On March 25, Zhuhai Port Shipping successfully completed the acquisition of 60% equity of Guangzhou Yue Gang Ao International Shipping. Guangzhou Yue Gang Ao International Shipping was established in 2018. It is engaged in container transpo

1.On March 25, 2020, COSCO SHIPPING (North America) Inc. donated 1,000 N95 masks to the Town of Secaucus, where the North America Headquarters is located. 2.OOCL says that its China New Zealand Service (CNS) will offer the fastest transit t

China Merchants Energy Shipping announced on March 27 that Hong Kong Ming Wah Shipping, a wholly-owned subsidiary of the company, plans to sign a contract with China Merchants Jinling Shipyard (Nanjing) to order four 62,000 tons multipurpos

Maersk Product Tankers reported improved financial results in 2019, with an increase in revenue to USD 727.7 million (USD 647 million) and a profit before tax of USD 91.4 million (a loss of USD 35 million). Freight markets improved across a

To maintain proper supply lines at seaports and facilitate unhindered cargo movement, the government on Sunday asked all shipping companies not to collect any detention charges on export-import (EXIM) cargo in the wake of the situation aris

The ground-breaking and global business promotion ceremony of Qingdao International Cruise Terminal Area was held on March 28 in Qingdao, a coastal city of Shandong province. Despite the impact of and uncertainty caused by the global COVID-

1.China Merchants Bank Financial Leasing has placed an order at DACKS for the construction of two ultramax bulk carriers. 2.COSCO SHIPPING Ports announced full year results of the Company and its subsidiaries for the year ended 31 December

CMPort and CMA CGM Successfully Complete the Initial Closing of 8 terminals to expand CMPorts global network to 25 Countries and Regions China Merchants Port Holdings Company Limited (CMPort or The Company, HKSE Code: 00144) is pleased to a

1.On March 20th, 2020, Yangfan Group Inked a newbuilding contract of four (4) 1,868TEU containerships from Zhejiang Haigang Shipping Limited. 2.Chinas foreign trade sector has the resilience and growth potential to weather the impact of the

Total net oil and gas production of China National Offshore Oil Corp amounted to 506.5 million barrels of oil equivalent, exceeding 500 million barrels of oil equivalent for the first time, the company said during its 2019 annual results re

Chinas foreign trade sector has the resilience and growth potential to weather the impact of the novel coronavirus disease (COVID-19), a national trade promotion agency said. With strong competitiveness, a stable industrial chain and rapid

Chinas crude oil imports in the first two months of 2020 from top supplier Saudi Arabia rose 26% from a year earlier, while purchases from No. 2 supplier Russia gained 11%, Reuters calculations based on customs data showed on Wednesday. Chi

On March 24, the construction ceremony of the first four 325,000 dwt very large ore carriers built by Yangzijiang Shipbuilding Group was held in Yangzi Xinfu Shipbuilding. The project is financed by Bank of Communications Financial Leasing

CSSC Offshore Marine Engineering issued an announcement that the company sold 27.4214% equity of Guangzhou Shipyard International to China State Shipbuilding Corporation. CSSC paid the transaction consideration by way of non-public issue of

1.ICS stepped up its campaign to keep global supply chains open by issuing an open letter to G20 Governments due to meet. 2.More than 800 cases of laboratory-confirmed COVID-19 cases and 10 deaths occurred during outbreaks on three cruise s