The Baltic Exchanges main sea freight index inched higher on Wednesday, helped by an uptick in rates for panamax vessels, but sentiment remained negative as the coronavirus outbreak disrupted vessel shipments. The Baltic index, which tracks

1.Diminished trade as a result of the coronavirus outbreak is costing container shipping lines $350 million a week in lost volumes, a new report says. 2.As fate of quarantined passengers and crew debated, 39 more cases confirmed.The total n

Hong Kong-based liner shipping firm, OOCL has offered its view on the current situation in China as it battles the coronavirus and how the liner company is coping. OOCL reveals that most container terminals in China are in normal operations

Diminished trade as a result of the coronavirus outbreak is costing container shipping lines $350 million a week in lost volumes, a new report says, as declining activity in China begins to take a deeper toll on maritime operations from shi

The Baltic Exchanges main sea freight index edged up from a near four-year low on Tuesday, while the larger capesize segment remained in negative territory, as the coronavirus outbreak in China crippled demand. The Baltic index, which track

The demand impact that the coronavirus has had in China is rippling through to much of the rest of the complex London, 11 February (Argus) Oil prices fell sharply in response to a dramatic drop in prompt crude demand from China, much of whi

1.Chinese leisure liners go full steam ahead, forge JVs, create world-class travel ecosystem.The multibillion-dollar Chinese cruise market is evolving rapidly, and a new vista is on the horizon. 2.French oil major Total has refused to accep

According to Wang, the vessel would be a result of in-depth collaborations between Chinese and international companies. The construction of the 323.6-meter-long, 37.2-meter-wide and 72.2-meter-high Vista-class cruise ship needs 25 million c

China wants closer international cooperation to overcome the novel coronavirus epidemic and create better conditions for global trade, the Ministry of Commerce said on Monday. The country has taken a number of measures to stabilize domestic

Currently, ships directly sailing on both sides of the Straits, including Lina, Strait and COSCO Star, which will be suspended from the 10th. The MAC announced on the 7th that the mini three links passenger ship was suspended from February

VLCC The market in the Middle East dropped further this week, with the deepening impact of the coronavirus outbreak on oil demand from China keeping activity low. Rates for 270,000mt to China fell 12.5 points to the low WS 40s, while 280,00

1.All of the 1,800-plus crew members of a quarantined cruise ship, World Dream, docked at Kai Tak Cruise Terminal tested negative to the novel coronavirus pneumonia (NCP) which has infected 26 locally and over 37,000 on the Chinese mainland

All of the 1,800-plus crew members of a quarantined cruise ship, World Dream, docked at Kai Tak Cruise Terminal tested negative to the novel coronavirus pneumonia (NCP) which has infected 26 locally and over 37,000 on the Chinese mainland.

The recent outbreak of a novel coronavirus in Wuhan, China has received worldwide attention and is increasingly putting a strain on businesses. Part of the same family as Severe Acute Respiratory Syndrome (SARS) and Middle East Respiratory

1.China National Offshore Oil Corporation (CNOOC) has reportedly declared a force majeure on LNG contracts due to disruptions caused by the coronavirus outbreak. 2.Container port volumes in China could take an estimated hit of 6 million TEU