1. Details on China's first batch of free trade ports is expected to be released after the two sessions set to be held in early March this year, China Securities Journal reported Wednesday.
2. The Dragon Ascends - Chinese Owners Dominate VLCC Market
Chinese built ships make up 110 ships of the total 227 VLCCs owned by the five largest owners, with South Korea trailing at 98 VLCCs. Chinese owners are well positioned to weather the down cycle with a young fleet on the water poised to capture the upswing over the next several years.
3. Vale diversifies away from iron ore despite strong China demand
Continued Chinese efforts to reduce pollution will boost demand for Vale's high quality iron ore, the Brazilian miner's chief executive said on Tuesday, even as the world's top iron ore producer seeks to diversify away from the metal.
4. China’s power consumption is expected to rise 5.5 percent in 2018 from the previous year, the China Electricity Council (CEC) said in a statement on Thursday, driven by economic growth and the ongoing coal-to-electricity conversion as part of Beijing’s air pollution campaign.
5. A new cargo shipping service, “Water BRT”, went into operation at Guangzhou’s Huangpu Port on January 23rd. The “Water BRT” can ship both domestic and import-export cargoes together, and is expected to bump up the shipping efficiency to about 20 percent in the future.
On July 30, the worlds largest 24000TEU container ship Ever Ace built by Samsung Heavy Industries for Evergreen Marine made its maiden voyage to Qingdao Port, Sh......
Evergreen Marine Corp. reportedly doled out year-end bonuses of as much as 40 months wages to some of its employees on Thursday. According to local media reports......
Pacific International Lines (PIL, the Group), today announced the Groups unaudited financial results for financial year 2019 (FY 2019) and first half 2020 (1H 20......
Duringthe process of using ECDIS installed onboard, there are lots of questions and doubts raised by the mariner, this may cause confuse when PSC inspection and ......
If you thought that with just an up-to-date engine room and a skilful crew you can set sail on your ship to high seas then you were wrong. A ship along with its ......
On November 2, 2020, Shanghai Shipping Exchange officially launched Shanghai (Export) Containerized Freight Index based on Settled Rates (SCFIS). SCFIS represent......
2020 has been a year with challenges. A.P. Moeller - Maersk had to adapt to unfamiliar and uncomfortable situations and constant change. Therefore Maersk announc......
On the morning of April 17, the unveiling ceremony of China Merchants Jinling Shipyard (Nanjing) and China Merchants Jinling Shipyard (Jiangsu) was held in Yizhe......
Singapore-based dry bulk owner Berge Bulk announces that it had signed agreements with Anemoi Marine Technologies Ltd a global leader in wind-assisted propulsion......
On the afternoon of November 1, 2021, China COSCO SHIPPING Corporation held a meeting of middle-level and above managers. The company announced the decision on t......
.gif)
