The Yantai government hosted an investment promotion conference in Guangzhou, South Chinas Guangdong province on April 20, aiming to attract more local companies to invest in the coastal city. Zhang Bo, deputy mayor of Yantai, expressed his

Carriers serving the Asia-North Europe trade are cancelling sailings to shore up declining spot rates, reports container shipping research house Alphaliner. The North Europe component of the Shanghai Containerised Freight Index (SCFI) slid

Theres been a series of positive news coming out of China lately, suggesting that the stimulus that the Chinese government rolled out earlier in the year is gaining traction. Manufacturing PMI jumped from 49.9 in February to 50.8 in March.

1.Chinese President Xi Jinping called for concerted efforts to safeguard maritime peace and build a maritime community with a shared future on Tuesday during a multi-national naval event marking the 70th founding anniversary of the Chinese

Mr Khaw Boon Wan, Coordinating Minister for Infrastructure and Minister for Transport, witnessed the installation of the 221st and final caisson for Tuas Terminal Phase 1 reclamation today. Commenced in 2015, Phase 1 reclamation works are t

The port area in Taicang, a county-level city in Suzhou, Jiangsu province, saw a double increase of its logistics trade volume in two years, according to a spokesman for the Taicang port area. Statistics from the Taicang port area shows tha

MSC Cruises has posted net income of 348 million euros on revenues of 2.6 billion euros for 2018, compared to net income of 311 million euros on revenues of 2.3 billion euros for 2017, according to its recently released annual report. Ticke

In the week ending Apr-19, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 608.3 points, slightly DOWNLOAD PDF1 Below find the NCFI Weekly Index Data chart: DOWNLOAD PDF2 Source:Ningbo Shipping Exc

The Capesize market looks to be weak again in Q2 as the Vale dam accident and repairs at key ports cut demand for the vessels that typically carry iron ore and coal, according to dry bulk market participants. Freight levels slumped in Q1 af

1.Cosco Shipping Bulk has inked a contract for eight 210,000 dwt bulk carriers newbuildings, plus options for two more with Cosco Shipping Heavy Industry in Yangzhou, Jiangsu province. 2.China will acquire more smart shipbuilding technologi

Beyond Helsinkis stunning oceanic horizon lies a myriad of hidden, unspoiled islands just waiting to be explored. A mosaic of narrow channels and passages the archipelago is a sight to behold from the citys coastline and yet it is only enjo

The International Maritime Organizations 2020 marine fuel regulation is likely to be net bullish for Asian light distillates, as attempts to maximize middle distillate yields will tighten gasoline production, which in turn will ripple throu

1. At the moment we have a quite profitable business in China, but its small in relation to the size of the country, said Ben van Beurden, CEO of Royal Dutch Shell Plc. So while I am happy with the results from China, the country needs to p

Leading classification society, ABS, and representatives of the Cargo Incident Notification System (CINS) are teaming up to develop actionable recommendations to help mitigate risks posed from the stowage of dangerous goods on containership

Global energy giant plans to continue working with SOEs to help local players better develop domestic resources Global energy giant Royal Dutch Shell Plc plans to expand its presence in the country in both the upstream and petrochemical man