Shipbuilding Giant CSSC ( China State Shipbuilding Corporation ) will move its headquarters in Beijing to Shanghai. On August 24, the Shanghai Municipal Peoples Government and CSSC signed a cooperation agreement. According to the agreement,

The navigation environment is complex in Chinese coastal waters where traditional fishing areas for fishing vessels often overlap with seaways. In fishing seasons, collisions between merchant vessels and fishing vessels occur from time to t

Solid demand across dry bulk vessels segments propelled the Baltic Exchanges main sea freight index to its highest level in more than a decade on Tuesday, with larger capesizes stretching a winning streak to a 10th straight day. The overall

Against a backdrop of rising customer expectations, environmental standards and competition between brands, cruise ship interior design is becoming ever-more precise in its requirements for materials, textures, colours and patterns. To cont

After the market closed, CMES Shipping disclosed the performance for the first half of 2021 on Shanghai Stock Exchanges website. According to the Companys semi-annual report, affected by both the severe depression of the tanker market and t

The spot price of liquefied natural gas (LNG) in Asia is usually at a seasonal low in August in what is historically the shoulder season between summer and winter peak demand. That the price of spot cargoes LNG-AS is at the highest for this

Iron ores rapid retreat in recent weeks shows once again that price pullbacks can be as disorderly as the exuberance of rallies, before the fundamentals of supply and demand reassert themselves. Depending on which price for the steel-making

According to the superior notice, Meishan Comprehensive Bonded Zone lifted the lockdown on the morning of August 25. Earlier, a person with a positive nucleic acid test was confirmed at Ningbo Meidong Container Terminal. Starting from 3:30

In the first quarter of 2024, A.P. Moller - Maersk will introduce the first in a groundbreaking series of 8 large ocean-going container vessels capable of being operated on carbon neutral methanol. The vessels will be built by Hyundai Heavy

A decline in shipments of west African crude to Chinahas pushed freight rates for very large crude carriers (VLCCs) on the route to record lows this summer. Rates averaged $10.28/t in June, $10.41/t in July and $10.04/t in August to date, t

When the coronavirus pandemic struck in early 2020, international shipping was dealt a harsh blow. The container shipping industry was left scrambling as businesses around the world were forced to close, causing major supply chain issues. T

Seafarers working for HMM are reportedly planning to stage a mass demonstration on August 25 in response to failed contract negotiations. According to reports in the Korean media, more than 400 seafarers are expected to submit their resigna

COVID-19 outbreaks at ports in China and Vietnamwill likelyreducecontaineravailabilityanddrive-uppricesat key shipping hubs in the coming weeks, according to the latest data analysis byContainerxChange,the worlds leading online platform for

Contributes to developing bill draft and Inland Vessel (IV) Rules International ship classification society, Indian Register of Shipping (IRClass) has played an integral role in the drafting of the Inland Vessels Bill which was recently pas

During January-August 2021, a total of eight incidents of armed robbery against ships occurred at Manila Anchorage areas in the Philippines. The location of all the eight incidents is atSouth Harbour Anchorage Area of Manila(location map on