With our commitment to environmental excellence, OOCL is proud to receive the Green Shipping Award at the Seatrade Maritime Awards Asia ceremony in Hong Kong on June 28, 2019. Highly recognized as one of the most important events in the ind

1.The Shanghai Futures Exchange revealed that China plans to launch a bonded low-sulphur bunker fuel oil contract that will enable foreign investors to participate in trading by the end of 2019. 2.Six Chinese firms and Lloyds Register (LR)

Spot rates for shipping containers from Asia to northern Europe in the week ending Friday declined by a further 1.9 per cent to US$688 per TEU, while the Shanghai-Mediterranean fell 2.9 per cent to $705 per TEU, according to the Shanghai Co

Visiting International Chamber of Shipping secretary general, Guy Platten confirmed that a China Liaison office will be launched in Hong Kong in November to coincide with this years Hong Kong Maritime Week. A ceremony will be held at the an

In 2018 there were 24 Refusal of Access Orders (ban) issued. This shows a decrease from 32 in 2017. Refusal of access (banning) has been used 77 times since 2016. The detention percentage has decreased to 3.15% (from 3.87%). Consequently, t

1.China will further optimize the business environment in ports to spur cross-border trade, officials from the General Administration of Customs said on Wednesday. 2.China aims to launch a bonded low-sulphur bunker fuel oil contract that wi

Members are reminded that in order to ensure that liabilities for the carriage of cargo on deck fall within Club cover, the contract of carriage must contain an appropriate liberty or be endorsed with a suitable clause. However, a clause su

China aims to launch a bonded low-sulphur bunker fuel oil contract that will allow foreign investors to participate in trading by the end of 2019, the Shanghai Futures Exchange (ShFE) said on Thursday. A 0.5 percent sulphur content cap in s

Hong Kong-based Wallem Group has signed a global key account management contract with Man Energy Solutions that will see the engine manufacturer supply main engines, generators and turbochargers across the Wallem fleet. The global agreement

China will further optimize the business environment in ports to spur cross-border trade, officials from the General Administration of Customs said on Wednesday. Hu Wei, deputy director of the administration, said during a news briefing tha

1.With an annual throughput of over 1 billion tons, Ningbo-Zhoushan Port is the worlds largest port in terms of cargo throughput. At present, 12 licensed players are supplying marine fuel oil for vessels on international voyages with a flee

Hong Kongs Orient Overseas Container Line (OOCL), now a Cosco unit, has announced Asia-Europe sailing cancellations over the next few months. In a statement, the shipping said that in response to the expected low demand in the market, it wa

With an annual throughput of over 1 billion tons, Ningbo-Zhoushan Port is the worlds largest port in terms of cargo throughput. At present, 12 licensed players are supplying marine fuel oil for vessels on international voyages with a fleet

Many prominent members of Hong Kongs maritime community turned out in force last Friday (June 28) to witness the christening of a pair of harbour tugs said to be the most powerful operating in the harbour. The vessels, owned by Hongkong Tow

China raised the security level for its vessels heading through the Strait of Malacca, a key Asian trade route and major oil choke point. The transport ministry advised Chinese-flagged ships to take heightened security steps and increased i