Spot rates for shipping containers from Asia to northern Europe in the week ending Friday jumped 9.1 per cent to US$766 per TEU. Asia-Mediterranean increased six per cent to $730 per TEU, according to the Shanghai Containerised Freight Inde

Fitchs Sector Outlook: Negative We maintain a negative sector outlook for global shipping because of the forecast slowdown of global economic growth and a balance of risks skewed to the downside. All shipping segments have been demonstratin

1.CMB Financial Leasing has signed a sales and lease back agreement with Stolt Tankers, the world s largest chemical tanker owner, for up to 20 chemical tankers. 2.Greeces shipping minister has made a high-profile appeal to governments and

Kawasaki Kisen Kaisha, Ltd. (KLINE) and FueLNG Pte Ltd.(*) (FueLNG) have concluded a ship management agreement for the 7,500CBM LNG-Bunkering Vessel (LBV) that FueLNG will own, operate and carry out all commercial operations. The partnershi

28 November 2019: Inmarsat and ABB Marine Ports, two driving forces behind maritime digitalisation, have signed a milestone Master Supply Agreement. The implementation of the agreement tackles an obstacle identified by ship owners themselve

India, one of the worlds five major ship recycling countries, has acceded to the IMO Hong Kong Convention, the treaty that will set global standards for safe and environmentally-sound ship recycling. Indias accession brings this important c

Central China Logistics Hanya 1, the tailored 500-TEU vessel for the Wuhan-Japan direct container shipping route, departed the Yangluo port in Wuhan, capital of Central Chinas Hubei Province, and headed for Japan early on Thursday. In five

On November 21, local time, the COSCO SHIPPING Charity Foundation donation ceremony for the Children Included program was held at the Port of Piraeus in Greece. Mr. Antonios Avgerinos, President of the Hellenic Red Cross, Mr. Yiannis Plakio

Greeces shipping minister has made a high-profile appeal to governments and the IMO to consider postponing the 2020 sulphur cap implementation. But IMO is clear that a delay is not possible. Delay in sulphur cap over safety issues Ioannis P

Congratulations to Panama for the 198 independence anniversary. On November 28, 1821 Panama got its independence from Spain. November is a special month for Panama because it was also in the month of November (3rd, November 1903) that they

According to the official information of Hudong-Zhonghua Shipbuilding Group, China State Shipbuilding Corporation welcomed its first big order after its official establishment! On the afternoon of November 26, Hudong-Zhonghua Shipbuilding G

1.According to the official information of Hudong-Zhonghua Shipbuilding Group, China State Shipbuilding Corporation welcomed its first big order after its official establishment! 2.Eagle Bulk Shipping (EBS), the US-based fully integrated sh

Rio Tinto Group lifted its spending on new iron ore projects in Australia to more than $4 billion with the approval of a replacement mine at a key hub, providing a further sign of the industrys confidence in demand led by China. London-base

On 26 November 2018, Shanghai Terminal, a wholly-owned subsidiary of COSCO SHIPPING Ports, entered into the Share Subscription Agreement with Beibu Gulf Port in relation to the subscription and allotment of 70,943,455 Beibu Gulf Port Shares

OceanRail Logistics S.A. and Rail Cargo Group, the freight traffic of the Austrian Federal Railways (BB) signed an RCT-BILK rail yard share purchase agreement in Budapest. It marks a new starting point for win-win cooperation between the tw