Chinas effective tariff rate has reached the level of the developed countries at 2.41 percent, fairly close to the 1.19 percent of the United States in 2017, said experts. According to the World Trade Organization (WTO), Chinas trade-weight

Supply-side structural reform measures have helped the water transportation sector achieve significant cost savings last year, according to officials. In accordance with the new port fees and billing measures published by the Ministry of Tr

MYANMAR has been holding talks with a Chinese consortium to develop a deep-sea port in Kyaukphyu, western Rakhine state, reports Xinhua. Myanmars Commerce Ministry and the China International Trust and Investment Corporation (CITIC) are exp

SINO-JAPANESE ice-breaking LNG carrier, the 96,844-dwt Vladimir Rusanov, has arrived in the Bering Strait, having carried out a loading operation in the Yamal LNG plant at Sabetta port. The vessel took on LNG in the Yamal LNG plant in the S

Panama and China opened free trade talks on Monday with the aim of crafting an agreement that could turn the Central American country into a hub for Chinese goods across Latin America. Panamas Minister for Trade and Industry Augusto Aroseme

1.A rescue diver from China who made a series of underwater dives to rescue three people from a sunken cargo ship will receive the 2018 IMO Award for Exceptional Bravery At Sea. 2.Sultan Ahmed Al Jaber, CEO of the Abu Dhabi National O

Iron ore futures market extended narrow fluctuation, which dampened traders sentiment, resulting in a RMB3-5/tonne decline in quotation. Traders who traded mainstream iron ore resources were active in offers and showed strong desire to deli

A rescue diver from China who made a series of underwater dives to rescue three people from a sunken cargo ship will receive the 2018 IMO Award for Exceptional Bravery At Sea. A Panel of Judges decided that the rescue merited the highest aw

At 11.42pm on 9 July 2018, the Maritime and Port Authority of Singapore received a report that an Indonesian-flagged ferry, SRI KANDI 99, ran aground on a rock bund at the southern tip of Pulau Tekong, within Singapore port waters. The ferr

Cost growth returned to seafaring in 2018 and is projected to accelerate moderately on recovering vessel earnings and continued shortfall in officer numbers, according to the latest Manning Annual Review and Forecast report published by glo

Sultan Ahmed Al Jaber, CEO of the Abu Dhabi National Oil Company (ADNOC), on Monday expressed his keenness on expanding and deepening energy cooperation with China. The CEO made the comment in an e-mailed statement sent by ADNOC, after he m

Aerial photo taken on July 9, 2018 shows a cargo ship which is about to anchor at Jingtang port area of Tangshan Port, north Chinas Hebei Province. The throughput of Tangshan Port reached 303 million tons from January to June this year, gro

The State Council has issued a statement on expanding imports in order to improve the quality of the domestic supply, meet the upgraded consumption needs of the people, and advance the countrys trade balance. The statement points out that t

The International Maritime Organizations governing body, the IMO Council, has approved the Womens International Shipping and Trading Association Internationals application for consultative status on 5 July 2018. Consultative status gives us

A Unit of container port operator CK Hutchison Holdings and other investors may acquire a small stake in Orient Overseas (International) Ltd (OOIL) as part of Cosco Shippings purchase of Orient Overseas Container Line (OOCL). Cosco explaine