Carriers serving the Asia-North Europe trade are cancelling sailings to shore up declining spot rates, reports container shipping research house Alphaliner. The North Europe component of the Shanghai Containerised Freight Index (SCFI) slid

Chinas crude oil futures settled higher on Tuesday. The most active contract for June 2019 delivery gained 2.49 percent to 498.3 yuan per barrel, data from the Shanghai International Energy Exchange showed. China launched its first yuan-den

Theres been a series of positive news coming out of China lately, suggesting that the stimulus that the Chinese government rolled out earlier in the year is gaining traction. Manufacturing PMI jumped from 49.9 in February to 50.8 in March.

US energy major ExxonMobil signed a sales and purchase deal with Zhejiang Provincial Energy Group for liquefied natural gas (LNG) supply. Under the agreement, Zhejiang Energy is expected to receive 1 million metric tons per annum of LNG ove

1.Chinese President Xi Jinping called for concerted efforts to safeguard maritime peace and build a maritime community with a shared future on Tuesday during a multi-national naval event marking the 70th founding anniversary of the Chinese

Mr Khaw Boon Wan, Coordinating Minister for Infrastructure and Minister for Transport, witnessed the installation of the 221st and final caisson for Tuas Terminal Phase 1 reclamation today. Commenced in 2015, Phase 1 reclamation works are t

The port area in Taicang, a county-level city in Suzhou, Jiangsu province, saw a double increase of its logistics trade volume in two years, according to a spokesman for the Taicang port area. Statistics from the Taicang port area shows tha

MSC Cruises has posted net income of 348 million euros on revenues of 2.6 billion euros for 2018, compared to net income of 311 million euros on revenues of 2.3 billion euros for 2017, according to its recently released annual report. Ticke

In the week ending Apr-19, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 608.3 points, slightly DOWNLOAD PDF1 Below find the NCFI Weekly Index Data chart: DOWNLOAD PDF2 Source:Ningbo Shipping Exc

The Capesize market looks to be weak again in Q2 as the Vale dam accident and repairs at key ports cut demand for the vessels that typically carry iron ore and coal, according to dry bulk market participants. Freight levels slumped in Q1 af

SHANGHAI, the worlds biggest container port, posted a 12.4 per cent year-on -year increase in container volume in March to 3.81 million TEU, according to the Shanghai International Port Group (SIPG). March volumes also jumped 33.2 per cent

Chinas offshore wind energy sector is expected to boom this year onward on the back of a maturing onshore segment, and the countrys accent on growth via high-quality manufacturing and consumption upgrade. The maturing of the onshore segment

Chinas crude oil futures settled higher on Monday. The most active contract for June 2019 delivery gained 3.31 percent to 490.2 yuan per barrel, data from the Shanghai International Energy Exchange showed. China launched its first yuan-deno

1.Cosco Shipping Bulk has inked a contract for eight 210,000 dwt bulk carriers newbuildings, plus options for two more with Cosco Shipping Heavy Industry in Yangzhou, Jiangsu province. 2.China will acquire more smart shipbuilding technologi

Chinas second largest offshore oil and gas platform installed in the South China Sea, China National Offshore Oil Corporation (CNOOC) announced Thursday. The central platform and wellhead platforms for the Dongfang 13-2 Gas Fields Developme