On June 1, Master Plan for Hainan Free Trade Port was officially announced. On the same day, Hainan Maritime Safety Administration issued a Certificate of Ships Nationality for COSCO SHIPPING XING WANG. COSCO SHIPPING XING WANG to be launch

1.MPA and NUS Enterprise announced the launch of Smart Port Challenge (SPC) 2020 under Port Innovation Ecosystem Reimagined @ BLOCK71 (PIER71). 2.Houston-headquartered OSV owner Seacor Marine Holdings has sealed an agreement with Cosco Ship

The 13th Meeting of the 7th Board of Directors of China State Shipbuilding Corporation was held on June 3, 2020. After voting, the meeting deliberated and adopted the plan on adjusting the composition of the 7th board of directors of CSSC:

The container spot freight rates from China East Main ports to US West Coast ports rose to USD 1,837 per FEU on 1 June 2020, a 5% increase from the previous week. The rise marks a positive development despite the Covid-19 crisis which is ex

The way many national governments have neglected seafarers distress during the COVID-19 pandemic, by obstructing crew changes for months on end, will not be forgotten. But most responsible ship management companies have fought hard to get c

The Maritime and Port Authority of Singapore (MPA) and NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), today announced the launch of Smart Port Challenge (SPC) 2020 under Port Innovation Ecosystem Reim

The Notice of Readiness (NOR) clause in a previous fixture may not have the same effect if used in a new fixture.Shipbrokers should bear this in mind when copying wordings from previous fixtures says the International Transport Intermediari

Chinas foreign trade is expected to show a stable recovery in the second half of the year on the back of a notable improvement in the industrial, supply and service chains as well as from major trade events like the upcoming Canton Fair and

1.China will build its first liquefied natural gas bunkering center for international vessels in the city of Shenzhen as part of a deal signed on Wednesday. 2.COSCO SHIPPING Energy Transportation resolved to approve the proposed merger by a

The board of directors (the Board) of COSCO SHIPPING Energy Transportation Co., Ltd. resolved to approve the proposed merger by absorption (the Proposed Merger by Absorption) by the Company of COSCO SHIPPING Tanker (Shanghai) Co., Ltd.* (Sh

Chinas oil demand has recovered to more than 90% of the levels seen before the coronavirus pandemic struck early this year, a surprisingly robust rebound that could be mirrored elsewhere in the third quarter as more countries emerge from lo

The lack of ullage at the tank farms of Chinas key Qingdao port has forced VLCCs arriving at the port to wait for up to three weeks before being able to discharge their cargoes, freight market sources said. There are currently 20 VLCCs queu

Classification Society DNV GL, has launched a new certification in infection prevention for the maritime industry. The custom certification aims to help the maritime industry resume operations better prepared for COVID-19 or other emerging

A liner ship belonging to China United Lines Ltd (CULines) arrived at the third phase of the container wharf at Nansha Port on May 30, marking the official start of operations of the regular shipping line between the South China area and Ta

China Tianjin Container Freight Index (TCI), an indicator of northern Chinas international container freight rates, remained at 546.55 points on Wednesday. The statistical samples of TCI cover 19 international shipping routes departing from