China is set to speed up purchases of U.S. farm goods and will implement the Phase 1 trade deal with the United States, an executive at state-owned agriculture trading house COFCO said at an online industry conference on Thursday. Beijing p

In view of the rapid spread of COVID-19 across the world, the Chinese government has implemented a strict entry policy. With effective from March 28th, 2020, foreign nationals holding valid visas or residence permits were temporarily suspen

The Baltic Exchange has added quarterly assessments (GOPEX) on the cost of operating LNG and LPG tankers to its growing suite of shipping investor tools. Data will be provided by leading independent third-party ship management companies Ang

Every two years SMM brings together industry stakeholders from around the world. Because of the coronavirus crisis, the leading international maritime trade fair has been postponed until 2-5 February 2021. Not surprisingly, the effects of t

On the morning of May 11, COSCO Shipping Heavy Industry (Guangdong) successfully delivered the sixth 1750TEU container ship (N805), which created better conditions for the completion of the annual work tasks. Su Wenwei, general manager of t

1.On May 13, COSCO SHIPPING and Bank of Communications signed a strategic cooperation agreement in Shanghai. 2.Chinese offshore engineering firm Zhongtian Technology has won a tender to provide offshore engineering services for SPICs Rudong

On May 13, COSCO SHIPPING and Bank of Communications signed a strategic cooperation agreement in Shanghai. Xu Lirong, Chairman and Secretary of the Party Group of COSCO Shipping Group, and Ren Deqi, Chairman and Secretary of the Party Commi

Informa Marketsafter consultation with their joint venture partners the China Container Industry Association (CCIA)has made the decision to postpone Intermodal Asia until 2021. Rob Fisher, Group Director, Intermodal Asia said: This has been

Industry insiders forecast a negative impact for the countrys State-owned oil companies if crude prices remain depressed throughout the year as Chinas top three oil behemoths have announced plans to slash spending plans in 2020 to weather f

Inmarsats latest research study has found that the global mining sector is undergoing an Internet of Things (IoT) revolution with respondents reporting significant increases in adoption of connected technologies. Specialist market research

French container shipping major CMA CGM has secured a 1.05 billion ($1.1. billion) syndicated loan, the company announced. As disclosed, the loan will be arranged by a consortium of banks BNP Paribas, HSBC France and Socit Gnrale and it wou

On May 11, the ship ANSHEN 5 arrived at the No. 3 anchorage and successfully added 1600 tons of low-sulfur fuel oil for the large oil tanker NEW VISTA. It marks the completion of the first order of oil supply business for large vessels in Q

On the morning of May 12, Guangxin Shipbuilding Heavy Industry held a contract signing ceremony with Tianjin Zhihai Shipping for the sale of two 78m platform supply vessels. Affected by the novel coronavirus pneumonia outbreak spreading aro

1.Hu Wenming, former chairman of China Shipbuilding Industry Group,is currently under investigation. 2.The Philippines fully supports the recognition of Filipino seafarers as key workers ensuring that ship crew changes can take place safely

A.P. Moller - Maersk had a financially strong start to the year. Despite the COVID-19 pandemics profound impact on global trade the company kept momentum in its strategic transformation and demonstrated robustness to weather the crisis. In