Two of the largest VLECs ever ordered are now under construction to ABS class at Jiangnan Shipyard following a successful joint development effort. The two 99,000cbm dual fuel B-Tank VLECs ordered by Pacific Gas are the worlds largest VLEC

The daily coal burn rate at Chinas six major coastal power plants has come in today at 421,000 tons. This is 7% higher than was seen yesterday and marks the strongest burn rate seen since January 30th. Compared to the start of the year, thi

A.P. Moller - Maersk improved earnings and free cash flow in 2019, despite weaker market conditions and global container growth of only 1.4%. Earnings before interest, tax, depreciation and amortisation (EBITDA) improved 14% to USD 5.7bn co

A second chartered flight will bring back more Hong Kong residents stranded onboard the Diamond Princess cruise ship in Japan on Friday at the earliest, after the first group of 106 people landed in Hong Kong on Thursday morning. All reside

1.Coronavirus infections on a cruise ship moored near Tokyo rose to 621 people on Wednesday as passengers began disembarking following a contentious two-week quarantine that some foreign health experts said appeared insufficient to stop the

State-owned oil and gas companies are ramping up efforts to help domestic companies resume production to ease the impact of the novel coronavirus outbreak and maintain economic stability. China National Petroleum Corp, the countrys largest

The coronavirus epidemic has already disrupted economic growth in China and a further spread to other countries could derail a highly fragile projected recovery in the global economy in 2020, the International Monetary Fund warned on Wednes

Box throughput at the Port of Hong Kong tumbled 20.4% in January as supply chains originating from the Mainland collapsed in the face of the novel coronavirus which is wreaking havoc at the epicenter in Wuhan. Hong Kong handled1.349m teu in

The Baltic Exchanges main sea freight index rose on Wednesday as rates improved across all vessel segments, even as shipping activity remained subdued due to the coronavirus outbreak in China. The Baltic index, which tracks rates for capesi

Hong Kongs Orient Overseas Container Line (OOCL), now a Cosco unit, has announced a number of cancelled transpacific sailings in response to low demand in addition to those voided in the February 14 customer advisory. In the Pacific China C

Coronavirus infections on a cruise ship moored near Tokyo rose to 621 people on Wednesday as passengers began disembarking following a contentious two-week quarantine that some foreign health experts said appeared insufficient to stop the s

China has released measures to help firms that export their goods resume production and stabilize trade growth by mitigating the impact of the novel coronavirus pneumonia outbreak on the economy, the Ministry of Commerce said in a statement

1.China on Tuesday said it will start accepting applications for tariff exemptions on 696 US-origin goods, including crude oil, LNG and refined products, from March 2. 2.Around 500 passengers on the virus-hit cruise ship quarantined off Yok

In order to strengthen the information exchange of waterborne control of the epidemic in the Yangtze River Delta, and under the premise of ensuring the health and control of the ships personnel, the Provincial Port and Shipping Management C

China on Tuesday said it will start accepting applications for tariff exemptions on 696 US-origin goods, including crude oil, LNG and refined products, from March 2, in a move that will allow it to meet purchase targets under the recent US-