Egypts Suez Canal must move quickly to upgrade its technical infrastructure if it is to avoid future shipping disruption, shipping industry sources said, as the major trade route tries to bounce back from a costly six-day closure. Internati

The last group of ships stranded due to the grounding of the massive container ship Ever Given in the Suez Canal will cross the waterway on Saturday, an official said. In a statement, Chairman of the Suez Canal Authority (SCA) Osama Rabie s

Over the course of the last 3 years VDL AEC Maritime has managed the successful installation, commissioning and handover of 24 Exhaust Gas Cleaning Systems (EGCS) on board the fleet of the Athens based and leading ship owner Maran Dry Manag

This is the right of the state and we will not give it up, says chief of Suez Canal Authority, adding all422 ships kept waiting will have crossed the waterway by Saturday at most. CAIRO, April 1 (Xinhua) -- Egypts Suez Canal Authority (SCA)

On March 30, CDB Leasingannounced its 2020 annual results. In 2020, CDB Leasings annual operating performancereached a higher level. The companys total assets exceeded 300 billion yuan for the first time, reaching 303.3 billion yuan, a year

The composite index inched up 0.2% or $12 this week, and also, remains 220.2% higher than a year ago. The average composite index of the WCI, assessed by Drewry for year-to-date, is $5,139 per 40ft container, which is $3,381 higher than the

The Baltic Exchanges main sea freight index, which tracks rates for capesize, panamax and supramax vessels, rose on Thursday, helped by strong demand for capesize vessels. The Baltic dry index, which tracks rates for capesize, panamax and s

While the EU economy has bounced back from the depths of 2020, the outlook is still poor for 2021 and the recent surge in cases thanks to the UK variant is not helping. The huge hedge-fund backed rally in carbon prices has meant burning coa

Geelong Waterfront Safe Harbour Precinct Ideally nested in the Port Phillip bay, the Geelong Waterfront is one of the most popular seaside locations in Victoria. The marina is part of a large waterfront development offering various touristi

Leading integrated container shipping service provider, COSCO SHIPPING Holdings Co., Ltd. (COSCO SHIPPING Holdings or the Company) (SSE: 601919; HKEx: 1919) announced today its annual results for the twelve months ended 31 December 2021 (th

30 March 2021, COSCO SHIPPING Energy Transportation Co., Ltd. ( the Company, stock code: 600026.SH/01138.HK announced its 2020 annual result. Revenues of the Comapny increased by approximately 18.58% to approximately RMB162,98 million. Prof

In the Chuanshan port zone at Ningbo-Zhoushan Port, Zhejiang province, thousands of ocean shipping containers are waiting to head out to sea as demand for goods remains high at home and abroad. Our employees have been busy, and havent had m

China National Offshore Oil Company, or CNOOC, said on Tuesday its gas and power unit would fuel 50 gas-powered vessels to be built by a state-run shipping group as part of the countrys gasification push. The vessels, all for dry bulk shipm

Products targeted for exports piling up on wharves as raw material costs increase rapidly due to contagion constraints Surging overseas orders for Chinese goods are creating rising pressure on ports and shipping companies, and related parti

COSCO SHIPPING Development Co., Ltd. announced the consolidated results of the Company and its subsidiaries (the Group) for the year ended 31 December 2020(the Period). In early 2020, the COVID-19 pandemic swept the world and hit the global