Shipping – Pakistan & Gulf Economist http://www.pakistaneconomist.com Pakistan's Business Financial Magazine Fri, 16 Nov 2018 12:32:58 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Shipping http://www.pakistaneconomist.com/2018/11/12/shipping-46-18/ http://www.pakistaneconomist.com/2018/11/12/shipping-46-18/#respond Sun, 11 Nov 2018 19:18:13 +0000 http://www.pakistaneconomist.com/?p=22369 South Korea takes top spot in global ship orders South Korean shipbuilders clinched the No. 1 position in new orders worldwide in the first 10 months of the year, outpacing Chinese rivals, according to industry data last Tuesday. According to the data compiled by industry tracker Clarkson Research Institute, local shipyards garnered new orders worth …

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Shipping http://www.pakistaneconomist.com/2018/11/05/shipping-45-18/ http://www.pakistaneconomist.com/2018/11/05/shipping-45-18/#respond Sun, 04 Nov 2018 19:18:04 +0000 http://www.pakistaneconomist.com/?p=22010 Smaller ports pip major ones in cargo traffic growth, share rises to 42 percent Non-major ports are gradually eating into the share of major ports in cargo traffic. Between FY12 and FY18, the share of total cargo traffic held by the non-major ports has risen from 39 percent to 42 percent. In the comparable period, …

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Shipping http://www.pakistaneconomist.com/2018/10/29/shipping-44-18/ http://www.pakistaneconomist.com/2018/10/29/shipping-44-18/#respond Sun, 28 Oct 2018 19:18:11 +0000 http://www.pakistaneconomist.com/?p=21801 Maritime regulator faces growing calls for a gradual rollout of clean-fuel rules International maritime regulators begin a new round of meetings on antipollution efforts last week under pressure from the US and other nations to soften implementation of new rules that could cost the industry billions of dollars and lead to higher prices for businesses …

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Shipping http://www.pakistaneconomist.com/2018/10/22/shipping-43-18/ http://www.pakistaneconomist.com/2018/10/22/shipping-43-18/#respond Sun, 21 Oct 2018 19:18:49 +0000 http://www.pakistaneconomist.com/?p=21595 Strong Asian tanker market in q4 A strong Asian tanker market is expected in the fourth quarter with visible signs of a recovery after being under acute supply pressure for most part of the year, participants said. In the dirty tanker markets, rates are already close to their highest level this year and the uptrend …

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Shipping http://www.pakistaneconomist.com/2018/10/15/shipping-42-18/ http://www.pakistaneconomist.com/2018/10/15/shipping-42-18/#respond Sun, 14 Oct 2018 19:18:24 +0000 http://www.pakistaneconomist.com/?p=21361 US to be big winner of new IMO shipping rules The United States is set to be the big winner from new marine fuel rules, trading house Gunvor Group quoted as saying on Wednesday, while rival merchants said the world would not face a shortage of distillates as a result of new rules to cut …

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Shipping http://www.pakistaneconomist.com/2018/10/08/shipping-41-18/ http://www.pakistaneconomist.com/2018/10/08/shipping-41-18/#respond Sun, 07 Oct 2018 19:18:24 +0000 http://www.pakistaneconomist.com/?p=21140 Asia shipping rates may firm on low-sulphur rules Freight rates in Asia may firm as some ports in the key China market have tightened regulations related to pollution emissions of ships in October. But a slowdown in trading activity for liquid petrochemicals – the bulk of which are aromatics –amid plant turnarounds in the region …

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Shipping http://www.pakistaneconomist.com/2018/10/01/shipping-40-18/ http://www.pakistaneconomist.com/2018/10/01/shipping-40-18/#respond Sun, 30 Sep 2018 19:18:19 +0000 http://www.pakistaneconomist.com/?p=20874 Germany’s commercial shipping fleet shrinks by a third Germany, one of the world’s main maritime players, saw its commercial fleet shrink by a third over the past six years, becoming the biggest loser in a vicious industry slump that has reshaped global shipping. Once the world’s predominant shipping lenders, most German banks have abandoned ship …

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Shipping http://www.pakistaneconomist.com/2018/09/24/shipping-39-18/ http://www.pakistaneconomist.com/2018/09/24/shipping-39-18/#respond Sun, 23 Sep 2018 19:18:36 +0000 http://www.pakistaneconomist.com/?p=20674 Singapore bunker fuel demand likely to rebound Singapore delivered bunker fuel demand is expected to see an uptick in September, compared with August when some shipowners opted to take their bunker fuel at other ports due to fuel quality concerns, market sources quoted as saying last week. August bunker fuel sales in Singapore had dipped …

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Shipping http://www.pakistaneconomist.com/2018/09/17/shipping-38-18/ http://www.pakistaneconomist.com/2018/09/17/shipping-38-18/#respond Sun, 16 Sep 2018 19:18:56 +0000 http://www.pakistaneconomist.com/?p=20460 Shipping rates plunge on fears of trade war impact When US President Donald Trump fired the first salvos in his trade war with China, the market for hauling bulk commodities that power the Asian country’s economy responded with a surprising surge. Now shipowners are losing their swagger. Rates to haul iron ore and coal on …

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Shipping http://www.pakistaneconomist.com/2018/09/10/shipping-37-18/ http://www.pakistaneconomist.com/2018/09/10/shipping-37-18/#respond Sun, 09 Sep 2018 19:18:39 +0000 http://www.pakistaneconomist.com/?p=20188 Tainted shipping fuel sparks calls for tighter quality control A wave of contaminated fuel that has clogged and damaged engines on hundreds of oil tankers and container vessels in the past months has pushed shippers to demand stricter quality controls around the world. The calls are shining a light on the notoriously opaque shipping fuel …

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