The profit of Yang Ming Marine has soared, and the net profit after tax in the first three quarters exceeded NT$100 billion. Yang Mings latest financial report data shows that the companys single-quarter net profit after tax in the third qu

The giant cargo ship Ever Given that blocked the Suez Canal for nearly a week in March has been repaired in east Chinas coastal city of Qingdao, local authorities said Saturday. The ship loaded 5,147 twenty-foot equivalent units (TEUs) at a

Workforce Singapore (WSG) and the Maritime and Port Authority of Singapore (MPA) have rolled out an enhanced Career Conversion Programme (CCP) for Sea Transport Professionals and Associates. Benefitting up to 300 individuals over two years,

Ocean shipping is a crucial part of the worlds interconnected transportation system, and handles more than 95 percent of Chinas global trade. Shipping costs have skyrocketed over the past year, so it was a surprise to everyone when they sta

The relationship between supply and demand had eased, and the freight rates of most routes has fallen Ningbo Containerized Freight Index: In the week ending Nov-5, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange

You want us to do what, Joe? Its not very often that a leader of a large oil producing nation calls on other oil producing countries to actually pump more oil. But this is what Joe Biden asked for at the G20 a couple of weeks ago. This isnt

Overview This BIMCO COVID 19 weekly report for the week ending 12 November covers Argentina, Canada, Indonesia, Italy, Myanmar, Singapore, USA and the latest from the International Maritime Organization (IMO). Every week, BIMCO summarises m

Danish-based marine electronics company, Daniamant, presents its electronic inclinometer,the DanEl-300, which is helping the industry to meet upcoming regulations set by the International Maritime Organisation (IMO). The IMO is making it a

On November 10, the christening and delivery ceremony of the seventh and eighth ship SOLAR RUO YUN and SOLAR KAREN of 8 50,000dwt IMO Ⅱ chemical tanker project of Shandong Shipping was held in Jingjiang, Jiangsu Province. This marks the p

Bangladeshs feeder line operator HR Lines is negotiating with a Chinese shipyard and plans to order several container ships. In October of this year, reports from several ship brokers showed that a Bangladeshi customer ordered 4 2900TEU con

ICBC Leasing signed a contract to order two Newcastlemax large dry bulk cargo carriers. ICBC Leasing will contract to build two 210,000DWT bulk carriers in COSCO SHIPPING Heavy Industry (Yangzhou). It is expected that the delivery time will

The Republic of San Marino has appointedAdmiral GiampaoloBensaiaas the newPermanent Representative to the International Maritime Organisation(IMO), afterthe countryestablishedits newinternational shipping registry in 2021.OnNovember 9th, Ad

The eighth edition of the WindEnergytrend:index continues to draw an optimistic picture of the mood in the international wind industry. Assessments of the market situation are similar across nearly all regions of the world: the current situ

Xeneta , the leading ocean and air freight rate benchmarking, market analytics platform and container shipping index, today announced, Jesper Kjaedegaard as a new board member. Kjaedegaard is a noted ocean freight expert and independent boa

Wan Hai Lines announced the performance data of the first three quarters on November 9. During the reporting period, it realized an operating revenue of NT $157.36 billion, about US $5.67 billion, compared with NT $53.93 billion, about US $