Hamburg Sd and The China Navigation Company (CNCo), a subsidiary of the Swire Group, have completed the sale of Hamburg Sds dry bulk shipping business, which includes Rudolf A. Oetker (RAO) and the bulk activities in Furness Withy (London a

London-based Baltic Exchange last week confirmed it would adapt its benchmark dry bulk freight indexes to upcoming marine fuel regulations of the International Maritime Organization, called IMO 2020, by continuing to use vessels not fitted

The Singapore Maritime Week (SMW) 2019 will be held from 6 to 14 April 2019. Organised by the Maritime and Port Authority of Singapore (MPA), the nine-day event will gather experts from around the world to share pertinent insights about dev

Chinas state-owned Cosco Shipping Holdings has warned of trade frictions and high oil prices posing risks for the global shipping industry this year, after confirming that its net profit for 2018 fell by more than half. Following its acquis

Chinese state-owned Shipping and logistics services supplier company COSCO Shipping Lines has signed a low sulfur fuel oil (LSFO) supply agreement with Double Rich Limited, a subsidiary of China Marine Bunker (Petro China). According to the

1.Expanded Cosco Shipping Holdings remained in the black in 2018 with a RMB1.23bn ($183.4m) profit and both its container lines, Cosco Shipping Lines and Orient Overseas International Ltd (OOIL), were profitable and reported significant imp

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 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

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

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

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

Chinas first domestically built cruise ship, to be built at Shanghai Waigaoqiao Shipbuilding Co., Ltd. (SWS), will feature a power and propulsion package from ABB. From ABBs perspective the deal includes two Azipod steerable propulsion syst

PetroChina or China National Petroleum Corporation, one of the three oil and gas majors in China, has successfully developed the worlds largest ultra-deep gas condensate base. As of March 25, a total 106.6 billion cubic meters of natural ga