IF there was ever a year when the outlook for reliability in the international logistics system was more clouded, 2019 and into 2020 would take the prize. It could be quite a ride. In the ocean container space, certain things have changed t

1.BIMCO, CLIA, ICS, Intercargo, InterManager, INTERTANKO, IUMI, OCIMF and World Shipping Council have produced the 2018 (Ver 3) Guidelines on Cyber Security onboard ships which are attached for members reference. 2.Zhejiang province in east

We believe that the industrys supply-demand balance will benefit from a reduced appetite for Ultra Large Container Vessels (ULCVs) among the major carriers, some of which now have their eyes fixed on a bigger prize of becoming global logist

In view of the growth potential in Latin American trade, Evergreen Line is continuing to establish its own offices at main service locations in the region. The move will strengthen the effectiveness of the lines operations, improve its capa

Hong Kong has long been a prime candidate for a terminal alliance, Drewrys senior analyst for Ports Terminals has said following the formation of the Hong Kong Seaport Alliance. Speaking to Port Strategy after the announcement of the allian

1.China will attempt to solve the trade tension with the US during 2019, the countrys commerce minister informed. This decision came after talking with US negotiators last week. 2.Chinas foreign trade volume reached 30.51 trillion yuan in 2

COSCO Shipping Development (Hong Kong), a subsidiary of Cosco Shipping Development, has entered into a sale and leaseback agreement with Japanese leasing outfit Financial Products Group (FPG) for four of the companys box ships. Under the ar

Chinas imports of natural gas surged 31.9 percent year-on-year to 90.4 million metric tons in 2018, setting a record, according to the General Administration of Customs. It also demonstrated that most of the liquefied natural gas came from

Two Chinese shipbuilding companies have expressed intent to invest in the largest Philippine shipyard, debt-riddled Hanjin Heavy Industries and Construction Philippines, the Department of Trade Industry (DTI) said. Drowning in debt, the Phi

On January 7, Chinas Shanghai Waigaoqiao Shipbuilding (SWS), a subsidiary of China State Shipbuilding Corp. (CSSC) has officially announced that it has set up a specialized team for the design of large cruise ships. Specialized Ship Design

Spot rates for shipping containers from Asia to northern Europe in the week ending Friday dropped 1.7 per cent to US$979 per TEU, according to the Shanghai Containerised Freight Index (SCFI). Asia-Mediterranean trade declined 1.7 per cent t

Chinas manned submersible Shenhai Yongshi (Deep-Sea Warrior) finished its first diving this year on Tuesday in southwest Indian Ocean with a harvest of deep-sea samples. The submersible was placed into the sea at 07:30, and dived for over n

S ingapores 2018 Maritime Performance Sustained overall growth; container throughput grew by 8.7 per cent The Port of Singapore maintained a stable performance in 2018. Container throughput grew by 8.7 per cent to 36.6 million twenty-foot e

Chinas foreign trade volume reached 30.51 trillion yuan in 2018, up 9.7 percent year-on-year, reaching a record high in import and export volume, said Li Kuiwen, spokesperson of the General Administration of Customs (GAC), at a news confere

1.Chinas latest liquefied natural gas (LNG) carrier Fanfei was delivered to its user on Tuesday at the Changxing Island of Shanghai.The 290-meter-long carrier is the same size as a medium aircraft carrier.The maximum LNG it can hold is 104