The Chinese governments objective of suppressing coal and lignite imports in November and December 2018 is adversely impacting demand for Panamaxes and thus rates. Nonetheless, we believe imports will be supported by winter and high-energy

Where do we go to find economic growth that spurs shipping demand in the next five years? According to the International Monetary Fund (IMF), we should look towards emerging and developing countries. The IMF also points out that advanced ec

The first shipment of Fortescue Metals Groups (FMG) new higher grade iron ore left Western Australia on Monday for Hunan Valin Steel Co Ltd in China. The new West Pilbara Fines product comprises a mix of ore from Fortescues Firetail mine an

AN intra-Asia consortium headed by Wan Hai Lines has expanded the port rotation of the China-India Service II (CI2) by adding a direct call at the major public port of Tuticorin that is situated on Indias east coast near Chennai. The China-

JAPANs container line Ocean Network Express (ONE) will be applying a low sulphur fuel surcharge for Taiwan and the China emission control areas (ECAs) next year. Chinas three main port areas and Taiwan are implementing a 0.5 per cent sulphu

The global LNG carrier orderbook is on course to meet LNG production volumes in 2022, according to a new outlook published by Wells Fargo Securities. The LNG orderbook accounted for 23% of the global order book as of last month and the 57 L

In a federal court in Beaumont, Texas, two Greek shipping companies, Avin International, and Nicos IV Special Maritime Enterprises, pleaded guilty this week to charges stemming from several discharges of oil into Texan waters says TankerOpe

1.Swedens oldest passenger shipping company Rederi AB Gotland Group named its new roll-on/roll-off passenger vessel M/S Visborg on Saturday, December 9, in Guangzhou City, capital of south Chinas Guangdong Province. 2.The Japanese liner com

1.COSCO Shipping will add a call to Port Tampa Bay on its Gulf of Mexico Express (GME) transpacific service, with the first vessel, the 4,250-TEU Cosco Piraeus, scheduled to arrive in Tampa on January 28. 2.China will soon deliver a world-c

Saab has received an order from the China Maritime Safety Administration to renew and extend the Vessel Traffic Management Information System (VTMIS) in Shanghai, improving the safety and efficiency of shipping in the worlds largest contain

The Port of Algeciras Authority (APBA) Chairman, Manuel Moron, and the Ningbo Zhoushan Port Group Chairman, Mao Jianhong, signed a Memorandum of Understanding (MoU) that is set to formalize co-operation between both of the logistics powerho

Asian shipping is expressing more confidence in the new year than its global counterparts, according to the latest Confidence Survey issued by international accountant and shipping advisor Moore Stevens. While confidence levels overall fell

Spot rates for shipping containers from Asia to northern Europe in the week ending Friday jumped 7.5 per cent to US$832 per TEU, according to the Shanghai Containerised Freight Index (SCFI). Asia-Mediterranean trade rose 4.2 per cent to $82

The worlds largest crankshaft for 22,000 TEU (twenty-foot equivalent unit) container ship rolled off the production line in Dalian City, northeast Chinas Liaoning Province on Thursday. The crankshaft was produced by Dalian Huarui Heavy Indu

Chinas iron ore futures finished higher on Friday. The most active contract for May 2019 delivery ended the day session up 1.26 percent to 482 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors sinc