Maersk and IBM to Form Joint Venture Applying Blockchain to Improve Global Trade and Digitize Supply Chains COPENHAGEN, DENMARK and ARMONK, NY - 16 January 2018: A.P. Moller - Maersk (MAERSKb.CO) and IBM (NYSE: IBM) today announced their in

Hong Kong-listed China Merchants Port Holdings Co said it handled a total container throughput of 102.93 million 20-foot equivalent units (TEUs) in its port businesses last year, up 7.5 percent from 2016.

China on Monday expressed condolences to the families of the crew of sunken oil tanker Sanchi, saying it will help Iran deal with the aftermath of the accident.

COSCO Shipping International Announced New Chairman Appointment COSCO Shipping International stated yesterday: The board of directors of COSCO SHIPPING International (Hong Kong) Co., Ltd. announced that Mr. Wang Yuhang had been appointed as

News Bulletins on January 16, 2018 1. Yangzijiang Shipbuilding Delivered and Named 3800 TEU container ship CHARLOTTE. The delivery and signing ceremony was held on Jan 15 2018 and the ship was built for Germany shipowner PD. 2. During nearl

In 2017, the throughput of Tangshan Port reached 573.2 million tonnes, growing 10.12 percent year on year.

New Vessels Named and Delivered by COSCO SHIPPING Heavy Industry in the First Week of 2018 COSCO SHIPPING Heavy Industry made a good start by successfully delivering four new vessels in the first week of 2018. COSCO Shipping published on th

Hong Kong Port reclaims fifth busiest port place in 2017 The Port of Hong Kong has reclaimed its place as the fifth busiest container port in the world at the end of 2017. In 2016, the port had slipped to 6thposition behind Busan Port when

SANCHI Sent an Email Yesterday Source: NITC, a friend of SANCHI all crews sent this letter to Xinde Marine News SANCHI The Panama flag tanker SANCHI collided with Hongkong flag bulker CFCRYSTALon Beijing time 20:00 Jan 6, 2018 from 160 mile

On the open water of the South China Sea, a drill sinks through the mounting pressure of the cold sea water, finally penetrating the hard seabed to reach the gas hidden beneath the scalding rock formations.

Five Global Shipping Trends to Watch in 2018 by Sri Laxmana Overall, 2017 was a good year for the ocean shipping industry. Operating margins for most carriers improved, driven by robust demand, positive inventory developments and higher rat

Is 2018 to be Welcomed or Worried About? By Mark ONeil Is 2018 to be welcomed or worried about? It is more of a question of anticipating, understanding and dealing with the challenges that may face the shipping industry over the next 12 mon

The State Council has decided to adjust some laws and regulations adapted to China’s Free Trade Zones (FTZs), in a bid to better implement the opening-up and reform policies in the zones.

Qinhuangdao port, a barometer of China's coastal thermal coal market, handled 237.7 million tonnes of cargoes in 2017, a year-on-year climb of 32.32%, said Qinhuangdao Port Co., Ltd on January 9.

CNPC Southeast Asia Pipeline Co Ltd, a subsidiary of China National Petroleum Corp, the country's biggest oil producer, is actively looking for new gas sources to ensure sufficient natural gas supply for the China-Myanmar gas pipeline.