1.China has decided to adjust the security level of Chinese ships sailing and intending to sail to the Straits of Malacca to level 1 from 22:00 on August 12, 2019. 2.Cosco Shipping International (Singapore) Co is expanding in Malaysia with

1 Shanghai Yet again Shanghai claims the title for the worlds largest container ship port with 42M TEU but its annual rate of growth has slowed, from 8.3% in 2017 to 4.4% this year. A major factor was slow domestic container growth. From Ja

Port Security and Modernization Asia Summit on 3 - 4 December in Singapore

Yang Ming Marine Transport Corporation (Yang Ming) held its 338th Board Meeting on August 13th, 2019 to approve its half year financial report for 2019. The consolidated revenues for the second quarter totaled NTD 40.4 billion (USD 1.3 bill

In response to the expected low seasonal demand, OOCL inform the withdrawal of the following Trans-Pacific sailings: Pacific China South 1 (PCS1) APL FULLERTON E/W: ETA Fuqing on August 24 in Week 34 for EASTBOUND, and ETA Los Angeles on Se

Chinas index of export container transport edged down last week, according to the Shanghai Shipping Exchange, reports Xinhua. The average China Containerised Freight Index (CCFI) stood at 817.64, down 0.7 per cent from a week earlier, the e

David Palmer, the chief executive at Hong Kongs Wah Kwong, one of Hong Kongs leading dynastic shipowners, has announced he will retire in September, after a 17-month tenure. Mr Palmer was recruited to help initiate a refocus of the companys

China National Petroleum Corp, the countrys largest oil and gas producer in terms of output, has signed a contract with the government of Benin in West Africa to build and operate a crude oil pipeline in the region, the company said in a st

Chinas iron ore futures finished higher on Wednesday. The most active contract for January 2020 delivery finished the day session up 0.72 percent to 631.5 yuan per ton. China has opened the domestically-traded iron ore futures to foreign in

According to the relevant provisions of the Peoples Republic of China international ship security rules,after comprehensive judgment, it is now decided to adjust the security level of Chinese ships sailing and intending to sail to the Strai

Mr Wang Hong, Executive Vice President of China Merchants Group (CMG), met with Mr Luciano Siani Pires, Chief Financial Officer of Vale S.A., and Mr Marcello Spinelli, Executive Director of Ferrous Minerals, in Rio de Janeiro, Brazil. Also

On August 12, a thematic educational acitivity on Remain True to Our Original Aspiration and Keep Our Mission Firmly in Mind and a symposium on cooperation between centrally-adminsitered state-owned enterprises (SOEs) and local departments

In a scenario in the future, two autonomous ships made by different manufacturers meet each other. How will these ships interact? How complicated will navigation be? Will the vessels discuss complex navigational manoeuvres? Is there a guara

1.On August 12, a thematic educational acitivity on Remain True to Our Original Aspiration and Keep Our Mission Firmly in Mind and a symposium on cooperation between centrally-adminsitered state-owned enterprises (SOEs) and local department

Frontline Ltd. (Frontline) (NYSE and OSE: FRO) and Golden Ocean Group Limited (Golden Ocean) (NASDAQ and OSE: GOGL) (together, the Companies) today announced that they have entered into a non-binding term sheet agreement with Trafigura Grou