times
A long-term perspective is essential for financing maritime portfolios in a period of extraordinary market volatility. Michael de Visser | May 26, 2023 Discussing ship finance, one of the key themes at Europort 2023, Michael de Visser, Managing Director of...
Protecting Ports for a Secure Global Supply Chain
A recent Wall Street Journal article highlighted the importance of defending against port cyber attacks. The article outlines upcoming regulations which will encourage more action to prevent attacks. Ports are a significant point within the maritime supply...
Study: Melting Antarctic Ice Could Slow Vital Ocean Currents
A new study has found that melting Antarctic ice is slowing one of the world’s significant deep ocean currents, which could have a wide-reaching impact on marine ecosystems. Antarctica is a unique landscape and its environment has a huge impact on the rest of the...
Hamburg Container Throughput Declines Due to Loss of Russia Trade
Hamburg cited the loss of Russian trade contributing to a soft first quarter 2023 (file photo) PUBLISHED MAY 19, 2023 5:42 PM BY THE MARITIME EXECUTIVE Leading ports in Europe continue to be impacted by the loss of Russia-related business due to sanctions. The...
Container freight market normalisation is ‘not really normal’
Article-Container freight market normalisation is ‘not really normal’ There’s been a lot of talk of normalisation of container shipping markets, but Xeneta analyst Peter Sand doesn’t believe it is normal at all. Barry Parker | May 18, 2023 “Then again, it’s not really...
Houston’s Export Levels Grow as Port Rises in U.S. Rankings
Houston rose to 5th in the U.S. rankings based on the strength of its 2022 volumes PUBLISHED MAY 16, 2023 7:10 PM BY THE MARITIME EXECUTIVE The Port of Houston, Texas continues to outpace the industry showing strong volumes than many other U.S. ports due in part...
Ammonia-Fueled Bulkers Could Start Australia’s Green Corridor by 2028
Pilbara Ports handled 279 vessels and has the potential to be a first mover in ammonia-fueled vessels (pilbara Ports Authority) PUBLISHED MAY 15, 2023 7:33 PM BY THE MARITIME EXECUTIVE A feasibility study on the potential for the Australia-East Asia Iron Ore...
Recession, geopolitics and costs top supply chain fears
A recession in the US, geopolitical tensions and rising operating costs were the top concerns among supply chain professionals, according to a recent survey. Gary Howard | May 10, 2023 Container xChange surveyed 1200 supply chain professionals, asking what disruptions...
Container line schedule reliability returning to pre-Covid levels
Container line schedule reliability is continuing to improve returning to pre-pandemic levels according to analysts Sea-Intelligence. Marcus Hand | May 09, 2023 After a dramatic 7.7 percentage points increase in reliability between January and February this year...
Lifeboats on Cargo Ships Need to Be Redesigned to Improve Crew Safety
While there have been significant advancements in developing lifesaving equipment, the Container Ship Safety Forum says there are far too many injuries to crewmembers aboard cargo ships while launching lifeboats. The industry association, which has a goal to improve...
Imports Continue Slow Climb Despite Cuts in 2023 Forecast
Retail import levels are continuing a slow but steady rise from the three-year lows experienced at the beginning of 2023. The National Retail Federation however continues to lower its forecasts cutting its projections for the second quarter and for the first half of...
As oil tumbles, marine fuel gets cheaper — and so do tanker stocks
VLSFO-HSFO marine fuel spread sinks below $100 threshold Russia — one of the world’s top energy providers — is mired in war. The OPEC cartel is cutting production. And yet, oil prices continue to tumble, weighed by global recession fears and concerns on Chinese...
AD Ports Group expands dry bulk fleet, moves into tankers
AD Ports Group is expanding its shipping fleet with the acquisition of five bulk carriers and three crude oil tankers. “The five bulk carriers, to be purchased for $125 million, form part of the long-term agreement with Saif Powertec, signed in April 2022, for the...
Local News
Budget 2025 roundup: 20 quick facts entrepreneurs in Malaysia need to know
Following the theme of “Ekonomi MADANI: Negara Makmur, Rakyat Sejahtera”, Budget 2025 has been tabled on October 18, 2024, by Malaysia’s Prime Minister and Finance Minister, Datuk Seri Anwar Ibrahim. If you missed it, here are the must-know topics for...
New minimum wage will cause job loss says enterprise association
PETALING JAYA: The increase in the minimum wage to RM1,700 from Feb 1 next year is expected to disrupt the operations of small and medium enterprises (SMEs), according to the Small and Medium Enterprises Association of Malaysia (Samenta). Its president, Datuk Willian...
Explained: What will the expanded SST affect and when?
KUALA LUMPUR, October 18 — The federal government is expanding the scope of the Sales and Service Tax (SST) to further improve the nation's tax revenue in the Budget 2025. The expansion will be implemented starting May 1, 2025. Here are the key points from Prime...
Malaysian Checkpoints and Border Agency to take over operations of five entry points from Feb 2025
Operations will begin in phases, starting with the Rantau Panjang entry point from 1 January 2025. As part of efforts to improve border control, the Malaysian Checkpoints and Border Agency (AKPS) will assume control of the country's five entry...
Solving the Southeast Asia Logistics Puzzle
Southeast Asia is growing as a driving force in global trade. Its logistics sector has faced several stress tests in recent years. Here’s one factor that can make a difference. Southeast Asia has long been the go-to area for manufacturers seeking cost-effective...
Adopt EV and AI to enhance customer service, minister Fahmi urges delivery and logistic firms
KUALA LUMPUR, Oct 9 — Communications Minister Fahmi Fadzil has called on delivery and logistics companies today to utilise technologies such as electric vehicles (EV) and artificial intelligence (AI) to enhance services for customers. He said this in line with Pos...
Malaysia committed to exploring new business opportunities in Laos
VIENTIANE: Malaysia is committed to exploring new business opportunities in Laos that could benefit both countries and is looking forward to enhancing bilateral cooperation, Prime Minister Datuk Seri Anwar Ibrahim said. The sectors include defence, banking and...
Tengku Zafrul: Malaysia, UAE enhance trade prospects after concluding CEPA negotiations
KUALA LUMPUR: Malaysia and the United Arab Emirates (UAE) have successfully concluded the negotiations for a Comprehensive Economic Partnership Agreement (CEPA), set to eliminate or reduce tariffs, lower trade barriers, foster private-sector collaboration, and create...
Mandanas announces: Batangas is logistics hub for ASEAN
THE ASEAN-Batangas Access Zone (ABAZ) was officially turned-over Friday to the provincial government of Batangas, making the province the logistics hub for Southeast Asian countries. ASEAN consisted of Brunei, Burma, Cambodia, Indonesia, Laos, Malaysia, Philippines,...
JCorp launches new container operations at Tanjung Langsat Port
JOHOR BAHRU: Johor Corporation (JCorp), through its subsidiary JLand Group (JLG), has launched new container operations at the Tanjung Langsat Port (TLP), Johor, aimed at strengthening Malaysia’s position in the global oil, gas, and logistics industries. JCorp said in...
Foreign competition to perk up domestic shipping
It has finally happened. A foreign shipping firm has decided to throw its hat into the Philippine domestic shipping arena, which has been plagued for decades with the high cost of doing business, lack of economies of scale and poor port infrastructure. This has made...
2025 Budget: Priorities renewable energy, environmental management – Experts
KUALA LUMPUR: The use and research of renewable energy, support for research, and the enforcement of environmental management are key aspects that should be prioritized in the 2025 Budget, ultimately driving sustainable growth related to environmental, social, and...
Loke: Govt optimistic KLIA can become regional cargo hub
SEPANG: The government is optimistic that Kuala Lumpur International Airport (KLIA) has the potential to become the region’s cargo hub, said Transport Minister Anthony Loke Siew Fook. He said KLIA has all the necessary factors to continue to grow and become the cargo...
E-Invoicing: Are we really ready?
IT HAS been just over a month since the mandatory e-invoicing system was introduced on Aug 1 for Malaysian taxpayers with an annual turnover exceeding RM100 million. While the launch had a rough start with taxpayers initially struggling to access the Inland Revenue...
Increase in blank sailings to disrupt global shipping: Dimerco
Carriers will ramp up blank sailings by over 1.5 times, adding 53 more cancellations between weeks 38 and 42 compared to the previous five weeks, according to the latest update from Dimerco. "Drewry's weekly analysis on September 13 reported that 90 blank sailings...
Malaysia welcomes cooperation between telco companies and local media organizations to develop AI applications – Fahmi
BEIJING: Malaysia welcomes the collaboration of telecommunications companies with any local media organizations to develop artificial intelligence (AI) applications to help produce content, as well as report efficiently and effectively. Communications Minister Fahmi...
Westport’s development to strengthen Malaysia as global maritime and logistics hub
PORT KLANG: The development of Westport Holdings Bhd’s phase two container terminal expansion from terminals 10 to 17 is a significant step to strengthen Malaysia’s position as a global maritime and logistics hub. Westports executive chairman and group managing...
National single window initiative to boost M’sia, China trade
KUALA LUMPUR: The Investment, Trade and Industry Ministry (Miti) is confident that Malaysia’s national single window (NSW) trade initiative will harmonise with China’s customs system and facilitate business and trade operations by reducing red tape, coordinating and...
Duo aims to make Malaysia regional and global leader in drone technology and innovation
KUALA LUMPUR:The Malaysia Drone Chamber of Commerce and Industry (MDCoCI) is poised to revolutionise the country’s drone sector, said president Shanmugam Thanggavilo and founder Elanggovan Thanggavilo. The duo said they aim to make the country a regional and global...
Intra-Asia index brings clarity to largest container shipping trade
In what is the world’s largest trade by volume, and deployed capacity, it was an anomaly that the intra-Asia trades did not have a dedicated spot index to match the other major tradelanes out of Asia to Europe and the US. Philip Damas, MD and head...





































































