Evergreen Line took delivery of its sixth and seventh new 12,000 TEU class F-type containerships on December 15. Ever Forever was built at the Geoje Shipyard of South Koreas Samsung Heavy Industries, and Ever Far was delivered by Imabari Sh

Cargo throughput at Chinas ports maintained stable growth in the first 11 months of 2020, rising 4.2 percent year-on-year to 13.25 billion tons, official data shows. In November alone, cargo throughput at ports saw a rapid annual increase o

Transport demand surged at the end of the year, and the composite index reached a new high level Ningbo Containerized Freight Index: In the week ending Dec-25, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NB

Seven coal industry groups made a joint announcement on Sunday promising to stabilize coal market and try to control turbulent coal prices to ensure production safety and steady power supply, as coal prices continue to surge caused by risin

The Ministry of Health (MOH) had earlier reported that a marine surveyor and a harbour pilot had tested positive for COVID-19 infection on 30 and 31 December 2020 respectively. Contact tracing is underway to prevent the clusters from spread

In 2020, Chinas shipping industry has undergone profound changes, and a number of important shipping news events have emerged. Based on the statistics of all news released in 2020, Xinde Marine News selected the top 10 shipping news. Affect

On December 28, CSSC Huangpu Wenchong Shipbuilding Company signed a construction contract for a 4500 m3 trailing suction dredger with CHEC Dredging Co.,Ltd. Since 2000, more than ten medium and large trailing suction dredgers of CCCC Shangh

Benchmark iron ore futures in China fell nearly 6% on Wednesday, after the country urged the steel industry to produce less crude steel next year amid the governments carbon neutrality scheme. The Ministry of Industry and Information Techno

On December 28, Highlander issued an announcement, proposing to issue 79,552,100 shares at a price of 12.5 yuan per share to Shenzhen SEZ Construction and Development Group, raising 994 million yuan for replenishment of working capital and

On December 28, Yangzijiang Shipbuilding signed a contract for the construction of two 24000TEU ultra-large container ships. 24000TEU container ship is a new generation of ultra-large container ship with the largest load and packing capacit

U-Ming Marine Transport (Singapore), a fully-owned subsidiary of U-Ming Marine Transport Corporation, has held a christening ceremony at Qingdao Beihai Shipyard for M.V. Grand Wisdom, its second 325,000 dwt Very Large Ore Carrier (VLOC). Th

China has taken measures to secure natural gas, electricity and coal supplies ahead of another expected cold snap in coming days, the countrys top policy planner, the National Development and Reform Commission, said in a Dec. 28 press confe

In November 2020, the Maritime Silk Road Trade Index (STI) released by the Ningbo Shipping Exchange showed that the import and export trade index was 161.13 points, up 10.78% from the previous month and up 13.83% year-on-year; the export tr

China has raised quotas for refined fuel export volumes by 5.4% year-on-year in its first batch of 2021 to seven firms, including a private refiner, according to a state-run energy exchanges blog and one of the recipient companies. The coun

With its profits soaring and the need to meet immediate market demand, Wan Hai Lines plans to buy second-hand container ships for $360m. The soaring freight rates of container ships in Europe and the United States have also led to a sharp r