Iron ore prices continue to rise and are currently at their highest level since 2010 on the back of strong Chinese demand and restricted supply. Increasing consumption and falling domestic production in China pushed the price of 65% Fe Braz

On August 17, 2018, the naming ceremony of the sixth ship OKOLCHITSA, a 45000DWT bulk carrier built by Yangzijiang Shipbuilding for Bulgarian owner Navigation Maritime Bulgare (NAVIBULGAR) was held at New Yangzi Shipyard. The ship OKOLCHITS

CSSC (Hong Kong) Shipping Company released its interim results for 2020, showing that the groups total earnings and other revenues during the period were RMB1.027bn, down 9.5% from the same period last year. Operating profit was 430 million

1.An increase in Chinese purchases of U.S. LNG offered a welcome development for U.S. exporters hit by a wave of cargo cancellations. 2.STI AMBER cruised smoothly out of the Huarun Dadong Dockyard in Shanghai, China, marking the 100th succe

An increase in Chinese purchases of U.S. LNG offered a welcome development for U.S. exporters hit by a wave of cargo cancellations during the coronavirus pandemic this summer, but it might not be enough as top Chinese and U.S. trade officia

A total of 96 vessels carrying 14.81 million mt of iron ore arrived at major Chinese ports during August 9-15, SMM estimates. This was up 2.16 million mt from the prior week and 410,000 mt from the same period last year. The amount of arriv

On the morning of August 14, a delegation headed by Chairman of Dongfeng Motor Group Mr. Zhu Yanfeng visited COSCO SHIPPING and held talks with Chairman of COSCO SHIPPING Capt. Xu Lirong. During the meeting, the two sides introduced the wor

The Baltic Exchanges main sea freight index fell from a four-week high on Tuesday pressured by lower capesize and panamax vessel rates. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for

Tianjin Port saw cargo throughput rise 4 percent year-on-year to 251 million tons in the first seven months of this year, according to the Tianjin Port (Group) Company. The container throughput of the northern Chinese port surpassed 10.29 m

At 8:00am on August 10, 2020, STI AMBER, an oil and chemical tanker, cruised smoothly out of the Huarun Dadong Dockyard in Shanghai, China, marking the 100th successful installation of a Pacific Green Technologies (PGTK) marine gas scrubber

As temporary measure - and to guard against the spread of COVID-19 - the Oil Companies International Marine Forum (OCIMF) is now providing a remote inspection option as an additional tool within its Ship Inspection Report (SIRE) programme.

Software solutions provider Softship has launched an innovative, web-based Pricing Calculator that allows supply chain managers and operators to identify and select optimum end-to-end multi-modal solutions for their customers and achieve fu

Intelligent Cargo Systems and German shipping company Hapag-Lloyd have today announced they are entering into a technology partnership. Intelligent Cargo Systems fleet performance platform CargoMate provides carriers with real-time port cal

On the evening of August 16, Xiamen Port announced that Fujian Port Group was going to be established. Xiamen Port Group was incorporated into the Provincial Port Group as a wholly-owned subsidiary of the Provincial Port Group, which means

Wanhais performance in Q2 was brilliant Taiwans Wan Hai Lines doubled its profit in the second quarter, helped by capacity management measures and low oil prices. Wan Hai Lines recently announced its second quarter financial results, the co