Chinas surging imports of metals, grain and other commodities are providing a boost to a bulk-shipping sector at the center of global industrial production. Daily freight rates for capesize ships, the largest bulk carriers, jumped to an 18-

The northern Chinese port city of Tianjin saw its foreign trade surge 17.5 percent year-on-year to 184.9 billion yuan (about $28.5 billion) in the first quarter of this year, data from Tianjin Customs showed. The citys imports rose 5.7 perc

In the past year the spikes in the Capesize index have generally been accompanied by some form of ballaster tightness and this rally is no different, however so far it appears the rally is out of proportion to this ballaster deficit. We can

The announcement comes at a time when pirates continue to wreak havoc in the busy waters of Gulf of Guinea at distances more than 200 nautical miles from Nigeria. The situation has led several EU countries including France, Spain, Italy, Be

Recently, several queries were received from the Club seeking our experiences in handling cases when the shortage of discharged quantity did not exceed 0.5% and the consignee still claimed for shortage on the ground of short loading at the

On April 26, Hoegh Autoliners, a Norwegian shipping company, announced the launch of its Aurora series car carrier in an effort to decarbonize the shipping industry. The design of this series of ships will be developed in collaboration with

A significant expansion of the setup in China is showing results. In just a few months, Svanehj has landed two major PC pump orders in China. Most recently a contract with GSI Shipyard on a total of 96 deepwell pumps for four new MR Tankers

COSCO SHIPPING Ports Limited (COSCO SHIPPING Ports or CSP or the Company, SEHK: 1199), the worlds leading ports operator, today announced the first quarter results of the Company and its subsidiaries (the Group) for the 3 months ended 31 Ma

Driven by high freight rates and high demand, Evergreen Marine, which will welcome 30 new ships this year, is expected to become a big winner. Evergreen will take delivery of 30 container ships this year, adding 257,800 TEU to its fleet, da

On April 27, Hudong Zhonghua, a subsidiary of CSSC, named and delivered the fourth 23000TEU dual-fuel powered container ship CMA CGM Concorde to CMA CGM. This is the seventh ship of the same type delivered by Hudong Zhonghua and Jiangnan Sh

The Baltic Exchanges main sea freight index, which tracks rates for ships ferrying dry bulk commodities, gained on Tuesday as capesize rates touched their highest level in over a year. The Baltic dry index, which tracks rates for capesize,

The Egyptian Suez Canal Authority (SCA) denied, Monday circulated reports on arresting any of EVER GIVEN crew members SCA head admiral Osama Rabie said in a statement that the authority does not object the leaving or replacing of any of the

During a 10-day operation called Jangkar Haram, Malaysia clamped on illegal anchoring in its waters. The ships involved have either been warned and ordered to leave or detained and fined. BIMCO recommends Masters to take extra precaution an

On April 26, Huangpu Wenchong, a subsidiary of CSSC, signed a contract to build a 2,000 WT self-propelled offshore wind power installation platform with Yangtze Three Gorges Equipment Materials, a subsidiary of China Three Gorges Corporatio

On April 26, Jiangnan Shipyard, a subsidiary of China State Shipbuilding Corporation, signed for the delivery of Evergreens second 2,500 TEU feeder container ship EVER OCEAN. It is also the fifth ship delivered by the company this year. Thi