When the World Health Organization announced the novel coronavirus outbreak was a Public Health Emergency of International Concern (PHEIC), it made it clear that it opposed countries imposing travel or trade bans on China. But more than 10,

As an international maritime hub, Singapore has been dynamic with all shipping activities, especially ships bunkering. 50+ majors and independent oil traders provide 45-50 million tons of fuel oil to thousands of ships calling or passing th

1.On February 9, with the smooth operation of electronic delivery of COSCOs first foreign trade order, Liaoning Port Group Dalian Container Terminal (DCT) has the ability to provide electronic delivery of all domestic and foreign trade carg

A black swan event shuts down your most important demand driver, China, and rattles your investors confidence. Your stock plunges, and then, just when everything is really hitting the fan, you have to do that quarterly conference call with

The maritime industry has experienced a longer period with head wind, and it is pleasing to see that our operating results are stronger year over year, says Thomas Wilhelmsen, group CEO, about 2019 results. Commenting more specifically on t

The Dutch registered container ship OOCL Rauma, operated by JR Ship Management based in Harlingen in northern Netherlands, has lost at least five containers on Tuesday, 25 miles north of Ameland off the coast of the Netherlands. The Netherl

1.The coronavirus did not have a major impact on volumes for Chinese ports in January, with the northern port group of Shandong reporting 121 million tonnes of cargo throughput. 2.Patrick Jany joins A.P. Moller - Maersk as Chief Financial O

The Baltic Exchanges main sea freight index inched higher on Wednesday, helped by an uptick in rates for panamax vessels, but sentiment remained negative as the coronavirus outbreak disrupted vessel shipments. The Baltic index, which tracks

1.Diminished trade as a result of the coronavirus outbreak is costing container shipping lines $350 million a week in lost volumes, a new report says. 2.As fate of quarantined passengers and crew debated, 39 more cases confirmed.The total n

Hong Kong-based liner shipping firm, OOCL has offered its view on the current situation in China as it battles the coronavirus and how the liner company is coping. OOCL reveals that most container terminals in China are in normal operations

Diminished trade as a result of the coronavirus outbreak is costing container shipping lines $350 million a week in lost volumes, a new report says, as declining activity in China begins to take a deeper toll on maritime operations from shi

The Baltic Exchanges main sea freight index edged up from a near four-year low on Tuesday, while the larger capesize segment remained in negative territory, as the coronavirus outbreak in China crippled demand. The Baltic index, which track

The demand impact that the coronavirus has had in China is rippling through to much of the rest of the complex London, 11 February (Argus) Oil prices fell sharply in response to a dramatic drop in prompt crude demand from China, much of whi

1.Chinese leisure liners go full steam ahead, forge JVs, create world-class travel ecosystem.The multibillion-dollar Chinese cruise market is evolving rapidly, and a new vista is on the horizon. 2.French oil major Total has refused to accep

According to Wang, the vessel would be a result of in-depth collaborations between Chinese and international companies. The construction of the 323.6-meter-long, 37.2-meter-wide and 72.2-meter-high Vista-class cruise ship needs 25 million c