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Slippery coating could save maritime industry $40 billion a year

A slippery coating could save the maritime industry billions of dollars by keeping pesky organisms such as mussels and algae off ships. These organisms, which increase fuel consumption by causing frictional drag and are difficult to remove, are estimated to cost the shipping industry $40 billion worldwide each year. A joint research project by Harvard University and Nanyang Technological University (NTU) has found that a special coating can...

Cosco and PSA to launch new berth in S'pore

China's Cosco Shipping Ports is launching a new berth at its joint venture container terminal with PSA in Singapore. The two parties inked a memorandum of understanding yesterday for the berth, which will be Cosco Shipping Ports' third at the Pasir Panjang Terminal. This will raise the handling capacity of the terminal, Cosco-PSA Terminal, to a total of three million twenty-foot equivalent units (TEUs) a year. Cosco Shipping Ports in March...

Delay means less competition for Singapore

A delay in the $45.5 billion project on Carey Island may deal a blow to Malaysia and its maritime ambitions, but it could be a boon for Singapore as a key port in the region. The proposed deep-water port on Carey Island was meant to challenge Singapore's dominant position as South-east Asia's trans-shipment hub. But falling volumes at Malaysia's main Port Klang due to global shipping alliances moving operations to Singapore have caused MMC Corp...

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Asia Pacific Maritime (APM)

Attended by over 15,000 owners, builders, procurers and end-users of industry products, and services, Asia Pacific Maritime (APM) is recognised by industry professionals as the premier shipbuilding & marine, workboat and offshore event in Southeast Asia to expand business connections, raise brand awareness and to launch new market products and... more

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