Maritime World

It is now clearer why Thailand decided to start its own carrier In a statement, the Thai National Shippers‘ Council (TNSC) expects the nation’s exports to rise above 7 per cent in Q3 21 from a year earlier and 6 per cent in the Q4 21 – supported by higher global demand and …

Mega box ships having mishaps are now blamed for their full loads The recent string of maritime mishaps resulting in loss shipments are now attributed to not vessels being overloaded. It is instead “fully-loaded”. Weather conditions and human error are just accessories to the saga. An unsettling hypothesis Ever since …

China is certainly becoming a maritime heavyweight Anyone who used to belittle China’s coming would have to concede now. It can build, manufacture, inoculate and deploy. Matter of time, world trade becomes contingent on the republic. Rather, the question is ‘how soon?’ Its grand entrance Manufacturers who earlier gave up …

Intention of China, to dominate the iron ore market did not garner everyone’s support, or did it? Apart from blocking Australia, the republic has not slowed down in its aggressive iron ore buying. In fact, industry experts earlier predicted a trading surge between Indonesia and China, backed by a recently …

It is no relief for shippers despite improvements at Yantian port Maersk issued a notice on its website to announce there are improvements in Yantian port’s operations. However, nowhere in its advisory mentioned rebates. The carrier seems unfazed by complaints in the marketplace though none are named. Shippers’ wrath over …

The mammoth ship is finally allowed to leave the Canal, meanwhile… All parties remained secretive about the terms and conditions to be approved by the judge on 11 July 2021. Osama Rabie, the Suez Canal Authority’s (SCA) Chairman, notified the canal will receive a tug boat with a pulling capacity …

A statement by Red Cross on the rapid Delta variant spread brings flashbacks of India’s calamity Indonesia is now suffering from the overwhelming surge of the more infectious COVID-19 variant. World Health Organisation’s (WHO) data as of 1 July revealed Indonesia’s highest infections in Southeast Asia surpassing 2.2 million, with …

It did not attract any ministerial attention last March, till the global shipping crisis hit  The idea of Thailand establishing its carrier was first mentioned, but was put at the backburner. Nobody expected world trade to be in hot water and held hostage by top liners. Thailand’s Transport Minister Saksayam …

The European Union (EU) again delays approval on Hyundai Heavy Industries’ acquisition plans Hyundai Heavy Industries Holdings Co’s (HHIH) plans to acquire Daewoo Shipbuilding and Marine Engineering Co (DSME) was announced in March 2019. After 3 rounds of adjournment to review possible implications from this massive deal, the EU dishes …

Korea’s mission to revitalise its shipping sector was earlier thwarted, however…. HMM just splurged $1.57 billion for 12 13,000 teu box ships order, split between Korean shipyards: Daewoo Shipbuilding & Marine Engineering and Hyundai Merchant Marine. Each will construct six vessels, and deliveries are scheduled in the first half of …