Mr. Hor Weng Yew, Managing Director Chief Executive Officer of Pacific Carriers Limited (PCL) has been appointed the new Chairman of the Singapore Maritime Foundation (SMF), the organisation tasked to promote Singapore as an international m

A court in Mauritius sentenced both the captain and first officer of the Japanese bulkerWakashioto 20 months in prison after they pleaded guilty on the charges of endangering safe navigation. While the magistrate hearing the case refused to

China State Shipbuilding Corp relocated its headquarters from Beijing to Shanghai on Friday, marking a new chapter in the companys history. The worlds largest shipbuilder is seeking to better serve the nations major strategies, official sou

The demand Increased at the end of the year, and the freight rates of most routes have increased Ningbo Containerized Freight Index: In the week ending Dec-24, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NB

14 types, 71 ships, 15.8 billion! Huangpu Wenchong completed its annual business target of 316% !Huangpu Wenchong, a subsidiary of China State Shipbuilding Corporation, has reached a new high in its annual business operation! At the signing

Orient Overseas Container Line (OOCL) was honored to receive the Hong Kong Sustainability Award in the large organization category at the HKMA 60th +1 Anniversary Celebration / Hong Kong Sustainability Award Presentation Ceremony for 2020/2

Shandong Port Group Co Ltd, located in Qingdao, Shandong province, announced on Thursday its cargo throughput increased 5.8 percent year-on-year to over 1.5 billion metric tons, ranking first in the world. The groups container throughput gr

On December 15, the worlds first smart green energy system for zero-carbon terminal was successfully connected to the grid at the Second Container Terminal of Tianjin Port. COSCO SHIPPING Tianjin, as the integrated solution provider, projec

Cargo and container throughput at Chinas ports registered stable growth in the first 11 months of the year, data from the Ministry of Transport showed. From January to November, cargo throughput at Chinas ports totaled 14.21 billion tonnes,

The Asian low sulfur fuel oil market will enter 2022 on a firm footing that was likely to continue for much of the year due to the emergence of China as a major ship refueling destination. The optimistic outlook comes despite concerns surro

It is the time of the year when analysts and others take their crystal balls out of the closet for the annual dusting off. A new year with unwritten pages beckons, with yet unknown challenges and opportunities. The year soon to be consigned

China Development Bank Leasing and Cyprus shipowner Schoeller Holdings reached a financial chartering agreement to acquire 21 ships and lease them back for a total price of US$142 million. The 21 SPVs as charterers belong to Cyprus shipowne

A.P. Moller - Maersk (Maersk) has reached an agreement to acquire LF Logistics, a Hong Kong-based contract logistics company, with premium capabilities within omnichannel fulfilment services, e-commerce, and inland transport in the Asia-Pac

Every day, tens of thousands of containers arrive at seaports from countries all around the world. Containers and other cargo are carried aboard liner ships container and roll-on-roll-off (roro) vessels which offer regularly scheduled servi

Yesterday, Venture Global LNG and CNOOC Gas Power Group Co., Ltd., a wholly owned subsidiary of China National Offshore Oil Corporation (CNOOC), announced the execution of a 20-year Sales and Purchase Agreement (SPA). This marks the first L