The once-sleepy Greek port of Piraeus has gained a revival and revitalization since its acquisition by a Chinese shipping company a decade ago. Piraeus Port is the second biggest port in the Mediterranean Sea and the largest port in Greece.

China Gas Holdings signed an agreement with CNOOC Gas and Power Group for strategic cooperation on the development of the entire industrial chain of natural gas. Under the agreement, the two companies plan on constructing LNG bunkering stat

Demand BIMCO expected the crude oil tanker market to continue its struggle from 2017, but the magnitude of it has been staggering, as evidenced by the worst freight rates on record. This is particularly true for crude oil tankers, but the o

Kalmar, part of Cargotec, has revised its vision for Port 2060 and is launching a new video to depict how the sustainable future of cargo handling will look like in the year 2060. According to Kalmars renewed vision for cargo handling in 20

China is confident it can maintain its growth momentum in foreign trade amid the ongoing China-US trade disputes, Commerce Ministry spokesman Gao Feng said at a regular press conference on Thursday. When asked about how US tariffs of 50 bil

COSCO SHIPPING Holdings Announces 2018 Interim Results Profit for 1H 2018 Reaches RMB 40 Million (30 August 2018, Shanghai) － COSCO SHIPPING Holdings Co., Ltd . (COSCO SHIPPING Holdings or the Company) (SSE: 601919; HKEx: 1919) today anno

China COSCO Shipping Corp said that its unit, COSCO Shipping Container Lines, has taken delivery of the 20,000 TEU LNG-ready containership, COSCO Shipping Scorpio. The vessel has been build by Nantong COSCO KHI Ship Engineering (NACKS) and

The imported iron ore prices remained unchanged from yesterday in the morning. Affected by the shocking futures market, partial hedging traders are willing to sell resources. While the large number of traders held stable sentiment with norm

1.Italian giant shipbuilder Fincantieri and China State Shipbuilding Corporation (CSSC) have signed a Memorandum of Understanding extending their already existing cooperation to all segments of merchant shipbuilding. 2.Over 30% of global cr

Hong Kong-based bulker operator Jinhui Shipping says it is taking a wait-and-see approach on the installation of scrubbers. We are currently refraining from the installation of scrubbers given the long term technical and commercial viabilit

Verifavia, the worlds leading emissions verification company for the transport sector (aviation and shipping), today urged ship owners and operators to submit their data collection plans to verifiers by the recommended IMO deadline of Septe

Oil prices rebounded on Wednesday as official data showed a larger-than-expected decrease in U.S. crude stockpiles. The U.S. Energy Information Administration(EIA) said in a weekly report on Wednesday that the countrys crude stocks fell by

Hong Kongs Financial Secretary, Paul Chan confirmed Tuesday what many have anticipated when he announced a group of tax incentives to promote marine insurance, reinsurance and specialty insurance. As with anything of an economic nature in H

The Global Maritime Forums Annual Summit 2018, to be held in Hong Kong, has lined up a host of some of the top industry leaders, policymakers, experts and NGOs with the secretary-general of the IMO, Kitack Lim topping the bill. This inaugur

Leading international brake supplier Dellner Brakes AB is launching a brand new range of plug and play electrohydraulic braking systems at this years SMM in Hamburg, combining the very best of Swedish and German engineering, from Dellner Br