BEIHAI, July 9 -- Beibu Gulf Port in Chinas Guangxi has seen its cargo throughput rise 5.25 percent year on year in the first quarter of this year, thanks to a new land-sea trade corridor. The Beibu Gulf Port includes the ports of Qinzhou,

Sea shipping freight costs have seen a sharp drop in China since June, resulting in an increase in foreign orders to Chinese traders, the Global Times has learned from industry insiders. Observers pointed out that the steady decline in the

1 July 2022 - The Intelligent Ports and Digital Shipping Development Conference, as one of the core activities of the 17th China International Logistics Week and 20th China International Transportation and Logistics Expo Transport Logistics

Dramatic Changes This years events have been dominated by the Russian invasion of Ukraine, the resulting international sanctions, and the far-reaching consequences for the global economy. For tankers, once the European oil embargo on Russia

Korean Register (KR) has signed a Memorandum of Understanding (MOU) with KLCSM and Samsung Heavy Industries (SHI) to jointly research and approve the application of autonomous navigation systems for mid- to large-sized vessels. The agreemen

On July 7, Nanjing Tanker Corporation released an announcement on pre-increase in its semi-annual performance. It is expected that the net profit attributable to shareholders of listed companies in the first half of the year will be 400 mil

Shipmanagers and owners, assisted by legal and insurance experts, are grappling with the complexities of drafting a clause for SHIPMAN that sets out the responsibilities for administering and surrendering emissions allowances under an Emiss

Shipowners are choosing to bunker in other ports in Asia besides Singapore whenever possible as very low-sulphur fuel oil (VLSFO) prices in the city-state seem comparatively higher, market sources told Argus. VLSFO spot bunkers in Zhoushan

On July 7th, the project contract of four 1,100TEU container ships signed by Wuchang Shipbuilding Industry of CSSC and CA SHIPPING officially came into effect. The 1,100TEU container ship is the third generation of Sino-Japanese shipping co

Explora Journeys, the luxury travel brand of the Cruise Division of MSC Group, and Fincantieri, one of the worlds largest shipbuilding groups, today announced the signing of a memorandum of agreement (MOA) for the construction of an additio

Fleet Management Limited (FLEET) has launched a new integrated ship management unit MaruFleet Management Pte Ltd (MaruFleet) in Singapore in collaboration with MMSL Pte. Ltd. (MMSL), a Singapore subsidiary of Marubeni Corporation (Marubeni)

After two months of watching their production volume drop, marine paint and building material manufacturers in Chinas eastern region are raising both efficiency and output to drive growth and offset losses caused by shipbuilders declining p

Local and international maritime personality Kaushik Roy has been elected vice president of the UKs Nautical Institute. Mr Roys election will be made official at the Institutes annual general meeting Thursday (7 July). His latest profession

It has been reported by several agencies that grain from Ukraine is being loaded in Sevastopol, a major terminal in the province of Crimea, currently controlled by Russia. However, this is difficult to determine as the vessels in the releva

Gordon Brothers, the global advisory, restructuring and investment firm, has acquired the Robyn S accommodation barge from Vanguard Shipping Limited. The firm is managing the disposition of Robyn S, which is available for immediate sale to