This aerial photo taken on Dec 13, 2022 shows a cargo ship docking at Ningbo-Zhoushan Port in East Chinas Zhejiang province. [Photo/Xinhua] Chinas total goods imports and exports surged 7.7 percent year-on-year to 42.07 trillion yuan ($6.26

An engineer installs a Starlink flat-panel antenna on a NYK-managed container ship (source: NYK) In December 2022, NYK conducted a trial use of Starlink, a satellite communication service operated by Space Exploration Technologies Corp. (Sp

China will debut the worlds first cruise ship covered by a 5G network later this year, thanks to a collaboration reached between CSSC Carnival Cruise Shipping Ltds own cruise brand Adora Cruises and China Telecom Corp Ltd Shanghai Branch. A

Paris-Tianjin January 12th, 2023. As part of the BGGTianjin Nangang LNG terminal, China Huanqiu Contracting Engineering Co. Ltd (HQCEC) has completed the construction of two Liquefied Natural Gas (LNG) onshore storage tanks, each with a cap

The container throughput volume of north Chinas Tianjin Port exceeded 21 million twenty-foot equivalent units (TEUs) in 2022, with an average annual growth rate of 6.9 percent over the past five years, local authorities said Wednesday. The

The Stamford Eagle is shown here sailing on 100% sustainable biofuel near Sauda in Norways Sandsfjord. U.S.-based dry bulk shipowner Eagle Bulk Shipping on Wednesday revealed it recently tested biofuels as a means to reduce carbon emissions

China on Thursday delivered the worlds first seaborne drone carrier, theZhu Hai Yun, capable of operating on its own. The unmanned carrier can be controlled remotely and navigate autonomously in open water. It will undertake marine scientif

The Baltic Exchange, in collaboration with Freightos, and Vespucci Maritime, have released their container shipping report for January. Their opinion is that in 2023, container market conditions will be drastically different from 2022. A no

Chinese oil and gas giant CNOOC Limited has unveiled its 2023 Business Strategy and Development Plan, which entails ramping up oil and gas production this year by bringing new projects on stream while advancing the transition to low-carbon

Inflation and increasing distances to transport oil arising from sanctions on Russian barrels could contribute to a doubling of freight costs in 2023, Rustin Edwards, head of fuel procurement at tanker firm Euronav NV, said at an industry e

Ryan Petersen, chief executive officer of Flexport, participates in a panel discussion during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Wednesday, May 4, 2022. KEY POINTS Supply chain software startup Fle

Chinese New Year fails to bring joy for carriers, as blank sailings soar In a stark display of the weak demand undermining the containerized ocean freight industry, the latest data from Xeneta reveals carriers blankedmore than sixtimes the

In 2022, the new shipbuilding market of LNG carriers in the world presents an unprecedented blowout trend. CSSC has made a major breakthrough in the undertaking of large-scale LNG carriers, which will become the biggest highlight of the hig

At around 1505 on January 10, an empty tanker HONGPU 6 exploded and caught fire at 35.22.6N, 120.44.2E in Yellow Sea, trapping 17 crews on board. Fifteen have been rescued and two are missing , understood to be an AB and a MTM . The tanker

Weak economic activity, a 10.5% increase in domestic coal mining, and a recovery in coal imports from Mongolia via rail alleviated coal shipments to China in 2022. However, the end of Chinas zero Covid policy and an anticipated recovery of