Ho Chi Minh operational base to support regional growth and offshore energy projects Ho Chi Minh, Vietnam, 08March 2023: Global shipping and logistics provider GAC Group has partnered with SME Logistics Holding to open its first ever office

Highlights Significant weakening of the underlying supply/demand balance with more downsides than upsides. Freight rates, time charter rates, and second-ship values all under pressure throughout 2023 and 2024. Head-haul and regional trade d

Bergen, Norway, 7 March 2023 StormGeo , a leading provider of weather intelligence and decision-support solutions for the shipping industry and part of Alfa Laval, announced today the launch of a new Carbon Intensity Indicator (CII) Simulat

Recently, SunRui has won 9 FGSS orders in succession from well-known global customers such as Oshima Shipbuilding, Guangzhou Shipyard International and Shanghai Waigaoqiao Shipbuilding, further enhancing the global influence of domestic hig

China and Australia trade amounted to 259.7 billion yuan ($37.47 billion) in January and February, with both imports and exports achieving double-digit growth year-on-year, data from Chinas General Administration of Customs shows on Tuesday

China tops global rankings in the sale of New Electric Vehicles (NEVs) after exporting almost 680,000 new energy vehicles last year, with its NEV production and sales ranking first globally for eight consecutive years. There are over 20,000

A vessel carrying a large volumeof super-large oil equipment pieces departed from Yantai Port in East Chinas Shandong province bound for Kuwait on Feb 24. Yantai Port, with itsprofessional cargo handling capacity and high-quality and effici

COSCO SHIPPING, the worlds top integrated shipping service provider, has been pursuing technology-led development in recent years. In its exploration of shipping digitalization, COSCO SHIPPING focuses on the construction of a digital supply

On 24 February 2023, the one year anniversary of Russias invasion of Ukraine, the US Department of State and the US Department of Treasurys Office of Foreign Assets Control (OFAC) imposed sanctions on numerous additional individuals, entiti

A 62,000 DWT multipurpose pulp vessel built by Cosco Shipping Heavy Industry (CHI) for Cosco Shipping development was named and delivered on March 7. This is the 19th 62,000 DWT multipurpose pulp vessel delivered by Cosco Shipping Heavy Ind

Chinas imports and exports declined slightly by 0.8 percent year-on-year to 6.18 trillion yuan ($890 billion) during the first two months of the year, official customs data showed on Tuesday. Exports increased 0.9 percent from a year earlie

Dubai/Cape Town: In an effort to strengthen its integrator strategy and serve its customers even better, A.P. Moller Maersk (Maersk) has integrated two emerging markets West Central Asia and Africa to form a new combined IMEA region. This n

Hong-Kong headquartered and worlds leading ship management company, and also a major employer of Indian seafarers, Anglo-Eastern Group has launched Anglo-Eastern Women of Sea (AWOS) network on International Womens Day primarily to provide g

The Republic of Panama represented by the Panama Maritime Authority (AMP) signed significant Memorandums of Understanding (MOU) with the Republic of Antigua and Barbuda, regarding the qualifications of Panamanian officers being recognized b

Chinas imports of iron ore in the first two months of 2023 grew 7.3% from the same period a year earlier, customs data showed on Tuesday, as buyers anticipated higher domestic steel demand in after the government lifted tough COVID-19 conta