The Business Times

ships

Companies & Markets
HOT STOCK

ASL Marine jumps 2.3% after share placement; Yangzijiang Shipbuilding falls 4.3% over port fees spat

Seoul’s negotiators have been racing to stay engaged with their US counterparts as Washington shifted its focus to the European Union and China.
International

South Korea pitches Trump on shipyards for last-minute trade deal

Nam Cheong has 21 vessels under long-term charter, or 56.8 per cent of its total fleet.
Companies & Markets

Nam Cheong bags RM317.1 million in regional vessel charter deals

A new technical reference on methanol bunkering has been published to provide a framework for safe and efficient use of methanol as an alternative in bunkering operations, said MPA.
Transport & Logistics

Singapore launches new standard for methanol bunkering

The group shipped 27 vessels in the second half of the year, up from 17 vessels a year earlier.
Companies & Markets

YZJ, Seatrium stocks ride wave of upcycle orders; smooth sailing ahead seen for marine sector

The sudden rise in exports of higher-value manufactured goods such as electric vehicles has caused rising concern in developed nations.
Transport & Logistics

China’s car and ship exports hit record despite slowing trade

China’s navy is rapidly growing and now has a larger fleet than the US.
International

US leans on shipbuilding prowess of allies to compete with China

Panama-flagged oil tanker Blue Lagoon I transits the Bosphorus in Istanbul, Turkey June 14, 2024. The Houthis late on Monday claimed responsibility for targeting Blue Lagoon I with multiple missiles and drones but did not make any mention of the Saudi tanker Amjad.
International

US military says Yemen’s Houthis attacked two crude oil tankers in Red Sea

Fortescue Green Pioneer, an ammonia-powered vessel, off Marina South Pier, April 8, 2024.
ESG

Green fuel transition presents retrofitting opportunity for shipyards, with some caveats

NTSB chair Jennifer Homendy says investigators remained on site after the crash and interviewed key people including the pilots and US Coast Guard personnel.
Transport & Logistics

US investigators interview ship personnel in Maryland bridge collapse

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