The Chinese cruise industry is working on initiatives to stabilize its business environment including negotiating pricing agreements, said Qiang Wu, co-chairman of the China Cruise and Yacht Industry Association (CCYIA) and former president

Capesize A largely disappointing week for those still hoping for a firmer end to the year, but at least by the close of the week rates appeared to have steadied. The rate for West Australia/Qingdao dropped to the mid $8.00s fresh enquiry to

In hosting its 13th edition of World Ocean Week, the port city of Xiamen in East Chinas Fujian province has put its stamp on becoming an international platform for the marine economy especially in terms of the Belt and Road Initiative, acco

Total vessel operating costs in the shipping industry are expected to increase by 2.7 per cent this year and by 3.1 per cent in 2019, according to shipping consultant Moore Stephens latest annual Future Operating Costs Survey. The poll reve

1.In a speech given in an international maritime forum earlier in October,Chief Executive Carrie Lam Cheng Yuet-ngor expressed her concern for the maritime industry facing considerable challenges,and she promised she would provide support t

The 13th China Cruise Shipping Conference and International Expo was the center of attention on Thursday in Shenzhen with a full conference program for an estimated 800 attendees, as well as an adjacent trade show exhibition area. The Chine

1.MacGregor and China State Shipbuilding Corporation (CSSC) have signed a Letter of Intent (LOI) on strategic cooperation on October 29,2018 at an executive level meeting in Beijing. 2.Zhejiang Province plays major role in Chinas import tra

In a speech given in an international maritime forum earlier in October, Chief Executive Carrie Lam Cheng Yuet-ngor expressed her concern for the maritime industry facing considerable challenges. She promised she would provide support to th

Customer experience improves significantly as booking a container with Maersk becomes as easy as booking a flight ticket. Copenhagen 1 November 2018 With the introduction of instant booking confirmation, Maersk customers can now complete th

ExxonMobil has developed a newly formulated 40BN cylinder oil, Mobilgard 540. It is specifically designed to work with the low-sulphur fuels the vast majority of the marine industry are expected to adopt for compliance with the Internationa

Wallem Ship Agency was appointed to handle the recent call of the full-rigged Polish tall ship, the S.V. Dar Młodzieży to Hong Kong. The tall ship arrived in Hong Kong on 26 October 2018 and was berthed at China Merchants Wharf until 29th

Chinas environmental policy has helped to boost scrap usage, according to the Bureau of International Recycling. Most blast furnaces have increased scrap input, and many electric arc furnaces, which process scrap into steel, are being insta

A recent interview given by VPS Group Managing Director, Dr. Malcolm Cooper, regarding marine fuel quality, highlights the issues encountered, or potentially to be encountered, by shipping companies, which we believe our clients will find o

Mr John Platsidakis, speaking at an INTERCARGO event in London posed the question: Are we managing ships or are we managing regulations? We are delighted that Mr Platsidakis will be joining our Slide2Open Shipping Finance Conference on Janu

Chinas gas demand will more than double by 2030, with the industrial sector, the largest energy user, taking 26-30% of total consumption by that time, a Chinese official said on October 31. Liu Xiaoli, a professor at Chinas Energy Research