The novel coronavirus pandemic has caused large-scale disruptions in international trade and undermined the entire world economy. And although Chinas foreign trade is likely to recover after the pandemic is contained and the global economic

China Tianjin Container Freight Index (TCI), an indicator of northern Chinas international container freight rates, stood at 535.69 points on Monday, down 1.96 percent compared with the previous working day. The statistical samples of TCI c

There has been a massive 400% increase in attempted hacks since February 2020 coinciding with a period when the maritime industry turned to greater use of technology and working from home due to the Coronavirus pandemic. The data was cited

The United States warned on Monday that it would punish any country that deals with Irans top shipping company, accusing it of contributing to Tehrans contested weapons programmes. The Treasury Department said sanctions came into effect Mon

Seacor Marine Holdings, the owner of the US Offshore Support Vessel (OSV), has reached an agreement with COSCO Shipping Group to acquire a 50% stake in COSCO Shipping Groups joint venture company Seacosco Offshore. The deal is expected to c

On June 2, a 2,370-passenger / 3,850-meter lane luxury passenger ro-ro ship No. 1, built by Guangzhou Shipyard International (CSSC) for Moby, a subsidiary of Italys Onorato Shipping Group, started construction. Designed by Danish company OS

Hours Operation Power 72 CallinportA 69 1 Slowspeedoperationandmanoeuvre 702 41 Transitwithservicespeed12kn 1,663 3 Operationinsensitivearea 1,663 1 Slow-speedoperationandmanoeuvreinsensitivearea 702 4 CallinportB 553 1 Slowspeedoperationan

1.OSCO SHIPPING is focused on optimizing the allocation of shipping resources to the Pacific and Indian Oceans. 2.Chinas coal imports in May fell nearly 20% compared with a year earlier even as demand recovered at power plants and industria

Chinas coal imports in May fell nearly 20% compared with a year earlier even as demand recovered at power plants and industrial users, customs data showed on Sunday. Analysts and industrial participants had expected China to tighten coal im

The China Ningbo Containerized Freight Index (NCFI) edged up in freight indices in the Middle East routes in May. NCFI, a wind vane of Chinas busiest ports freight rates for the international container shipping market, stood at 700.9 points

The Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC ministerial meeting agreed on Saturday to extend oil production cuts by one month until the end of July. OPEC and allies agreed on extending the first phase of the oi

Chinas iron ore imports in May fell 9% from April but were higher than same period a year ago supported by stable shipments and robust steelmaking demand, though rising prices may have curbed some purchases. The worlds top steel producer im

Chinas exports rose by 1.4 percent year-on-year in yuan terms to 1.46 trillion yuan ($205.74 billion) in May, official data showed on Sunday. Imports fell by 12.7 percent to 1.01 trillion yuan last month, resulting in a trade surplus of 442

Cement the position of Yangpu Port as the pivotal port of the New International Land-Sea Trade Corridor By leveraging the synergies of its shipping companies and the advantages of Yangpu Port, COSCO SHIPPING is focused on optimizing the all

The first seafarers to benefit from the use of chartered flight to comply with the new crew change protocol, developed by the Singapore Crew Change Working Group (SGCCWG), finally disembarked the bulk carrier Genco Liberty at the Port of Si