A.P. Mller Maersk released its annual report for 2018 Thursday, highlighting what chief executive Sren Skou called its transformation from being a conglomerate with operating eight different divisions with a big corporate layer on top to no

The Port of Hamburg handled 135.1 million tonnes of freight in 2018, down one per cent on last year. The total included a record 60,000 freight trains with 1.6 million freight cars, making the gateway Europes top railway port where China re

2M shipping alliance partners Maersk Line and Mediterranean Shipping Company (MSC) are to shelve another Asia-north Europe sailing at the beginning of March owing to weaker-than-expected demand. The 14,500 TEU Estelle Maersk, deployed on th

Xiamen plans to expand its international sea-rail combined transportation based on the booming China (Xiamen)-Europe trains, local media reported on Feb 21. The freight collection scope of the Xiamen-Europe trains has been extended to Taiwa

1.The Inaugural Opening Ceremony Business Event of COSCO Shipping Investment Dalian Co.，Ltd . is held at InterContinental Dalian on 21 Feb, 2019. 2.Shell Marine integrated solutions have saved the equivalent of around $123,000 annually fo

As China is likely to create a giant oil and gas pipeline company this year as part of the nations effort to reform the State-owned petroleum industry, insiders believe the move will shake up the petroleum sector and break the monopoly in t

1.Under the agreement, Zhejiang Seaport Group will invest RMB5bn ($740m) to acquire 20% equity shares in SIPGs subsidiary Shanghai Shengdong International Container Terminal Company, the operator of Yangshan Port. 2.Chinas container shippin

The economic benefits of Chinas steel industry hit a record high in 2018 as the industry continues to press ahead with supply-side structural reforms, with the industrial structure constantly optimizing and the market improving, the website

China National Petroleum Corporation (CNPC), the countrys largest oil and gas producer and supplier, reported strong output and sales in January. The companys Daqing Oilfield, Chinas largest oilfield situated in the northeastern Heilongjian

China saw its crude oil imports in January reach 10.07 million barrels per day, up 5.1 percent year-on-year, figures from the General Administration of Customs showed last week. This was the third time Chinas monthly crude imports breached

1.China National Petroleum Corp., the worlds third-biggest oil company, plans to build 23 new gas storage facilities and expand 10 existing ones by 2030, with working gas capacity exceeding 15 billion cubic meters, the company said Sunday.

Pricing is under pressure ahead of the February 20, 2019 deadline for the marine protection and indemnity (PI) renewal for ship-owners. Competition in the sector remains strong, exacerbated by a growing fixed-premium market, according to a

China National Petroleum Corp., the worlds third-biggest oil company, plans to build 23 new gas storage facilities and expand 10 existing ones by 2030, with working gas capacity exceeding 15 billion cubic meters, the company said Sunday. Th

Russian gas giant Gazprom and the China National Petroleum Corporation (CNPC) have discussed plans for the supply of national gas to China. Gazprom said that the parties reviewed a wide range of issues related to cooperation between the com

What has gone wrong at the start of 2019 with a string of accidents and casualties? I read this opinion article, published on the gCaptain.com web site originally, by Capt Rich Madden, which I wanted to share with followers of the IIMS Link