Chinas container transport for export purposes continued to contract last month due to weak demand during low seasons, according to a report released by the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) ca

The recently formed Hong Kong Seaport Alliance is looking to reclaim 2m teu of volume from its competitors in the region by 2020, Group managing director of Modern Terminals, Peter Levesque declared in an address to the American Chamber of

Landbridge VLCC International, the Hong Kong-based subsidiary of Chinas Landbridge Group announced it had concluded a sale and lease back transaction for a VLCC, with alternative investment form, Varde Partners. The deal was arranged by Par

According to the preliminary estimate, the consumption of natural gas in China exceeded 27 million cubic meters in 2018, registering a YOY increase of more than 10%, said a report. The growing Chinese economy and stricter environmental prot

On Thursday, May 9, 2019, Total Lubmarine brought its Total Global Sulfur Cap Forum to New York City, a meeting including of Total Lubmarine business and technical executives and shipowners. The event, held aboard the historic Aircraft Carr

Hapag-Lloyd says repairs have completed on board the fire-stricken containership MV Yantian Express in Freeport Harbour, Bahamas and will depart on Wednesday May 15th. The vessel is currently berthed at the terminal in the Bahamas. Reloadin

In 2017, Gard signed the worlds first insurance industry statement on sustainable marine insurance. Through this statement, we are committed to tackling illegal, unreported and unregulated (IUU) fishing through education, awareness building

At the Annual General Meeting to be held in London today, Bill Thomas, Chairman of Clarksons, made the following trading statement covering the period from 1 January 2019 to 8 May 2019. The trends outlined in the outlook statement within ou

Hong Kong-headquartered Singamas Container Holdings will sell four of its container manufacturing units in China to Cosco Shipping Financial Holdings for US$562 million, confirming an announcement in March of such a sale, reports Singapores

1.Huawei and Guangzhou Port Group will collaborate to establish a 5G port innovation center in Guangzhou city. The center will be built under the framework of the Guangdong-Hong Kong-Macao Greater Bay Area and its announcement was made duri

Landbridge VLCC International, the Hong Kong-based subsidiary of Chinas Landbridge Group announced it had concluded a sale and lease back transaction for a VLCC, with alternative investment form, Varde Partners. The deal was arranged by Par

A joint venture focusing on multimodal transport is being established this month at the port of Shanghai, as part of efforts to increase transport efficiency and lower carbon emissions, according to a top company executive. Sea and rail tra

Classification society DNV GL has awarded approval in principle (AIP) to Hyundai Heavy Industries for the design of a jetty-moored near shore FLNG barge. DNV GL reviewed the design based on the feasibility of constructing the FLNG barge usi

The long-awaited commencement of the Hong Kong ASEAN will take partial effect from 11 June as Hong Kong, Myanmar, Singapore and Thailand begin to honour their commitments under the FTA. The dates of entry into force for the remaining seven

Chinas iron ore futures finished higher on Thursday. The most active contract for September 2019 delivery finished the day session up 0.08 percent to 644.5 yuan per ton. China has opened the domestically-traded iron ore futures to foreign i