On April 14, China issued a document, saying that Chile will grant equal treatment to Chinese international transport enterprises, while exempting Chilean enterprises from value-added tax for their income from international transport busine

The first quarter has passed. In the face of difficulties such as the Spring Festival Holiday, epidemic prevention and control, and resumption of production, Yangzijiang Shipbuilding took a series of measures after the Spring Festival. From

New research published yesterday predicts that China will lead the $1bn autonomous shipping market by 2025. A new report published today by technology research and innovation consultancy Thetius, predicts that the Peoples Republic of China

In light of the preventive measures taken by ports states, making crew change and repatriation difficult, if not impossible, many flag states and administrations are taking a pragmatic approach to statutory certificates and agreements in li

On April 11, Group President Hu Jianhua met with the Governor of Liaoning province Tang Yijun in Shenyang. Executive Vice President, Wang Cuijun and, Chief Digital Officer, Director of Financial Business Division, Zhang Jian attended the me

Over 106,000 people have lost their lives as reported on the WHO COVID-19 dashboard due to the pandemic. In these challenging times, the Maritime sector under the guidance of the IMO, ILO and other industry bodies have issued guidance to en

The Board of Directors (the Board) of China Merchants Port Holdings Company Limited (CMPort or the Company, HKSE Code: 00144) is pleased to announce the audited consolidated results of the Company and its subsidiaries (the Group) for the ye

Singapores oil trading giant Hin Leong Group, which is also one of the worlds largest tanker owners, has become the latest to feel oils whiplash amid an unprecedented drop in demand for the commodity. Given its girth, the companys debt woes

1.GCL Oil Natural Gas has entered into a framework deal with the Hague-based energy giant Shell to market and trade liquefied natural gas in eastern China. 2.The cargo throughput of Yantai port in East Chinas Shandong province reached 79 mi

China Merchants Heavy Industry will set up a joint venture with Singapore-based Dyna-Mac, a supplier of FPSO modules, to better develop the construction of high-end offshore equipment such as FPSO. On April 9, China Merchants Heavy Industry

Bank of Communications Financial Leasing plans to expand its fleet, ordering eight new VLOCs and one very large container ship. A source familiar with BoComm Leasing said that the company ordered four 325,000 dwt ships in Qingdao Beihai Shi

GCL Oil Natural Gas has entered into a framework deal with the Hague-based energy giant Shell to market and trade liquefied natural gas in eastern China. Under the deal, the privately-owned Chinese company and Shell will look into setting u

The new coronavirus caused barely a blip in Chinas imports of major commodities, but this likely underscores the ways China differs from the rest of the world, rather than providing a template for the globes recovery from the pandemic. Chin

The cargo throughput of Yantai port in East Chinas Shandong province reached 79 million tons in the first quarter of 2020, up 6.3 percent from the same period last year. The performance was a promising start for the port in 2020, despite th

The South African Maritime Safety Authority (SAMSA) has vowed to take all possible steps necessary to prevent people abuse on board ships sailing on South Africas oceans, inclusive of taking such harsh punitive measures as necessary, as pro