Cosco Shipping Bulk signed a strategic cooperation framework agreement with Tianyuan Manganese Industry Group on March 7. Cosco Shipping Bulk is the largest and professional bulk shipping corporation in the world, with more than 400 various

Yang Ming Marine Transport Corporation (Yang Ming) held its 382nd Board Meeting today (9) to approve the annual financial report for 2022. The Company set a new record by achieving consolidated revenues of NTD 375.9 billion (USD 12.61 billi

On March 3, 2023, Yang Xianxiang, Vice Chairman and CEO of SITC International, Xue Mingyuan, president of SITC Shipping Group and Lai Zhiyong, president of SITC Logistics Group visited Dalian Maritime University and had a discussion with Su

China remained the most important partner for German seaports in container traffic in 2022, accounting for more than one-fifth of the countrys container throughput, the Federal Statistical Office (Destatis) said on Thursday. A total of just

Hempel joins the International Maritime Organization (IMOs) Global Industry Alliance (GIA) for Marine Biosafety to work with industry to support shippings emissions reduction pathway and to mitigate against the spread of invasive species. K

Hyundai Samho Heavy Industries Co. and HJ Shipbuilding Construction Co. (HJSC) have respectively ordered seven and two MAN BW G80ME-LGIM dual-fuel engines in connection with the construction of 9 9,000 teu container vessels for HMM Co., the

The Baltic Exchanges main sea freight index rose to an 11-week high on Thursday as rates across larger vessel segments extended gains, led by capesize vessel segment. The overall index, which factors in rates for capesize, panamax, and supr

The build-up of empty containers at Chinese ports and lower oceanshipping costs should be taken as positive signs instead of hints of slumping global trade, according to senior Chinese trade analyst Gu Xueming. Gu, who is director of the Ch

Brazils soybean harvest is behind schedule due to heavy rain with exports down 31% y/y in the first two months of 2023. But despite the slow start, Brazil is headed for a record harvest and a sharp increase in exports during the coming mont

Wrtsil receives first CCS-Ready scrubber order, further propelling maritime decarbonisation. The technology group Wrtsil has received its first order for carbon capture and storage-ready scrubber systems - CCS-Ready scrubbers - the company

Exports have provided strong support for Chinas economy, and the country needs to continue to focus on the role of exports in economic growth. Especially in 2022, due to multiple factors both at home and abroad, exports contributed more tha

Bermuda Maritime Operations Centre reported containers loss from container ship MSC SHRISTI some 350 nm east of Bermuda. Some 45 empty containers fell overboard on 3 different occasions, in rough weather. According to track and AIS records,

The Baltic Exchanges main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose for the 14th straight session on Wednesday powered by gains in the capesize and panamax vessel segments. The overall index, which

With both extraordinary Inmarsat-6 satellites in space, Inmarsat has taken the next major step on its journey to cater for Maritimes future connectivity needs. I-6 F2, the second of two state-of-the-art Inmarsat-6 satellites, launched on 17

Jeff Woyda International Transport Intermediaries Club (ITIC) - a mutual insurer which provides professional indemnity cover for transport intermediaries operating in the marine, offshore, renewable and aviation industries - has appointed J