China plays a crucial role in assisting the global economy in overcoming current economic challenges and achieving higher growth rates, an Egyptian economist has said. The Chinese economy is always working on finding structural development

In the recently published results of a safety campaign by International Maritime Pilots Association (IMPA) it is noted that as withprevious years the 2022 safety campaign highlights persistent non-compliance. IMPA considers that the require

Chinas auto exports continued to maintain a good momentum as auto companies exported over 300,000 vehicles in January alone, an increase of over 30 percent year on year, of which new energy vehicles increased by over 48 percent year on year

The Baltic Exchanges main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to a one-week high on Monday as capesize vessels segment logged its biggest single-day gain since mid-December. The overall index, whi

The Importance of Coral Reef Ecosystems Coral reefs support a large diversity of marine life and hold enormous ecological, economic, and cultural value to hundreds of millions of people around the world, providing valuable ecosystem service

2023 could see the most anticipated recession in history: Soaring inflation, aggressive rate hikes and the rising cost of living continue to cause demand destruction and could tip the world economy into a recession in 2023. There is a stron

Genoa, 13 February 2023- RINA, the international classification society, has today announced the signing of a Memorandum of Understanding (MoU) with ABB. The MoU focuses on establishing a collaborative relationship with the aim to develop n

13 February 2023 (LONDON)-Oil Companies International Marine Forum (OCIMF) and the inland navigation sector with the support of the Central Commission for the Navigation of the Rhine (CCNR) have collaborated with other European organisation

The Board of Directors of Orient Overseas (International) Limited has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line on a quarterly basis. This announcement sets out the unaudited operational

Capesize It has been a relatively quiet week, with a mild degree of adjustments from both basins. The average of the 5 Capesize timecharter routes eventually broke the $4,000 threshold on the last day of the week, pricing at $4,033, which i

Research into the availability and preparedness of future low- and zero- carbon marine fuels and technology is being conducted as part of a new project. The decarbonization of international shipping is a priority for IMO and by mid-2023, th

Recently, the first batch of polycarbonate made by SINOPEC SABIC Tianjin Petrochemical Co. Ltd. (SSTPC) was containerized and shipped by PANASIA Shipping, a subsidiary of COSCO SHIPPING Lines, from Tianjin Xingang. It was the first time tha

Shandong Port Group (SPG) held a ceremony for the start, resumption and operation of 48 key construction projects in Rizhao city on Feb 6. Projects serve asmajorpropellers of port transformation andarethe cornerstoneforboosting the high-qua

Growing international demand for local electric car models sees export numbers surge Chinese carmakers are seeing their popularity rise in overseas markets, which may push the countrys vehicle exports to a new high this year following a sur

The Lujiazui Financial City Council in Shanghai, China, and the Association of Banking and Financial Executives of Hellenic Shipping signed a strategic cooperation agreement on shipping finance during an online event held on Friday. Under t