Pacific Basin Shipping Limited, one of the worlds leading dry bulk shipping companies, yesterday announced the results of the Company and its subsidiaries (collectively the Group) for the year ended 31 December 2019. Mr. Mats Berglund, CEO

Chinas Unipec, an arm of Asias top refiner Sinopec snapped up the lions share of gasoil cargoes traded in Singapore this month, despite weaker domestic demand amid a coronavirus epidemic, according to trade data and industry sources. Unipec

The joint inspection departments at ports in north Chinas Inner Mongolia Autonomous Region, northeast Chinas Liaoning Province and south Chinas Guangxi Zhuang Autonomous Region have taken multiple measures to resume import and export trade

Crew members on the novel coronavirus-inflicted Diamond Princess cruise ship which was quarantined in the Japanese port of Yokohama will start disembarking on Thursday, the government said. According to the health ministry, the disembarkati

With the expansion ofthe novel coronavirus epidemic, internationally, cargoes, containers and transportation facilities from China are under control. The shipping industry, which is the main form of transportation in the global economy and

With the expansion ofthe novel coronavirus epidemic, internationally, cargoes, containers and transportation facilities from China are under control. The shipping industry, which is the main form of transportation in the global economy and

1.On the 25th, another 300,630 DWT VLOC belonging to the Polaris Shipping suffered another major accident in the sea area near Brazil sparking fears that the ship could sink. 2.The global offshore wind industry grew rapidly in 2019, accordi

To strengthen international cooperation for decarbonization, NYK has participated in two recent events at which the company presented its concept for using ammonia as marine fuel to achieve zero-emission ships. Ammonia does not emit carbon

The Baltic Exchanges main sea freight index rose for a ninth straight session on February 26, as strong demand for panamax and supramax vessels more than offset waning capesize demand. The Baltic index, which tracks rates for capesize, pana

On February 19,Chongqing Chuandong Shipbuilding Heavy Industry, a subsidiary of China State Shipbuilding Corporation,signed a construction contract with COSCO Shipping (Shanghai) for two 13800 ton stainless steel chemical tankers, with the

1.Seven cruise ships have been requisitioned to support Wuhan, the epicenter of the COVID-19 outbreak, as water hotels for medical teams from all over the country, according to the Ministry of Transport. 2.The Hong Kong Government may be ov

A few days ago, the Municipal Transportation Bureau released the subsidy fund for the port and shipping industry in 2019, with a total amount of up to 410 million yuan,benefiting nearly 100 key port and shipping enterprises in the city. In

Seven cruise ships have been requisitioned to support Wuhan, the epicenter of the COVID-19 outbreak, as water hotels for medical teams from all over the country, according to the Ministry of Transport. The first of these cruise ships, the B

China has ramped up fuel exports to compensate for losses to domestic demand as it grapples with the coronavirus outbreak, having not been able to prevent a surplus in the worlds second-largest oil consumer with cutbacks in its refining out

The first quarter of the year was decimated by the outbreak of the coronavirus, however, Maersk foresees a V-shaped recovery could occur after normal factory production levels return in China, provided outbreaks of the virus around the worl