The much-heralded Hong Kong Seaport Alliance is to be gradually implemented from today (1 April). First announced in January 2019, the joint operating agreement is set to deliver enhanced service offerings across 23 berths under a common te

Spot rates from China to North Europe fell 4.8 per cent on Friday from the previous week to US$684 per TEU, according to the Shanghai Containerised Freight Index (SCFI). Asia-Mediterranean trade fell one per cent to $725 per TEU, Londons Lo

The worlds leading marine box manufacturer, Singamas Container Holdings saw its 2018 net profit increase to US$72.25m compared to US$45.45m in 2017. The improved profit was earned off the back of record revenues that reached US$1.78bn. Chai

Chinas iron ore futures extended gains on April 1 after recording its best quarter in nine, buoyed by strong economic data and tight supply concerns after Rio Tinto cut its 2019 output for iron ore shipments. The most-active iron ore contra

COSCO SHIPPING Holdings Announces 2018 Annual Results Achieve Leapfrog Development through Strategic Implementation, Shift the Focus on High-quality Growth COSCO SHIPPING Holdings Co., Ltd (COSCO SHIPPING Holdings or the Company) (SSE: 6019

COSCO SHIPPING Ports Limited (COSCO SHIPPING Ports or CSP or the Company, SEHK: 1199), the worlds leading ports operator, today announced full year results of the Company and its subsidiaries (the Group) for the year ended 31 December 2018.

Chinas containerised export volumes dipped in the week ending March 22, according to the Shanghai Shipping Exchanges average China Containerised Freight Index (CCFI), with the CCFI dipping 0.9 per cent from a week earlier to 813.37, reporte

1.COSCO SHIPPING LINES signed LSFO supply agreement with Double Rich Limited on 28th of March, 2019. According to the agreement, Double Rich limited will provide fuel oil with sulfur content not exceeding 0.5%m/m conforming to the regulatio

BIMCO, the worlds largest international shipping association, is developing various clauses and contracts to help shipowners prepare for the International Maritime Organizations global sulfur limit rule for marine fuels, starting January 1,

COSCO SHIPPING LINES signed LSFO supply agreement with Double Rich Limited on 28th of March, 2019. According to the agreement, Double Rich limited will provide fuel oil with sulfur content not exceeding 0.5% m/m conforming to the regulation

IMOs treaty for safe and environmentally sound ship recycling has received another boost. Japan has become the 10th country to become a Party to the Hong Kong Convention. The Convention covers the design, construction, operation and mainten

China National Offshore Oil Corp, the nations largest producer of offshore oil and gas, produced 27.73 billion cubic meters of natural gas and imported 26.42 million tons of liquefied natural gas in 2018, making it the countrys second-large

Hong Kong-based Kerry Logistics turned in a sterling 2018 performance with a net profit of HK$1.326bn (US$168.8m), an increase of 12% over 2017s HK$1.183bn. The rise in net profit was fuelled by a 24% increase in revenue to HK$38.14bn. Comm

Chinas crude oil futures settled lower on Thursday. The most active contract for May 2019 delivery was lost 1.24 percent to 453.2 yuan per barrel, data from the Shanghai International Energy Exchange (INE) showed. China launched its first y

1.Japan has joined the International Maritime Organizations (IMO) Hong Kong Convention for the safe and environmentally sound recycling of ships on March 27. 2.Nanjing Tanker, the tanker unit of Sinotrans CSC, has announced that Shanghai St