A major port on the southern Chinese coast has been driving the countrys foreign trade, connecting China to the rest of the world and serving as a key hub for global grain exchange. Situated on the banks of the Pearl River, the commercial m

[Photo:Xinhua/Wei Yijun] HANGZHOU/BERLIN, Oct. 9 (Xinhua) -- In late September, the Cosco Shipping Virgo, a 20,000-TEU ultra-large container ship, once again returned to the Port of Hamburg, the largest port in Germany and the third largest

Capesize Throughout the week, the cape market has displayed remarkable resilience and positivity, defying challenges such as holidays in the Far East. The Pacific market saw strong activity at the beginning of the week, with increasing rate

Orient Overseas Container Lines (OOCLs) total revenues declined by 65% in the third quarter of the year to US$1.76 billion, while the carriers total liftings grew by 6.7% to 1.86 million TEUs. The companys loadable capacity climbed by 13.6%

Amajor project which aims to ensure that no country is left behind in maritime decarbonization is set to continue its work through to 2030, following alargenew injection of funding. The Government of Norway has confirmed210million NOK(US$19

DNV has published new guidelines for the safe installation of onboard carbon capture and storage (OCCS) system on board ships, amid growing pressure on the shipping industry to develop effective technologies to reduce emissions as part of t

09 October 2023, London:The International Chamber of Shipping (ICS),the global trade association for shipowners which represents over 80% of the world merchant fleet, today launches its Carbon Intensity Indicator (CII) Data Collection Syste

On October 8, COSCO Shipping Heavy Industry(Dalian)named and deliveredthe No. 4ship Green Rauma, a series of 68,000dwt multi-purpose pulpcarriers built for CMB Financial Leasing, and officially handed over to COSCO Shipping Speciaized Carri

Maritime Trainer (MTR) is announcing a new deal with Germanys largest bulk operator Oldendorff Carriers to deliver an extensive online training package for seafarers. MTR CEO Capt Ozgur Alemdag said the digital training company will supply

Thursday, October 5, 2023. Climate change is a global concern that needs to be addressed collectively. At the heart of all commercial exchanges, shipping is required to contribute to the global effort to reduce greenhouse gas emissions and

The International Seafarers Federation chose World Maritime Day to highlight a dark side of the shipping industry when it announced the recovery of US$118,529,663 in wages owed to seafarers between 2020 and 2022. More than US$36m was paid b

Shipping capacity reduced significantly, and the composite index has stopped falling and stabilized Ningbo Containerized Freight Index: In the week ending Oct-6, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (

Orient Overseas Container Line Ltd. (OOCL) is recognized as the Best Shipping Line Intra-Asia at the 2023 Asian Freight, Logistics and Supply Chain (AFLAS) Awards ceremony held at the JW Marriot Hotel Singapore South Beach on September 28. T

During the first nine months of 2023, coal shipments to the worlds second largest importer of seaborne coal, India, fell 9% y/y. A 12% y/y rise in domestic coal mining replaced imports and electricity production continued to rise despite lo

Aarhus, Denmark, 3rd October 2023:Unifeeder Group has signed a long-term time-charter agreement for two new methanol-capable container feeder vessels and has an option for additional two similar vessels. German-based ship owning group Elbde