The box volumes handled by HPH Trust edged down slightly in 2017, by just 1%. The total of 24.03m teu reflected mixed fortunes where the Kwai Tsing facility in Hong Kong saw throughput drop 6.6% to 10.62m teu. Hong Kongs poor showing was al

China has confidence in its ability to maintain stable trade growth in 2019 thanks to a raft of positive factors, a senior commerce official said Tuesday. The gradual recovery of global economy, Chinas opening-up efforts and pro-trade polic

Chinas crude oil futures settled higher on Wednesday. The most active contract for March 2019 delivery was up 0.93 percent to 432.5 yuan per barrel, data from the Shanghai International Energy Exchange (INE) showed. China launched its first

Starts: 28/02/2019 Ends: 28/02/2019 Address: The Ritz-Carlton Shanghai, Pudong Shanghai IFC, 8 Century Avenue, Lujiazui, Pudong Shanghai, 200120 China Contact person: Wei Zhuang Contact email: Shanghai@bimco.org Join us in Shanghai for grea

1.The state owned Shanghai Zhenhua Heavy Industries (ZPMC) leading Chinese heavy equipment manufacturer, has announced it is to set up in Fuzhou, Fujian province to expand its business. 2.Hong Kong Marine Department issued a shipping note i

Chinas iron ore and steel futures eased on February 12 after surging to their highest levels in multiple months in the previous session, as speculators tended to sell positions amid concerns over trade talks between Beijing and Washington.

With a year to go before the implementation of the 2020 Sulfur Cap, few topics will be higher on the list of priorities for shipowners than complying with Annex VI of the IMO MARPOL Convention (2008). However, the reduction of sulfur conten

Lloyds Register (LR) and University Maritime Advisory Services (UMAS) have released Zero-Emission Vessels Transition Pathways, a study that aims to show what is needed to enable the transition, both at the ship and supply infrastructure lev

Propeller is the most significant machinery system of the ship. No matter what type of propeller it is, ship owners never make compromises on such important equipment as it directly affects the efficiency and safety of the vessel. Here we d

London OPEC has painted a bearish picture for 2019, with demand for its crude oil expected to fall due to weak demand growth and a sharp rise in output from producers outside the group. The groups 14 members pumped 30.81 million b/d in Janu

Capacity growth on the Asia/Europe maritime routes are set for substantial increases in 2019 and 2020, with vessels aggregating nearly 1.1 million twenty-foot equivalent units (TEUs) set to be delivered in the period, following an increase

Tankers: Tanker values have remained stable. VLCC VL Sakura (298,600 DWT, Mar 2001, Hitachi) sold to Far Eastern buyers for USD 24.0 mil, VV value USD 19.30 mil On Subs. MR2 Ardmore Seamaster (45,800 DWT, Sep 2004, Shin Kurushima Ujina) sol

1.The CEO of the Port Authority of Piraeus, Captain Fu Chengqiu and the President of the North Adriatic Sea Port Authority, Pino Musolino, during a meeting held at the PPA headquarters, signed today a Memorandum of Understanding aimed at st

Chinas container transport for export purposes gained momentum in January due to rising shipping demand ahead of the Spring Festival, according to data from the Shanghai Shipping Exchange. The average China Export Containerized Freight Inde

The 2020 global sulphur cap will be the regulatory game changer of the decade with profound implications for the economics of shipping believes chairman of the International Chamber of Shipping, Esben Poulsson. But there are even more profo