Really Bad or Really Good In recent years, Chinas shipbuilding capacity has been continuously reducing due to the bankruptcy and conversion. The reduction of shipbuilding capacity (supply) does not result in a price going up but going down,

1.Recently, Shenzhen Maritime Safety Administration issued first electronic certificate for seafarers, marking that Shenzhen seafarers certificate took the lead into the electronic era. 2.Chinas Shandong province has officially set up Shand

Recently, Shenzhen Maritime Safety Administration issued first electronic certificate for seafarers, marking that Shenzhen seafarers certificate took the lead into the electronic era. It is reported that the Shenzhen Maritime Safety Adminis

Drewry has downgraded its forecast for throughput growth in 2019 as outside risks mount. CONT port throughput growth is expected to continue its softening trend in 2019, as the industry comes to grips with numerous headwinds. Whether trade

Further to our Alert of 17 July 2019, the Tokyo and the Paris MoUs issued a joint press release on 27 July 2019 outlining the focus areas for the upcoming concentrated inspection campaign starting on 1 September 2019 and released the questi

Chinese iron ore futures rose more than 3% on Tuesday, extending gains for a fourth straight session, on expectations that imports of the steelmaking material remained weak in July, keeping supply somewhat tight in the worlds top steel prod

The Hong Kong Seaport Alliance (HKSPA) today welcomed OOCL HONG KONG, one of the worlds largest container vessels, on its maiden call to Hong Kong at the HKSPAs facilities at Terminal 8. The vessel, together with ten other mega vessels from

The editor has been keeping a particularly tight hand on the purse strings this year. The chance of offering lunch to a Hong Kong maritime luminary, was looking remote until I stumbled upon a notice from the Foreign Correspondents Club. The

Chinese oil and gas company Jereh has been contracted to build 10 LNG fueling stations in Russia, which is believed to be the biggest order for LNG fueling within the Russian market till now. Jereh said on Friday it is going to provide inte

Chinas crude oil futures settled higher on Tuesday. The most active contract for September 2019 delivery increased 0.59 percent to 444.1 yuan per barrel, data from the Shanghai International Energy Exchange showed. China launched its first

1.China saw an overall growth in cargo throughput at ports in the first half of 2019, according to official data released Sunday. 2.Chinese oil and gas company Jereh has been contracted to build 10 LNG fueling stations in Russia, which is b

Halfway through 2019, the bustling market is still full of noise. The mood of shipowners and shipyards fluctuates with various statistics and indexes. Due to the sharp decline of the BDI index at the end of 2018 and the beginning of 2019, t

China saw an overall growth in cargo throughput at ports in the first half of 2019, according to official data released Sunday. Chinese cargo throughput at ports reached about 6.7 billion tonnes in the first six months, up by 4.5 percent co

Iron ore futures in China were firmer in morning trade on July 26, supported by expectations that demand for the steelmaking input in the worlds top steel producer will remain strong as the nation launches more infrastructure projects. Inve

Cosco-owned Orient Overseas Container Line has maintained momentum during the second quarter of 2019. Total box volumes for the second quarter of 2019, grew 4.6% compared with the same period last year to 1,768,848 teu, up from 1,691,538 te