US stocks were mixed at the open Friday, but oil continued to recover from an unprecedented selloff after demand collapsed amid the coronavirus pandemic. Oil rose for the third day in a row, recovering from a historic collapse that saw futu

Port and related logistics businesses in east Chinas Jiangsu Province is surging back to normal now that the novel coronavirus disease (COVID-19) is under control in the country. Despite the fact that the epidemic forced much of China into

The China Ningbo Containerized Freight Index (NCFI) reported a slight increase in freight indices in the Middle East routes. NCFI, a wind vane of Chinas busiest ports freight rates for the international container shipping market, stood at 6

Chinas steel sector was badly hurt by the novel coronavirus outbreak, with production slowing and prices slumping in the first quarter of this year, but analysts expect recovery in Q2 as demand rebounds. Production of rolled steel totaled 2

Recognising that the maritime sector plays a critical role in keeping trade flows open in the global fight against COVID-19, 20 members of the Port Authorities Roundtable (PAR) from Asia, Europe, Middle East and North America came together

1.Six Chinese government units have jointly released a notice to further guide and facilitate Chinese crew changes at domestic ports. 2.China Development Bank Financial Leasing has entered into a contract with New Ocean Shipbuilding in Jian

China Development Bank Leasing has ordered a total of 6 210,000 DWT Newcastlemax bulk carriers at two domestic shipyards, which will be chartered to German energy giant Rheinland Group (RWE). This order from CDB Leasing was received by Shan

On April 23, Tianjin Port Group and Shandong Port Group officially signed the framework agreement on comprehensive strategic cooperation of world-class ports in Qingdao. The two sides will take this opportunity to give full play to their re

President Moon Jae-in on Thursday pledged to spare no effort to help Koreas shipping industry become one of the worlds leaders. He was speaking at the christening of the Algeciras, the worlds largest container vessel to be used by Korean sh

Over the past decade, the developing world economy has allowed for strong growth in shipping activities, with the demand for transport never having been higher. However, the benefits of this growth have been limited due to the industry jeop

Chinas 36th Antarctic expedition concluded on Thursday as the two research icebreakers involved in the mission returned to their home port in Shanghai. The Xuelong, or Snow Dragon, and Xuelong 2 set sail on October 9 and travelled a total o

China is expected to see its weakened demand for steel forge a strong recovery in the second quarter as the countrys infrastructure investment and production resumption gains more momentum, the China Iron and Steel Association (CISA) said W

Benchmark iron ore futures closed higher on Thursday, aided by higher restocking demand as mills ramped up purchases ahead of the Labour Day holidays next week. The most-traded September contract on the Dalian Commodity Exchange jumped as m

Seafarers are no strangers to confinements. At times seafarers stay on board for their entire contract period with little to no possibility of shore leave. With very few crew members on board, the seafarers run a fully functional township m

China on Wednesday launched its second Type 075 amphibious assault ship, only a little more than half a year after the launch of the first one, leading Chinese military experts to say China has mastered mature technologies, prepared related