As the supporting event of the 2nd China International Import Expo, World Shipping Summit 2019 was held at National Exhibition and Convention Center (Shanghai). Xu lirong, Chairman and Party Secretary of COSCO Shipping Group, delivered a ke

1.Bank of China and ICBC have received approval from Greek banking authorities to set up branches in the country.The two Chinese banks are expected to tap into the growing demand for ship finance in Greece 2.On 5thNovember, the 2nd China In

Recently, Singapore-based bulk carrier owner Dasin Holdings and Cosco Shipping Leasing entered into a sale and leaseback agreement for 8 supramaxes. Cosco shipping leasing has acquired a number of bulk carriers built by Hantong Ship Heavy I

Hong Kong has finally shown its technology mettle with the announcement that OOCL subsidiary, CargoSmart, has successfully completed a proof-of-concept with eTradeConnect, a multi-bank blockchain consortium in Hong Kong facilitated by the H

1.Chinese domestic prices of LNG have surged recently from LNG plants to storage ports, leading to a 53.33% surge from the beginning of October. 2.Qingdao Port successfully completed automatic loading of 7637TEU export container of MSC Zoe

The Baltic Exchanges main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell to a four-month low on Monday, weighed down by easing rates across vessel segments. The Baltic index, which reflects rates for cap

1.Chinese wind power player China Suntien Green Energy is venturing into liquefied natural gas with plans to set up an LNG import facility in north China by the end of 2022. 2.On the afternoon of November 1, 2019, a delegation led by H. E.

In the week ending Nov-1, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 742.8 points, slightly. Download PDF1 Below find the NCFI Weekly Index Data chart: Download PDF2 Source: Ningbo Shipping Ex

Waning Chinese demand and ongoing softness in Europe have outweighed burgeoning Indian imports to maintain pressure on Asian coal prices in the week through. The Pacific basins reference price for high grade (6,000 kcal/kg) Australian coal

Image caption: Rivertraces SMART ESM (Exhaust Scrubber Washwater Monitor) fully compliant with MEPC 259(68). The Global Sulphur Cap is just around the corner, but of course we all know that. Talk of this hard-hitting, change-inducing regula

1.China will take more steps to standardize marine equipment manufacturing, improve the quality and competitiveness and encourage overseas participation, experts and officials said. 2.Guangzhou Nansha Free Trade Zone Ship Registration Innov

Guangzhou Nansha Free Trade Zone Ship Registration Innovation and Convenience Flag Ship Returning Ceremony was held in Nansha, Guangzhou on 30 October. At the meeting, it was announced that 10 Chinese-funded Convenience Flag ships belonging

Barge operators in Hong Kong and South China are benefitting from improved operational efficiency made possible by new barge initiatives from the Hong Kong Seaport Alliance (HKSPA). With its 12 dedicated barge berths, HKSPA handles 100 dail

Industry alliance looks to integrate market players, raise product quality China will take more steps to standardize marine equipment manufacturing, improve the quality and competitiveness and encourage overseas participation, experts and o

Ningbo Marine announced that the companys controlling subsidiary Zheneng Tongli Shipping plans to purchase a second-hand bulk carrier to purchase a second-hand handy bulk carrier in the near future to update the scrapped ship, with a total