The International Chamber of Shipping (ICS) has expressed its concern over the developing situation in the Gulf, following the seizure of the British-flagged tanker, Stena Impero, by the Iranian Revolutionary Guard in the Strait of Hormuz o

1.Chinas accomplished shipbuilding output in the first half of this year stood at 19.66 million deadweight tonnes, up 4.2 percent year on year, according to the Ministry of Industry and Information Technology. 2.Russian natural gas producer

The recent attacks on merchant vessels in the vicinity of the Straits of Hormuz and the Gulf of Oman, culminating in the boarding and detainment of a UK flagged tanker at the end of last week, have prompted the United States (US) Central Co

Chinas accomplished shipbuilding output in the first half of this year stood at 19.66 million deadweight tonnes, up 4.2 percent year on year, according to the Ministry of Industry and Information Technology. Over the same period, China rece

The worlds largest cargo ship, the MSC Gulsun, sailed into Yangshan Deep-Water Port, the worlds largest automated container port, early Saturday. Built by South Koreas Samsung Heavy Industries for the Mediterranean Shipping Co, the vessel s

A recent announcement by the Hong Kong government of the planned allocation of up to HK$500 million ($64 million) to upgrade 200 public toilets has sparked a comparison between the filthiness of Hong Kong public toilets and the cleanliness

Marking the opening of a new China-Europe freight train route a freight train left Xian, capital of northwest Chinas Shaanxi Province, heading for Bishkek, capital of Kyrgyzstan. According to a report in Xinhua, the train consists of 42 con

1.China has retained its lead as the country best connected to others by sea, according to the liner shipping connectivity index (LSCI) from United Nations Conference on Trade and Development (UNCTAD). 2.China Communications Construction Co

In the week ending Jul-19, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 643.1 points, slightly Download PDF 1 Below find the NCFI Weekly Index Data chart: Download PDF2 Source: Ningbo Shipping E

VLCC Rates for 270,000mt Middle East Gulf to China slipped to WS 43.5, down two points. However, with a $50/mt fall in bunker prices over the week, earnings have remained flat. The assessment for 280,000mt Middle East Gulf to US Gulf basis

The Panama Canal is designed as a shortcut. Its the most impressive shortcut ever built in the history of mankind. For shippers sending U.S. liquefied natural gas and liquefied petroleum gas to Asia, it drastically reduces voyage time. But

China National Petroleum Corp (CNPC), the countrys largest oil and gas company, reported a 10% year-on-year increase in gas production during the first half of 2019 and the volumes accounted for 70.3% of the countrys total natural gas produ

Ports in Guangxi in southern China and Jingtang port have halted custom declarations for all coal imports effective Monday, close on the heels of similar curbs at a northern port, stoking fears of wider restrictions for imported coal, marke

OOCL will be extending our North Europe service network to the East Indian Subcontinent by introducing our new Middle East / Indian Subcontinent North Europe Service (IP3) to be launched in October, 2019. The IP3 is the only dedicated East

On 11 July 2019, Mr Xie Chunlin, Chairman of CMES, attended the signing ceremony held in Ningbo for the Strategic Cooperation Framework Agreement between CMES and the China Waterborne Transport Research Institute (WTI). Mr Zhang Baoliang, V