Hong Kong-based Yun Lee Marine Group has taken a 51% stake in compatriot marine services provider, New Legend, at a cost of HK$34.5m (US$4.4m). Yun Lee Marine offers vessel chartering services within Hong Kong waters, and the companys prime

ShipParts.com held the e-Procurement Seminar in Brazilian Offshore Marine on August 8 th in Rio de Janeiro. The event brought together guest speakers from Bureau Veritas (BV), China Classification Society (CCS), Korea Marine Equipment Associ

A new container shipping line between Qingdao and Weihai, two coastal cities in eastern Shandong province, witnessed its maiden voyage on Saturday, a fresh step to accelerate port asset integration in the province. Li Fengli, general manage

1.Chinas Jinjiang Shipping has launched a container shipping service for Taicang Port-Southeast Asia. 2.Cosco, the operator of Piraeus port, plans to build a $400m fourth terminal at Greeces leading port. 3.A new freight train service has b

A new freight train service has been launched linking Jinan, capital of east Chinas Shandong Province, and Budapest, capital of Hungary, making it the newest China-Europe freight train route. According to Xinhua, this is the fifth freight t

Chinas crude oil output gained 2.5 percent year-on-year in July, data from the National Bureau of Statistics (NBS) showed Wednesday. The growth accelerated from a rise of 1 percent registered in June, according to the NBS. The countrys crud

Just as much salvation has been brought to the world due to developments in marine industry in terms of better technology, there is no denying the fact that simultaneously the natural balance of things has had to pay a price. With ship tran

China plans to build an efficient and environmentally friendly freight system in its western region by 2025 through expanding railway networks and sea ports, according to the latest plan by the National Development and Reform Commission (ND

Guangxi province in southwestern China ramped up coal shipments via railway to Hengzhou power plant, one major coal-fired utility in the province, to meet surging power demand amid scorching weather. Electricity consumption jumped quickly f

Sinanju inks time charter agreement for Singapores first LNG dual-fuel powered bunker tanker Will deliver ExxonMobil low-sulphur marine fuels from Q1 2020 Sinanju Logistics Services, the tanker operating arm of Sinanju Tankers Holdings (Sin

1.China has decided to adjust the security level of Chinese ships sailing and intending to sail to the Straits of Malacca to level 1 from 22:00 on August 12, 2019. 2.Cosco Shipping International (Singapore) Co is expanding in Malaysia with

Port Security and Modernization Asia Summit on 3 - 4 December in Singapore

Yang Ming Marine Transport Corporation (Yang Ming) held its 338th Board Meeting on August 13th, 2019 to approve its half year financial report for 2019. The consolidated revenues for the second quarter totaled NTD 40.4 billion (USD 1.3 bill

In response to the expected low seasonal demand, OOCL inform the withdrawal of the following Trans-Pacific sailings: Pacific China South 1 (PCS1) APL FULLERTON E/W: ETA Fuqing on August 24 in Week 34 for EASTBOUND, and ETA Los Angeles on Se

Chinas index of export container transport edged down last week, according to the Shanghai Shipping Exchange, reports Xinhua. The average China Containerised Freight Index (CCFI) stood at 817.64, down 0.7 per cent from a week earlier, the e