The unforeseen events of recent years have demonstrated how beneficial it can be for parties to contractually expect the unexpected whether the event is extraordinary weather conditions caused by climate change or a pandemic. To help partie

A serious seafarer recruitment and retention crisis is looming unless governments and ship managers take steps to allow more shore time and improve conditions onboard ships. The release of the 2021 Seafarers Happiness Index today (26 Jan) s

Efforts are underway to develop Shanghai into an LNG bunkering hub to service the large containerships already calling at the port as well as to further enhance Shanghai as a regional hub in Asia. UK-based Avenir LNG announced a long-term c

The much-anticipated Regional Comprehensive Economic Partnership (RCEP) officially came into effect on January 1. Recently, a number of affiliated companies under COSCO SHIPPING Logistics seized the opportunity of RCEP and successfully made

Imports and exports at Ningbo ports in East Chinas Zhejiang province amounted to 2.05 trillion yuan ($315.38 billion) in 2021, up 23.7 percent year-on-year, according to Ningbo Customs. Specifically, exports stood at 1.46 trillion yuan, an

Some of Chinas port cities, which have been at the frontline in fending off the risks of imported COVID-19 cases over the past two years, were again caught in a resurgence of coronavirus cases in recent days. After Khorgas in Northwest Chin

Iron ore futures in top steel producer China jumped more than 3% on Wednesday, underpinned by concerns over supply as traders digested reports of lower import arrivals and shipments departing Australia and Brazil. The most-traded May contra

Antong Holdings released the 2021 annual performance forecast growth announcement. The company expects that the annual net profit in 2021 will be about 1.45 billion yuan to 1.6 billion yuan , an increase of 157 million yuan to 307 million y

DNV has been selected to lead an ammonia bunkering safety study by the Global Centre for Maritime Decarbonisation (GCMD) in Singapore. The pioneeringstudy aims to define a robust set of safety guidelines and operational envelopes that will

Hong Kong-based financial leasing form CSSC (Hong Kong) Shipping will acquire two 6,700 ceu vessels from Norways Gram Car Carriers in a sale and leaseback agreement. In line with details of the transaction, CSSC Shipping will pay US$70m for

Cargo and container throughput at Chinas ports registered stable growth in 2021, data from the Ministry of Transport shows. Last year, cargo throughput at Chinas ports totaled 15.55 billion metric tons, up 6.8 percent year-on-year, accordin

China exported 210,000 tonnes of coal in December, surging 136.5% year on year but falling 19.32% month on month, showed data from the General Administration of Customs on January 24. Export value amounted to $84.54 million in December, sky

The Baltic Exchanges dry bulk sea freight index fell for a 13th straight session on Tuesday, dragged lower by weaker rates across all vessel segments. The overall index, which factors in rates for capesize, panamax and supramax vessels, fel

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

Breakthroughs that Shanghai-based shipbuilders made in December indicate the countrys growing capacity for producing high-end vessels as it strives to become a global shipbuilding power, experts said. Three shipyards in Shanghai recently an