Chinas ports have handled just under 5.5 billion tonnes of cargo from January through May, a surge of 6.7 per cent compared to the same five months last year, according to the Ministry of Transport. In May, Chinas ports handled 1.2 billion

Spot rates for shipping containers from Asia to northern Europe in the week ending Friday fell 2.1 per cent to US$701 per TEU, while the Shanghai-Mediterranean run edged down slightly to $726 per TEU, according to the Shanghai Containerised

OOCL is very honored to receive the Top Ranked Carrier 2019 award, an achievement that would not have been possible without the strong votes of confidence from members of the Agriculture Transportation Coalition (AgTC) community who partici

1.Cosco Shipping Energy Transportation has approved a proposal for its 51% owned joint venture, Cosco PetroChina Shipping, to join the bidding for four 28,000 dwt product tankers. 2.EVE Energy, a Chinese lithium battery producer, has entere

Since its inception with the speech by Chinese leader Xi Jinping in 2013, the world has been trying to get its collective head around the BR concept and its likely impact. Since 2013, the media has been replete with contradictory stories, f

Haizhuang Wind Power (HZ Wind) under China Shipbuilding Industry Group Co., Ltd announced that the construction of its first-ever self-made 300 MW offshore wind power project has commenced in Dalian sea area, the company said on June 26. It

Oil prices fell on Friday, as the market was dampened by a surge in U.S. crude oil output in April and increased U.S. oil rig count this week. The West Texas Intermediate for August delivery decreased 0.96 U.S. dollar, or 1.62 percent, to s

International Maritime Organization (IMO) has been preparing ahead of the implementation date. From 1 January 2020, under IMOs MARPOL convention for the prevention of pollution from ships. Accordingly, the sulfur content of fuel oil used by

\ Seaborne trade keeps the world going. According to data released last year by the United Nations Conference on Trade and Development (UNCTAD), international seaborne trade expanded by 4 per cent in 2017 the fastest growth since 2012 and t

1.Evergreen Marine Corp achieved revenue growth of 24 per cent over the first five months of the year to total NTD77.1 billion (US$2.48 billion), driven by the expansion of cargo volumes to the US and Southeast Asia. 2.Chinas Rizhao Port Gr

With tensions rising in the Persian Gulf area following recent attacks on two tankers, War Risk underwriters are charging Additional Premiums (AP) for calls to the Arabian Gulf/Gulf of Oman. Some underwriters are charging a flat rate for al

In conjunction with the World Hydrography Day 2019, Dr Lam Pin Min, Senior Minister of State for Transport and Health, today announced the launch of GeoSpace-Sea, a new National Marine Spatial Data Infrastructure . GeoSpace-Sea will harness

Smart Port Challenge 2019 to Forge Collaborative Innovations Between the Maritime Industry and Start-Up Communities PIER71 to create opportunities for emerging entrepreneurs to innovate and excel At Innovfest Unbound1 2019, Dr Lam Pin Min,

Frank Coles, chief executive of Hong Kong-based shipmanager, Wallem Group has thrown the cat among the pigeons in the ship management sector with his advanced views on digitalisation of the shipping sector since joining the firm last Octobe

Hong Kongs Fleet Management chose the Day of the Seafarer to show off its brand new premises at 27/F South Island Place, Wong Chuk Hang, a location proving increasingly popular with Hong Kongs maritime community. Attended by Fleets full off