Some ports in India including those owned by Adani Ports SEZ Ltd have declared force majeure after Asias third-biggest economy announced a 21-day lockdown to prevent the spread of the coronavirus, documents seen by Reuters showed. The feder

On 23 March, OOIL (Stock Code: 00316.HK) announced 2019 annual results. The net profit attributable to shareholders was US$1.3 billion, and if excluding the one-off gain from the sale of its interests in the Long Beach Container Terminal, t

On March 24, the construction ceremony of the first four 325,000 dwt very large ore carriers built by Yangzijiang Shipbuilding Group was held in Yangzi Xinfu Shipbuilding. The project is financed by Bank of Communications Financial Leasing

CSSC Offshore Marine Engineering issued an announcement that the company sold 27.4214% equity of Guangzhou Shipyard International to China State Shipbuilding Corporation. CSSC paid the transaction consideration by way of non-public issue of

1.ICS stepped up its campaign to keep global supply chains open by issuing an open letter to G20 Governments due to meet. 2.More than 800 cases of laboratory-confirmed COVID-19 cases and 10 deaths occurred during outbreaks on three cruise s

The board of directors (the Board) of COSCO SHIPPING International (Hong Kong) Limited (COSCO SHIPPING International (Hong Kong) or the Company, stock code: 00517.HK) today announced the audited consolidated results of the Company and its s

The International Chamber of Shipping today stepped up its campaign to keep global supply chains open by issuing an open letter to G20 Governments due to meet today. The letter, which has been signed off by the heads of ICS and the Internat

Oil Companies International Marine Forum (OCIMF) has issued an update to its COVID-19 bulletin, which gives further guidance on Ship Inspection Report Programme (SIRE)/Offshore Vessel Inspection Database (OVID) inspections. In the update, O

To enhance China New Zealand Service (CNS) and meet customer needs, OOCL will be offering the fastest transit times for southbound shipments from North-East Asian markets to Wellington. Our direct port call to Wellington will replace Port C

Since the novel coronavirus outbreak, CNOOC and its overseas subsidiaries have stepped up efforts on epidemic prevention and control to ensure the physical and mental health of employees while steadily advancing overseas operations. CNOOC I

On March 23, China Merchants Bank held the 2019 annual results announcement and presentation to investors and analysts through video-conferencing for the first time. Li Jianhong, Chairman of China Merchants Group and Chairman of China Merch

From the desk of the Panama Maritime Authority Administrator, Noriel Arauz. Dear shipowners, customers and all seafarers. As the Panama Maritime Administrator supervising the Panama Ship Registry, I want to reassure our loyal customers who

Chinas comprehensive import price index for liquefied natural gas (LNG) rose last week, according to Shanghai Petroleum and Natural Gas Exchange (SHPGX). The LNG index, not including tax, came in at 2,979 yuan (about 422 U.S. dollars) per t

Crude oil futures opened higher Tuesday in daytime trading on the Shanghai International Energy Exchange. The most active crude oil contract for May delivery was up 15.5 yuan (about 2.18 U.S. dollars) to open at 250.1 yuan a barrel. China l

Cruise ships are often settings for outbreaks of infectious diseases because of their closed environment and contact between travelers from many countries, according to the report. WASHINGTON, March 23 (Xinhua) -- More than 800 cases of lab