The composite index inched up 0.2% or $12 this week, and also, remains 220.2% higher than a year ago. The average composite index of the WCI, assessed by Drewry for year-to-date, is $5,139 per 40ft container, which is $3,381 higher than the

ENN LNG, a subsidiary of Chinese gas major ENN Group, has issued a tender seeking liquefied natural gas (LNG) for ten years starting in 2022. ENN LNG is looking for between 500,000 and 1 million tonnes of LNG a year, with prices benchmarked

The Baltic Exchanges main sea freight index, which tracks rates for capesize, panamax and supramax vessels, rose on Thursday, helped by strong demand for capesize vessels. The Baltic dry index, which tracks rates for capesize, panamax and s

While the EU economy has bounced back from the depths of 2020, the outlook is still poor for 2021 and the recent surge in cases thanks to the UK variant is not helping. The huge hedge-fund backed rally in carbon prices has meant burning coa

Geelong Waterfront Safe Harbour Precinct Ideally nested in the Port Phillip bay, the Geelong Waterfront is one of the most popular seaside locations in Victoria. The marina is part of a large waterfront development offering various touristi

Leading integrated container shipping service provider, COSCO SHIPPING Holdings Co., Ltd. (COSCO SHIPPING Holdings or the Company) (SSE: 601919; HKEx: 1919) announced today its annual results for the twelve months ended 31 December 2021 (th

30 March 2021, COSCO SHIPPING Energy Transportation Co., Ltd. ( the Company, stock code: 600026.SH/01138.HK announced its 2020 annual result. Revenues of the Comapny increased by approximately 18.58% to approximately RMB162,98 million. Prof

In the Chuanshan port zone at Ningbo-Zhoushan Port, Zhejiang province, thousands of ocean shipping containers are waiting to head out to sea as demand for goods remains high at home and abroad. Our employees have been busy, and havent had m

On March 31, the fifth 210,000dwtseries bulk carrier HUI GUO HAI (N950) contracted byCOSCO SHIPPING Heavy Industry(Yangzhou) was successfullychristened in Yangzhou. The 210,000dwtNewcastle bulk carrier has a total length of 299.95m, awidth

MCTC, the leading international catering management and training provider, has transformed seafarers into high calibre chefs showcasing their techniques and skills through its annual Cooking Competition. Galley crews were invited to create

CMPort adheres to the strategic directives in 2020 Recurrent profit maintains steady The Board of Directors (the Board) of China Merchants Port Holdings Company Limited (CMPort or the Company, HKSE Code: 00144) announces the annual results

Italys Eni and Chinas Zhejiang Energy signed a Memorandum of Understanding (MoU) on strategic cooperation across the gas and LNG value chain in China and internationally. The MoU establishes a cooperation framework and builds on the compani

China National Offshore Oil Company, or CNOOC, said on Tuesday its gas and power unit would fuel 50 gas-powered vessels to be built by a state-run shipping group as part of the countrys gasification push. The vessels, all for dry bulk shipm

Chinese shipyard Yangzijiang Shipbuilding Group Ltd has built a VLOC for Kukje Maritime Investment Corporation (Kmarin) of the Republic of Korea, the Chinese shipbuilder said. The ore carrier measuring 340 meters in length and boasting a ca

Products targeted for exports piling up on wharves as raw material costs increase rapidly due to contagion constraints Surging overseas orders for Chinese goods are creating rising pressure on ports and shipping companies, and related parti