Ocean carriers sold half of this years containerships for scrap in the last 30 days, after a slow year for recycling cellular vessels, reports Washington DCs Supply Chain Dive. Some 52 ships totalling 94,000 TEU, were sold for scrap in 2018

Genting-owned Dream Cruises has been attracting Mainland tourists arriving in Hong Kong via the newly opened high-speed rail service. As the only cruise company with year-round home-port deployment at Kai Tak Cruise Terminal, Dream Cruises

1.Shanghai Waigaoqiao Shipbuilding Co Ltd delivered a 400,000-ton very large ore carrier (VLOC) to China Merchants Energy Shipping Co Ltd on Wednesday. 2.Steel and raw material prices in China tumbled this week,with iron ore being particula

Vestdavit has secured a major breakthrough for its MissionEase multi-boat handling system for mission bays, after winning the contract to equip the Nexans flag ship cable layer Nexans Aurora. The high-end Nexans cable laying vessel (CLV) ha

Global steel production grew by 62.4mt or 4.4% year-on-year during the first ten months of 2018. Growth was once again driven by China as it accounted for about 42mt of the incremental increase in output. Chinese growth accelerated in Septe

1.HONG KONGs Modern Terminals Limited(MTL) and Singapores PSA International have signed on to blockchain cargo documentation systems to speed delivery and reduce fraud. 2.China will leverage on its successes in developing a vibrant blue eco

Maritime courts play an important role in providing judicial guarantees for international shipping and international trade, according to Luo Dongchuan, vice-president of the Supreme Peoples Court (SPC), who was speaking at a maritime judici

China will leverage on its successes in developing a vibrant blue economy to promote global cooperation in areas that advance the green agenda, food security, peace and stability, an official said late Tuesday during a side event at the blu

HONG KONGs Modern Terminals Limited (MTL) and Singapores PSA International have signed on to blockchain cargo documentation systems to speed delivery and reduce fraud. MTL has become a participant of TradeLens, a blockchain platform develop

1.To continue to provide customers across the globe with greater access to ABBs high-quality service and parts, ABB Turbocharging has announced the establishment of a branch office of ABB Jiangjin Turbo Systems Co., Ltd. in Zhoushan. 2.Club

Vessel operating costs increased 1.1 per cent in 2018, and 0.7 per cent in 2017, after two years of declines, said Londons Drewry Maritime Research. According to its Ship Operating Costs Annual Review and Forecast 2018/19 report, such incre

Zhejiang Pilot Free Trade Zone is expecting its oil products storage capacity to surpass 40 million cubic meters by 2020, an official said. The FTZ has been pushing forward the construction of an international oil base in the zone, and the

GTMaritime has signed Marinesat as a value-added reseller to deliver its maritime-optimised communication solutions to vessels in China and other markets. The agreement with Marinesat is GTMaritimes first partnership within the Chinese mark

1.QTerminals announced that it has received approval to design, develop and operate Phase II of Hamad Port.QTerminals is the newly-established operator of the first phase of Hamad Port.The latter signed an MoU with China Harbour Engineering

Following a whirlwind Hong Kong Maritime Week chock-a-block with great organised activities, and formal and informal networking amidst thousands of maritime professionals, the numbers are now coming in. 1 The 8th Asian Logistics and Maritim