PetroChina or China National Petroleum Corporation, one of the three oil and gas majors in China, has successfully developed the worlds largest ultra-deep gas condensate base. As of March 25, a total 106.6 billion cubic meters of natural ga

The sea route between Taicang, a county-level city in Suzhou and Shimonoseki in Japan has contributed significantly to Sino-Japan economic and trade cooperation over the past 14 years, local media reported on March 26. Suzhou is seen as bei

China Petroleum and Chemical Corp or Sinopec, one of the worlds largest refiners, continued to lead its peers in net profits for three consecutive years, thanks to its refining and downstream integration advantages. Net profit of Sinopec re

Orient Overseas (International) Limited and its subsidiaries (the Group) today announced a profit attributable to equity holders for 2018 of US$108.2 million, compared to a profit of US$137.7 million in 2017. Earnings per ordinary share in

Yang Ming Marine Transport Corporation (Yang Ming) held its 336th Board Meeting on 25th March to approve its 2018 annual financial report. The consolidated revenues of 2018 totaled NTD 141.83 billion (USD 4.70 billion), up 8.21 % compared w

1.Turkeys Yilport Holdins SA is under discussion to purchase a container terminal in Long Beach, California. The discussions are between Yilports businessman, Robert Yuksel Yildirim, and terminal owner Cosco Holdings Co. Yet, the discussion

International Trade and Logistic Park in Xian, Shaanxi province in Northwest China, launched a series of land-sea intermodal cargo transport services on March 25, linking Xian and Ningbo, a coastal city in Zhejiang province, and Xian and Qi

The engines and steerable thrusters supplied by the technology group Wrtsil are delivering excellent performance for two new tug boats operated by the Turkish Directorate General of Coastal Safety. Following successful sea trials, the first

1.Italian Port of Trieste and China Communications Construction Company (CCCC) have signed an agreement that will enable Italian products of small and medium companies to access Chinese markets as well as facilitate infrastructure developme

A new external webinar will take place 02 April: Autonomous and remotely operated ships status and outlook Presenters: Bj?rn Johan Vartdal, Program Director Maritime Researchand Are J?rgensen, Senior Principal Engineer Target group: Shippin

Chinas crude oil futures settled lower on Monday. The most active contract for May 2019 delivery was lost 2.3 percent to 450.2 yuan per barrel, data from the Shanghai International Energy Exchange (INE) showed. China launched its first yuan

COSCO Groups Shanghai Ship and Shipping Research Institute (SSSRI) has completed designs for a record-breaking 25,000-TEU ship, reports Singapores Splash 24/7. SSSRI, a unit of Cosco Shipping, has got the design approved by CSSC No 708 Inst

The Drewry Container Port Throughput Indices are a series of volume growth/decline indices based on monthly throughput data for a sample of over 220 ports worldwide, representing over 75% of global volumes. The base point for the indices is

1.Freight Investor Services is behind the launch of the Baltic Exchange Panamax P8 grains route.The new route offers shipowners and grains market players on the Brazil-China soyabeans route a complementary method of hedging to the existing

In the week wnding Mar-22, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 593.1 points, slightly DOWNLOAD PDF1 Below find the NCFI Weekly Index Data chart: DOWNLOAD PDF2 Source: Ningbo Shipping Ex