Asian Surveying & Mapping
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SLA launches OneMap3D; signs MOUs with PropNex, Ninja Van and Kabam to further the use of OneMap
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Singapore Geospatial Festival 2021
Virtual line-up of geospatial interest and capabilities, knowledge-seeding by...
ISRO Invites Applications from Students for Two-week Free Online Course on Remote Sensing and GIS Technology
ISRO, through its centre the Indian Institute of Remote...
Rajnath Singh unveils South Asia’s largest Genomics research centre in Hyderabad
Hyderabad: Nucleome on Thursday unveiled South Asia’s largest and most...
New satellite system could improve Australia’s water quality management
An analysis carried out by the University of New...
China launches twin satellites capable of creating 3D maps in space
China has been busy in 2021 as it ramps...
Egyptian Space Agency says Egypt to launch 4 satellites in 2022
Chief Executive Officer of the Egyptian Space Agency Mohamed...
Government launches new portal to facilitate geospatial planning of MGNREGA assets
The portal will serve as a repository of assets...

January 26th, 2012
Freighter Oversupply Weighs on Shipowners and Banks

The skyscrapers and immaculate beaches of this seaport look out on one of the world’s largest parking lots: mile after mile of empty cargo ships, as far as the eye can see.  Similar fleets bob at anchor, with empty cargo holds, off the coasts of southeast Malaysia and Hong Kong. And dozens of newly built ships float empty near the giant shipyards of South Korea and China, their owners from all over the world reluctant to accept delivery during one of the worst markets ever for the global shipping industry. Read More