Asia News

China Receives First American LNG Cargo

The first cargo of US liquefied natural gas (LNG) to target the world’s largest energy consumer arrived Monday at the Chinese port of Yantian in Shenzhen near Hong Kong.The cargo was brought onboard the 161,870-cbm Maran Gas Apollonia, chartered by the Hague-based LNG giant Shell, that was the first LNG tanker to transit…

South Koreas zombie companies threaten economic powder keg

South Korea is facing "an economic powder keg", with a growing number of companies unable to service their debt with income, according to figures released on Thursday.The new data underline the magnitude of the challenges facing Asia's fourth-largest economy which, despite longstanding pledges of reform, remains firmly in the grip of so-called zombie companies.The nation recorded more than 3…

Software Defined Radio (SDR) Report 2017 - Growing Adoption of Land Mobile Radio in Commercial & Ind

DUBLIN, May 26, 2017 /PRNewswire/ --Research and Markets has announced the addition of the "Software Defined Radio (SDR) - Global Strategic Business Report" report to their offering.Research and Markets LogoMoreThe report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World.

Falling OPEC Exports Create Upside For Oil Prices

No sooner had the dust settled after the conclusion of the latest OPEC meeting (with oil traders selling the market like hot cakes), we got Saudi oil minister Khalid Al-Falih saying that exports to the US were dropping measurably.While this has caused a good degree of excitement in the market, we here at the good ship ClipperData had…

Global Hydraulic Components Report 2017 - Increased R&D, Encouraging Formulation of Innovative Hydra

DUBLIN, May 26, 2017 /PRNewswire/ --Research and Markets has announced the addition of the "Hydraulic Components - Global Strategic Business Report" report to their offering.Research and Markets LogoMoreThe report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa, and Latin America.

DHL's fish freighter for Norwegian seafood logistics ǀ Air Cargo News

DHL Global Forwarding is accelerating Norways seafood supply chain by shipping live crabs and other seafood on dedicated weekly flights from Oslo to Asia and Northern America. The express giant is transporting fresh seafood from Laskselv airport in northern Norway to Oslo, from where the freight is sent to South Korea and other destinations, such as Japan or the US.

The New Deal as raw deal for blacks in segregated communities

Charles Lane covers housing issues for The Washington Post editorial page. By the early 20th century, American neighborhoods were highly segregated along racial lines, contrary to promises embodied in the post-Civil War constitutional amendments ending slavery and establishing equal rights. Segregation was so far advanced by 1930 that neighborhoods in the average U.S.

A visit with Manuel Benitez, No. 2 executive at the Panama Canal Authority | Ports & Rail

The Panama Canal, a 50-mile engineering marvel that connects the Pacific and Atlantic oceans, is now 103 years old.Last June, it got a new lease on life when expanded locks opened that allow it to handle vessels roughly 2½ times larger than those it could accommodate previously.Early this month, the COSCO Development, able to carry 13…

HNA Group Launches Interactive Campaign in Times Square to End World Hunger

NEW YORK and SHANGHAI, May 26, 2017 /PRNewswire/ -- In support of world hunger relief efforts, HNA Group, a Fortune 500 company focused on tourism, logistics and financial services, announced the successful launch of its #ShareMoreDreamMore campaign in Times Square, New York City, engaging more than 10,000 active participants…

US to Fire Shore-Launched Missile at Old Ship During 2018 Pacific Rim Exercise

During the Land Power in the Pacific (LANPAC) military conference in Honolulu, hosted annually by the Association of the US Army’s Institute of Land Warfare, Adm. Harry Harris said that Japanese ground forces would be firing a shore-based missile during RIMPAC as well. Harris said that the exercises were a vital factor…
Jan. 26, 2008, file photo, the USS Dewey (DDG 105), a United States Navy Aegis Guided Missile Destroyer, sits at the Northrop Grumman shipyard on its christening day in Pascagoula, Miss. China is protesting a U.S. Navy patrol that brought the USS Dewey near a group of manmade islands in the South China Sea that are controlled by Beijing. The Chinese defense ministry said Thursday that it had been in contact with U.S. officials over the matter. (AP/Nicole LaCour Young, File)

Beijing protests US Navy patrol through South China Sea

Image 1 of 2Jan. 26, 2008, file photo, the USS Dewey (DDG 105), a United States Navy Aegis Guided Missile Destroyer, sits at the Northrop Grumman shipyard on its christening day in Pascagoula, Miss. China is protesting a U.S. Navy patrol that brought the USS Dewey near a group of manmade islands in the South China Sea that are controlled by Beijing.

Growth Opportunities in the Global Prepreg Market, 2017-2021

DUBLIN, May 25, 2017 /PRNewswire/ --Research and Markets has announced the addition of the "Growth Opportunities in the Global Prepreg Market" report to their offering.Research and Markets LogoMoreThe global prepreg market is expected to reach an estimated $6.6 billion by 2021 and it is forecast to grow at a CAGR of 7.7% from 2016 to 2021.Trends…

Yall Politics | Sen. @RogerWicker Holds Second Hearing on Building a Larger Navy

WASHINGTON U.S. Senator Roger Wicker, R-Miss., Chairman of the Senate Seapower Subcommittee, today conducted a public hearing aimed at getting industry perspectives on achieving a 355-ship Navy. Wickers opening statement focused on four key issues: industrial base readiness to increase production, the importance of a stable and predictable workload…

Seeking Value in Brazil: Vale

- By Mark YuVale SA (VALE), the $43.4 billion Brazilian miner, reported strong business recovery from the recent turmoil in the mining industry with 59.6% revenue growth to $8.5 billion and 40% profit growth to $2.5 billion in the first quarter - a 29.2% margin vs. 33.3% in the same period a year earlier.In review, Vale's…

Chamber of Shipping Calls for Federal Government Triage on Coastal Management

VANCOUVER , May 25, 2017 /CNW/ - As a new report reveals the substantial value of shipping to Canadians across the country, the industry seeks assurance from the Government of Canada that coastal management will recognize the need to secure marine trade corridors through a focused spatial planning effort.Chamber of Shipping (CNW Group/Chamber of Shipping)MoreToday…

Can a new killer whale attraction help rescue SeaWorld?

A symphonic score fills the former Shamu Stadium at SeaWorld, the tempo building suspense as footage of an icy landscape in Antarctica moves across a 140-foot-wide screen.A little off cue, an 8,000-pound orca named Keet appears, speeding along the perimeter of the pool as waves crash over where a crowd of SeaWorld visitors will sit when the San Diego parks Orca Encounter debuts this weekend.

ASMEX Conference Day 1

Gulf Craft CEO Erwin Bamps Charter World http://www.charterworld.com.auTweetAround 260 international and local industry professionals gathered in Sanctuary Cove this week for the seventh Australian Superyacht, Marine Export and Commercial Marine Industry (ASMEX) conference. Richard Chapman, president of AIMEX, opened the…

Hapag-Lloyd and UASC complete merger

DGAP-News: Hapag-Lloyd AG / Key word(s): Mergers & Acquisitions/Merger24.05.2017 / 14:49 The issuer is solely responsible for the content of this announcement.Hamburg, 24 May 2017Hapag-Lloyd and UASC complete mergerHapag-Lloyd strengthens position as top 5 carrier / Among the market leaders in several trades / One of the…

Port Everglades | Broward County Shipping

Port EvergladesThe Broward County Commission unanimously approved one of the most expensive expansion projects in Port Everglade’s history.The port, which acts as a gateway to Latin America, the Caribbean, Europe and Asia, will now begin the $437.5 million project that will nearly triple its existing deepwater turn-around area…

ADS Advance - FAA approves A350 XWB for 'beyond 180 minutes' ETOPS

The US Federal Aviation Administration (FAA) has approved the Airbus A350-900 for ETOPS (Extended-range Twin engine aircraft Operations) 'beyond 180 minutes' diversion time.This approval means that when the first FAA-affiliated operators start to take delivery of their A350s in 2017 they will be able to serve new direct non-limiting routings…