One of Hong Kongs most prominent dynastic shipping companies, Valles Steamship has offloaded its last dry bulker, the panama ship, Silver Dragon for US$8.2m. The sale comes just five months after the sister ship, Silver Phoenix for US$9.5m,

Chinas crude oil futures settled lower on Tuesday. The most active contract for May 2019 delivery was lost 1.73 percent to 465.6 yuan per barrel, data from the Shanghai International Energy Exchange showed. China launched its first yuan-den

Owner and the master of the ship may be fined up to SGD10,000 or imprisoned for a term not exceeding 2 years, or both, for fail to comply with IMO 2020 regulations in Singapore. This is according to the Maritime and Port Authority of Singap

On the morning of April 12, local time, Chinese Premier Li Keqiang addressed, together with 16 CEEC leaders, the opening ceremony of the 9th China-CEEC Business Forum in Dubrovnik, Croatia, according to Xinhua. As an integral part of the Ch

1.As with so many other facets of shipping, China dominates the ship repair industry. Latest data from Clarkson Research show 10 of the top 12 repair yards last year were Chinese. 2.World Dream, Asias largest tonnage cruise ship, berthed in

Inmarsat Maritime President Ronald Spithout held a press briefing on Wednesday， 10th April during Sea Asia 2019. Ronald expressed that the role satellites continue to play in enabling maritime digitalization, as well as updates on the new

The US Coast Guard Cutter Bertholf (WMSL 750) moored Sunday in Hong Kong Harbour the first visit by a Coast Guard cutter in 17 years. While in port, the crew will have opportunities to explore Hong Kong and interact with local citizens thro

World Dream, Asias largest tonnage cruise ship, berthed in east Chinas port of Xiamen Monday, making it the first 150,000-ton mega cruise ship to make port after the port had an upgrade. The World Dream is 330 meters in length and 40 meters

Chinas iron ore futures finished higher on Monday. The most active contract for September 2019 delivery finished the day session up 0.15 percent to 653 yuan per ton. China has opened the domestically-traded iron ore futures to foreign inves

Cosco Shippings focus on fixed assets, infrastructure overseas stokes development China Cosco Shipping Corp, the countrys largest shipping group by fleet size, will develop more port businesses in economies related to the Belt and Road Init

Chinas investment volume in global ports has skyrocketed since the launch of Belt and Road Initiative but faces risks and challenges amid the fair share of controversy and turbulent political arena and financial markets, according to a repo

Following the tariff-induced cargo rush of late-2018, container shipments from Asia to West Coast North America dived in Q1, denting carriers hopes of securing higher annual contracts. Things can change very quickly in the Transpacific cont

SP Global Platts proposes to begin publishing daily assessments for delivered bunker fuel reflecting a maximum sulfur limit of 0.5% and low sulfur marine gasoil with maximum 0.1% sulfur limit at the east Chinese port of Zhoushan starting Ju

Chinas foreign trade climbed 3.7 percent year-on-year to 7.01 trillion yuan ($1.04 trillion) in the first quarter of this year, customs data showed on Friday. During this period exports grew 6.7 percent to 3.77 trillion yuan, while imports

In the week ending Apr-12, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 641.4 points, slightly Download PDF1 Below find the NCFI Weekly Index Data chart: Download PDF2 Source:Ningbo Shipping Exc