Carriers are having a harder time adjusting their capacity in periods of undulating demand by hiring and off-hiring charter tonnage as freight rates fall, fuel costs rise and charter market turns in favour of shipowners, reports London's Loa

The 2017 financial results of global logistics provider, Dachser reveals the Asia Pacific region as providing the lion’s share of revenue growth. Consolidated gross revenue overall was EUR6.12bn (US$8.9bn) an increase of 7.2%. But Dachser

China's shale gas production will likely reach 17 billion cubic metres (bcm) in 2020, nearly double the 2017 level, as local oil companies make big progress with drilling technology and cost cutting, consultancy Wood Mackenzie said in a note

A pledge from China to help upgrade Pakistan's railways has prompted authorities to renovate its neglected British rail system, reported Bloomberg.

HONG KONG's Orient Overseas Container Line (OOCL) is cancelling a number of Asia-Europe sailings after "Golden Week" mainland holiday from May 1.

Morning offers of traders generally held steady today. Many traders were playing waiting games influenced by unfavorable futures and derivatives markets. Most small traders replenished their stocks obviously under better market expectation l

Global liquefied natural gas (LNG) markets are expected to be oversupplied until 2022 with capacity utilization forecasted to be in the range of 81-88% on average between 2019-22, but become undersupplied thereafter, according to a report by

The first quarter 2018 results for Singapore-listed HPH Trust saw the port operators net profit fall 13% to HK$145.4m compared to HK$166.9m in 1Q 2017. The drop in net profit was achieved despite a 3% rise in revenue to HK$2.67bn.

China's leading steel hub Tangshan city imposed a series of emergency measures from April 15 to fight against air pollution expected to blanket the city and the surrounding Beijing-Tianjin-Hebei area.

A domestically-developed self-driving electric truck has successfully completed testing at the Tianjin Port on April 12. The truck, equipped with laser radar, high-definition camera, and intelligent computing abilities, completed operations

Moring offers of spot market cargos held stable today and some traders had desire to deliver the cargos under rising futures prices previously. Steel mills are active to make purchases today and market transactions climb up compared with tha

With the IMO’s Marine Environment Protection Committee’s agreement Friday to an initial strategy to cut the shipping industry’s total greenhouse gas emissions by at least 50% from 2008 levels by 2050, it has managed to keep its fierces

Chinese President Xi Jinping on Friday announced a decision to develop the island of Hainan into a pilot free trade zone. Policies and institutional systems for building a free trade port in Hainan will be established "step by step and s

The Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia Information Sharing Centre (ReCAAP ISC) said in its first quarter report that there were a total of 14 incidents in Asia during January-March 2018

Ultra large container vessel COSCO Shipping Gemini, with a capacity of 20,119 20-foot equivalent units, was delivered to its owner on Tuesday in Dalian, Northeast China's Liaoning province.