On January 13, SAIC Anji Shipping and COSCO Shipping Car Carriers signed a 10-year (2023-2033) Contract of Affreightment (COA) in Shanghai. Chinas auto exports exceeded 3 million units in 2022 to reach 3,111,000 units, up 54.4% year on year

London and Kuala Lumpur, 12 January 2023 - The ICC International Maritime Bureau (IMB) calls for efforts to be sustained worldwide as maritime piracy and armed robbery attacks reached their lowest recorded level in almost three decades. The

Coal industry in China and abroad expect stronger trade in the fuel, a reliable source of power for reviving economy, as China aims to ramp up energy supplies and stabilize prices. With the lifting of pandemic restrictions, border reopening

Mr Chee Hong Tat, Senior Minister of State for Finance and Transport, was the Guest-of-Honour at the annual Singapore Maritime Foundation New Year Conversations event today. He spoke on the developments and 2022 performance of Maritime Sing

Last week, Dutch inland shipping yard Concordia Damen was commissioned to build and equip an inland shipping tanker for Quinto Scheepvaart B.V. from Zwijndrecht. At This also marks the switch, after 25 years, that family business Quinto mak

Regulatory Acceleration With much of 2022 being focused on the fallout of the invasion of Ukraine and the major reorientation of global oil trade, it is easy to overlook the important environmental and regulatory developments that are putti

According to Alphaliners latest report released on January 11, container ship sales halved to a total of 295 units of 950,300 TEU in 2022, falling back in line with averages seen over the previous decade. A total of 295 container ships equi

Dubai: A.P. Moller Maersk (Maersk) and DP World Jebel Ali Port have entered a long-term partnership through which both parties will collaborate on various aspects of service delivery and work towards a common goal of decarbonising logistics

On January 12, 2023, Zhonggu Shipping held talks with Jiangsu Port Group and signed a strategic cooperation framework agreement. The two parties will focus on the strategic cooperation framework agreement, comprehensively strengthen port an

At the beginning of the new year, COSCO SHIPPING Heavy Industry (Zhoushan) once again won an order for the construction of a 154,000 dwt shuttle tanker from a Norwegian shipowner. The ship has a designed length of 278.9 meters, a width of 4

This aerial photo taken on Dec 13, 2022 shows a cargo ship docking at Ningbo-Zhoushan Port in East Chinas Zhejiang province. [Photo/Xinhua] Chinas total goods imports and exports surged 7.7 percent year-on-year to 42.07 trillion yuan ($6.26

China will debut the worlds first cruise ship covered by a 5G network later this year, thanks to a collaboration reached between CSSC Carnival Cruise Shipping Ltds own cruise brand Adora Cruises and China Telecom Corp Ltd Shanghai Branch. A

The Baltic Exchange, in collaboration with Freightos, and Vespucci Maritime, have released their container shipping report for January. Their opinion is that in 2023, container market conditions will be drastically different from 2022. A no

Inflation and increasing distances to transport oil arising from sanctions on Russian barrels could contribute to a doubling of freight costs in 2023, Rustin Edwards, head of fuel procurement at tanker firm Euronav NV, said at an industry e

Chinese New Year fails to bring joy for carriers, as blank sailings soar In a stark display of the weak demand undermining the containerized ocean freight industry, the latest data from Xeneta reveals carriers blankedmore than sixtimes the