Chinas large buoy working ship Xiangyanghong 22 was delivered to the East China Sea Branch of the State Oceanic Administration in Shanghai Tuesday. Built by the China State Shipbuilding Corporation Limited, the ship is Chinas first 3,000-to

The Indian Register of Shipping (IRClass) and ShipParts.com have signed a cooperation agreement to develop mutually beneficial business opportunities across the Indian and international maritime industries. Under the cooperationagreement, s

1.China Merchants Energy Shipping issued an announcement saying that the companys overseas single shipping company and the independent third party ADVANTAGETANKERSLLC signed an agreement to sell two 298,000 dwt and 296,000 dwt VLCC tankers,

China Merchants Energy Shipping issued an announcement saying that the companys overseas single shipping company and the independent third party ADVANTAGETANKERSLLC signed an agreement to sell two 298,000 dwt and 296,000 dwt VLCC tankers, t

China saw a faster year-on-year growth of 7% in coal shipment via railway in October, accelerating by 5.2 percentage points from the previous month, showed official data. The country shipped a total 200 million tonnes of coal via railway in

A delegation from Shimonoseki, Japan visited Taicang, Jiangsu province on Nov 26 in an effort to expand the two cities port-to-port cooperation into more fields. Shintaro Maeda, mayor of Shimonoseki, reflected on his previous visit to Taica

1. COSCO SHIPPING Lines has had a big year in 2019 as it became widely acknowledged that it was now the worlds third biggest international container carrier having moved up from fourth place. 2. The China Ningbo Containerized Freight Index

COSCO SHIPPING Lines has had a big year in 2019 as it became widely acknowledged that it was now the worlds third biggest international container carrier having moved up from fourth place. This came about when all the calculations were in w

The China Ningbo Containerized Freight Index (NCFI), a wind vane of Chinas busiest ports freight rates for the international container shipping market, stood at 785.4 points Friday, rising by 16.5 percent against last week. The NCFI is issu

Chinas crude oil output grew 0.3 percent year on year in October, a slower increase than the 2.9-percent rate registered in September, official data showed. The countrys crude oil output came in at 16.19 million tons last month, bringing th

Spot rates for shipping containers from Asia to northern Europe in the week ending Friday jumped 9.1 per cent to US$766 per TEU. Asia-Mediterranean increased six per cent to $730 per TEU, according to the Shanghai Containerised Freight Inde

Fitchs Sector Outlook: Negative We maintain a negative sector outlook for global shipping because of the forecast slowdown of global economic growth and a balance of risks skewed to the downside. All shipping segments have been demonstratin

1.CMB Financial Leasing has signed a sales and lease back agreement with Stolt Tankers, the world s largest chemical tanker owner, for up to 20 chemical tankers. 2.Greeces shipping minister has made a high-profile appeal to governments and

28 November 2019: Inmarsat and ABB Marine Ports, two driving forces behind maritime digitalisation, have signed a milestone Master Supply Agreement. The implementation of the agreement tackles an obstacle identified by ship owners themselve

Central China Logistics Hanya 1, the tailored 500-TEU vessel for the Wuhan-Japan direct container shipping route, departed the Yangluo port in Wuhan, capital of Central Chinas Hubei Province, and headed for Japan early on Thursday. In five