Seven crew members have been rescued and two remained missing after a Taiwanese cargo ship sank off the coast of the Chinese mainland province of Fujian Wednesday night. The cargo ship capsized after colliding with an unknown ship south of

The contradiction between supply and demand in Chinas steel market further eased in October, as supply shrank with cooling demand, which kept steel prices moderated, said the China Iron and Steel Association (CISA) on November 18. Official

Chinas comprehensive import price index for liquefied natural gas (LNG) rose over November 11-17, according to Shanghai Petroleum and Natural Gas Exchange (SHPGX). The LNG index, not including tax, came in at 3,487 yuan/t (about $497/t) las

On the afternoon of November 21, 2019, a delegation led by Ms. Clare Petrich, Commissioner and Managing Member of the Northwest Seaport Alliance visited COSCO SHIPPING headquarters in Shanghai and held talks with Mr. Zhang Wei, Executive Vi

Ongoing trade disputes and tensions around the globe, as well as the ever-changing trade and consumption patterns are not always negative in their impact on the logistics industry. This was spelt out at a number of presentations at the Asia

1.From January 1st of this year to the end of 2023, for ocean-going seafarers who sail for more than 183 days a year, their wages and salaries were reduced by 50% into the taxable income of the individual tax. 2.The Chinese central governme

Chinese authorities on Tuesday unveiled a guideline to further develop intelligent shipping as a new business model. The guideline, jointly released by seven government agencies including the Ministry of Transport and the National Developme

Singapores Sentek Marine Trading has placed an order with Chinas New Times Shipbuilding for the construction of four 158,000 dwt suezmax crude tankers. According to shipbroking house Clarksons, the vessels are scheduled for delivery in 2021

Fujian Yonghang Shipping has placed an order at Fujian Lixin Shipyard for the construction of a 22,500 dwt handy bulker. The vessel is expected to be deployed for domestic shipping operations upon delivery in 2020. Lixin Shipyard mainly bui

China National Petroleum Corporations (CNPC) unit Liaohe Oilfield of CNPC kicked off construction of its gas storage group project in Panjin city in Liaoning province on November 20, the state-backed China News Service said. The project, jo

On November 20th, Premier Li Keqiang presided over the State Council executive meeting. To promote the development of the maritime industry, adapt to the domestic demand for rapid growth of seafood, and learn from international practices, f

Columbia Shipmanagement (CSM) president Mark ONeil highlights nutrition and mental health as two areas that can benefit from tailored crew welfare management. Speaking at Crew Connect Global in Manila ONeil described much of the catering pr

On November 18, STENA ESTRID, an advanced RoPax built by AVIC Ship and China Merchants Jinling Shipyard(Weihai) for Swedish STENA, was successfully delivered. STENA RoPax was contracted on April 5, 2016. The project started on June 22, 2017

1.On November 18, STENA ESTRID, an advanced RoPax built by AVIC Ship and China Merchants Jinling Shipyard(Weihai) for Swedish STENA, was successfully delivered. 2.Chinas SPDB Financial Leasing, the leasing unit of Shanghai Pudong Developmen

PPA S.A. announces that today Monday, November 18th 2019 at 9:58 a.m. was handled the container with number CSUN7025891, which was unloaded from the COSCO SHIPPING CAPRICORN ship, reaching the total throughput in the port of Piraeus at 5,00