Business

Arauco Credits The Chilean company Arauco announced an investment of R$2 billion in the construction of a port terminal on the right bank of the Port of Santos, in the Alemoa neighborhood. The project is part of a broad logistical plan worth R$4.4 billion aimed at transporting cellulose production from the company’s future factory in […]

Markets ‘We are going to hit them extremely hard over the next 2 to 3 weeks,’ Trump warns Iran In a televised speech on April 1, U.S. President Donald Trump said the war in Iran is nearing its end and that the flow of energy in the Middle East will return to normal soon. (Nikkei montage/Source […]

Hello, this is Kenji in Tokyo presenting the #techAsia newsletter. This week marks the seventh anniversary of our newsletter launch on April 3, 2019, when it was called “Tech Scroll Asia.” Being part of this project from the preparation stage, I would like to express my heartfelt gratitude to all our readers who have followed […]

Transportation Flag carrier says oil hedging cannot fully offset impact as Iran war continues A Malaysia Airlines plane at Kuching International Airport in Malaysia. The national carrier says it has seen spillover demand as disruptions to Middle East carriers push passengers onto alternative routes. (Photo by Norman Goh) KUALA LUMPUR — Malaysia Aviation Group, parent […]

India’s Goa Shipyard (GSL) has launched a new offshore patrol vessel (OPV) ordered by the Indian Navy.The future INS Shachi is also the lead ship of a similarly named class of 11 OPVs. GSL will build seven of the ships while Garden Reach Shipbuilders and Engineers (GRSE) will be responsible for the remaining four.GRSE laid […]

The 19th Asia Pacific Maritime (APM) conference held its largest-ever edition in Singapore last week, welcoming 19,431 attendees, alongside more than 819 exhibitors from 41 regions and countries, including 20 pavilions, and 112 speakers from across the globe.Amid the turnout, APM saw a significant number of announcements, covering product launches and the establishment of partnerships.”The […]

Belle Chasse, Louisiana-based shipbuilder C&C Marine and Repair has handed over a new bunkering barge to Colonial Towing.CTOW 330 is a double-hull tank barge designed for bunkering services and built to support modern fuel handling requirements across lakes, bays, and sounds.Measuring approximately 297 by 54 by 16 feet (90.5 by 16 by 4.9 metres), CTOW […]

Norwegian Cruise Line (NCL) has formally named the newest ship to join its fleet.The Lloyd’s Register-classed, Fincantieri-built Norwegian Luna is the second ship in a series to be ordered by NCL from the same builder. Norwegian Aqua, the first ship in the series, was handed over in 2025.The newbuild measures 1,056 feet (321.8 metres) in […]

The Indian Coast Guard took delivery of a new fast patrol vessel in a ceremony on Tuesday, March 31.Like her Adamya-class sisters, the future ICGS Achal has a length of 52 metres, a beam of eight metres, a draught of just under 2.5 metres, a displacement of 320 tonnes, and a CRN 91 30mm naval […]

SAL Heavy Lift has taken delivery of a new heavy lift vessel built by Wuhu Shipyard in China.The DNV-classed Frida is the second in a new series of five vessels that SAL will use for transporting various types of cargo including project cargo such as offshore wind turbines. Elise, the first ship in the series, […]