Editors note: Oil prices slid more than 30 percent over the weekend, partly due to the differences between Saudi Arabia and Russia over cutting production. The steepest decline in oil prices since the Gulf War in 1991 was followed by a rout

Premier Li calls for targeted policies to forestall damage to wider economy China will work to shorten the negative list on foreign investment and encourage financial institutions to increase foreign trade loans to cope with the impact of t

1.Ministry of Transport and the National Development and Reform Commission said port charges for cargo and facilities security will be cut by 20 percent from March 1 to June 30. 2.A total of five international liner ship lines departing fro

10 March 2020: Inmarsat has signed an agreement with Brazil-based startup i4sea to join our fast-growing group of certified application providers for Fleet Data. i4sea will provide a high-precision sea and weather forecasting application wi

HNA Group, which turned to the Hainan provincial government for assistance, has become the largest enterprise in the province after the takeover. The company said it would continue to launch new domestic and international flights connecting

The more special the period is, the more efforts should be made to protect the order. After learning that China ShipbuildingTrading urgently needs to issue a letter of guarantee for the ship owner, theExport-Import Bank of China overcame ma

1.Shell and Bank of Communications Financial Leasing started a cooperation on 12 dual-fuel LR2 tankers with a total contract value of nearly US $ 650 million. 2.A multinational consortium led by the state-owned China Petroleum Pipeline Engi

In the last few days, China has registered a decline of 25% in the carbon dioxide (CO2) emission after many industries and factories remained un-operational due to coronavirus (COVID 19) outbreak. According to an analysis by the Centre for

French shipping group CMA CGM said its operations in China were returning to normal after the coronavirus outbreak crippled traffic last month, forecasting the health emergency would have a limited impact on its results this year. CMA CGM,

The international cruise line sector should upgrade its emergency response standards to better fight potential risks created by the novel coronavirus pneumonia epidemic, a senior executive of Chinas top cruise line business association said

Hong Kong Marine Department will take new arrangement for quality assurance to uphold the quality of the ships in the Hong Kong Shipping Register, with effect from 9 March 2020 (Effective Date). The new arrangement will allow MD(Marine Depa

1.Cargo volumes and ship calls have swiftly rebounded at Chinese ports, confirming that the cogs of global trade are grinding back into motion. 2.Without OPEC+s help to steady the market, U.S. benchmark prices could fall toward $30 a barrel

Seafarers Hospital Society is thrilled to announce that it has appointed Sandra Welch as the new CEO from early May. Sandra joins the Society from the Sailors Society where she has been Chief Operating Officer. The Society is looking forwar

On March 5, the yellowHUANGHAI GLORY, a Hong Kong flagcargo ship with 23 Chineseseafarerson board, was attacked by armed pirates boarding it in the gulf of guinea near Lagos Port, Nigeria. According toXINDE MARINE NEWS, in the face of the t

Finally, some good news about the coronavirus and global supply chains: Cargo volumes and ship calls have swiftly rebounded at Chinese ports, confirming that the cogs of global trade are grinding back into motion. The caveat is that this wa