30 March 2021, COSCO SHIPPING Energy Transportation Co., Ltd. ( the Company, stock code: 600026.SH/01138.HK announced its 2020 annual result. Revenues of the Comapny increased by approximately 18.58% to approximately RMB162,98 million. Prof

In the Chuanshan port zone at Ningbo-Zhoushan Port, Zhejiang province, thousands of ocean shipping containers are waiting to head out to sea as demand for goods remains high at home and abroad. Our employees have been busy, and havent had m

China National Offshore Oil Company, or CNOOC, said on Tuesday its gas and power unit would fuel 50 gas-powered vessels to be built by a state-run shipping group as part of the countrys gasification push. The vessels, all for dry bulk shipm

Products targeted for exports piling up on wharves as raw material costs increase rapidly due to contagion constraints Surging overseas orders for Chinese goods are creating rising pressure on ports and shipping companies, and related parti

COSCO SHIPPING Development Co., Ltd. announced the consolidated results of the Company and its subsidiaries (the Group) for the year ended 31 December 2020(the Period). In early 2020, the COVID-19 pandemic swept the world and hit the global

Once again seafarers are falling victim to the lack of focus and joined up thinking from leaders of governments and the maritime industry, which has become apparent during the current on-going crew change crisis. The vaccination lottery tha

Seaspan Corporation (Seaspan), a wholly owned subsidiary of Atlas Corp. (Atlas) announced that it has entered into an agreement with Jiangnan shipyard for six 15,500 TEU modern newbuild container ships (the Vessels) with anticipated deliver

Shipping operates 24 hours a day, seven days a week, and 365 days a year, and is responsible for carrying more than 80 percent of the global trade by volume. Vessels transport not only big shipments such as crude oil or iron ore, but also g

The Baltic Exchanges main sea freight index that tracks rates for ships ferrying dry bulk commodities declined on Tuesday, weighed down by muted demand across vessel segments. The Baltic dry index, which tracks rates for capesize, panamax a

COSCO SHIPPING Ports Limited, the worlds leading ports operator, today announced full-year results of the Company and its subsidiaries (the Group) for the year ended 31 December 2020. 2020 Fourth Quarter Results Highlight Revenue increased

March 29, 2021 - Evergreen Line confirmed that EVER GIVEN has been successfully refloated within the Suez Canal at approximately 15:04 March 29 local time. In order for the Canal to resume normal operation, the vessel is leaving the groundi

Shippers are facing increasingly difficult negotiations over long-term contracted rates in a market described as nothing less than red hot. Rates climbed by a further 2.2% in March, consolidating gains of 9.6% in February and 5.9% in Januar

Salvage teams freed the Ever Given in the Suez Canal, according to maritime services provider Inchcape, almost a week after the giant vessel ran aground in one of the worlds most important trade paths. While the ship is floating again, it w

The market volume gradually picked up, the composite index rose slightly Ningbo Containerized Freight Index:In the week ending Mar-26, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 2040.2 points,

Chinas light cycle oil, or LCO, imports are expected to rally in March/April amid a possibility of imposition of consumption tax on the fuel in May, traders said. LCO, mainly supplied by South Korea, is a common blendstock for gasoil and it