The 13th Meeting of the 7th Board of Directors of China State Shipbuilding Corporation was held on June 3, 2020. After voting, the meeting deliberated and adopted the plan on adjusting the composition of the 7th board of directors of CSSC:

The container spot freight rates from China East Main ports to US West Coast ports rose to USD 1,837 per FEU on 1 June 2020, a 5% increase from the previous week. The rise marks a positive development despite the Covid-19 crisis which is ex

The way many national governments have neglected seafarers distress during the COVID-19 pandemic, by obstructing crew changes for months on end, will not be forgotten. But most responsible ship management companies have fought hard to get c

Chinas comprehensive import price index for liquefied natural gas (LNG) went up last week, according to the Shanghai Petroleum and Natural Gas Exchange (SHPGX). The LNG index, not including tax, came in at 2,586 yuan ($364.16) per ton in th

The Maritime and Port Authority of Singapore (MPA) and NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), today announced the launch of Smart Port Challenge (SPC) 2020 under Port Innovation Ecosystem Reim

The Notice of Readiness (NOR) clause in a previous fixture may not have the same effect if used in a new fixture.Shipbrokers should bear this in mind when copying wordings from previous fixtures says the International Transport Intermediari

Chinas foreign trade is expected to show a stable recovery in the second half of the year on the back of a notable improvement in the industrial, supply and service chains as well as from major trade events like the upcoming Canton Fair and

On June 3, Qingdao Conson Group and CSSCs Qingdao Beihai Shipbuilding Heavy Industry signed a contract to build the worlds first 100,000-ton smart fishery large-scale farming ship. The contracted Guoxin No. 1 aquaculture ship is expected to

On June 2, COSCO Shipping Heavy Industry (Shanghai) held a cadre meeting, which was chaired by Sun Jiehua, secretary of the companys party committee. Pu Hongbin was appointed deputy General Manager (in charge) and Deputy Secretary of the Pa

1.China will build its first liquefied natural gas bunkering center for international vessels in the city of Shenzhen as part of a deal signed on Wednesday. 2.COSCO SHIPPING Energy Transportation resolved to approve the proposed merger by a

The board of directors (the Board) of COSCO SHIPPING Energy Transportation Co., Ltd. resolved to approve the proposed merger by absorption (the Proposed Merger by Absorption) by the Company of COSCO SHIPPING Tanker (Shanghai) Co., Ltd.* (Sh

Chinas oil demand has recovered to more than 90% of the levels seen before the coronavirus pandemic struck early this year, a surprisingly robust rebound that could be mirrored elsewhere in the third quarter as more countries emerge from lo

The lack of ullage at the tank farms of Chinas key Qingdao port has forced VLCCs arriving at the port to wait for up to three weeks before being able to discharge their cargoes, freight market sources said. There are currently 20 VLCCs queu

China will build its first liquefied natural gas bunkering center for international vessels in the city of Shenzhen as part of a deal signed on Wednesday. The project is a joint effort that includes Yantian Port Group, state-owned energy gi

Brazils Vale SA expects iron ore shipments to China to rise in 2020 versus 2019 due to falling demand in other countries hurt by the coronavirus pandemic, the China Iron and Steel Association said after a telephone call with the miner. Vale