Yang Ming Marine Transport Corp.(Yang Ming) continues to enhance its Intra-Asia service network by launching a new TaiwanJapan service (JCH) effective from January 26th, 2020. The JCH service will provide weekly direct service between Kaohs

As Maersk Tankers takes the next step on its growth strategy, Soren C. Meyer is moving from Chief Asset Officer to Chief Executive Officer of a new standalone digital business, the company said in its release. The company is retaining a key

Daily crude steel output across China Iron and Steel Association (CISA) key mills averaged 1.88 million mt in the last 11 days of December, down 57,100 mt, or 2.94% from the December 11-20 period, according to the latest data from CISA. As

KVH Industries, Inc., announced yesterday that BW Group, one of the worlds leading maritime groups in the tanker, gas, and offshore segments, has signed a new contract to continue KVH VSAT services for at least five years and is upgrading 1

L.I.N.K. Global, one of the oldest established international network of independent forwarders, has signed a cooperation agreement with ShipParts.com, the rapidly expanding marine e-commerce platform, in which both parties will explore a my

1.Construction has begun on Chinas first 10,000-ton maritime patrol vessel, which will become the countrys largest and best-equipped ship of its kind, the Guangdong Maritime Safety Administration said at a press conference on Tuesday. 2.Chi

Construction has begun on Chinas first 10,000-ton maritime patrol vessel, which will become the countrys largest and best-equipped ship of its kind, the Guangdong Maritime Safety Administration said at a press conference on Tuesday. The ves

Iron ore futures in China surged to their highest close in over five months on Wednesday, on hopes of strong restocking demand from mills ahead of local holidays. The most active May contract for iron ore futures on the Dalian Commodity Exc

China purchased 3 million mt of soybeans from Brazil in December, down 27% year on year, according to the Brazilian trade department. In total, Brazil shipped out 3.44 million mt of soybeans in December, down almost 16% year on year, while

The China Ningbo Containerized Freight Index stood at 870.3 points at the end of December, up 20.3 percent from November and 22.1 percent from a year earlier. The index is issued weekly by the Ningbo Shipping Exchange, located in the Ningbo

Chinese construction machinery maker Xuzhou Construction Machinery Group (XCMG) has got the necessary approvals to set up a fully-owned overseas bank in Brazil during the first quarter of this year, according to a top company official. The

Trade volume surged this year at a major border port between China and Pakistan. Cargo import and export reached 66,600 tonnes in the first 11 months at Khunjerab Pass in northwest Chinas Xinjiang Uygur Autonomous Region, up 46.8 percent fr

Australia has officially become the worlds largest exporter of liquefied natural gas (LNG) on an annualized basis, overtaking the previous titleholder Qatar. According to figures released by Australian-based energy consultancy EnergyQuest,

The freight derivatives markets for both tankers and dry cargo vessels saw increased traded volumes in 2019 according to data released by the Baltic Exchange. Tanker Forward Freight Agreement (FFA) volumes were up 38% on the previous year,

1. Wrtsils Exhaust Gas Cleaning (EGC) system has been Type Approved in China by the China Classification Society (CCS). 2.Port of Lianyungang announced that the board of directors received the resignation report submitted by Wang Yunfei on