On the morning of 20th May, a delegation from Rail Cargo Austria Group (RCA) led by Mr. Thomas Kargl, member of the board of RCA, visited COSCO SHIPPING headquarters. Mr. Yu Zenggang, Executive Vice President of COSCO SHIPPING headquarters,

1.Chinese southern port operator Zhuhai Port Group is to launch the third phase of a terminal project and build two container berths at Gaolan port to meet its increasing cargo volume. 2.Chinas iron ore futures continued to rise on Monday a

Hong Kong-based dry bulk specialist Pacific Basin, today (17 May) closed a US$115m 7-year reducing revolving credit facility over 10 of the companys owned ships. The new facility is supported by a syndicate of three leading international ba

Huanghua port, a large coal hub in the Bohai-rim economic belt, beat its goal for coal handling in April, local media reported. A total 17.68 million tonnes of coal was handled at the port last month, higher than the original target, Cangzh

In the week ending May-17, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 607.4 points, slightly Full Report Below find the NCFI Weekly Index Data chart: Download PDF Source:Ningbo Shipping Exchan

Chinas iron ore futures continued to rise on May 20 after recording their best weekly performance in six weeks, buoyed by expectations of a robust near-term demand at steel mills amid strong profitability. The most-traded iron ore futures o

The Marine Environmental Protection Committee (MEPC) agreed to task its sub-committee on Pollution Prevention and Response (PPR) to look into the discharge from open-looped scrubbers, in particular the environmental impact of the washwater.

Specialist insurer Beazley has created a marine cyber insurance product to meet the rapidly developing needs of vessel owners and operators. Should a cyber incident impact a vessels operational capabilities, Beazley Cyber Defence for Marine

MPA Singapore informed the shipping community that exhaust gas cleaning residues generated by ships are classified as Toxic Industrial Waste (TIW) under Singapores Environmental Public Health (Toxic Industrial Waste) Regulations. For more i

The state-owned Zhejiang Energy is reportedly laying down the groundwork to construct a liquefied natural gas import facility in east Chinas Liuheng island. Citing a company source, Platts said a cooperation framework deal has been signed b

1.Chinas state-owned shipping giant Cocso Shipping is to work with Hainan province to jointly promote localised shipping and port asset optimisation and consolidation. 2.China Merchants Energy Shipping (CMES), the energy transport unit of C

Loaded with food, clothing and furniture, shipping company MSCs Seaspan New York left Xiamen port in East Chinas Fujian province in early April. It is the first route that the worlds second-largest shipping company has opened to link Xiamen

Another two 2,200-unit car carrier ships will join the Cosco Shipping Specialized Carriers fleet by the end of this year, according to Yan Maifeng, the captain of Chang Rong Kou. The 4,100-unit PCTC Chang Rong Kou is part of the current fle

Chinas container transport for export purposes edged up for the week ending Friday, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) stood at 804.46, up 1.6 percent from a week earlier, the e

The International Chamber of Shipping (ICS) which represents the worlds national shipowner associations remains confident that shipping will improve its carbon efficiency by at least 40% by 2030 compared to 2008, in line with the UN Interna