Datong Coal Mine Group, the third largest coal miner after CHN Energy and China Coal, saw its coal shipments to buyers in other regions hit a record high during maintenances to Daqin railway, media reported. The group, located in coal hub o

SOLAR, a Chinese container ship with a capacity of 21,000 TEU (twenty-foot equivalent unit), arrived on Saturday at the CSP Abu Dhabi Terminal of Khalifa Port in the United Arab Emirates (UAE). The CSP Abu Dhabi Terminal, built and operated

1.Babcocks LGE business has been awarded a contract for the LPG cargo handling and Fuel Gas Supply System (FGSS) for the worlds first newbuilding vessel to use LPG as a primary fuel source. The 86,000cbm carrier is being built in China and

Chinas smart cultivation platform Zhenyu No.1 was officially put into operation in the waters of Lianjiang County, east Chinas Fujian Province on Saturday, in a bid to expand marine aquaculture industry. Monitoring the whole platform become

Spot rates for shipping containers from Asia to northern Europe in the week ending Friday was up 2.8 per cent to US$743 per TEU, while the Shanghai-Mediterranean run was up two per cent to $710 per TEU, according to the Shanghai Containeris

HONG KONGs Orient Overseas Container Line (OOCL), now a Cosco unit, has announced that in response to the expected low seasonal demand, the carrier is to cancel four sailings on the Trans-Pacific trade. The cancellation are as follows: Paci

Ten people died after carbon dioxide leaked in a cargo ship at Longyan Port, Weihai city, in east Chinas Shandong Province Saturday, local authorities said on Sunday. The accident happened around 4 p.m., when the ship owned by the Fujian Sh

A DELEGATION from the International Chamber of Shipping (ICS), the Asian Shipowners Association (ASA) and the European Community Shipowners Associations (ECSA) has expressed concern over recent increases in protectionist measures. In a meet

Trade conflicts and geopolitical risks are driving sentiment on ocean shipping rates, particularly in the container market. In liquefied gas sectors, propane transport to Asia is looking increasingly vibrant after a multi-year malaise, whil

1.The EY and Guardtime marine insurance blockchain joint venture company Insurwave Limited have announced a new agreement with Zhuhai Port Holdings Group Co., Ltd. to explore and collaborate on shipping logistics and marine insurance to pro

1.Chinas southwest province of Sichuan signed Memorandum of Understanding (MoU) with the Port of Rotterdam to jointly develop China-Europe multimodal transportation via Chengdu-Tilburg railway link. 2.The Xiamen port in East Chinas Fujian p

The international maritime shipping industry is crucial to the global economy. Shipping vessels transport essential energy commodities like crude oil and diesel, dry bulk goods such as iron ore and grains, and finished manufactured products

The annual Lloyds day in Hong Kong witnessed the usual strong presence of London syndicates this week. But the conversation among many was often of the decimation of a marine syndicates, which has led to many seasoned underwriters losing th

The Very Large Gas Carrier (VLGC) freight rates started to recover towards the end of the first quarter as U.S. consumption reverted to seasonally lower levels pushing U.S. LPG prices down, widening the geographical LPG price arbitrage betw

There are a number of different Key Performance Indicators (KPIs) that are vital for the long-term success of a company. Organisations such as BIMCO release new ones on a regular basis but do people really have the time to sit down, collate