The city of Guangzhou announced the opening of another marine shipping route at Guangzhou Container Terminal on July 31 as a cargo vessel docked at Huangpu from Inchon. The ship Acacia Libra belongs to the South Korean shipping giant Pan Oc

China Coast Guard officers have detained 3,587 people on suspicion of smuggling refined oil and cracked more than 800 such cases since last year, according to the Coast Guard on Tuesday. Meanwhile, they have broken up 18 major smuggling ope

Chinas imported iron ore market is in buoyancy in tandem with marked increase in iron ore futures market at Dalian Commodity Exchange. The production control albeit hinders some demand, while rumors about a decline of Rio Tintos shipment in

Orient Overseas Container Line (OOCL) will continue to operate independently upon closing of the US$6.3bn acquisition by COSCO Shipping, which will make the Chinese carrier the worlds third largest shipping line. An online QA posted on COSC

The global cruise ship orderbook has reached another new record, following July ship orders from Seabourn, Princess, TUI and Lindblad. The newbuild contracts pushed the forward-looking orderbook to 113 ships set to be introduced between now

1.Chinese cargo ship Tian En,which is the first ice-class cargo ship developed by COSCO set sail from east China's Lianyungang City in Jiangsu Province to a European port on Saturday by the northeast passage of the Arctic shipping ro

Oil markets started cautiously on Tuesday, as many traders in Asia were reluctant to take on new positions ahead of the introduction of US sanctions against major crude exporter Iran. Spot Brent crude oil futures LCOc1 were at 73.74 US doll

The image from Internet for reference only. The first ice-class cargo ship developed by China COSCO Shipping Corporation Limited has a unique way of ensuring voyage safety, with all movable items on board fastened to make sure that they wil

The Port of Singapore has played a pivot role in the cooperation between China and Singapore over the past few years. The Port of Singapore lies along the southern Singapore island, with the Strait of Malacca on its west and Singapore Strai

The Hong Kong Maritime and Port Board is issuing invitations to join this years Hong Kong Maritime Week Orienteering Race 2018. Last years race kicked off Hong Kong Maritime Week 2017 by attracting more than 700 participants in the largest

The container shipping world has been cheered by rising spot rates on Shanghai Containerised Freight Index (SCFI) and is now looking forward to a profitable peak season, reports Londons Loadstar. The index, which collates rates quoted, show

Chinas imported iron ore market inches higher on expectation. Iron ore and steel futures market remains buoyant owing to bullish outlook among market participants following news about potential pollutant control measures in heating season.

Norwegian contractor Prosafe and COSCO Shipping (Qidong) Offshore Co have come to an agreement on three newbuild offshore accomodation units being built in China. Prosafe has reached agreements with COSCO and its lenders which will transfor

Chinas targeting of U.S. liquefied natural gas and crude oil exports opens a new front in the trade war between the two countries, at a time when the White House is trumpeting growing U.S. energy export prowess. China included LNG for the f

The top three containerlines in Taiwan - Evergreen, Yang Ming and Wan Hai - are close to contracting for up to 50 feeder vessels, according to Alphaliner and Braemar ACM. The worlds seventh largest boxline, Evergreen, is tendering for two s