Yang Ming Marine Transport Corp. (Yang Ming) signed a contract with CSBC CORPORATION, TAIWAN (CSBC) for the construction of a total of ten 2,800 TEU class full container vessels. The contract was signed by Yang Mings Chairman Bronson Hsieh

Marine engineering is a job that is very much sought after in recent years. The growth of the industry and the continued research and development in the field has rubbed off on the academic study of this engineering field and more people ha

Huang Qin, acting mayor of Wuxi, met with Loh Chin Hua, executive director and CEO of Keppel Corporation in Wuxi on August 14. The two leaders had an in-depth discussion on cooperation expansion. Wuxi is located in the geometric center of t

1.It may not be one of the world's largest container carriers, but it is still remarkable that Taiwanese Wan Hai has been able to deliver a profit in the second quarter – unlike all its competitors. 2.COSCO (China Ocean Shipping

Trans Global Projects has exited Hong Kong to consolidate operations further north in Shanghai and Dalian TGP, a U.K.-based international project logistics specialist, is aiming to further align its global network with the Chinese market to

Peak Re, a Hong Kong-based global insurer, has announced that Mr Li Tao has been appointed as chairman of the board of directors, Ms Chen Kaihong takes up the post of executive director and Ms Yuan Xi becomes non-executive director, all wit

Oil major BP on Tuesday offloaded about 1 million barrels of Angolan crude from supertanker Olympic Light to an independent Chinese refiner after holding the oil at sea for about three months, people with knowledge of the discharge said on

In response to the expected low demand after the National Day holiday in China, OOCL informs of the withdrawal of the following Asia-Europe sailings: Asia North Europe Service Loop 3, o Westbound: ETA Ningbo on October 6 in Week 40 o Eastbo

Ocean shipping rates into both US coasts are on the rise going into peak season demand. Along with ongoing import growth due to a strong US economy, market watchers also cite tighter regional trade shifts, tighter vessel supply, fuel prices

China Navigation Company (CNCo), part of the Swire Group, has expanded its presence in North America by establishing a branch office in Vancouver, Canada. The opening ceremony was graced by Bruce Ralston, Minister of Jobs, Trade Technology,

BP aims to open more gas stations in China, as the country has further opened up its market to foreign companies. Chinas new version of negative list for foreign investment, effective since July 28, has broadened the market access to foreig

1.The world's seventh-largest container liner,Evergreen Marine,booked a bottom line deficit in the second quarter.The loss came despite the fact that the company increased its revenue. 2.China imported a record amount of coal in the m

The uncertainty about what will happen to bunker prices after 2020 is creating something of a dilemma for tanker owners. We explore whether they should opt for scrubbers or not. As shipowners are normally able to pass on the additional cost

For 53-year-old Pan Guohua, his job is similar to the sport of diving: Both require a perfectly clean entry. But for Pan, it is definitely tougher. He needs to direct a 400,000-metric-ton giant vessel to dock at a speed no faster than 3 cen

Steel production in China reached a new high in July, the third monthly record in the last four months. According to the latest figures released by the National Bureau of Statistics total crude steel production was 81.24 million tonnes in J