Japans K Line announced that it has placed an order for two 79,960 cubic meters of LNG ships in Hudong Zhonghua. The two new ships will be leased by Petronas for a long period of 12 + 12 years, and will be delivered in the second quarter of

Japans health ministry said Wednesday that 39 new cases of a virus have been confirmed on a cruise ship quarantined at a Japanese port. The update brings the total found on the Diamond Princess to 174 cases. The ministry also said the virus

Hong Kong-based liner shipping firm, OOCL has offered its view on the current situation in China as it battles the coronavirus and how the liner company is coping. OOCL reveals that most container terminals in China are in normal operations

Diminished trade as a result of the coronavirus outbreak is costing container shipping lines $350 million a week in lost volumes, a new report says, as declining activity in China begins to take a deeper toll on maritime operations from shi

Futures for Chinas steel products and ferrous raw materials rallied on Tuesday, with iron ore rising the most in seven months, as sentiment was lifted by data showing a decline in the number of new coronavirus cases. While the death toll fr

The Baltic Exchanges main sea freight index edged up from a near four-year low on Tuesday, while the larger capesize segment remained in negative territory, as the coronavirus outbreak in China crippled demand. The Baltic index, which track

The demand impact that the coronavirus has had in China is rippling through to much of the rest of the complex London, 11 February (Argus) Oil prices fell sharply in response to a dramatic drop in prompt crude demand from China, much of whi

1.Chinese leisure liners go full steam ahead, forge JVs, create world-class travel ecosystem.The multibillion-dollar Chinese cruise market is evolving rapidly, and a new vista is on the horizon. 2.French oil major Total has refused to accep

Since February, Liaoning Port Group has transferred more than 22,000 tons of anti-epidemic materials through the container green channel, which is a race against time in logistics process, and fully supports the front line of epidemic preve

Japanese Times says the government announced 60 new cases on the ship quarantineed in Yokohama today, taking the total number of people infected to at least 130. According to Associated Press, Japanese health ministry officials said they ar

According to Wang, the vessel would be a result of in-depth collaborations between Chinese and international companies. The construction of the 323.6-meter-long, 37.2-meter-wide and 72.2-meter-high Vista-class cruise ship needs 25 million c

South Korea ranked second behind China in global shipbuilding orders last month, industry data showed Monday. Local shipyards won orders equal to a combined 40,000 compensated gross tons (CGTs) to build one ship, accounting for six percent

China wants closer international cooperation to overcome the novel coronavirus epidemic and create better conditions for global trade, the Ministry of Commerce said on Monday. The country has taken a number of measures to stabilize domestic

Hong Kongs Orient Overseas Container Line (OOCL), now a Cosco unit, says it has introduced measures to ensure the health and safety of its staff globally, both at sea and onshore, in view of the current coronavirus situation. At the same ti

Energy Following the Lunar New Year, the impact that the coronavirus is having on oil demand is becoming clearer. The latest data (from Sublime China Information) shows that refinery run rates for independent refiners in Shandong stood at 5