Hong Kong
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Port News
FMC issues record $45.6m reparations ruling against OOCL
A US administrative law judge has ordered Orient Overseas Container Line (OOCL) to pay a record $45.6m in reparations to…
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Port News
Tainted bunkers in Asia add to shipowners’ woes amid price and supply pressures
Compounding existing concerns over price and limited availability, shipowners seeking bunkers in Asia face another issue: tainted fuel. Marine insurer…
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Port News
Seaspan breaks into MPP segment with four newbuilds
Seaspan is pushing further beyond its boxship roots, placing its first order in the dry bulk space with a series…
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Port News
Pacific Basin drops methanol dual-fuel orders in newbuild rethink
Hong Kong-listed Pacific Basin Shipping is tweaking its fleet renewal strategy, scrapping near-term dual-fuel orders in favour of conventional tonnage…
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Port News
Wah Kwong unit lines up green methanol supply deal
Wah Kwong’s fuel arm Venture Energy has moved to secure green methanol supply, signing an agreement with Shanghai Shenji Energy…
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Port News
Hutchison takes Maersk to court over Panamanian fallout
Panama Ports Company (PPC), a subsidiary of Hong Kong’s CK Hutchison, has filed arbitration against Maersk, accusing the Danish group…
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Port News
ONE buys into Hutchison’s Laem Chabang terminal
Japan’s Ocean Network Express (ONE) is spending some of its profits built up in recent years on developing its ports…
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Port News
Panama’s president hits back at Hutchison over arbitration ‘lies’
Panamanian president José Raúl Mulino has accused CK Hutchison subsidiary Panama Ports Company of lying over the country’s handling of…
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Port News
Beijing counters Panama’s port takeover
Behind closed doors, authorities in Beijing are taking action in response to Panama’s decision to revoke Hong Kong-based CK Hutchison’s…
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Port News
BAL parent LC Logistics books $236m boxship duo
Hong Kong-listed LC Logistics has ordered two 11,000 teu containerships from China in a deal worth about $236m. The vessels…
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