China Merchants Port Holdings (CM Port) has invested the final tranche of USD 584.2 million in Sri Lankas Hambantota Port after acquiring an 85 percent stake in the port last year. The cheque to the effect was handed over to the Chairman of

The Port of Hong Kong saw container throughput slide 5.4 per cent in May to 1.73 million TEU compared to the same month last year when throughput totalled 1.82 million TEU. On a year on year basis May was the fourth month in a row that cont

Chinas imports of liquefied natural gas (LNG) rose in May as the country continued its switch from coal and oil to natural gas in a push for cleaner air. China imported 4.15 million tonnes of LNG last month, up 42.8 percent year-on-year, ac

1.ILLUSION PLUS, Chinese-built super yacht and the largest super yacht in Asia, started the seatrails after departing from the port in Yantai, China, and successfully finished its sea trial on 24th June, 2018. 2.China Merchants Po

Under the terms of the MoU, the Liberian Registrys technical competence will be employed to help shipyards and shipowners improve their innovative strategies. The CCS MoU has a particular focus on innovation and technology within the intern

Chinas imported iron ore market was relatively stable. Futures market at DCE rose slightly while steel mills were not willing to accept the price hike, thus a few transactions were concluded. PB fines were traded at RMB453/tonne in Tangshan

China Merchants Port Holdings Co (CMPort) finalized the acquisition of the Australian port of Newcastle, according to the companys website. Newcastle, located in the state of New South Wales, is the largest port on Australias east coast, an

Secretary for Commerce and Economic Development Edward Yau says Hong Kong is worried about the worsening trade row between China and the US given that 17 per cent, or HKD60 billion (US$7.6 billion) worth of Chinese exports in question passe

Chinas Cosco Shipping Lines has held a naming and delivery ceremony at Jiangnan Changxing Shipbuilding for its latest 14,500 TEU newbuild that has been named Cosco Shipping Denali. Flying the flag of Hong Kong, the 366 metre long and 51.2 m

Chinese companies have invested billions of dollars in planned steel and coal projects as they chase new markets by shifting production to south-east Asia. In the past four years, Chinese steel companies have funded 32 million tonnes of ann

Worldwide Cruise Terminals, manager and operator of Hong Kongs Kai Tak Cruise Terminal achieved a new local record-setting highest throughput day of 15,307 cruise passengers on 15 June 2018. On the day the Terminal hosted two mega cruise sh

The International Maritime Organizations mode of operation is being subjected to growing complaint in, at a time when nerves are stretched in the run-up to the global 0.5% sulphur cap on 1 January 2020. The latest antagonists are Australia

1."Chinese seafarers career happiness index" has been released in Dalian Maritime University on June 25,the international seafarer day, which is jointly?conducted by the Institute of Shipping Development of Dalian Maritime University and Xin

Chinas imported iron ore market was relatively active with prices trending upwards. Australian fines in northern China markets rose by RMB5/tonne or so, and Brazilian high grade iron ore resources and iron ore lumps saw a larger growth. Inf

US boat makers Wednesday urged President Donald Trump to immediately withdraw high tariffs on alloy aluminum sheet imports from China, saying these harmful policies will cost American industries dearly. The administration claims their trade