Chinese cruise shipbuilding company CMHI Haimen yard carried out the keel laying ceremony for the Ocean Explorer. This is the fourth ULSTEIN X-BOW design in the INFINITY class of expedition cruise vessels that the U.S. based shipowner SunSt

Hong Kong-based cruise operator, Genting Hong Kong, has completed a sale and leaseback transaction with four Chinese leasing companies to raise US$900m. The deal was made on the companys Genting Dream, a 2016-built, 150,000 GT cruise vessel

The UK PI Club, a leading provider of PI insurance and other services to the international shipping community, has appointed Tom Starr as a Senior Claims Executive, who will be based in the Thomas Miller London offices. Tom, a solicitor and

Low sulphur fuel oil prices dropped for six consecutive trading days and currently stand at around $670 per tonne in Singapore. The decline in LSFO price is partly driven by the easing supply tightness and partly due to cooling demand. Ther

1.The United States and China signed the long-awaited phase-one trade deal at the White House on Thursday morning Beijing time, capping a bruising battle that had lasted nearly two years. 2.Shanghai port maintained the top position in the w

On January 14, COSL announced that according to the companys production and operation in 2020, the companys board of directors issued the following strategic guidelines for 2020: According to the third-party data such as IHS Markit, the tot

Shanghai port maintained the top position in the world in terms of container throughput in 2019, according to Shanghai Mayor Ying Yong on Wednesday. The container throughput of Shanghai port totaled 43.3 million twenty-foot equivalent units

Presented in Hong Kong last night by leading Hong Kong financial news platform Quamnet, the title secured Kerry Logistics reputation as a global 3PL with expanding worldwide presence. With the QOEA, Kerry Logistics was commended for its dis

China said on Wednesday enhancing coast guard cooperation between China and the Philippines will help promote mutual trust and create a new channel for bilateral maritime cooperation. Foreign Ministry spokesman Geng Shuang made the remarks

ReCAAP Information Sharing Centre (ISC) today released its Annual Report 2019 (January to December 2019). Highlights of the Report, whose information is verified by the respective government agencies, also known as ReCAAP Focal Points, and

The United States and China signed the long-awaited phase-one trade deal at the White House on Thursday morning Beijing time, capping a bruising battle that had lasted nearly two years. The signing signaled a thaw in economic and trade rela

1.The Chinese authorities have caught four vessels for low sulphur fuel violations, the first reported cases of breaches of IMO 2020. 2.Bunker fuel prices in China are expected to be more competitive following the implementation of tax reba

The Chinese authorities have caught four vessels for low sulphur fuel violations, the first reported cases of breaches of IMO 2020. The first vessel was in Dalian when it underwent a Port State Control (PSC) inspection by the Chinese Mariti

Bunker fuel prices in China are expected to be more competitive following the implementation of tax rebates on fuel oil, supporting its push to be a bunkering hub, traders said. Beijing is believed to have approved a long-awaited tax rebate

Hong Kongs Orient Overseas Container Line (OOCL), now a Cosco unit, has updated its list of cancelled round-trip sailings on its Asia-Europe trade published on December 20. The shipping line had earlier said that the cancellations were made