CSSC (Hong Kong) Shipping Company, a Hong Kong-listed ship leasing firm issued a positive profit alert through the exchange on Monday. Based on a preliminary review of the unaudited consolidated accounts of the Group for the year ended 31 D

China Petrochemical Corporation (Sinopec), Chinas largest oil refiner, started to provide free natural gas Tuesday for Leishenshan hospital, one of the makeshift hospitals for novel coronavirus patients in Wuhan. The gas supply for the hosp

The Shanghai International Energy Exchange announced to temporarily suspend the nighttime trading of crude oil futures and natural rubber futures for the prevention and control of the novel coronavirus. China launched crude oil futures and

DHL Global Forwarding has expanded its instant online quotation and booking service to DHL Ocean Direct FCL (full-container-load). The service myDHLi Quote + Book makes instant bookings for air and ocean freight as well as door-to-door ship

On Thursday 30 January, the China Council for the Promotion of International Trade released a statement confirming that China was offering force majeure certificates to local companies unable to fulfil their international contractual obliga

Fleet Managements managing director has set in place the foundations for a world-leading shipmanager. His successor must build around the pillars of safety and quality asset management. ANY assessment of Fleet Managements position must begi

Duty of care towards to crew Employers owe a duty of care towards their crew. The Club has set out some recommended precautions for minimising the spread of the disease which can be found in our News Item 24 January 2020. Notice of Readines

The Baltic Exchanges main sea freight index dropped on Wednesday, with the capesize segment slumping to an all-time low due to reduced demand for ships and muted activity in China amid a coronavirus outbreak. The Baltic index, which tracks

The Philippines said on Wednesday its ports remain open to all ships, even those from China, in order not to disrupt the cargo supply chain, but the crew of vessels arriving from the coronavirus-hit nation will be barred from disembarking.

Liaoning Port Groups cargo throughput exceeded 43 million tons in January, up 2.6 percent year-on-year, despite the influence of the novel coronavirus outbreak. Iron ore, coal, commodity cars and other cargo keep increasing, with several su

A cruise ship that previously had three passengers infected with the novel coronavirus was put under quarantine after arriving in Hong Kong on Wednesday morning. The ship, World Dream, which is operated by Dream Cruises, currently has 1,800

The World Health Organization has, on Thursday, 30 January 2020, declared that the outbreak of the novel coronavirus (2019-nCoV) constitutes a Public Health Emergency of International Concern (WHO advice). United States - The novel coronavi

On February 4, China Merchants Port Groupannounced that the board of directors received the written resignation submitted by Fu Gangfeng, chairman of the company, on January 31, 2020. Due to the change of work, Fu Gangfeng applied to the bo

1.Chinese oil demand has dropped by about 3 million barrels a day, or 20% of total consumption, as the coronavirus squeezes the economy. 2.China Merchants Port received the resignation submitted by the companys chairman, Fu Gangfeng. And De

Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, issued today the following statement in response to the 2019-novel coronavirus outbreak and the World Health Organizations (WHO) declaration of