Sembcorp Marine Ltd reported a net loss of S$143 million for the six months ended 30 June 2022. This was a significant improvement from the S$647 million loss reported in 1H2021. Strong Execution and Delivery of Projects 1. The Group starte

COSCO SHIPPING Development recently received an award certificate from the organizer of the BRICS Solutions for Sustainable Development Goals Awards. The First Public Sanitation Pilot Project of the UN Global Compact Belt and Road Initiativ

China Association for Listed Companies (CAPCO) recently announced 101 models of digital transition for listed companies in China, among which COSCO SHIPPING Technologys project New Digital Infrastructure for Shipping Industry CHUAN SHI BAO

In a move to further enhance trade ties between China and other member markets within the Regional Comprehensive Economic Partnership agreement, Shandong Port Group－a major port operator based in East China－has launched more routes link

Transportand logistics in China continued to expand on Saturday, asportcontainer throughput grew 6.3 percent from the previous month, and rail freight transportservices were operating at a high level, according to a release by the logistics

Transportation demand has not recovered, and the composite index continued to fall Ningbo Containerized Freight Index: In the week ending Aug-5, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 2912

The Baltic Exchanges main sea freight index fell to a fresh six-month low on Friday and posted its fourth consecutive weekly decline as rates slid across vessel segments. The overall index, which factors in rates for capesize, panamax and s

Turbulent Takeoff This summer travel season has been marked by widespread flight cancellations, airport chaos and lost luggage. Amidst this disruption, the European jet fuel market is going through an interesting period given higher demand

The World Health Organisation (WHO) has determined that the outbreak of Monkeypox in more than 75 countries constitutes a Public Health Emergency of International Concern. The Emergency Committee Report and temporary recommendations are ava

Recently, Northern Navigation Service Center, Maritime Safety Administration, Peoples Republic Of China successfully set up 11 virtual AIS navigation marks in the public navigation route from Yantai Port to Weihai Port, which is the first d

On August 10, the Hydrogen Energy Industry Development Plan of Liaoning Province (2021-2025) was released. It is mentioned in the Development Plan that by 2025, fuel cell ships and other industries will achieve breakthroughs, and the total

On August 11, Dalian Shipbuilding Industry, a subsidiary of CSSC, held a christening ceremony for the 85,000 DWT bulk carrier No. 13 built by DSIC Shanhaiguan Shipbuilding for Shandong Huachen Financial Leasing. The ship was christened TRAN

On August 10, 2022, the online Delivery Ceremony of M/V SITC CHUNMING was successfully held by SITC International Holdings Co., Ltd. (SITC) and YANGZIJIANG Shipbuilding Group Ltd (YANGZIJIANG Shipbuilding Group). During the building of SITC

The current Administration of the Panama Maritime Authority responsible for the Ship Registry, began its management in July 2019, when the situation of the Registry, according to Clarkson Research, presented a growth in negative numbers (-2

Yang Ming Marine Transport Corporation (Yang Ming) held the 376th Board Meeting earlier today to approve and pass its financial report for the first half of 2022. The consolidated revenues in Q2 stood at NT$ 109.45 billion (US$ 3,809.52 mil