1. COSCO SHIPPING Lines has had a big year in 2019 as it became widely acknowledged that it was now the worlds third biggest international container carrier having moved up from fourth place. 2. The China Ningbo Containerized Freight Index

COSCO SHIPPING Lines has had a big year in 2019 as it became widely acknowledged that it was now the worlds third biggest international container carrier having moved up from fourth place. This came about when all the calculations were in w

The China Ningbo Containerized Freight Index (NCFI), a wind vane of Chinas busiest ports freight rates for the international container shipping market, stood at 785.4 points Friday, rising by 16.5 percent against last week. The NCFI is issu

Chinas crude oil output grew 0.3 percent year on year in October, a slower increase than the 2.9-percent rate registered in September, official data showed. The countrys crude oil output came in at 16.19 million tons last month, bringing th

Spot rates for shipping containers from Asia to northern Europe in the week ending Friday jumped 9.1 per cent to US$766 per TEU. Asia-Mediterranean increased six per cent to $730 per TEU, according to the Shanghai Containerised Freight Inde

Fitchs Sector Outlook: Negative We maintain a negative sector outlook for global shipping because of the forecast slowdown of global economic growth and a balance of risks skewed to the downside. All shipping segments have been demonstratin

1.CMB Financial Leasing has signed a sales and lease back agreement with Stolt Tankers, the world s largest chemical tanker owner, for up to 20 chemical tankers. 2.Greeces shipping minister has made a high-profile appeal to governments and

28 November 2019: Inmarsat and ABB Marine Ports, two driving forces behind maritime digitalisation, have signed a milestone Master Supply Agreement. The implementation of the agreement tackles an obstacle identified by ship owners themselve

Central China Logistics Hanya 1, the tailored 500-TEU vessel for the Wuhan-Japan direct container shipping route, departed the Yangluo port in Wuhan, capital of Central Chinas Hubei Province, and headed for Japan early on Thursday. In five

On November 21, local time, the COSCO SHIPPING Charity Foundation donation ceremony for the Children Included program was held at the Port of Piraeus in Greece. Mr. Antonios Avgerinos, President of the Hellenic Red Cross, Mr. Yiannis Plakio

Congratulations to Panama for the 198 independence anniversary. On November 28, 1821 Panama got its independence from Spain. November is a special month for Panama because it was also in the month of November (3rd, November 1903) that they

1.According to the official information of Hudong-Zhonghua Shipbuilding Group, China State Shipbuilding Corporation welcomed its first big order after its official establishment! 2.Eagle Bulk Shipping (EBS), the US-based fully integrated sh

Rio Tinto Group lifted its spending on new iron ore projects in Australia to more than $4 billion with the approval of a replacement mine at a key hub, providing a further sign of the industrys confidence in demand led by China. London-base

Chinese oceanographic research ship Xiangyanghong 06 has set sail from the city of Zhoushan in East Chinas Zhejiang province to start a research expedition in the East Indian Ocean, according to the Ministry of Natural Resources. The voyage

Chinese rebar prices rose for a 10th consecutive trading day Monday, the longest stretch of back-to-back rising prices on record, supported by supply shortages and a firmer property market that could spur demand for construction steel. In B