The China Tianjin Bulk Freight Index (TBI), an indicator of northern Chinas international bulk freight rates, stood at 522.03 points on Tuesday, down 1.57 percent compared with the previous working day. The statistical samples of TBI cover

Two Singapore-based executives of consultancy EY have been appointed as the Interim Judicial Managers (IJM) of Singaporean shipping firm Ocean Tankers (Pte) Ltd, a unit of troubled oil trader Hin Leong Trading Pte Ltd, EY told Reuters on Tu

A total of 91 vessels carrying 14.05 million mt of iron ore arrived at major Chinese ports during May 3-9, SMM estimates. This was up 1.21 million mt from the prior week, and up 1.72 million mt from the same period last year. For the same w

On the afternoon of May 9, COSCO SHIPPING and Shanghai Huayi (Group) Company concluded a strategic cooperation agreement in Shanghai. Capt. Xu Lirong, Chairman of COSCO SHIPPING, Mr. Fu Gangfeng, Director of the Board and President of COSCO

Hu Wenming, former chairman of theChina Shipbuilding Industry Corporation （CSIC）, issuspected of violation of discipline and law. He is is being investigated by the Communist Party of China Central Commission for Discipline Inspection a

The Philippines fully supports the recognition of Filipino seafarers as key workers ensuring that ship crew changes can take place safely amid COVID-19 pandemic. This was in response to the statement of International Maritime Organization (

1. The first 5G smart port jointly developed by COSCO SHIPPING Ports Limited, Dongfeng Commercial Vehicle and China Mobile (Shanghai) for driverless container truck has passed the trial run. 2.Fire fighters extinguish fire which broke out o

The historical descent of the Paran river has already caused losses to the country for more than 240 million dollars in these first five months of the year, according to a study by the Rosario Stock Exchange (BCR), and the situation causes

FILE PHOTO: Grain is loaded aboard ships on a port on the Parana river near Rosario, Argentina, January 31, 2017. Picture taken January 31, 2017. REUTERS/Marcos Brindicci/File Photo By Lucila Sigal BUENOS AIRES, May 10 (Reuters) Ships trans

On May 8, the worlds largest container ship HMM Algeciras of Hyundai Merchant Marine left Yantian International Container Terminal with fully loaded, setting a new world record in freight volume. HMM Algeciras is about 400 meters long, 61 m

On May 9, COSCO Shipping Heavy Industry (Yangzhou) successfully delivered the second 208000 DWT bulk carrier HAGEN OLDENDORFF for CDB Leasing, 20 days ahead of the contract delivery time. On the day of delivery, COSCO Shipping Heavy Industr

In the morning of May 11, an automated driverless truck for containers delivered the containers for loading the Vessel COSCO SHIPPING ROSE next to the shore bridge No. 102 and collected containers unloaded from the vessel under the shore br

Fire fighters extinguish fire which broke out on a crude oil tanker at Waruna Shipyard at the Port of Belawan in Indonesias province of North Sumatra, May 11, 2020. A fire broke out on a crude oil tanker docked at Waruna Shipyard at the Por

The markets, particularly for shipping, oil and stocks, have been highly volatile over the last few months and the news cycle endless. In these times of uncertainty, real time and objective data is critical to understand and take advantage

Paris MOU has issued its latest guidance related to COVID-19 for Port State Control Authorities. 1 MAB has considered and agreed that, noting the global impact of COVID-19, there is need to apply flexibility under these special circumstance