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

Chinas steel futures edged up on Tuesday despite the concerns over escalating tension between the worlds top two economies, as investors expect stronger steel demand from property market. Although the costlier trade war had weighed on finan

A vessel fully loaded with paper pulp left Punta Pereira Uruguay in South America and headed for its destination in Western Europe in the beginning of 2019, marking COSCO Shippings first regular service in the Atlantic Ocean. Since official

1.Chinese bulk shipping operator CSC Phoenix has put its 1986-built panamax bulker Yao Hai up for sale.The company said the Japanese-built 69,497 dwt vessel is going to reach the compulsory scrap age limit by November this year. 2.Chinas Fo

For more than 40 years, preserving the integrity of shipped goods has been a top priority for the CMA CGM Group, particularly in terms of sensitive products such as medicines that directly impact public health and patients quality of life.

1.Chinese southern port operator Zhuhai Port Group is to launch the third phase of a terminal project and build two container berths at Gaolan port to meet its increasing cargo volume. 2.Chinas iron ore futures continued to rise on Monday a