Total vessel operating costs in the shipping industry are expected to increase by 2.7 per cent this year and by 3.1 per cent in 2019, according to shipping consultant Moore Stephens latest annual Future Operating Costs Survey. The poll reve

Chinas crude oil imports from Iran in September fell sharply from the same month last year in a sign that China has curbed its purchases from the Islamic republic as Washington prepares to re-impose sanctions on Tehrans oil sector. Data fro

For the first time since March the Chinese Customs released the details of the origins of soybean imports into China and they clearly show the impact that the tariffs are having on trade. Seasonally, Chinas imports from the US pick up in Se

1.In a speech given in an international maritime forum earlier in October,Chief Executive Carrie Lam Cheng Yuet-ngor expressed her concern for the maritime industry facing considerable challenges,and she promised she would provide support t

Chinese sources close to the matter confirmed with the Global Times on Thursday that the Myanmar government and Chinas State-owned CITIC Group are expected to sign a framework agreement next week for the construction of the Kyaukphyu Deep S

Three luxury liners dropped anchor at the Xiamen International Cruise Home Port in East Chinas Fujian province on Oct 30, setting a new daily record for luxury liners to pass through the port in one day. Firstly, the liner Costa Atlantica,

Oil prices extended further losses on Thursday, setting the decline on track for the fourth consecutive week, as global supply continued to rise from worlds major oil producers. The West Texas Intermediate for December delivery dropped 1.62

The 13th China Cruise Shipping Conference and International Expo was the center of attention on Thursday in Shenzhen with a full conference program for an estimated 800 attendees, as well as an adjacent trade show exhibition area. The Chine

City says it will seize chance to promote industry to new level in modern logistics Yu Bing, 44, started his career as a terminal operator at Dalian Port in Liaoning province. In 1993, few ships visited, and Yus monthly salary was only 400

1.MacGregor and China State Shipbuilding Corporation (CSSC) have signed a Letter of Intent (LOI) on strategic cooperation on October 29,2018 at an executive level meeting in Beijing. 2.Zhejiang Province plays major role in Chinas import tra

In a speech given in an international maritime forum earlier in October, Chief Executive Carrie Lam Cheng Yuet-ngor expressed her concern for the maritime industry facing considerable challenges. She promised she would provide support to th

Customer experience improves significantly as booking a container with Maersk becomes as easy as booking a flight ticket. Copenhagen 1 November 2018 With the introduction of instant booking confirmation, Maersk customers can now complete th

ExxonMobil has developed a newly formulated 40BN cylinder oil, Mobilgard 540. It is specifically designed to work with the low-sulphur fuels the vast majority of the marine industry are expected to adopt for compliance with the Internationa

Wallem Ship Agency was appointed to handle the recent call of the full-rigged Polish tall ship, the S.V. Dar Młodzieży to Hong Kong. The tall ship arrived in Hong Kong on 26 October 2018 and was berthed at China Merchants Wharf until 29th

Chinas environmental policy has helped to boost scrap usage, according to the Bureau of International Recycling. Most blast furnaces have increased scrap input, and many electric arc furnaces, which process scrap into steel, are being insta