Presently there is no digital disruptor on the horizon that could rattle the very foundations of the container shipping industry unlike other sectors that have had to face the likes of Uber and Air BnB accommodation. Speaking at the Singapo

Healthy demand combined with muted supply has been the main drivers behind Hong Kong-based Pacific Basins continuing recovery in the third quarter of 2018. Both Handysize and Supramax spot earnings reached their highest third quarter levels

1.Chinas CNOOC plans to expand its LNG project in eastern Jiangsu province to meet rising demand from more regions, state-media China News reported citing a project manager from CNOOC. 2.A giant milling machine arrived in Shanghai on Tuesda

Iron ore shipments to China from Australias Port Hedland terminal rose 5.3 percent in September from a month earlier, port data released on Wednesday showed. Iron ore shipments to China from the worlds biggest iron ore port totaled 37.4 mil

Decision makers at OOCL have expressed growing concerns over the impact on the global supply chain as a result of the US-China trade war to date. The latest round of tariffs covers a much wider spectrum of consumer goods and will certainly

The China-proposed Belt and Road Initiative meets the worlds needs for international cooperation, peace, prosperity, opening-up, innovation and communication, which is why it has gained the support of over 100 countries and regions. The pri

A giant milling machine arrived in Shanghai on Tuesday for the upcoming first China International Import Expo, after a more than 30-day voyage from the German port of Hamburg, its shipper said. The massive machine tool was brought by Waldri

1.2018 International Ship Management and Technology Forum,which organized by Xinde Marine News and China Shipping Service(CNSS) will be held at Dalian Aulicare Hotel on 25th Oct. 2.Hong Kong-based global reinsurer, Peak Re has unveiled Davi

China has choked back on imports of LPG from the United States, traders and analysts said, turning to the Middle East for extra supplies amid the two countries trade dispute. China bought nearly 3.6 million tonnes of U.S. LPG in 2017, makin

Hong Kong-based global reinsurer, Peak Re has unveiled David Cabral as the companys new chief operating officer. Mr Cabral as more than 35 years global (re)insurance experience. He founded a (re)insurance advisory firm with an extensive ran

Guangzhou International Cruise Home Port (GIC) is located in the capital of Guangdong Province, a political, economic and cultural center in Southern China. A converted cargo berth can now host a 150,000-ton ship, with a 4,000-square-meter

1.As an epitome of the achievements made by Chinas reform and opening up,the Ningbo-Zhoushan Port has developed into the worlds first international port which handles one billion tons of cargoes a year. 2.Chinas CNOOC plans to expand its LN

According to the resolution of the 72nd session of MEPC of the International Maritime Organization (IMO), the 0.50% limit on sulphur in fuel oil on board ships will come into effect on 1 January 2020. The resolution is made aiming at promot

Ratings agency AM Best last week awarded Cosco Shipping Captive a Financial Strength Rating of A (Excellent). AM Best characterised as very strong reflecting the companys performance, neutral business profile and the support from its parent

Localization has become a key to Chinese firms success with more and more Chinese investors establishing companies in countries in Europe. Hamburg of Germany is an important transition port in Europe. Containers discharged from this port wi