Asia

21 Sep 2018
China's coastal container fleet saw a solid growth in the first half. The average age of the overall coastal fleet is younger than the level seen in last year driven by the government's policy to encourage scrapping of younger vessels.
Bomin bunkering tanker Keila
21 Sep 2018
Just minutes after informing customers and bunker traders, Bomin issued a brief statement saying it is shutting its operations in Singapore and Antwerp.
Chalermchai Mahagitsiri
21 Sep 2018
TTA to issue bonds for business growth.
MSC Antonia
21 Sep 2018
MSC goes to Chinese yards to install South Korean-made scrubbers on its ships.
US-Iran sanctions
20 Sep 2018
The reintroduction of US sanctions will undoubtedly affect insurers and the complexity in dealing with these risks has now increased.
2015-built bulk carrier SBI Tango
20 Sep 2018
Monaco-based Scorpio Bulkers has sold a pair of Ultramax bulkers for USD19 million each and leased them back from the buyer through a five-year bareboat charter agreement.
ICBC Financial Leasing company logo
20 Sep 2018
Chinese bank leasing companies will continue to expand, buoyed by China’s economic growth and the rising importance of the maritime sector.
Port of Los Angeles
19 Sep 2018
Cargo volume growth and jobs are at stake as the United States and China continue trade retaliation measures.
19 Sep 2018
Sinotrans Shipping grew its first half net profit by nearly 400% on the back of higher dry bulk freight rates, better daily TCE earnings, and high average revenue per teu in the container shipping sector.
Iran flag
19 Sep 2018
Unlikely that the US will offer exemptions in the new sanctions regime against Iran, a New York law firm partner told IUMI delegates.
Soo Cheon Lee, chief investment officer, SC Lowy.
19 Sep 2018
Hong Kong asset investor SC Lowy is targeting German banks as a prime opportunity after acquiring the bad shipping loan portfolio of Italy’s Banca Monte dei Paschi di Siena.