From January to June 2020, the cargo volume of Chinese ports was 675213 million tons, a year-on-year increase of 0.6%; the container throughput of Chinese ports was 120.19 million TEU, a year-on-year decrease of 5.4%. The overall downward t

The Baltic Exchanges main sea freight index fell to a more than a month low on Wednesday, dragged down by weaker capesize and panamax rates. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates

Oil prices decreased modestly on Wednesday after data showed an unexpected build in U.S. crude stockpiles in the latest week. The West Texas Intermediate for September delivery lost 2 cents to settle at 41.90 U.S. dollars a barrel on the Ne

Shoei Kisen has selected Imaji Shipbuilding, Japans largest shipbuilder, to build a new fleet of 10,000 container ships, including three 11,500 TEU container ships to be delivered in 2022 and to be chartered to Taiwan Yang Ming Marine. In f

1.North Chinas Tianjin port ranked first in liquefied natural gas (LNG) imports among the countrys LNG import ports in the first half of this year. 2.Brokers report Shoei Kisen has tapped sister company Imabari Shipbuilding, Japans largest

Wilhelmsen Ship Management acquires 50% stake in Ahrenkiel Steamship, a MPC Capital subsidiary Access to Wilhelmsens global network improves service scope and quality for ships under management Joint Venture leverages on a broad range of ac

After a delay of nearly half a year, the three Kamsarmax bulk carriers acquired by China Development Bank Leasing from Japanese owner Nisshin Kaiun have finally been handed over. In January this year, CDB Leasing reached an agreement with N

On July 20, Tianjin Xingang Shipbuilding Heavy Industry was listed to transfer 100% equity and 104,441,5296.63 million yuan of debt of Tianjin Xingchuan Heavy Machinery Equipment. The listing and transfer of the base price is 104,441,5297.6

1.Chinas shipbuilding industry maintained its leading position globally in the first half of the year (H1) as it held sway in three key aspects. 2.China Tianjin Container Freight Index (TCI) stood at 525.25 points on Monday, down 0.08 perce

China Tianjin Container Freight Index (TCI), an indicator of northern Chinas international container freight rates, stood at 525.25 points on Monday, down 0.08 percent compared with the previous working day. The statistical samples of TCI c

Chinas refineries imported and processed record amounts of crude oil in June, and while these are undoubtedly bullish economic signals, its worth noting that flows into storage tanks were also likely at an all-time high. The massive amount

The authority of Posidoniaare announcing the cancellation of Posidonia 2020, originally planned for June 2020 and subsequently postponed to October 2020. They have reached this difficult decision following close consultation with many exhib

On July 15, the 250 passenger polar cruise project independently developed by China Merchants Cruise Shipbuilding obtained AIP certificate from BV. On December 4, 2019, China Merchants Industry Group and France BV Classification Society hel

1.Chinas cargo throughput has increased for three consecutive months, according to Ministry of Transport. 2.Chinas shipbuilders received new vessels orders amounting to 12.5 million dead weight tons (dwt) in H1, higher by 3.4% on year. 3.As

Chinas shipbuilders received new vessels orders amounting to 12.5 million dead weight tons (dwt) in H1, higher by 3.4% on year and accounting for 67.5% of new orders placed globally during the six months, according to the latest data releas