The Baltic Exchanges main sea freight index declined on Monday, with weaker demand for capesize and supramax vessels outweighing stronger rates for the panamax category. The Baltic index, which tracks rates for capesize, panamax and suprama

French oil major Total has refused to accept a force majeure notice from one of its long-term buyers of liquefied natural gas (LNG) in China, related to the coronavirus outbreak in the Asian country. Philippe Sauquet, Totals head of Gas, Re

Currently, ships directly sailing on both sides of the Straits, including Lina, Strait and COSCO Star, which will be suspended from the 10th. The MAC announced on the 7th that the mini three links passenger ship was suspended from February

VLCC The market in the Middle East dropped further this week, with the deepening impact of the coronavirus outbreak on oil demand from China keeping activity low. Rates for 270,000mt to China fell 12.5 points to the low WS 40s, while 280,00

1.All of the 1,800-plus crew members of a quarantined cruise ship, World Dream, docked at Kai Tak Cruise Terminal tested negative to the novel coronavirus pneumonia (NCP) which has infected 26 locally and over 37,000 on the Chinese mainland

All of the 1,800-plus crew members of a quarantined cruise ship, World Dream, docked at Kai Tak Cruise Terminal tested negative to the novel coronavirus pneumonia (NCP) which has infected 26 locally and over 37,000 on the Chinese mainland.

Six more sight-seers were found to be infected with the novel coronavirus pneumonia (NCP) on the Diamond Princess cruise ship on Sunday, bringing the total to 70 , according to Japanese news agency ANN. Japans Ministry of Health, Labor and

Record low prices for liquefied natural gas (LNG) are roiling the global gas market, creating havoc as traders rush to find alternative locations for cargoes with Chinese buyers rejecting shipments amid the coronavirus epidemic. Asian spot

The number of ships crewmembers being kidnapped in the Gulf of Guinea grew by more than 50% in 2019 and this year has begun with a further escalation of violence, armed robbery and kidnaping. The crisis is deepening pirates are bolder and t

The recent outbreak of a novel coronavirus in Wuhan, China has received worldwide attention and is increasingly putting a strain on businesses. Part of the same family as Severe Acute Respiratory Syndrome (SARS) and Middle East Respiratory

On February 6, Group Chairman Li Jianhong, head of the working group on the prevention and control of novel coronavirus, and Executive Vice President Wang Cuijun, inspected China Merchants Property Operations prevention and control of the p

1.China National Offshore Oil Corporation (CNOOC) has reportedly declared a force majeure on LNG contracts due to disruptions caused by the coronavirus outbreak. 2.Container port volumes in China could take an estimated hit of 6 million TEU

Forty-one new cases of coronavirus have been found aboard the cruise ship Diamond Princess in Yokohama, including eight Americans, Japanese authorities said. The 41 are in addition to 20 previous cases detected in preceding days. Princess C

At the ECR Conference on Maritime Security and the Blue Economy yesterday in the European Parliament, ECSA raises the alarm about the dire security situation in the Gulf of Guinea. Urgent action has to be taken by the EU right away. The new

On February 6, Tianjin Portissued two personnel change announcements. Due to job changes, Liang Yongcen served asvice chairman and general counsel of Tianjin Port (Group), He applied to resign from the position of chairman and director of th