Tag: Thailand

11 Chinese were killed and two remain missing after their boats were attacked in the Mekong River China's Foreign Ministry confirmed Sunday that 11 Chinese were killed and two remain missing after their boats were attacked in the Mekong River four days ago.Two cargo ships, the Hua Ping and Yu Xing 8, were attacked in the golden triangle area of the Mekong River on Oct. 5, the ministry said in a statement on its website.Among the six Chinese on the Hua Ping, five were found dead and one was missing. Among the seven Chinese on the Yu Xing 8, six were killed and one was missing, according to the statement.The ministry said it has asked Chinese embassy in Thailand and consulate general in Chiang Mai to investigate the incident immediately and spare no efforts to search for the missing.It has also asked "relevant countries" to take effective measures to improve the protection of Chinese ships and sailors in the Mekong River, according to the statement.The ministry said leaders of the Communist Party of China Central Committee and the State Council are paying close attention to the matter.The ministry urged the "relevant countries" to immediately to look into the incident, determine ...

We continue to expect risks to all three core shipping sectors Globally, we continue to expect risks to all three core shipping sectors (container, dry and liquid bulk), with overcapacity and a drop in demand continually threatening to reduce rates and impinge on profits.As austerity measures take hold in Europe and the US continues to have high unemployment and recover sluggishly from the downturn, shipping levels may slow their growth considerably.We currently project that Thailand´s ports will grow susbstantially over the medium term, outpacing our current total trade real growth forecast. This will be aided by planned expansions among the country´s shipping lines.Headline Industry Data- 2011 Port of Bangkok tonnage throughput growth forecast 5.4%, and to average 4.4% per annum to 2015. - 2011 Port of Laem Chabang tonnage throughput growth forecast 8.1%, and to average 6.6% per annum to 2015. - 2011 Port of Laem Chabang container throughput growth forecast 8%, and to average 6.6% per annum to 2015. - 2011 total trade real growth forecast 2.7%, and to average 5% over the medium term. Key Industry TrendsRCL Introduces And Expands Its servicesThailand-based shipping company Regional Container Lines (RCL) introduced a new Asian container shipping service on March 1 ...