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

1.Another Princess Cruise Ship Grand Princess carrying more than 2500 passengers is caught up in coronabirus outbreak. 2.Chinese buyers have been allowed to apply for import tariff exemptions for US coking coal starting March 2. 3.Taiwans r

Anglo-Eastern Ship Management, one of the largest ship management companies in the world, has completed the successful roll-out of Navigator Port to their fleet of 650 vessels. Navigator Port software is used daily onboard several thousand

Oil demand is set to contract in 2020 as the coronavirus outbreak widened to 72 countries outside China as of Wednesday, threatening to put more pressure on the global economy and fuel demand, according to analyst projections this week. Thi

Taiwans regional carrier Wan Hai Lines is to purchase a pair of container carriers from Singapores Pacific International Lines (PIL). In an announcement to the Taipei Exchange, Wan Hai said it will acquire the Wan Hai 805 and the Kota Panja

The global shipping industry risks losing an estimated US$1.7 billion revenue on account of the coronavirus. The most affected being international shipping lines, as findings show that Maersk Line could face the worst revenue shortfall sinc

On February 27, COSCO SHIPPING Holdings, the firstultra-short-term financing bond (epidemicprevention and control bond) of 2020, was successfully issued by the Bank of Communications, with a scale of 1 billion yuan and a term of 180 days. T

1.An operator of a restaurant cruise ship in Kobe said Monday it has filed for bankruptcy after being hit by a series of cancellations since January due to the new coronavirus outbreak. 2.On Tuesday, two German passengers aboard the cruise

Chinas finance ministry has swiftly approved the bulk of applications made by domestic LPG importers, exempting them from tariffs on US imports amid easing trade tensions between Washington and Beijing. Most importers submitted their exempt

Chinas crude stockpiles rose in February amid a decline in refinery throughput as refined product demand took a hit due to the coronavirus outbreak, while crude imports remained largely steady, according to trade flow analytics and market p

To date, the 3D printing of maritime components has been a nice idea but not one that has not always been deemed particularly practical or cost-effective. Things, though, may well be changing, writes Brian Dixon. Additive manufacturing, or

1.On February 28, Yangzijiang Shipbuilding Group announced its financial results for the fourth quarter of 2019, with total revenue of 4.8 billion yuan. 2.Alfa Laval PureBallast 3 has become one of the first non-Chinese ballast water treatm