China on Tuesday unveiled new guidelines to ease pressures on foreign trade companies and keep the countrys exports and imports stable. The country will further open up the economy and carry out cross-cyclical adjustments to support medium,

The Indonesian government has ensured coal exports will reopen in stages, said a senior official late January 10, after a full ban on coal exports was imposed for 10 days. Luhut Binsar Pandjaitan, Coordinating Minister of Maritime and Inves

Wilhelmsen Ship Management has strengthened its position in the tanker market with a newly signed agreement to acquire a majority stake in Hamburg-based Ahrenkiel Tankers. Thetransaction will result in Wilhelmsen Ship Management taking over

Tianjin Port, the worlds ninth largest port in terms of cargo throughput, said its operations remain normal after 31 new confirmed coronavirus cases were detected in the city as of Monday, including cases involving the Omicron variant. Tian

Chinese stainless steel futures surged more than 5% on Tuesday, boosted by tight supply concerns as producers cut production, while strong raw material prices also offered support. Domestic stainless steel firms are stepping up maintenance

A recent claim covered by ITIC(International Transport Intermediaries Club) highlights the importance of an intermediary confirming freight arrangements prior to advising their principal. In this case, a liner agent was arranging for 24 con

Containers arenowmoving in and out of China at record speeds as shippersdesperately source capacity,but port congestionin Europe and the UScontinues toslowthe return of boxes to Asiaand is stymying the recovery of global ocean supply chains

The freight derivatives market for dry cargo vessels saw increased traded volumes in 2021, according to data released by the Baltic Exchange. Dry Forward Freight Agreement (FFA) volumes hit 2,524,271 lots, up 61% on 2020. Options trading in

On January 8, Antong Holdings announced that the companys executives had undergone personnel changes. The specific matters are as follows: 1. Wang Jingwen resigned from the position of general manager on January 7, 2022. The reason for his

A Maersk representative has confirmed toContainer Newsthat the Danish shipping company has declared its options with Hyundai Heavy Industries (HHI) for four additional large container vessels able to operate on carbon neutral methanol. The

The technology group Wrtsil has signed a long-term Optimised Maintenance Agreement with Singapore based NYK Shipmanagement. The 13-year contract is designed to ensure maximum uptime and equipment reliability, with assured maintenance costs,

Global Ship management leader V.Group has been awarded an International Manning License allowing it to operate a fully owned crewing agency in China. The license, awarded to very few foreign entities after a strict selection and assessment

The worlds top thermal coal exporter Indonesia allowed 14 vessels already loaded with coal for export to depart as soon as they secure verifications from mining and transportation authorities, a senior minister said in a statement on Monday

From left to right: Aris Bachos, Kimon Angelopoulos and Nikolas Gavriilidis [Photo:PR/Bluepool] A new exciting venture combining a dry bulk operator and a pool has launched in Athens, backed by a range of blue-chip market participants. It w

Antonio Ferrando is nothing short of a legend in the world of marine catering solutions. In this blog post, he explains the key factors behind creating optimal provision stores and layouts. Interview with Antonio Ferrando, Provision Store E