On the afternoon of November 29, 2019, accompanied by Liu Jian, Deputy Director of International Department of General Administration of Customs of China, some customs officials from Hungary, northern Macedonia, Serbia and Greece visited CO

The China Ningbo Containerized Freight Index (NCFI), a wind vane of Chinas busiest ports freight rates for the international container shipping market, stood at 785.4 points Friday, rising by 16.5 percent against last week. The NCFI is issu

Chinas crude oil output grew 0.3 percent year on year in October, a slower increase than the 2.9-percent rate registered in September, official data showed. The countrys crude oil output came in at 16.19 million tons last month, bringing th

Spot rates for shipping containers from Asia to northern Europe in the week ending Friday jumped 9.1 per cent to US$766 per TEU. Asia-Mediterranean increased six per cent to $730 per TEU, according to the Shanghai Containerised Freight Inde

Fitchs Sector Outlook: Negative We maintain a negative sector outlook for global shipping because of the forecast slowdown of global economic growth and a balance of risks skewed to the downside. All shipping segments have been demonstratin

1.CMB Financial Leasing has signed a sales and lease back agreement with Stolt Tankers, the world s largest chemical tanker owner, for up to 20 chemical tankers. 2.Greeces shipping minister has made a high-profile appeal to governments and

Kawasaki Kisen Kaisha, Ltd. (KLINE) and FueLNG Pte Ltd.(*) (FueLNG) have concluded a ship management agreement for the 7,500CBM LNG-Bunkering Vessel (LBV) that FueLNG will own, operate and carry out all commercial operations. The partnershi

28 November 2019: Inmarsat and ABB Marine Ports, two driving forces behind maritime digitalisation, have signed a milestone Master Supply Agreement. The implementation of the agreement tackles an obstacle identified by ship owners themselve

India, one of the worlds five major ship recycling countries, has acceded to the IMO Hong Kong Convention, the treaty that will set global standards for safe and environmentally-sound ship recycling. Indias accession brings this important c

Central China Logistics Hanya 1, the tailored 500-TEU vessel for the Wuhan-Japan direct container shipping route, departed the Yangluo port in Wuhan, capital of Central Chinas Hubei Province, and headed for Japan early on Thursday. In five

On November 21, local time, the COSCO SHIPPING Charity Foundation donation ceremony for the Children Included program was held at the Port of Piraeus in Greece. Mr. Antonios Avgerinos, President of the Hellenic Red Cross, Mr. Yiannis Plakio

Greeces shipping minister has made a high-profile appeal to governments and the IMO to consider postponing the 2020 sulphur cap implementation. But IMO is clear that a delay is not possible. Delay in sulphur cap over safety issues Ioannis P

Congratulations to Panama for the 198 independence anniversary. On November 28, 1821 Panama got its independence from Spain. November is a special month for Panama because it was also in the month of November (3rd, November 1903) that they

According to the official information of Hudong-Zhonghua Shipbuilding Group, China State Shipbuilding Corporation welcomed its first big order after its official establishment! On the afternoon of November 26, Hudong-Zhonghua Shipbuilding G

1.According to the official information of Hudong-Zhonghua Shipbuilding Group, China State Shipbuilding Corporation welcomed its first big order after its official establishment! 2.Eagle Bulk Shipping (EBS), the US-based fully integrated sh