According to the preliminary estimate, the consumption of natural gas in China exceeded 27 million cubic meters in 2018, registering a YOY increase of more than 10%, said a report. The growing Chinese economy and stricter environmental prot

Hapag-Lloyd says repairs have completed on board the fire-stricken containership MV Yantian Express in Freeport Harbour, Bahamas and will depart on Wednesday May 15th. The vessel is currently berthed at the terminal in the Bahamas. Reloadin

In 2017, Gard signed the worlds first insurance industry statement on sustainable marine insurance. Through this statement, we are committed to tackling illegal, unreported and unregulated (IUU) fishing through education, awareness building

At the Annual General Meeting to be held in London today, Bill Thomas, Chairman of Clarksons, made the following trading statement covering the period from 1 January 2019 to 8 May 2019. The trends outlined in the outlook statement within ou

Hong Kong-headquartered Singamas Container Holdings will sell four of its container manufacturing units in China to Cosco Shipping Financial Holdings for US$562 million, confirming an announcement in March of such a sale, reports Singapores

1.Huawei and Guangzhou Port Group will collaborate to establish a 5G port innovation center in Guangzhou city. The center will be built under the framework of the Guangdong-Hong Kong-Macao Greater Bay Area and its announcement was made duri

Landbridge VLCC International, the Hong Kong-based subsidiary of Chinas Landbridge Group announced it had concluded a sale and lease back transaction for a VLCC, with alternative investment form, Varde Partners. The deal was arranged by Par

Classification society DNV GL has awarded approval in principle (AIP) to Hyundai Heavy Industries for the design of a jetty-moored near shore FLNG barge. DNV GL reviewed the design based on the feasibility of constructing the FLNG barge usi

The long-awaited commencement of the Hong Kong ASEAN will take partial effect from 11 June as Hong Kong, Myanmar, Singapore and Thailand begin to honour their commitments under the FTA. The dates of entry into force for the remaining seven

Wilhelmsen Ship Management tightens vendors selection process to reduce plastic usage onboard Vendors will need to demonstrate a viable plan to reduce plastic usage. Wilhelmsen Ship Management (WSM) enforced a new criteria in their vendor s

1.The US has every reason to collaborate with China in the Belt and Road Initiative (BRI) in order to enhance connectivity and jointly mitigate global development issues, according to a senior Chinese diplomat. 2.China International Marine

Chinas container exports from its top 45 coastal ports grew 4.9 per cent in the first quarter year on year to 53.79 million TEU, according to the Ministry of Transport. These ports handled 19.73 million TEU in January; 16.63 million in Febr

1.SS Teos Singamas Container Holdings has entered into an agreement to sell four of its container manufacturing units in China to Cosco Shipping Financial Holdings for a total price of RMB3.8bn ($562m), following on from the announcement of

A NEW semi-automated container terminal in Vado Ligure in northern Italy between Genoa and Nice will open in mid-December, reports Singapores Splash 247. The terminal, jointly owned by Maersks APM Terminals (50.1 per cent), 40 per cent by C

Hong Kongs Orient Overseas Container Line (OOCL), now a Cosco unit, has announced that its enhancing its North Europe service network with the Middle East and Indian Subcontinent by introducing two new services. The new services - IP1 and I