Spot rates for shipping containers from Asia to northern Europe in the week ending Friday increased 1.2 per cent to US$747 per TEU, according to the Shanghai Containerised Freight Index (SCFI). Asia-Mediterranean trade also up 3.7 per cent

Ocean carriers sold half of this years containerships for scrap in the last 30 days, after a slow year for recycling cellular vessels, reports Washington DCs Supply Chain Dive. Some 52 ships totalling 94,000 TEU, were sold for scrap in 2018

Chinas efforts to secure a stable supply of natural gas during the coming winter have pushed the market players to explore new avenues of supply. In a new attempt to alleviate gas shortages in the North, Chinas National Development and Refo

Blue Whale 1, the ultra-deep-water semisubmersible drilling rig, stood out from 2,528 entries to become one of the 10 winners of the 2018 China excellent industrial design award at Chinas industrial design exhibition. The Second China Indus

Genting-owned Dream Cruises has been attracting Mainland tourists arriving in Hong Kong via the newly opened high-speed rail service. As the only cruise company with year-round home-port deployment at Kai Tak Cruise Terminal, Dream Cruises

An array of Chinese ports have shut business temporarily due mainly to heavy smog in recent days, affecting delivery of major bulk commodities like thermal coal, coking coal and iron ore. Qinhuangdao port, the busiest coal transfer hub in n

On November 28, local time, Chinese President Xi Jinping and Spanish Prime Minister Pedro Sanchez jointly met with the Chinese and Spanish representatives of the China-Spain Corporate Advisory Board in Madrid. Executive Vice President of CO

1.Shanghai Waigaoqiao Shipbuilding Co Ltd delivered a 400,000-ton very large ore carrier (VLOC) to China Merchants Energy Shipping Co Ltd on Wednesday. 2.Steel and raw material prices in China tumbled this week,with iron ore being particula

A delegation headed by Zhu Weiming, president of Zhoushan-based Zhejiang Seaport Bulk Commodity Exchange Co, recently visited Taicang port area with the aim of deepening cooperation with its Jiangsu counterpart. Hu Xuefeng from Taicang Port

The worlds first intelligent very large ore carrier (iVLOC), the DNV GL-classed Pacific Vision, was delivered by Shanghai Waigaoqiao Shipyard to China Merchants Energy Shipping Company. Norway-headquartered international accredited registra

The Maritime and Port Authority of Singapore (MPA) continues to prepare the Port of Singapore and Singapore-registered ships for the International Maritime Organizations (IMO) 0.5 per cent fuel global limit for sulphur in fuel oil used on b

The Nautical Institute has launched the second edition of its practical guide to shiphandling in new ice conditions in the Baltic, North Atlantic and St Lawrence Seaway. Handling ships in first-year ice demands specialist knowledge and skil

At a construction site at the estuary of Panama Canal to the Atlantic Ocean, growling gigantic marine equipment, caterpillar cranes, portal cranes and a 27-meter-long high-front shovel from China are busy with the expansion project of Marga

Vestdavit has secured a major breakthrough for its MissionEase multi-boat handling system for mission bays, after winning the contract to equip the Nexans flag ship cable layer Nexans Aurora. The high-end Nexans cable laying vessel (CLV) ha