Cichen Shen

APAC Editor at Lloyd's List

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Articles

US-blocked VLCC Jaya skirts sanctions with scrapped ship masquerade

2 days ago | lloydslist.com | Cichen Shen |Tomer Raanan

Analysis Sanctioned VLCC Jaya evaded detection by repeatedly changing its name and MMSI numbers, adopting the identity of a scrapped ship and spoofing AIS/GNSS data — enabling it to covertly transport Iranian oil to China despite tightening US sanctions and global surveillance A subscription is required to continue reading this content. Are you a subscriber? Sign in to continue reading. If content does not display, please refresh your browser.
Rates surge on US-China truce but capacity clouds outlook

5 days ago | lloydslist.com | Cichen Shen

Analysis After last week’s surge in freight indices, market optimism has grown. Analysts predict the strong momentum could continue into the summer peak season, but the rapid increase in transpacific capacity may suppress further rate hikes A subscription is required to continue reading this content. Are you a subscriber? Sign in to continue reading. If content does not display, please refresh your browser. New to Lloyd's List?
Chinese ship lessors push for mortgage lending approval to weather US port fee storm

6 days ago | lloydslist.com | Cichen Shen

News Facing mounting pressure from new US port fees, Chinese ship leasing companies — now major players in global ship finance — are scrambling for ways to shed the ‘Chinese shipowner’ label FREE TO READ Source: Sunday Stock - stock.adobe.com CHINESE leasing houses, now a major force in global ship finance, are urgently requesting Beijing’s approval to provide mortgage lending in a bid to withstand escalating fallout from US-China tensions. Lessors are asking regulators to permit the...
IMO deal shines light on bumpy road to 2050: ClassNK chief

1 week ago | lloydslist.com | Cichen Shen

Interviews ClassNK’s Suga says the IMO’s draft net-zero framework has pointed to a clearer direction toward decarbonising shipping by 2050, but success will depend on overcoming regulatory uncertainties, adopting a mix of alternative fuels A subscription is required to continue reading this content. Are you a subscriber? Sign in to continue reading. If content does not display, please refresh your browser. New to Lloyd's List?
US port fees force MOL rethink on China LNG carrier orders

1 week ago | lloydslist.com | Cichen Shen

News MOL’s cautious stance on shipyard selection highlights how escalating US-China power struggle and geopolitical tensions are increasingly disrupting strategic decisions in the global shipping industry A subscription is required to continue reading this content. Are you a subscriber? Sign in to continue reading. If content does not display, please refresh your browser. New to Lloyd's List?
Cosco hopes US-China talks can defuse looming port fee crisis

1 week ago | lloydslist.com | Cichen Shen

News Cosco chairman hints that ongoing China-US trade talks may help resolve the challenge of steep new US port fees targeting Chinese maritime, as the company and industry peers explore strategies to mitigate costs and maintain service amid rising geopolitical tensions A subscription is required to continue reading this content. Are you a subscriber? Sign in to continue reading. If content does not display, please refresh your browser. New to Lloyd's List?
Japan shipbuilding eyes US port fee windfall, but capacity limits curb gains

2 weeks ago | lloydslist.com | Cichen Shen

News As US port fees disrupt Chinese shipyards, Japan could see a strategic opening to revive its shipbuilding industry, but capacity constraints are limiting upside A subscription is required to continue reading this content. Are you a subscriber? Sign in to continue reading. If content does not display, please refresh your browser. New to Lloyd's List?
MOL holds line on decarbonisation goals in slowing green transition

2 weeks ago | lloydslist.com | Cichen Shen

Interviews MOL reaffirms its decarbonisation strategy amid slowing global green transition efforts, highlighting the need for stronger policy support and fuel availability A subscription is required to continue reading this content. Are you a subscriber? Sign in to continue reading. If content does not display, please refresh your browser. New to Lloyd's List?
Carriers rush to reposition ships as trade truce fuels transpacific boom

2 weeks ago | lloydslist.com | Cichen Shen

News Carriers are rapidly redeploying ships and reviving transpacific services between China and the US as the tariff truce triggers a surge in trade volumes and freight rates, creating what analysts call a ‘perfect storm’ for the container shipping market A subscription is required to continue reading this content. Are you a subscriber? Sign in to continue reading. If content does not display, please refresh your browser. New to Lloyd's List?
LNG shipping: outlook mired by vessel glut and China demand woes despite US-China trade truce

3 weeks ago | lloydslist.com | Cichen Shen

Analysis Despite easing China-US trade tensions, the LNG shipping market remains under pressure as weak Chinese demand, Beijing’s ongoing tariffs on US cargoes and a wave of new vessel deliveries continue to weigh on freight rates and tonne-mile demand, with any meaningful recovery unlikely before 2027 A subscription is required to continue reading this content. Are you a subscriber? Sign in to continue reading.