A few days ago, the Municipal Transportation Bureau released the subsidy fund for the port and shipping industry in 2019, with a total amount of up to 410 million yuan,benefiting nearly 100 key port and shipping enterprises in the city. In

Seven cruise ships have been requisitioned to support Wuhan, the epicenter of the COVID-19 outbreak, as water hotels for medical teams from all over the country, according to the Ministry of Transport. The first of these cruise ships, the B

The Hong Kong Government may be over-reacting when it comes to business at the cruise terminals during the novel Coronavirus outbreak, writes Liza Cook. Jeff Bent, the managing director of Worldwide Cruise Terminals, operator of the Kai Tak

China has ramped up fuel exports to compensate for losses to domestic demand as it grapples with the coronavirus outbreak, having not been able to prevent a surplus in the worlds second-largest oil consumer with cutbacks in its refining out

The first quarter of the year was decimated by the outbreak of the coronavirus, however, Maersk foresees a V-shaped recovery could occur after normal factory production levels return in China, provided outbreaks of the virus around the worl

Container cargo volumes at Chinese ports (including Hong Kong) could fall as much as 6m teu in the first quarter of 2020, estimates analyst, Alphaliner. The full impact of the Chinese coronavirus is unlikely to become clear until the ports

Potential risks from the fallout of IMO 2020 are lying dormant as the industry stares down the immediate challenge of a sharp downturn in global seaborne trade. A combination of weaker demand due to the coronavirus and warm winter, strategi

Hong Kong utility CLP Power has delayed the start of construction of the territorys first LNG import terminal to later this year, from an initial target of 2019. The delay means that commissioning of the terminal, which will use a floating

The sudden outbreak has brought a huge impact on all aspects of shipyard business in China. All kinds of data and information show that the shipyards in our country are facing a huge problem in the ship repair business and shipbuilding busi

1.The World Health Organization (WHO) and the International Maritime Organization (IMO) have joined forces to issue a joint- statement in response to the challenges faced by the shipping industry during this coronavirus outbreak. 2.Many cou

Obviously, the trend of large-scale ships in the shipping market will not change due to Chinas novel coronavirus pneumonia.Two other shipping giants will formally place orders for 23,000TEU super large container ships, a total of 12 units w

Wilhelm Wilhelmsen has passed away on 22 February at the age of 82. Through a long career, he was a well-respected business leader and spokesperson for Norwegian shipping and the maritime industry at large. Wilhelm Wilhelmsen represented th

Many countries and the World Health Organisation have praised China for extensive and prolonged action to control the outbreak of the novel coronavirus hitting China this year. Just how contagious Covid-19 can be has been illustrated by the

Japanese shipowners operating vessels on routes between Japan and China are continuing to opt for bunkering at Chinese ports despite concerns about the coronavirus outbreak. Port operations along the Yangtze river remained mostly normal thi

Chinas iron ore futures rose on Monday for a tenth straight session, their longest winning streak since June 2016, on hopes that Beijing would take more steps to support an economy jolted by a coronavirus outbreak. Iron ore on the Dalian Co