Green ban on hazardous foreign vessels to protect ship-breaking sector, hinterland Come next week/year, a decades-old marine trade practice in China will draw to a close. The countrys ship-breaking yards, which have been tearing apart the w

The Xiamen International Cruise Home Port had welcomed more than 320,000 tourists by December 13, a record high annual throughput, local media reported. The departure of the liner Costa Atlantica, made by the largest cruise ship company in

China will lower or remove import and export duties on a number of items starting 2019 as part of a tariff adjustment package announced Monday as the country further opens up the economy. To expand imports, more than 700 items of products w

Chinas iron ore futures closed lower on Monday. The most active contract for May 2019 delivery finished the day session down 1 percent to 491 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors since

A shipping conglomerate, the China Ocean Shipping (Group) Company (COSCO) Shipping Corporation Limited, has developed into a world-class ocean shipping giant during the process of Chinas reform and opening-up. Now, the number of port termin

Maersk is pleased to bring you Simplified Freight Invoices. Starting on January 19th, 2019 your freight invoicing will experience a face-lift. How does it work today? If there is a change to the price on your shipment, previously Maersk wou

1.BEIJING: China announced on Monday adjustments to some import and export tariffs for 2019, removing import duties on alternatives to soymeal for animal feeds and tariffs on fertilizers and iron ore exports, to boost foreign trade as the e

Samskip takes the lead in ambitious initiative to develop autonomous, zero-emissions container ships that also compete on cost Europes largest multimodal operator has been named lead partner in Seashuttle, a project seeking to bring emissio

A sharp decline in prices as well as mounting pressure of oversupply has forced OPEC and its allies to cut production. However, crude tanker demand is unlikely to be affected, as a notional loss in the volume of crude oil trade owing to the

With the manpower having reduced to a fundamental minimum on board ships, it is all the more imperative to keep safety at sea as the prime concern for the crew. Regular maintenance of lifeboats, life rafts and other such safety entities mus

As the demand for its exhaust gas cleaning systems -- aka. scrubbers -- has grown, Yara Marine Technologies opened its new office in Shanghai. Peter Strandberg, CEO, Yara Marine, explains: A large percentage of scrubber installations will b

Chinas import is expected to reach an all-time high over 2 trillion U.S. dollars in value in 2018, said a national commercial work conference held in Beijing on Saturday. According to the conference which was sponsored by the Ministry of Co

Chinas iron ore futures finished higher on Friday. The most active contract for May 2019 delivery ended the day session up 1.22 percent to 497 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors sinc

As shippers go on to make large-scale vessel sharing agreements, carriers are formulating new strategies to survive, reports Drewry. What are the new ways? It has been said that differentiation is impossible in the container shipping indust

Political instability and low credit ratings in emerging economies are putting some shipowners off ordering new floating storage and regasification units (FSRUs), as they shift focus to more mature gas markets. Liquefied natural gas (LNG) d