Even before the effects of the coronavirus, the Phase One agreement between China and the US failed to boost volumes of the implicated goods in January. In fact, exports of the manufactured, agricultural and energy goods included in the dea

Hong Kongs medical experts on Thursday said that to stop the further spread of the novel coronavirus, the government should tighten up port quarantine measures for overseas arrivals - especially those from Europe. As of Thursday, 21 of the

The U.S. Coast Guard sailing ship Eagle has canceled its upcoming port call scheduled for this week in Charleston, South Carolina, citing health and safety concerns. Eagle always enjoys visiting Charleston and interacting with the community

1.VLCC freight rates surged in Asia Wednesday as Saudi Arabian shipping company Bahri chartered 14 tankers ahead of Aramco output hike. 2.The board of directors of COSCO SHIPPING Specialized Carriers elected Mr. Chen Wei as the chairman of

On March 10, COSCOSHIPPING Specialized Carriersissued an announcement saying that Ding Nong resigned as chairman due to job changes. The board of directors of COSCO SHIPPINGSpecialized Carriers elected Mr. Chen Wei as the chairman of the co

VLCC freight rates surged in Asia Wednesday as Saudi Arabian shipping company Bahri chartered more than a dozen VLCCs from the spot market with the country planning to step up crude output by 3 million b/d from April, market participants sa

Chinese iron ore futures ended flat after a volatile session on Wednesday, as hopes for an improvement in demand for the steelmaking raw material were offset by worries over the rapid global spread of the coronavirus. Iron ore on the Dalian

Saudi Arabian shipping company Bahri has booked 14 super tankers to load crude oil in late-March, Reuters reported sources as saying. The spike in bookings follows the announcement by Saudi Aramco yesterday that it plans to ramp up producti

Editors note: Oil prices slid more than 30 percent over the weekend, partly due to the differences between Saudi Arabia and Russia over cutting production. The steepest decline in oil prices since the Gulf War in 1991 was followed by a rout

Premier Li calls for targeted policies to forestall damage to wider economy China will work to shorten the negative list on foreign investment and encourage financial institutions to increase foreign trade loans to cope with the impact of t

COSCO SHIPPING Holdings announced today that its subsidiary OOIL plans to build five 23000TEU container ships in Nantong COSCO KHI Ship Engineering（NACKS）and Dalian COSCO KHI Ship Engineering（DACKS）, with a total price of 778.4 mill

1.Ministry of Transport and the National Development and Reform Commission said port charges for cargo and facilities security will be cut by 20 percent from March 1 to June 30. 2.A total of five international liner ship lines departing fro

China will lower the service charges of ports to optimize the business environment and promote the work resumption of logistics firms, according to an official circular. The circular, issued by the Ministry of Transport and the National Dev

10 March 2020: Inmarsat has signed an agreement with Brazil-based startup i4sea to join our fast-growing group of certified application providers for Fleet Data. i4sea will provide a high-precision sea and weather forecasting application wi

ReCAAP Information Sharing Centre released the February 2020 Report on the situation of piracy and armed robbery against ships in Asia. Overview A total of 10 incidents of armed robbery against ships were reported in Asia in February 2020 N