Asia – Shipping's Next Harbour
Asia: Shipping's next harbour?
February 2010
Economically, Asia's nations are on the rise to global leadership. How will Asian influence reshape the shipping industry?
The continent has become the focal point for world shipping and although China is the catalyst for much of this, other nations such as Japan are just as influential.
Tom Leander looks at whether the region can sustain this hegemony.
View all articles from latest issue
Interview: Tung Chee-Chen
Governments should shun shipping subsidies and allow the industry to craft a commercial solution.
Interview: NOL's president and chief executive, Ron Widdows
The shipping industry will emerge from the global downturn facing a new, bracing reality. The good news is, that's not all bad.
Asia shipping power map
Asia now outstrips both Europe and North America across a whole range of key metrics, as illustrated on this map.
The Full Series of Future of Shipping includes:
Shipping and the Environment
Shipping will face the glare of world public scrutiny over its sustainability credentials when the post- Kyoto climate change conference gathers in Copenhagen at the end of the year.
Asia – Shipping’s Next Harbour?
Much of the current news focuses on the wear on western shipping. This edition will focus on those companies that have seen the writing on the wall and have embraced Asian growth as a key part of their strategy.
Shipping and Society
As the shipping industry has expanded, so too have perceptions of shipping’s responsibility to society. In key instances, the industry’s global nature and self-regulatory stance has encouraged it to be a target of criticisms and attacks that involve entirely land-based interests.
Shipping and Innovation
Lloyd’s List broadly looks at technological developments, new business models and forecasts of how the industry will operate in the future. This report will offer a broad spectrum of editorial insights into new ways of thinking.
Future of Shipping Markets
With the rise of freight derivatives trading allowing an expansion of trade and commerce and the $125 billion market for dry freight derivatives poised for change, this edition will explore how freight derivatives trading is likely to change, examine the roles of the Baltic Exchange, the clearing houses and the regulators.
40 Under 40
More than other industries, shipping requires a transfer of knowledge and judgement from one generation to the next. That's why so many family businesses survive in shipping, and why dynasties have their place. Working with a team of specially selected editorial advisors, Lloyd’s List will elect and celebrate the most influential young leaders in shipping.
Chinese banks make waves in ship finance
Tight purse strings at traditional leaders of ship finance in the US and Europe...
Q&A - NYK's Masamichi Morooka & Svein Steimler
Two executives from the Japanese giant talk about industry transparency and compare the experiences of China and Japan.
The battle for cruise control
Asia's rising middle class will drive huge gains in the leisure cruise industry.
Note From The Editor
It is commonly stated that more than half of global ship ownership emanates from Asia. Strangely, given this majority position, it's not Asian voices that speak with the most influence, but those from Europe.
Much that enters the public market of ideas about the direction that shipping should take comes from outspoken shipping leaders from Greece to Norway and, on the regulatory side, from the European Union.
In a bow to this extraordinary era, we thought it an excellent time to launch a series to explore what the future holds for shipping.
Yet by and large, voices from the region that encompasses most tonnage and the majority of shipbuilding are somehow comparatively rarely heard. Given that they will drive expected growth in maritime trade, they must have their say about the issues that will dominate our industry in the decades ahead.
Expanded role
We think that image will change. In the pages that follow, we have invited shipping industry leaders from Asia and throughout the world to speak out on some of the issues that will shape Asian and global shipping as we emerge from the shipping crisis and look ahead over the next 10 years.
One thing is certain. Asia will emerge with an expanded role in global shipping, with more outspoken leadership. As Ron Widdows, the chief executive of Singapore's NOL, put it: "Life as we knew it is gone."
Tom Leander, Editor of Lloyd's List
Navigating Asia's top shipping nations
An overview of Asia's nine leading shipping nations and each of their 10 biggest shipping companies, outlining the relative advantages and disadvantages of each market.
Emerging nations offer new manpower options
A line-up of fast-developing Asian countries is stepping in to provide a lower-cost option to China and the Philippines.
Shipping and the Environment
Shipping could be hit twice for climate deal cash
Monday 30 November 2009
Industry concerned as new $10bn shipping emission levy proposal gains support of African states.
The shipping industry is increasingly being seen by government climate change negotiators as a potential cash cow capable of plugging the multi-billion dollar hole in the United Nation's plans to reduce Co2.
There is also growing concern amongst industry negotiators that the industry could end up paying twice thanks to the emergence of a new plan for a $10bn levy on shipping emissions that has won the backing of African states.
View all articles from latest issue
Interview: Dr Anne-marie Warrie
Leading climate change expert Dr Anne-marie Warrie tells Lloyd's List why a good outcome from Copenhagen is essential for shipping
Tomorrow's World
The quest for emission-free shipping by 2030 has sparked investment in new technology
Ship of The Future
The lloyd's List Concept Ship uses both existing technology and systems still under development to provide an idea of what the shipping industry of the future might look like.
The Full Series of Future of Shipping includes:
Shipping and the Environment
Shipping will face the glare of world public scrutiny over its sustainability credentials when the post- Kyoto climate change conference gathers in Copenhagen at the end of the year.
Asia – Shipping’s Next Harbour?
Much of the current news focuses on the wear on western shipping. This edition will focus on those companies that have seen the writing on the wall and have embraced Asian growth as a key part of their strategy.
Shipping and Society
As the shipping industry has expanded, so too have perceptions of shipping’s responsibility to society. In key instances, the industry’s global nature and self-regulatory stance has encouraged it to be a target of criticisms and attacks that involve entirely land-based interests.
Shipping and Innovation
Lloyd’s List broadly looks at technological developments, new business models and forecasts of how the industry will operate in the future. This report will offer a broad spectrum of editorial insights into new ways of thinking.
Future of Shipping Markets
With the rise of freight derivatives trading allowing an expansion of trade and commerce and the $125 billion market for dry freight derivatives poised for change, this edition will explore how freight derivatives trading is likely to change, examine the roles of the Baltic Exchange, the clearing houses and the regulators.
40 Under 40
More than other industries, shipping requires a transfer of knowledge and judgement from one generation to the next. That's why so many family businesses survive in shipping, and why dynasties have their place. Working with a team of specially selected editorial advisors, Lloyd’s List will elect and celebrate the most influential young leaders in shipping.
Copenhagen and the future of green shipping regulation
Whether it is an emissions trading scheme, a bunker levy or a hybrid, shipping...
Q&A - Peter Hinchcliffe
International Chamber of Shiping marine director and leading industry climate change negotiator tells us what the future of shipping looks like to him.
Rewriting the rules of shipping"
Why implementig a new global carbon regime could see changes to the way the industry operates
Note From The Editor
Many in the industry believe that 2010 will be a year that reshapes the industry. We think so, too. Shipping is amid an economic structural change the like of which we've never seen in our lifetime.
Great trends that are altering global politics and economics are changing shipping too.
In a bow to this extraordinary era, we thought it an excellent time to launch a series to explore what the future holds for shipping.
To develop these reports, we asked our team of journalists to take a step back from the day to day events that drive Lloyd's List's daily news agenda and look at the big picture by analysing how the shifting economic, political and social forces around us are transforming the industry.
Tom Leander, Editor of Lloyd's List
IMO targets newbuilding design improvements
The IMO package for reducing shipping’s CO2 – EEDI, SEEMPs decoded and what they mean for the industry.
Crew Training
Crew awareness - all the technological and economic development in the world will amount to nothing without proper crew training.