1.Cargo volumes and ship calls have swiftly rebounded at Chinese ports, confirming that the cogs of global trade are grinding back into motion. 2.Without OPEC+s help to steady the market, U.S. benchmark prices could fall toward $30 a barrel

Seafarers Hospital Society is thrilled to announce that it has appointed Sandra Welch as the new CEO from early May. Sandra joins the Society from the Sailors Society where she has been Chief Operating Officer. The Society is looking forwar

On March 5, the yellowHUANGHAI GLORY, a Hong Kong flagcargo ship with 23 Chineseseafarerson board, was attacked by armed pirates boarding it in the gulf of guinea near Lagos Port, Nigeria. According toXINDE MARINE NEWS, in the face of the t

Finally, some good news about the coronavirus and global supply chains: Cargo volumes and ship calls have swiftly rebounded at Chinese ports, confirming that the cogs of global trade are grinding back into motion. The caveat is that this wa

An effort by the Organization of the Petroleum Exporting Countries to stabilize the oil market ended in failure on Friday, with Russia rejecting a plan for addition output cuts and sending prices for the commodity plummeting to their lowest

A cruise industry trade association has hit back at reports speculating that the U.S. government may move to discourage some travelers from taking cruises as part of a broader Trump administration effort to limit the spread of coronavirus.

China has overtaken Germany as the biggest nation in the container shipping sector in terms of total TEU. On the other hand, overall VDR figures show that Germany remains the worlds fifth-biggest shipping nation with a 4.9 per cent share of

Optimarin and SunRui, two of the world leaders in ballast water treatment systems (BWTS), have announced a strategic market cooperation to provide a one stop shop for shipowners with diverse fleets worldwide, fulfilling increasing demand fo

Hong Kongs Orient Overseas Container Line (OOCL), now a Cosco unit, has made changes to its Pacific West Coast (PCN1) and Vietnam China South (VCS) services on the Trans-Pacific trade, which came into effect two days ago. On its Pacific Chi

COSCO SHIPPING International(Hong Kong) announced yesterday that from March 4, 2020, Wang Yuhang resigned as the companys executive director and chairman of the board due to job adjustments. On the same day, Zhu Jianhui, executive director,

UECC has ordered its second pair of dual-fuel LNG PCTC vessels based on their positive experience with the first two, in operation now for nearly four years. The new twins will add battery hybrid technology to the already eco-friendly desig

1.China State Shipbuilding Corp. has raised 5 billion yuan ($718.2 million) by selling so-called coronavirus bonds to replenish working-capital facilities that were severely depleted by the coronavirus outbreak. 2.The International Chamber

China State Shipbuilding Corp. has raised 5 billion yuan ($718.2 million) by selling so-called coronavirus bonds to replenish working-capital facilities that were severely depleted by the coronavirus outbreak. The shipbuilder is the latest

The Baltic Exchanges main sea freight index posted its biggest percentage jump in eight months on Thursday boosted by stronger rates across vessel segments. The Baltic index, which tracks rates for capesize, panamax and supramax vessels tha

Shares of U.S. cruise operators sunk on Thursday after the Grand Princess ocean liner, owned by Carnival Corp, was barred from returning to its home portof San Francisco on coronavirus fears after at least 20 people aboard fell ill. Shares