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

The latest Asia Maritime Breakfast Briefing at the Foreign Correspondents Club in Hong Kong was on the subject of hazardous goods and proved to be a timely event. Incidents of containership and bulk carrier fires are being reported on a wee

Hong Kong-listed Kerry Logistics Network Limited has expanded its food-related cold chain capability in Mainland China through the establishment of Kerry Cold Chain Solution Ltd, to tap into the fast-growing domestic market of niche food pr

Chinas foreign trade of goods climbed 4.3 percent year-on-year in the first four months of this year to 9.51 trillion yuan, customs data showed Wednesday. Exports increased by 5.7 percent year-on-year to 5.06 trillion yuan during this perio

1.The first batch of power generating units of the furthest offshore wind farm in China Dafeng offshore wind farm, established by Jiangsu branch of China Huaneng Group Co., Ltd, has come into operation on April 28, sources reported. 2.Globa

DNV GL, the technical advisor to the oil and gas industry, has developed a solution that reduces the risk of offshore floating vessel mooring line failure going undetected by replacing physical sensors with a machine learning algorithm that

1.Hong Kong-based Orient Overseas International Ltd. (OOIL) said that it will sell Long Beach Container Terminal (LBCT) to a consortium led by Australias Macquarie Group for $1.78 billion. 2.Chinas shipbuilding capacity utilization retreate

Hong Kongs Secretary for Transport Housing, Frank Chan revealed details of the Marine Departments first regional desks at the annual Hong Kong Shipowners Association/Marine Department annual lunch last Friday (3 May). Mr Chan, who is also C

Chinas COSCO Shipping Pisces, one the worlds largest container ships with a capacity of 20,000 TEUs, docked at Abu Dhabi Terminal at Khalifa Port in Abu Dhabi, the United Arab Emirates on Saturday, signifying that the service capacity of th

COSCO Shipping Lines and its Ocean Alliance plan to significantly increase the number of calls at the Zeebrugge port, which according to new analaysis from Alphaliner, shows that Cosco is about to realise its ambitions to turn the Belgian p

Spot rates for shipping containers from Asia to northern Europe in the week ending Friday was around US$700 per TEU, according to a poll of spot indices carried out by Londons Loadstar. The Shanghai Containerised Freight Index (SCFI) was un