Annual cargo throughput surpassed 1 billion tonnes again at Ningbo Zhoushan port in East Chinas Zhejiang Province in 2018, the port operator said Tuesday. This makes the port the first in the world to exceed such volume. The annual containe

We believe that the industrys supply-demand balance will benefit from a reduced appetite for Ultra Large Container Vessels (ULCVs) among the major carriers, some of which now have their eyes fixed on a bigger prize of becoming global logist

Shanghai International Port (Group) Co Ltd (SIPG), the largest port group in the Chinese mainland, reported a record high container throughput last year. SIPG, which operates all the public container and bulk terminals in the Port of Shangh

The IMO considers exhaust gas scrubbers to be an acceptable means of reducing vessels sulphur emissions and ensuring compliance with MARPOL Annex VI. A separate guideline, Resolution MEPC.259(68), specifies the requirements for the verifica

BIMCO, CLIA, ICS, Intercargo, InterManager, INTERTANKO, IUMI, OCIMF and World Shipping Council have produced the 2018 (Ver 3) Guidelines on Cyber Security onboard ships which are attached for members reference. In 2017, the IMO adopted reso

Zhejiang province in eastern China consumed a total 13.5 billion cubic meters (bcm) of natural gas in 2018, increasing by 28% from a year earlier, with growth accelerating from 19.3% in 2017, said the provincial development and reform commi

A 26.9km single 220-kiloVolt submarine cable without joint has recently completed the test in the city of Zhuanghe, northeast Chinas Liaoning Province. It is the worlds longest single cross-linked polyethylene (XLPE) cables, independently d

Chinas iron ore futures closed higher on Tuesday. The most active contract for May 2019 delivery finished the day session up 0.69 percent to 512 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors si

In view of the growth potential in Latin American trade, Evergreen Line is continuing to establish its own offices at main service locations in the region. The move will strengthen the effectiveness of the lines operations, improve its capa

Hong Kong has long been a prime candidate for a terminal alliance, Drewrys senior analyst for Ports Terminals has said following the formation of the Hong Kong Seaport Alliance. Speaking to Port Strategy after the announcement of the allian

On 11 January 2019, China Merchants Port Holdings Company Limited (CMPort or the Group, SEHK Code: 00144) entered into two Capital Increase Agreements to further facilitate the transactions in relation to the Qianhai Land development projec

1.China will attempt to solve the trade tension with the US during 2019, the countrys commerce minister informed. This decision came after talking with US negotiators last week. 2.Chinas foreign trade volume reached 30.51 trillion yuan in 2

COSCO Shipping Development (Hong Kong), a subsidiary of Cosco Shipping Development, has entered into a sale and leaseback agreement with Japanese leasing outfit Financial Products Group (FPG) for four of the companys box ships. Under the ar

Chinas first support ship customized for the domestically developed 10,000-meter-deep manned submersible was launched in Mawei District of Fuzhou City in east Chinas Fujian Province on Sunday. The ship has a total length of 87.2 meters, a w

Chinas imports of natural gas surged 31.9 percent year-on-year to 90.4 million metric tons in 2018, setting a record, according to the General Administration of Customs. It also demonstrated that most of the liquefied natural gas came from