At the latest shareholders meeting held byYang Ming Marine Transport Corporation, the proposal that 1% of the profitswill be used as employee compensation was passed. In 2021, YangMingmade a record annual profit, with annual revenue of 333.

The General Office of the State Council of the Peoples Republic of China issued opinions on stabilizing and improving the quality of foreign trade and enhancing the function of shipping logistics services in stabilizing foreign trade. Itwil

The journey of a thousand miles begins with the step of adopting Methanol as a safe, future proof marine fuel, writes Kai Zhao, Methanol Institute Chief China Representative The global shipping industry has a dilemma it needs to make long t

Wan Hai Lines joins The Lloyds Register Maritime Decarbonisation Hub The Silk Alliance programme. The Silk Alliance aims to establish a fleet-specific decarbonisation strategy and green corridor implementation plan that encompasses key link

Major ports across China showed growth in cargo and container throughput in May, according to the data released by the Ministry of Transport on Thursday. Major ports in China handled 790 million tons of cargo in the period from May 1 to May

A large group of SAIC Group passenger vehicles wait for shipping at Haitong port in Pudong New Area, Shanghai on May 25, 2022. The cargo ship, loaded with thousands of SAIC MG and Maxus brand vehicles, is headed for Australia. A group of SA

China will roll out fresh measures to remove barriers in its foreign trade and bolster the stability of its supply chains, the Ministry of Commerce said on Thursday. One of the measures will seek to alleviate the pressure of international l

Its been over 90 days since the conflict in Ukraine started and grains from the country stopped flowing into the seaborne market. In order for those lost tonne-miles to be made up elsewhere, longer voyage distances would be required that is

International maritime analytics platform MarineTraffic will be promoting its services under the Shipping is Here tagline at Posidonia, the worlds most important maritime event (6-10 June) in Athens. The company has created a maritime data

San Marino Ship Register welcomes Rear Admiral Giovanni Greco to its team and entrusts him with the development of institutional relations and national maritime legislation. A graduate of the Genoa Nautical Institute, R. Adm. Grecos career

BIMCOs Documentary Committee has approved two clauses and one contract for publication: The much-awaited Emissions Trading System Allowances (ETSA) Clause for Time Charter Parties 2022, the Infectious or Contagious Diseases (IOCD) Clause fo

On May 26, Hudong-Zhonghua Shipbuilding, jointly with China Shipbuilding Trading, christened and delivered the 80,000 m3 LNG carrier LAGENDA SURIA to the joint shipowners KLine, ICBC Leasing and Shenergy Group. LAGENDA SURIA is not only the

Swiss marine power company WinGD has introduced an on-engine version of its popular iCER system, enabling the emissions reduction technology to be installed without impact on engine footprint. The development is part of WinGDs commitment to

American Bureau of Shipping (ABS) has granted Approval in Principle (AIP) for a design for a wind turbine installation vessel (WTIV) for COSCO Shipping Heavy Industry CO., LTD. (CHI) by Friede and Goldman (FG). The design is suitable for al

MISC announced its financial results for the first quarter ended 31 March 2022. Financial Highlights: Group revenue and operating profit for the quarter ended 31 March 2022 were higher than the corresponding quarter ended 31 March2021. Afte