The Hong Kong-based maritime transport company Pacific Basin Shipping, has announced unaudited interim net profit of US$30.8 million (HK$241.74 million), compared with a net loss of US$12 million last year. The international dry bulk shippi

Discover - Share - Donate - Thank --Ship Market Trend English and Chinese version writing and donating processes. In my 25-year shipping career life, I have worked in Shanghai, Korea, London, and Hong Kong. For the last ten years of my care

1.Cosco Shipping Ports (CSP) announced that it had sold a 10 percent stake in its CSP Zeebrugge Terminal to French container transportation and shipping company CMA CGM Group's container terminals unit's CMA Terminal. 2.Four million tons

When I came to Shanghai 30 years ago, the first impression was the large population. There were very few cars on the street and bicycles everywhere. There was only one underground tunnel in the city, and some shipyards could be seen on the

Oil prices continued to rally on Thursday as Saudi Arabia suspended oil shipments through a key Red Sea strait. Saudi Arabia said on Thursday that it was temporarily halting all oil shipments through the strategic Red Sea shipping lane of B

The Ministry of Communications has issued a plan that highlights supporting Hainan to fully open up its international shipping business to promote the in-depth reform and opening-up of the tropical islands transportation industry. Drafted t

Cosco Shipping Ports (CSP) announced that it had sold a 10 percent stake in its CSP Zeebrugge Terminal to French container transportation and shipping company CMA CGM Groups container terminals units CMA Terminal, industry website container

The image from Internet for reference only. ABB has announced that it will support the performance and fuel efficiency of COSCO Shipping Universe, Chinas largest ever containership at over 21,000 TEU, by providing its turbochargers. Deliver

Iron ore spot markets remain quiet, showing little reaction to news that Chinese policymakers are moving to shore up economic growth. The price for benchmark 62% fines slipped 0.3% to $65.57/t on July 24, according to Metal Bulletin, pullin

1.China's LNG price jumped by 11.1% from ten days ago to 4321.7 yuan/t ($633.5/t) over July 11-20, showed data from the National Bureau of Statistics (NBS) on July 24. 2.General Electric (China) signed a memorandum of cooperation with

China National Petroleum Corp (CNPC) said on July 25 it will spend more than 150 billion yuan ($22 billion) by 2020 to boost oil and gas output in the western region of Xinjiang, to offset falling output from ageing fields in northeast Chin

The total value of Yantais imports and exports reached 140.3 billion yuan ($21.9 billion) in the first six months of 2018, placing it second in Shandong province, according to statistics from Yantai Customs. Yantai, a coastal city in East C

Lessons Learned It is well known that since the global financial crisis of 2008-09 and the ensuing recession, the shipping industry has suffered heavily from overcapacity of ships and insufficient demand for cargoes, leading to downward pre

Evergas is very pleased to announce that the first 85.000cbm VLEC was successfully undocked in China and will be delivered in the first quarter of 2019. Following the successful undocking of the first VLEC, the steel cutting of the second v

Genting Cruise Lines has signed on as a platinum sponsor of China Cruise Shipping 13 (CCS), organized by the China Cruise and Yacht Industry Association (CCYIA) and scheduled to take place in Shenzhen, Nov. 1-3. The two parties recently sig