On AUG-14-2023,Evergreen Marine Corp. (EMC) held an official opening ceremony for the newly built Terminal 7 at Kaohsiung Port today. With the vision of new opportunities for the port and the provision of substantial enhancements to trade,

Shanghai International Energy Exchange (INE) on Thursday said the Containerized Freight Index (Europe Service) Futures Contracts (EC futures contracts) will be listed for trading on Friday. The futures reflect freight rates for containers s

Iron ore exports to China from Australias Port Hedland declined 8.02% from a year earlier to 37.21 million tonnes in July, according to the Pilbara Ports Authority. It was also 18.40% lower than June. The shipments to China accounted for 85

Chinas export containershipping price index dropped in July, data from the ShanghaiShipping Exchange shows. The average China Containerized Freight Index (CCFI) stood at 869.89 last month, down 5.3 percent from June, according to theshippin

SHANGHAI, Aug. 17 (Xinhua) -- Shanghais imports and exports reached 2.45 trillion yuan (about 340 billion U.S. dollars) in the first seven months of this year, up 7.4 percent year on year, local customs said Wednesday. Over the period, Shan

OOCL announced a brand new service in our Intra-European Network which will further enhance OOCLs Intra-European service offered to our customers. Trkiye Spain Morocco Express (TSM) TSM will provide a direct connection between Greece, Trkiy

General The period from April to November marks the traditional typhoon season in the waters of the Philippines and China, coinciding with the peak season for nickel ore transportation in the Philippines. Typhoons and tropical storms pose s

Driven by continued growth in minor ore demand in China, global seaborne minor ore exports rose 7% y/y in the first seven months of 2023, vastly outpacing the 2% y/y growth in overall dry bulk exports,says Filipe Gouveia, Shipping Analyst a

Spot rates on the Trans-Atlantic fronthaul trade from North Europe to the US East Coast (USEC) are plummeting rapidly. According to Xenetas platform data, the monthly average rate for a 40-foot standard container (FEU) has dropped dramatica

Recently, CSSC Qingdao Beihai Shipbuilding Heavy Industrysuccessfully signed the first 319,000 dwt VLCC construction project with the European oil tanker giant EURONAV. The VLCC ship signed this time has a total length of 339.50 meters, a m

In partnership with bound4blue, a pioneering developer of wind-assisted propulsion technology, Odfjell will install the innovative eSAIL system on a chemical tanker, making it the first tanker vessel in the world to harness this groundbreak

Singapore, in June 2023. RightShip, NYK, and Solverminds announce their collaboration on a product that links NiBiKi, the NYK Groups common platform for ship-management operations, with RightShips data platform, to transform the workloads o

Containers handled by the Port of Hong Kong during July totaled 1.197m teu, reflecting a fall of 17.9%. Drilling down into the figures, the throughput at the Kwai Tsing terminals was down 18.2% at 932,000 teu, as the midstream operators han

With the objective of consolidating the Republic of Panama as an international center of maritime services, the Panama Maritime Authority (AMP) received from the Inter-American School of Social Dialogue, Tripartism and Conflict Resolution o

NORDEN and Teck Resources Limited , today announced an agreement to reduce CO emissions in Tecks steelmaking coal supply chain. The agreement is expected to reduce annual emissions from Teck shipments handled by NORDEN by 25%, or up to 6,70