China on Monday announced a master plan for six new pilot free trade zones (FTZs) in a strategic move to press ahead with reform and opening up in the new era. The new pilot FTZs will be located in the six provincial regions of Shandong, Ji

1.Chinas goods trade has posted robust growth in the past seven decades thanks to the countrys reform and opening-up efforts. 2.COSCO Shipping is expanding its logistics business in Malaysia to carry out a number of new development projects

Chinas goods trade has posted robust growth in the past seven decades thanks to the countrys reform and opening-up efforts. Goods trade volume stood at only $1.13 billion in 1950, while the number surged to $4.6 trillion in 2018, the Nation

The Drewry Container Port Throughput Indices are a series of volume growth/decline indices based on monthly throughput data for a sample of over 220 ports worldwide, representing over 75% of global volumes. The base point for the indices is

When faced with a contamination or off-spec claim at the discharge port, the onus is on the vessel to show that the condition of the cargo has not changed between loading and discharge, and properly taken load port samples can provide such

The largest cohort of 27 port masters, harbour masters and middle managers from maritime and port authorities from Africa, Asia, the Caribbean, Europe, Latin America and Oceania attended the sixth Maritime and Port Authority of Singapore (M

The American Steamship Owners Mutual Protection and Indemnity Association (American Club), has appointed additional staff at its Hong Kong branch. Vicky Cheng and Joe Wan have been appointed as business development executives Asia to assist

From new markets to new technology the territorys logistics sector has a number of reasons to be cheerful, writes Keith Wallis Hong Kongs logistics industry, long considered one of the territorys four economic pillars, faces significant cha

Thomas Soderberg, founder of Hong Kong-based Tribini Capital, the shipowning and investment platform, is off to the US on 1 September to join Global Energy Ventures a developer of integrated marine compressed natural gas projects. Mr Soderb

1.Port of Qingdao has inked a cooperation agreement with the state-owned oil company Zhenhua Oil to jointly develop oil storage facility. 2.Shanghai Terminal has proposed to enter into a consortium agreement with Cosco Shipping Tianjin and

With its geographical advantages, the eastern coastal province of Zhejiang is leading the countrys efforts to develop a prosperous national maritime economy.The province boasts a coastline of 6,696 kilometers and more than 2,000 islands in

On the afternoon of 26thAugust, a delegation headed by Dr. Peter Tschentscher, First Mayor of Hamburg visited COSCO SHIPPING headquarters. Mr. Zhang Wei, Executive Vice President of COSCO SHIPPING met with the delegation and discussed about

Shanghai Terminal (a wholly-owned subsidiary of the Company) proposed to enter into the Consortium Agreement with COSCO SHIPPING Tianjin and one or more Other Investors, pursuant to which the Consortium would seek to acquire a maximum of 5,

The new vessel Sansha II completed its maiden voyage from the city of Wenchang, Hainan Province, to Chinas southernmost island city of Sansha where it will serve. Sansha II, 128m long and 20.4m wide, can cover all waters in the South China

HONG Kongs Orient Overseas (International) Ltd (OOIL), now a Cosco unit, and parent of Orient Overseas Container Line (OOCL), has announced a profit attributable to equity holders of US$139 million for the six-month period ended June 30, 20