On November 6th, DP World, HUTCHSIONPORTS,PSA, SIPG,CMA-CGM,COSCO Shipping Lines, Evergreen,OOCL,YangMing and CargoSmart signed the Declaration of INTENT to form Global Shipping Business Network, the 1st blockchain consortium in shipping in

Carnival Corporation plc (NYSE/LSE: CCL; NYSE: CUK), has announced that its cruise joint venture with China State Shipbuilding Corporation (CSSC) will launch this week under the name CSSC Carnival Cruise Shipping Limited.The new China-based

In an emergency it is vital to know the position of key elements in the engineroom. A new virtual reality start-up could be a life saver Not all sailors are good sailors was a comment made to me once at a conference. The speaker was an engi

Taicang Port recently leaped to 31st in the One Hundred Ports 2018 list of Lloyds List, a world-renowned shipping journal based in the United Kingdom, up four rankings on last year and ranking 12th among domestic container ports, local medi

China will encourage mergers and consolidations among central government-held shipping companies, the head of the state assets regulator said on Tuesday. Xiao Yaqing, chief of state-owned Asset Supervision and Administration Commission (SAS

Chinese iron ore futures steadied on November 6,surrendering early gains, as concerns over tighter supply after BHP Billiton suspended all its iron ore rail operations in Western Australia were offset by a slide in steel prices. The worlds

Hamilton, Bermuda, 6 November 2018 Hegh LNG Holdings Ltd. (Hegh LNG) announces that Hegh Esperanza has arrived at the Tianjin LNG terminal in China and has started commissioning for FSRU operations. Hegh Esperanza is currently serving a thr

Speaking in Manila, the Chairman of the International Chamber of Shipping (ICS), Esben Poulsson, has called for a comprehensive revision of the IMO STCW Convention which governs global standards for the training and certification of around

Wilhelmsen Ship Management (WSM) has entered into two agreements that will set the tone for operational and regulatory framework in autonomous shipping. The first agreement focuses on the development of a safety management system (safety ma

1.The Chinese cruise industry is working on initiatives to stabilize its business environment including negotiating pricing agreements,said Qiang Wu,co-chairman of the China Cruise and Yacht Industry Association and former president of Chin

Hong Kong-headquartered intra-Asia specialist, SITC has made another foray into the newbuildings market with an order for three 2,700 teu boxships from Yangzijiang Shipbuilding. The total cost is US$87.9m. Deliveries of the new orders are s

A ship carrying 130 containers of liquefied natural gas (LNG) tanks set off sailing from Chinas southern island province of Hainan on Sunday, marking the countrys first container shipment of LNG tanks from the south to the north for clean h

Spot rates for shipping containers from Asia to northern Europe in the week ending Friday decreased 1.2 per cent to US$752 TEU, according to the Shanghai Containerised Freight Index (SCFI). Asia-Mediterranean trade rates also fell 1.2 per c

A number of companies that have pledged massive investments in Zhanjiang, such as German chemical giant BASF, which plans to invest $10 billion in a fine chemical project, are participating in the upcoming China Marine Economy Expo (CMEE) i

Tanker owners have experienced similar problems to the container liners with this years jump in bunker costs. The owners have struggled for much of 2018 as rising bunker fuel prices squeeze daily earnings, with shipowners often barely cover