2M shipping alliance partners Maersk Line and Mediterranean Shipping Company (MSC) are to shelve another Asia-north Europe sailing at the beginning of March owing to weaker-than-expected demand. The 14,500 TEU Estelle Maersk, deployed on th

Xiamen plans to expand its international sea-rail combined transportation based on the booming China (Xiamen)-Europe trains, local media reported on Feb 21. The freight collection scope of the Xiamen-Europe trains has been extended to Taiwa

The Port of Shanghai, the worlds largest port by TEU (twenty-feet equivalent unit) volume has announced it will cooperate with the Port of Ningbo, the worlds largest port by cargo turnover, in the development, operation and management of th

Chinas iron ore futures settled lower on Thursday. The most active contract for May 2019 delivery finished the day session down 1 percent to 615 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors si

1.The Inaugural Opening Ceremony Business Event of COSCO Shipping Investment Dalian Co.，Ltd . is held at InterContinental Dalian on 21 Feb, 2019. 2.Shell Marine integrated solutions have saved the equivalent of around $123,000 annually fo

The Inaugural Opening Ceremony Business Event of COSCO Shipping Investment Dalian Co.，Ltd is held at InterContinental Dalian on 21 Feb, 2019. Mr. Xu Lirong, the Chairman of the Board and Party Secretary of China COSCO SHIPPING Corporation

Progress on the transformation of A. P. Moller - Maersk continued in 2018. Customers benefitted from integrated offerings, digital solutions and robust network improvements. Since 2016, the topline has grown by 43%, to USD 39bn in 2018, an

The oil market is notoriously linked to geopolitics. Most recently, the political situation in Venezuela creates turmoil in the region and particularly affects crude oil exports. Demand drivers and freight rates The tanker market has made t

On February 18, Chairman of COSCO SHIPPING Capt. Xu Lirong led a delegation to China Baowu Steel Group Corporation Limited and held friendly talks with its Chairman Cheng Derong and some other leaders. The two sides had an in-depth exchange

As China is likely to create a giant oil and gas pipeline company this year as part of the nations effort to reform the State-owned petroleum industry, insiders believe the move will shake up the petroleum sector and break the monopoly in t

China is lining up the construction of new LNG import facilities while also expanding its existing LNG terminal in the Greater Bay area. The area includes the cities of Hong Kong, Macau and nine other neighboring cities in the Guangdong pro

On February 13, 2019, Mr Xie Chunlin, Chairman of CMES met with Mr Kou Jianchao, Vice President of Sinopec Lubricant Company, in Hong Kong. Both parties had friendly and in-depth exchanges of ideas. Mr Wang Yongxin, President of CMES, Mr Ya

China Huadian Corporation Ltd, one of the countrys five leading state-owned utilities, together with privately-run Guanghui Energy Co., Ltd., is laying 171-km Qitong natural gas pipeline that will connect a liquefied natural gas (LNG) recei

Chinas crude oil futures settled lower on Wednesday. The most active contract for April 2019 delivery was down 0.63 percent to 456.4 yuan per barrel, data from the Shanghai International Energy Exchange (INE) showed. China launched its firs

1.Under the agreement, Zhejiang Seaport Group will invest RMB5bn ($740m) to acquire 20% equity shares in SIPGs subsidiary Shanghai Shengdong International Container Terminal Company, the operator of Yangshan Port. 2.Chinas container shippin