Potential risks from the fallout of IMO 2020 are lying dormant as the industry stares down the immediate challenge of a sharp downturn in global seaborne trade. A combination of weaker demand due to the coronavirus and warm winter, strategi

Hong Kong utility CLP Power has delayed the start of construction of the territorys first LNG import terminal to later this year, from an initial target of 2019. The delay means that commissioning of the terminal, which will use a floating

The sudden outbreak has brought a huge impact on all aspects of shipyard business in China. All kinds of data and information show that the shipyards in our country are facing a huge problem in the ship repair business and shipbuilding busi

1.The World Health Organization (WHO) and the International Maritime Organization (IMO) have joined forces to issue a joint- statement in response to the challenges faced by the shipping industry during this coronavirus outbreak. 2.Many cou

Obviously, the trend of large-scale ships in the shipping market will not change due to Chinas novel coronavirus pneumonia.Two other shipping giants will formally place orders for 23,000TEU super large container ships, a total of 12 units w

Wilhelm Wilhelmsen has passed away on 22 February at the age of 82. Through a long career, he was a well-respected business leader and spokesperson for Norwegian shipping and the maritime industry at large. Wilhelm Wilhelmsen represented th

Many countries and the World Health Organisation have praised China for extensive and prolonged action to control the outbreak of the novel coronavirus hitting China this year. Just how contagious Covid-19 can be has been illustrated by the

Japanese shipowners operating vessels on routes between Japan and China are continuing to opt for bunkering at Chinese ports despite concerns about the coronavirus outbreak. Port operations along the Yangtze river remained mostly normal thi

Chinas iron ore futures rose on Monday for a tenth straight session, their longest winning streak since June 2016, on hopes that Beijing would take more steps to support an economy jolted by a coronavirus outbreak. Iron ore on the Dalian Co

Hong Kong-based Orient Overseas Container Line turned in some mixed results in the last quarter of 2019, according to the companys most recent operational update. For the fourth quarter of 2019 (ended 31 December 2019) box volumes increased

COSCO SHIPPING Lines has intensified its efforts in container liner routes and cross-border train service to provide a strong guarantee for the resumption and development of Chinas import and export trade. In addition, the company rolled ou

US-headquartered Blume Global opened its Asia Pacific regional office in Hong Kong last Thursday amidst on of the territorys more challenging periods in its recent history. In recognition of the brave decision to open the business now, amon

Coronavirus outbreak creates concerns to business, many would argue slowdown will happen to Chinese economy and inevitably produces negative impacts to business. Xiamen, major export hub, just released a series of economic impetus to encour

The World Health Organization (WHO) and the International Maritime Organization (IMO) have joined forces to issue a joint- statement in response to the challenges faced by the shipping industry during this coronavirus outbreak. The WHO and

At the criticalphaseof epidemic prevention and control, Shandong Port focused on epidemic prevention and control, production and management, and made every effort to promote economic and social development. On February 24, Shandong Port Gro