Draft mandatory regulations to make lifting appliances such as onboard cargo cranes safer are being developed by the Sub-Committee on Ship Systems and Equipment (SSE). According to a press note from International Maritime Organization (IMO)

New York-listed global insurer Chubb has received approval from the CBIRC to increase the companys ownership in Huatai Insurance Group Company to 26.2% from its current 20%, with effect from 27 February 2019. With the increased Chubb stake,

The Maritime and Port Authority of Singapore (MPA) will host the 37th ASEAN Maritime Transport Working Group Meeting (MTWG) from 5 to 7 March 2019. The MTWG is the principal coordinating and implementing arm of the ASEAN Senior Transport Of

Japanese public multinational corporation Kawasaki Heavy Industries (KHI) has completed the construction of a new dock in northeast China, as the company streamlines costs amid competition from South Korean rivals. According to a press note

Global VLCC freight rates are expected to be well supported this year and in the next as a large number of them will go for maintenance, and also install a ballast water treatment system at a time when there is also more demand to move crud

1.China Ship Finance Offshore Summit is held today at Ritz-Carlton Hotel, Pudong, Shanghai. 2.Several marine incidents have taken place off Ningde or Kement Port of Fujian Province in the past 15 days. Vessels voyaging to that region are re

In response to the expected low demand in spring, we would like to inform you of the withdrawal of the following Trans-Pacific sailings: Pacific China Central 1 (PCC1) OOCL UTAH (OTA) 030E/W: ETA Ningbo on March 23 in Week 12 for EASTBOUND,

I believe Captain Lirong has been a key driver in developing the outstanding COSCO Shipping Group we see today, says BIMCO President Anastasios Papagiannopoulos, who was on stage to hand over the award. The BIMCO President also mentioned th

The International Chamber of Shipping has chosen Hong Kong as its base for the organisations liaison office to China, it has been learned. As yet it appears there has not been an official announcement. Hongkongmaritimehub.com understands th

Chinese iron ore prices surged nearly 5% to a three-week-peak on March 4, as market expected steel mills to replenish their stocks amid low inventory level. Steel mills in the worlds largest iron ore consuming country have been slowing raw

Chinas crude oil futures settled lower on Monday. The most active contract for April delivery was down 1.60 percent to 436.1 yuan per barrel, data from the Shanghai International Energy Exchange (INE) showed. China launched its first yuan-d

04 March 2019: Inmarsat is staying ahead of fast-changing dynamics in ship connectivity by launching Crew Xpress, a new service for crew available on Fleet Xpress. The Crew Xpress package includes a Fleet Hotspot managed Wi-Fi solution, a 6

The formal establishment of diplomatic relations on 12thJune, 2017 between China and Panama opened up broader prospects for bilateralcooperation in various fields. Shipping and related service industries havetaken a vital role in the develo

In the week ending Mar-1, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 624.1 points, slightly. Download PDF Below find the NCFI Weekly Index Data chart: Download PDF Source:Ningbo Shipping Excha

1.Ms. Wang Yafu, the first female chief engineer of ocean-going vessels in China, graduated from Dalian Maritime University, died on March 3, 2019, at the age of 89. 2.Cosco Shipping International has posted lower profit after offloading it