The Brazilian dam collapse hasreceived widespread market attention, and it was widely expected that Brazilianiron ore output will be significantly reduced. This led to a sharp rise in ironore prices and an irrational decline in the Baltic C

Danish conglomerate A.P. Moller Maersk informed that Claus V. Hemmingsen steps down as Vice CEO of the group. The companys energy division, which was headed by him, will also be shut down. The Energy division will close down latest by the e

BSNL granted authorisation to provide Inmarsats in-flight and maritime GX services in India 3 April 2019: Inmarsat, the world leader in global mobile satellite communications, today announced that its Indian telecommunications partner, BSNL

1.Hudong Zhonghua Shipbuilding is to co-operate with two of the worlds leading classification societies DNV GL and Bureau Veritas (BV) to jointly develop LNG market. 2.Chinese authorities continue to look at every possible maritime measure

Classification society DNV GL has presented ShipInox with an Approval in Principle (AiP) for its new small-scale LNG carrier/bunker vessel design. It is the first ever class-approved design based on an offshore supply vessel (OSV). With a l

Chinas manufacturing sector saw a stronger than expected rebound last month as the latest manufacturing PMI figures released by the National Bureau of Statistics on Sunday jumped from 49.2 in Feb to 50.2 in March. Almost all sub-indices, in

Hong Kong and Mainland Chinese Courts to Provide Mutual Assistance in Interim Measures in Support of Arbitral Proceedings The Government of the Hong Kong Special Administrative Region (Hong Kong Government) and the Supreme Peoples Court of

1.Tangshan Port set up an inland port in Xian, Shaanxi province in Northwest China, on March 27. The two ports will work together to promote the operation of Xian-Tangshan Port land-sea intermodal transport, and add new momentum to the Xian

Hamburg Sd and The China Navigation Company (CNCo), a subsidiary of the Swire Group, have completed the sale of Hamburg Sds dry bulk shipping business, which includes Rudolf A. Oetker (RAO) and the bulk activities in Furness Withy (London a

London-based Baltic Exchange last week confirmed it would adapt its benchmark dry bulk freight indexes to upcoming marine fuel regulations of the International Maritime Organization, called IMO 2020, by continuing to use vessels not fitted

The Singapore Maritime Week (SMW) 2019 will be held from 6 to 14 April 2019. Organised by the Maritime and Port Authority of Singapore (MPA), the nine-day event will gather experts from around the world to share pertinent insights about dev

Chinas state-owned Cosco Shipping Holdings has warned of trade frictions and high oil prices posing risks for the global shipping industry this year, after confirming that its net profit for 2018 fell by more than half. Following its acquis

Chinese state-owned Shipping and logistics services supplier company COSCO Shipping Lines has signed a low sulfur fuel oil (LSFO) supply agreement with Double Rich Limited, a subsidiary of China Marine Bunker (Petro China). According to the

1.Expanded Cosco Shipping Holdings remained in the black in 2018 with a RMB1.23bn ($183.4m) profit and both its container lines, Cosco Shipping Lines and Orient Overseas International Ltd (OOIL), were profitable and reported significant imp

Spot rates from China to North Europe fell 4.8 per cent on Friday from the previous week to US$684 per TEU, according to the Shanghai Containerised Freight Index (SCFI). Asia-Mediterranean trade fell one per cent to $725 per TEU, Londons Lo