Taiwanese bulker owner Wisdom Marine has approved a plan to order two 82,300 dwt kamsarmax bulk carriers at Tsuneishi Zhoushan shipyard. The price for each ship is $33m, and other details of the deal were not disclosed. Wisdom Marine is cur

Barge operators in Hong Kong and South China are benefitting from improved operational efficiency made possible by new barge initiatives from the Hong Kong Seaport Alliance (HKSPA). With its 12 dedicated barge berths, HKSPA handles 100 dail

China produced 748 million mt of crude steel in January to September, 8.36% higher from the same period last year, said China Iron and Steel Association (CISA) executive vice-chairman He Wenbo at a press conference on October 29. Domestic p

On October 29, 2019, the signing ceremony of the strategic cooperation agreement between Shanghai Jiao Tong University (SJTU) and COSCO SHIPPING was held in Shanghai. The two sides will step up cooperation in the fields of talent training,

Iron ore shipments from Rio Tinto Group could rise as much as 5% in 2020 as the producer recovers from operational issues in Australia this year, the exporter says on October 31. The No. 2 miner will also have consistent capacity for volume

Industry alliance looks to integrate market players, raise product quality China will take more steps to standardize marine equipment manufacturing, improve the quality and competitiveness and encourage overseas participation, experts and o

Ningbo Marine announced that the companys controlling subsidiary Zheneng Tongli Shipping plans to purchase a second-hand bulk carrier to purchase a second-hand handy bulk carrier in the near future to update the scrapped ship, with a total

1.COSCO SHIPPING Holdings announced itsfinancialresults for the first third quarters of 2019,and the Company had achieved revenue of RMB 111.6 billion, representing an increase of 35.9 %. 2.The construction of Chinas largest comprehensive m

The construction of Chinas largest comprehensive maritime scientific research ship kicked off in Shanghai on Monday. The 6,000 ton ship was described as a new generation maritime comprehensive scientific research vessel by China Shipping Ne

The conference focused on digitalization, modularization, contractor, operational optimization, the latest floating production project updates in Brazil, South China Sea and Southeast Asia, offshore financing and leasing topics. For the off

Drewry Shipping Consultants says that if container carriers refrain from returning too much capacity, there is a reasonable hope for higher freight rates as we approach Black Friday (Nov. 29) and Christmas sales. Simon Heaney, senior manage

Xiamen, a scenic coastal city in East Chinas Fujian province, recorded strong growth in its cruise industry this year although the sector as a whole in China experienced a slight dip after a decade of rapid progress. As of Oct 15, the Inter

Guest-of-Honour Dr Lam Pin Min, Senior Minister of State for Ministry of Transport and Health expressed that the Global Maritime Forum provides an invaluable platform for maritime industry stakeholders from all over the world to discuss opp

COSCO SHIPPING Holdings Co., Ltd.(COSCO SHIPPINGHoldings or the Company) (SSE: 601919; HKEx: 1919) today announced itsfinancialresults for the first third quarters of 2019. In the first three quarters of 2019, due to the slowdown of global

COSCO SHIPPING Ports Announces 2019 Third Quarter Results Supported by Shipping Alliances Throughput Growth Continued COSCO SHIPPING Ports Limited (COSCO SHIPPING Ports or CSP or the Company, SEHK: 1199), the worlds leading ports operator,