southeast Asia

China’s Plans for Southeast Asia Amid US Tensions: No Concrete Developments Yet

Since December 2024, with the realization that US President Donald Trump is likely to pursue an aggressive trade war strategy in his second term, China has been intensifying its economic and strategic activities in Southeast Asia.

Trump’s trade war rhetoric, including threats of 60% tariffs on Chinese goods, has prompted Beijing to accelerate its “Maritime Silk Road” initiative under the Belt and Road Initiative (BRI).

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https://container-news.com/china-plans-for-southeast-asia-amid-us-tensions/

Southeast Asian countries can reach net zero by mid-century, Wärtsilä scenario shows

Renewable-based power systems, backed by grid balancing engines and energy storage, can enable Southeast Asian countries to reach net zero by mid-century whilst cutting the levelised cost of electricity (LCOE) by over 20%, when taking into account likely future carbon taxes, according to technology...

https://www.offshore-energy.biz/southeast-asian-countries-can-reach-net-zero-by-mid-century-wartsila-scenario-shows/

Haulio ‘uplifting industry’ in Southeast Asia with digital solutions

In the last few years and since the COVID-19 pandemic, companies within the trucking industry found themselves pivoting and, in some cases, scrambling to combat challenges in staffing, management and delivery.

While some companies are embracing the pivot, others are still using more traditional methods of conducting business and remaining isolated within their own silos. This has created a highly fragmented logistics industry.

Amid these fragments and silos, Singapore-based Haulio is looking to...

https://www.freightwaves.com/news/haulio-uplifting-industry-in-southeast-asia-with-digital-solutions

CMA CGM to halt overseas transport of plastic waste

CMA CGM Group committed to stop transporting plastic waste overseas starting in June.

During the One Ocean Summit last week, container shipping company CMA CGM committed to stop transporting plastic waste overseas beginning in June. 

The Marseille, France-based company shipped approximately 50,000 twenty-foot equivalent units of plastic waste from developed countries to Southeast Asia in 2021, CMA CGM Group told FreightWaves. That adds up to about 500,000 tons of plastic waste sent to countries that didn’t produce it.

Though many companies that produce and use single-use plastic...

https://www.freightwaves.com/news/cma-cgm-to-halt-overseas-transport-of-plastic-waste

SE Asia drydocking capacity to drop by 25%

SE Asia drydocking capacity to drop by 25%

STRICT COVID MEASURES COULD RESTRICT SOUTHEAST ASIA DRYDOCKING CAPACITY

High freight rates and ongoing workforce limitations due to travel restrictions and Covid-19 measures are expected to result in Southeast Asia’s ship repair capacity falling by more than 25% compared to pre-pandemic levels, according to Nippon Paint Marine.

In 2019, a total of 516 vessels totalling 28mdwt drydocked at Singapore shipyards for paint jobs, but numbers dwindled to 296...

https://allaboutshipping.co.uk/2022/02/04/se-asia-drydocking-capacity-to-drop-by-25/

Container Freight Rates Positive From North Asia to North America

  • Spot container freight rates from North Asia to North America have surpassed those from Southeast Asia to North America in an atypical market situation.
  • For the last several months, prices from Southeast Asia to North America have been higher than those from North Asia.
  • For a variety of reasons including decreased container availability and severe congestion issues at key transshipment ports in Southeast Asia.

A Platts news source by Parisha Tyagi, Baoying Ng and David Lademan brings to light...

https://mfame.guru/container-freight-rates-positive-from-north-asia-to-north-america/

Southeast Asia LPG Buyers Brace For Lower Contract Prices

LPG buyers in Southeast Asia are bracing for lower Saudi Contract Prices, says an article published in SPGlobal.

Saudi Contract Prices for propane and butane
  • Saudi Aramco announced May term CPs by April 30, traders’ initial expectations for propane ranged between $460/mt and $500/mt, and butane $20-$30/mt below that.
  • Saudi April propane CPs were set at $560/mt the first drop after nine-straight months of increases, while butane was at $530/mt, down after eight consecutive rises.
  • Saudi May CP...

https://mfame.guru/southeast-asia-lpg-buyers-brace-for-lower-prices/

Asean box trade with the US growing faster than China’s as sourcing shifts

South-east Asia’s container trade with the US is growing faster than China’s, highlighting the region’s shifting sourcing patterns.
According to the Japan Maritime Center (JMC), the share of US container imports originating in Asean broke through 20% for the first time last year – while China’s share declined for the second successive year.
Asean volumes were up 16.1% to 4m teu, bringing the region’s total share to 21.9%, while volumes originating in …

The post Asean box trade with the US...

https://theloadstar.com/asean-box-trade-with-the-us-growing-faster-than-chinas-as-sourcing-shifts/

Southeast Asia Detects New COVID-19 Mutated Viral Strain

  • Southeast Asia is facing a strain of the new coronavirus.
  • The strain, earlier seen in other parts of the world and is called D614G.
  • It was discovered in a Malaysian cluster of 45 cases causing a resurgence.
  • The Philippines detected the strain among random Covid-19 samples in its capital.
  • The new viral strain has a higher possibility of transmission or infectiousness.
  • Questions are arising whether new vaccines are effective against these new strains.

According to an article published in...

https://mfame.guru/southeast-asia-detects-new-covid-19-mutated-viral-strain/

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