Benefiting from the strong demand for container shipping and rising freight rates, Wan Hai Lines delivered a bright performance in the first half of the year, with a year-on-year profit growth of 18 times, and a promising performance in the

On August 16, the first domestic pure electric tugboat Yungang Electric Tug No. 1 independently built by LianyungangPortHoldingGroup was delivered for trial operation in Lianyungang, Jiangsu. The ship has a total length of 35.5 meters, a wi

Chinese coking coal futures closed slightly higher on Tuesday, after falling as much as 3% in morning session, hurt by expectations of cooling demand from mills and coking plants, while supply-side shortages were expected to recover. Chinas

Chinas tracking vessel Yuanwang-6 departed on Tuesday from its home port in East Chinas Jiangsu province for a new round of monitoring missions in the Indian Ocean. Yuanwang-6 will operate at sea for around 76 days in this round of maritime

For the First Half of 2021 Revenue for the period: US$48 million Net profit for the period: US$91million included reversal of impairment loss on owned vessels of US$65.5 million Basic earnings per share: US$0.831 For the Second Quarter of 2

Jiangnan Shipyard complied with the market demand of carbon dioxide transportation, the development of ammonia fuel engines, and Jiangnans latest generation of semi-cooled and semi-pressurized C-tank liquefied gas ships, and timely launched

In broad terms, the changes agreed by BIMCO, ICS, INTERCARGO, INTERTANKO, and OCIMF, representing the global shipping and oil industries, will reduce the HRA boundaries to the Yemeni and Somali Territorial Seas and Exclusive Economic Zones

On the morning of August 16, New Times Shipbuilding held a christening and delivery signing ceremony for the 24# 50,000DWT chemical tanker SOLAR RUBA built for Shandong Shipping Corporation. 24#50,000DWT chemical tanker is the fifth of the

Disruption to the shipping industry caused by port delays and higher container costs could continue into next year, impacting global trade and economic growth, and pushing up consumer prices, according to industry leaders. A partial closure

Transportation demand remained high, and North American routes continued to rise Ningbo Containerized Freight Index: In the week ending Aug-13, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 3817.

The Baltic Exchanges main sea freight index, which tracks rates for ships carrying dry bulk commodities, jumped to its highest in over a decade on Monday, powered by rising demand across vessel segments. The overall index, which factors in

Chinas shipbuilding sector will enter a high-growth period this year, driven by soaring demand of global maritime trade and many shipping groups moves to adopt smart and green vessels, industry officials said on Monday. Chinese shipyards co

SITC International Holdings announced its 2021 interim results, achieving revenue of approximately US$1.334 billion, a year-on-year increase of approximately 79.6%; Gross profit increased by approximately 251.5% to US$557 million, and profi

Bunkers Up, WS100 Will Follow The past couple of years have been very turbulent in many international markets due to the global pandemic. We have seen very wide swings in prices of different raw materials, including crude oil. Brent futures

ODeX Pay Later Solutions powered by DBS aims to empower over 8,500 SMEs in the shipping industry Industry-first platform-based postpaid lending program; offering an unsecured credit line up to INR 50 lakh Enables ODeX customers to streamlin