Chinas foreign trade of goods climbed 4.3 percent year-on-year in the first four months of this year to 9.51 trillion yuan, customs data showed Wednesday. Exports increased by 5.7 percent year-on-year to 5.06 trillion yuan during this perio

1.The first batch of power generating units of the furthest offshore wind farm in China Dafeng offshore wind farm, established by Jiangsu branch of China Huaneng Group Co., Ltd, has come into operation on April 28, sources reported. 2.Globa

DNV GL, the technical advisor to the oil and gas industry, has developed a solution that reduces the risk of offshore floating vessel mooring line failure going undetected by replacing physical sensors with a machine learning algorithm that

1.Hong Kong-based Orient Overseas International Ltd. (OOIL) said that it will sell Long Beach Container Terminal (LBCT) to a consortium led by Australias Macquarie Group for $1.78 billion. 2.Chinas shipbuilding capacity utilization retreate

Hong Kongs Secretary for Transport Housing, Frank Chan revealed details of the Marine Departments first regional desks at the annual Hong Kong Shipowners Association/Marine Department annual lunch last Friday (3 May). Mr Chan, who is also C

Chinas COSCO Shipping Pisces, one the worlds largest container ships with a capacity of 20,000 TEUs, docked at Abu Dhabi Terminal at Khalifa Port in Abu Dhabi, the United Arab Emirates on Saturday, signifying that the service capacity of th

COSCO Shipping Lines and its Ocean Alliance plan to significantly increase the number of calls at the Zeebrugge port, which according to new analaysis from Alphaliner, shows that Cosco is about to realise its ambitions to turn the Belgian p

Spot rates for shipping containers from Asia to northern Europe in the week ending Friday was around US$700 per TEU, according to a poll of spot indices carried out by Londons Loadstar. The Shanghai Containerised Freight Index (SCFI) was un

The Xiamen-Kaohsiung ferry route was temporarily reopened on April 29 after a five-year suspension, as 573 passengers boarded the COSCO Star ship headed for the Taiwan city of Kaohsiung on April 29. We arrived in Kaohsiung after just one ni

Hong Kong-based Orient Overseas International Ltd. (OOIL) said that it will sell Long Beach Container Terminal (LBCT) to a consortium led by Australias Macquarie Group for $1.78 billion. OOIL, which is majority-owned by Cosco Shipping Holdi

Average capesize earnings surged by $3,750 so far this week to reach $12,346 per day, the highest level since 28 January. Rates have been rising for twelve consecutive trading days, and Tuesdays gain of $2,515 was the strongest in at least

China has issued additional crude oil import quotas of 4.31 million tonnes to seven independent refiners to be used for 2019, two sources with knowledge of the matter said. The new quotas are the top-up volumes for the first batch of 2019 q

During January-April 2019, four incidents of unauthorised boarding of ships in locations of close proximity to each other were reported in the western sector of Singapore Strait. All four incidents occurred to tug boats towing barges and dr

DNV GL, the worlds largest independent energy advisory and certification body invites renewable energy developers and sellers to visit, explore and join Instatrust? its new digital platform for renewable power purchase agreements. Instatrus

The Board of Directors (the Board) of Orient Overseas (International) Limited (the Company) has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line (OOCL) on a quarterly basis. This announcement s