In the week ending Nov-15, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 690.2 points, slightly Download PDF1 Below find the NCFI Weekly Index Data chart: Download PDF2 Source:Ningbo Shipping Exc

The average China Containerized Freight Index (CCFI) fell 4.6 percent month-on-month to stand at 784.22 points last month, said the SSE. In the first 10 months of 2019, the index averaged 822.78, up from 817.8 points for 2018. In October, t

1.On November 15th, the worlds two largest LNG powered PCTC built by XIAMEN Shipbuilding Industry officially named by the world-renowned automobile transportation and shipping company Siem Car Carriers. 2.COSCO has won EUR140 million (US$15

Wuhan, capital of central Hubei province, is set to launch a direct shipping route for container vessels linking the city with Japan, according to the Changjiang Daily. One of the vessels on the new run is Hanya 2 which has a total length o

Maritime trade between Arctic destinations and the rest of the world is expected to expand and an increasing number of ships are now undertaking voyages in polar waters. Technical developments in ship design and equipment continue to facili

1.Chinese authorities released a guideline to accelerate the building of world-class ports, outlining major tasks and a timetable for the sectors development. 2.Golar LNG has inked a sale and leaseback deal with CSSC Shipping, the financial

GE Renewable Energy has signed a cooperation agreement with State Power Investment Corp (SPIC) to bring the Haliade-X 12MW offshore wind turbine to China. GE announced in March last year that it will invest more than USD 400 million to deve

The international accredited registrar and classification society DNV GL has presented South Korean shipbuilder Samsung Heavy Industries Co., Ltd. (SHI) with an Approval in Principle (AIP) for the Cyber Secure (Advanced+) notation. Accordin

OceanRail Logistics, part of the Cosco Shipping Group, acquired 60% of the Greek railway company Piraeus Europe Asia Rail Logistics (PEARL) as part of its plan to develop its intermodal transport services network. OceanRail specializes in s

1.Chinese energy giant Sinopec is planning to build a fleet of 100 barges over the next three years as part of its mission to become a major regional supplier of the IMO 2020-compliant VLSFO. 2.China will make a billion-dollar investment in

On the morning of November 12, 2019, the opening ceremony of China Merchants RoRo Transportation Company (Guangzhou) was held in Nansha free trade zone, Guangzhou. Xie Chunlin, chairman of China Merchants Energy Shipping, reviewed the coope

Homegrown vessels to create job opportunities, establish new supply chain and promote tech innovation in China China has impressed the world with the construction of its high-speed railways and its first self-built large jetliner, and now t

Introduction The new IMO global sulphur cap requirements enter force on 1 st January 2020 and a robust and consistent approach to compliance is expected by all Port State Control (PSC) regimes. PSC inspections will be carried out in accorda

1.Dalian Area of China (Liaoning) Pilot Free Zone held a press conference on 12 November, announcing the launch of two new modes of bonded ship oil supply supervision. 2.The fourth phase of Nansha Port will accelerate the development of Gua

Dalian Area of China (Liaoning) Pilot Free Zone held a press conference on 12 November, announcing the launch of two new modes of bonded ship oil supply supervision, namely centralized distribution and supply and two-warehouse adjustment an