Privately-owned shipowner SITC International which is listed in Hong Kong, announced its 2019 financial report. For the year ended December 31, 2019, revenue was approximately US $ 1.554 billion, up approximately 7.2% year-on-year; Sharehol

1.Privately-owned shipowner SITC International announced its 2019 financial report. For the year ended December 31, 2019, revenue was approximately US $ 1.554 billion. 2.Chinas southern coal import region of Xinsha in Guangdong province has

Increasing numbers of COVID-19 cases are now reported in countries across all continents except Antarctica, and the rate of new cases outside of China has outpaced the rate in China. All ships undertaking international voyages, and particul

Chinas coastal bulk freight market has seen a decline in general demand in the week ending Friday, according to the Shanghai Shipping Exchange (SSE). The composite index for coastal bulk freight fell 0.4 percent week on week to 901.18, the

Despite the COVID-19 delays impacting many of Chinas repair shipyards, SeaQuest Shipmanagement has ensured that a clients handysize bulk carrier completed her second special survey, dry-dock and Ballast Water Treatment System (BWTS) retrofi

There are signs that shipping operations in China are returning to normal, according to figures from Lloyds List Intelligence, which show the number of container-related vessel calls at the major container hub of Shanghai and Yangshan have

The ship sank at around 1500 Beijing time Mar 14, of 13 crew, 10 were rescued, 3 are missing. Cargo ship JING WEI 188 sank reportedly, on Mar 14 or 15, in southern Taiwan Strait south of Xiamen, 3 crew are missing. The ship was en route fro

1.Coronavirus infections in China have markedly declined in recent weeks, but the Asian giants economic recovery may be held back by the global outbreak, 2.Taiwans Evergreen has rolled out online booking platform, GreenX to provide shippers

Taiwans Evergreen has rolled out online booking platform, GreenX to provide shippers and forwarders instant quotes and allow them to book space with prioritised equipment within minutes. Launched in January, the platform has received 2,000

Viking Cruises announced it is cancelling cruises through April 30, becoming the first major cruise line to take such drastic measures in response to the coronavirus pandemic. Cruise line Viking has decided to temporarily suspend ocean and

Even before the effects of the coronavirus, the Phase One agreement between China and the US failed to boost volumes of the implicated goods in January. In fact, exports of the manufactured, agricultural and energy goods included in the dea

1.VLCC freight rates surged in Asia Wednesday as Saudi Arabian shipping company Bahri chartered 14 tankers ahead of Aramco output hike. 2.The board of directors of COSCO SHIPPING Specialized Carriers elected Mr. Chen Wei as the chairman of

On March 10, COSCOSHIPPING Specialized Carriersissued an announcement saying that Ding Nong resigned as chairman due to job changes. The board of directors of COSCO SHIPPINGSpecialized Carriers elected Mr. Chen Wei as the chairman of the co

VLCC freight rates surged in Asia Wednesday as Saudi Arabian shipping company Bahri chartered more than a dozen VLCCs from the spot market with the country planning to step up crude output by 3 million b/d from April, market participants sa

Saudi Arabian shipping company Bahri has booked 14 super tankers to load crude oil in late-March, Reuters reported sources as saying. The spike in bookings follows the announcement by Saudi Aramco yesterday that it plans to ramp up producti