Asia News

Google Cloud gets a big boost with new data centers and undersea cables

It’s a pretty big day for Google, as the company has announced a major expansion to the infrastructure that drives its Cloud network. This expansion encompasses much of the globe, with three new submarine cables and data centers in five new regions planned. These new regions will come online beginning later this year, while…

UPS Capital Announces UPS Capital Cargo Finance service Enhancements for Small and Mid-sized Busines

ATLANTA, Jan. 16, 2018 (GLOBE NEWSWIRE) -- Credit lines up to $1.5 million on in-transit goodsLonger repayment terms up to 90 days from 75 daysUnsecured credit linesWorking capital available to support growth opportunities UPS Capital, a subsidiary of UPS® (NYSE:UPS), today announced expansion of the UPS Capital Cargo Finance® service with new options on in-transit cargo for U.S.

Andrew E. Shipley, a Top Government-Contracts Practitioner, Joins WilmerHale

Washington, DC, Jan. 16, 2018 (GLOBE NEWSWIRE) -- WilmerHale is very pleased to announce that Andrew E. Shipley, one of the nations leading government contracts practitioners, has joined the firm.Most recently chair of the government contracts practice at an Am Law 100 firm, Mr. Shipley brings to WilmerHale his deep and broad understanding of litigation…

Google Expands Undersea Cable Project

By RTTNewsJanuary 16, 2018 | 10:19AMPhoto: Shutterstock (RTTNews.com) - Google plans to commission three underwater cables in 2019 as part of efforts to expand its cloud business amid stiff competition from rivals Microsoft and Amazon.The three fiber-optic subsea cables will run across different routes. The first cable, Curie, is a private cable that will connect Chile to Los Angeles.

Rigid Inflatable Boats Market Overview, Cost Structure Analysis, Growth Opportunities and Forecast t

Rigid Inflatable Boats market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. A strong trend of R&D investments in Rigid Inflatable Boats Industry will majorly drive the Rigid Inflatable Boats market. Other growth drivers include the need to curtail costs…

Shipping Volume Sets New Record for Prince Rupert Terminal

PRINCE RUPERT - Cargo moving through the Port of Prince Rupert rose to a record volume of 24.1 million tonnes in 2017, anchored by 26 per cent growth in its intermodal container business and growth of dry bulk cargo volumes.Overall tonnage through the port was up 28 per cent from 2016, and exceeds the previous record high…

Energy Voice | Shell's Penguins redevelopment to deliver hundreds of jobs

Shell’s North Sea boss said today that the construction phase of its Penguins area project will create up to 400 UK jobs.Steve Phimister, Shell’s vice president for upstream, UK and Ireland, also said up to 70 people would work on the field’s new vessel once it is up and running.Mr Phimister was speaking after Shell revealed…

Here's Why You Should Hold on to Gerdau (GGB) Stock for Now

Zacks Equity Research,We issued an updated research report on Brazilian steelmaker, Gerdau S.A. GGB on Jan 15. Strengthening business opportunities from exposure in various end markets, growing steel demand and efforts to dispose non-core assets and lower debt burden will prove advantageous for the company. However, headwinds related to rising costs…

LPG Tanker Market Opportunities with Forecast 2016 - 2024

Shale gas production is in an unstoppable phase in some parts of the world, and this will be a high-impact driver for the global LPG tanker market. The market for LPG tankers is expected to display strong growth until the end of the forecast period of this report on account of several other factors as well. With the high production of shale gas…

Marine Hybrid Propulsion Market Expected to Touch GAGR At 8.9% by 2025 – Newsient

Market Research Reports Search Engine (MRRSE) has been serving as an active source to cater intelligent research report to enlighten both readers and investors. This research study titledMarine Hybrid Propulsion Market – Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2018 – 2024Click here For Free Sample…

WestRock Company (WRK) EPS Estimated At $0.76; 2 Analysts Covering Dril-Quip, Inc. (DRQ)

January 15, 2018 - By Richard Conner Analysts expect WestRock Company (NYSE:WRK) to report $0.76 EPS on January, 23.They anticipate $0.29 EPS change or 61.70% from last quarter’s $0.47 EPS. WRK’s profit would be $191.36 million giving it 22.76 P/E if the $0.76 EPS is correct. After having $0.87 EPS previously, WestRock Company’s analysts see -12.64% EPS growth.

Sauder profs to lead international research network on eco-friendly shipping

Researchers at the Sauder School of Business are leading an international collaborative research network focused on improving the environmental performance of the maritime shipping industry.The Green Shipping Partnership (GSP) is investigating efforts to encourage greener shipping practices and will contribute policy recommendations…

He Studied Accounting. Now He Hunts the Taliban.

Gauging the effect of the airstrikes on the Taliban and Islamic State is also a high priority for his team. Watching and eavesdropping on the scurrying around by drug-lab operators whose depots were not hit in the first wave of strikes offered keen insights for planners drawing up the next set of strikes, helping them map…

Five Global Shipping Trends to Watch in 2018

by Sri LaxmanaOverall, 2017 was a good year for the ocean shipping industry. Operating margins for most carriers improved, driven by robust demand, positive inventory developments and higher rate levels. Will the positive recovery continue? Or will the vicious cycle we’ve experienced since 2008 continue, where carriers…

High-Dividend Stock Yields 8%, On Qualified Dividends, Goes Ex-Dividend Soon - Seaspan Corporation (

Do you own any shipping stocks? We've long been fans of certain shipping stocks due to their attractive yields, good dividend coverage, and long-term contracts. One of the granddaddies of the long-term contract business model is Seaspan Corp. (SSW), which has grown to be the largest independent containership owner/manager in the world.

Summer holiday on a shoestring? It has to be Bulgaria

Varna in Bulgaria, your best bet for a cheap holiday in 2018, according to the Post Office - Tim E WhiteMoreThe cheapest holiday destination for 2018? According to the Post Offices annual survey of on-the-ground costs, its offbeat Bulgaria.After comparing prices in 42 destinations, for typical travel purchases such as drinks in local bars and restaurant meals…

Singapore uncovers large oil heist at Shell's biggest refinery

SINGAPORE (Reuters) - Eleven men were charged in a Singapore court on Tuesday in connection with a large-scale oil theft at Shell’s biggest refinery, while police said they were investigating six other men arrested in a weekend raid. Police in the island-state said on Tuesday they had detained 17 men, whose ages ranged from 30 to 63…

Global Observation Mini ROV Market Research Analysis,Regions,Trend, Demands and Growth Forecast Repo

The research report Global Observation Mini ROV Market provides an in-depth analysis of the market in terms of revenue and emerging market trends. Observation Mini ROV market size  maintained the average annual growth rate of 4.08% from 500 million $ in 2013 to 570 million $ in 2016. BisReport analysts believe that in the next few years…

Land Survey Equipment Market Worth 8.70 Billion USD by 2022

PUNE, India, January 11, 2018 /PRNewswire/ --According to the new market research report on the "Land Survey Equipment Market by Product (Gnss Systems, Total Stations & Theodolites, 3D Laser Scanners, UAVS), Industry (Construction, Oil & Gas, Mining, Agriculture), Application, Software, End User, Region - Global Forecast to 2022"…
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Tanker shipping is the big victim from OPECs oil cuts

Bloomberg reported that OPECs strategy to end a worldwide crude glut is causing havoc for a vital link in the oil industrys supply chain: the fleet of supertankers that shuttle fuel between continents. The ships average earnings plunged last year by more than half to levels not seen since 2009 and far below what shipping analysts had been predicting.