The international shipping industry has warned of a threat to global trade from a mounting crisis on board merchant vessels, with up to 400,000 crew stranded either at sea or at home by travel restrictions because of the Covid-19 pandemic.

Following several discussions with the government, the Chief Secretary has exercised his powers to approve the exemption of crew members of goods vessels, including those without cargo operations, from compulsory quarantine under Cap. 599E

Representatives of the territorys seafarers unions will stage a demonstration outside government offices tomorrow in support of the worlds seafarers. As the plight of seafarers unable to off-board their vessels grows everyday more critical,

Chinese iron ore futures surged on Monday, marking the biggest intraday percentage gain since July 2019, as supply concerns deepened after the countrys second-biggest iron ore supplier Brazil shut down a Vale complex due to coronavirus conc

Chinas soybean imports in May surged 27.4% from the previous year, as a large volume of shipments from top supplier Brazil arrived after weather improved in the South American country, customs data showed. China, the worlds top soybean impo

On World Oceans Day, Kitack Lim, Secretary-General, International Maritime Organization (IMO) invites a celebration of the majesty, beauty and sheer wonder of our oceans and the ships that ply their trade on them. June 8th is World Oceans D

Oil prices sank on Monday despite major crude producers agreement to extend their current output cuts. The West Texas Intermediate (WTI) for July delivery fell 1.36 U.S. dollars to settle at 38.19 dollars a barrel on the New York Mercantile

The novel coronavirus pandemic has caused large-scale disruptions in international trade and undermined the entire world economy. And although Chinas foreign trade is likely to recover after the pandemic is contained and the global economic

China Tianjin Container Freight Index (TCI), an indicator of northern Chinas international container freight rates, stood at 535.69 points on Monday, down 1.96 percent compared with the previous working day. The statistical samples of TCI c

There has been a massive 400% increase in attempted hacks since February 2020 coinciding with a period when the maritime industry turned to greater use of technology and working from home due to the Coronavirus pandemic. The data was cited

The United States warned on Monday that it would punish any country that deals with Irans top shipping company, accusing it of contributing to Tehrans contested weapons programmes. The Treasury Department said sanctions came into effect Mon

Seacor Marine Holdings, the owner of the US Offshore Support Vessel (OSV), has reached an agreement with COSCO Shipping Group to acquire a 50% stake in COSCO Shipping Groups joint venture company Seacosco Offshore. The deal is expected to c

On June 2, a 2,370-passenger / 3,850-meter lane luxury passenger ro-ro ship No. 1, built by Guangzhou Shipyard International (CSSC) for Moby, a subsidiary of Italys Onorato Shipping Group, started construction. Designed by Danish company OS

Hours Operation Power 72 CallinportA 69 1 Slowspeedoperationandmanoeuvre 702 41 Transitwithservicespeed12kn 1,663 3 Operationinsensitivearea 1,663 1 Slow-speedoperationandmanoeuvreinsensitivearea 702 4 CallinportB 553 1 Slowspeedoperationan

1.OSCO SHIPPING is focused on optimizing the allocation of shipping resources to the Pacific and Indian Oceans. 2.Chinas coal imports in May fell nearly 20% compared with a year earlier even as demand recovered at power plants and industria