• Is ordering new ships the best way forward for South Korea? The South Korean announcement about prospective newbuilding orders for up to 200 vessels at South Korean shipyards is very intriguing, and one may certainly speculate about the motivation for such a move. It is fair to say that Korea has gone through a challenging period of late – both in the shipping and political arena. […] Martin P. Rowe 0 Comments May 3, 2018
  • No bankruptcy protection for Hanjin in UAE There has been much confusion regarding Hanjin’s legal position following its application for bankruptcy protection lodged with a South Korean Court. As Hanjin’s major assets, namely its ships, are stranded at ports around the world, International law firm Clyde & Co compiled a report highlighting how international courts have interpreted the bankruptcy protection order based […] Fwd News 0 Comments October 19, 2016
  • New era dawns for floating airports The idea of landing an aircraft on a runway floating on the sea would make even seasoned pilots feel queasy; and for most frequent flyers, there is palpable sense of relief once the aircraft tyres hit the runway and they arrive safely on terra firma. However, a mothballed project called Mega Float is now stirring […] Fwd News 0 Comments September 14, 2016
  • China driving growth in APAC e-commerce sector China’s booming economy drove the largest number of online transactions (55%) in the Asia-Pacific region, and nearly half of Chinese consumers (49%) increased their online spend during the 2015 Christmas shopping season. From November to December 2015, Chinese online shoppers spent an estimated US$150 billion in total and the average expenditure reached some US$209.87 million […] Fwd News 0 Comments January 24, 2016