News
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Major Chinese ports container volume up 2% in late November Photo: Dalian Port
Export container volume dropped 3.5% while the domestic volume grew 26.4%. The port of Dalian posted a growth rate of over 20%. In November, foreign trading empty container volume increased 23.73% while the loaded container volume declined 9.7%. Cargo throughput at major coastal hub ports dr...Read more -
Experts see China and Australia spurring low-carbon economy
The low-carbon field is now the new frontier for China-Australia cooperation and innovation, so deepening collaboration between the two countries in related areas will prove win-win and also benefit the world, experts and business leaders said on Monday. They also said the long history of China-A...Read more -
Baker Hughes charges up development strategies
Global energy company Baker Hughes will accelerate localized development strategies for its core business in China to further tap market potential in the world’s second-largest economy, according to a senior company executive. “We will make progress through strategic trials to better...Read more -
‘Dizzying’ changes to come to maritime industries – ClassNK
The issue covers efforts at the Planning and Design Center for Greener Ships (GSC), the development of onboard carbon capture systems, and the prospects for the electric vessel dubbed RoboShip. For GSC, Ryutaro Kakiuchi detailed the latest regulatory developments in detail and forecasts the cost...Read more -
Britain Launches Dispute Resolution With EU Over Post-Brexit Research
LONDON (Reuters) – Britain has launched dispute resolution proceedings with the European Union to try to gain access to the bloc’s scientific research programmes, including Horizon Europe, the government said on Tuesday, in the latest post-Brexit row. Under a trade agreement signed a...Read more -
Suez Canal to hike transit tolls in 2023
The transit toll increases from January 2023 were announced at the weekend by Adm. Ossama Rabiee, Chairman and Managing Director of the Suez Canal Authority. According to the SCA the increases are based on a number of pillars, the most important of which is average freight rates for various ...Read more -
Container spot rates tumble another 9.7% in last week
The SCFI reported on Friday that the index had dropped 249.46 points to 2312.65 points from the previous week. It is the third week in a row that the SCFI has fallen in the region of 10% as container spot rates tumble steeply from the peak early this year. It was similar picture for Drewry‘s Wor...Read more -
Indonesia July Trade Surplus Seen Narrowing Amid Slowing Global Trade
JAKARTA (Reuters) – Indonesia’s trade surplus may have narrowed to $3.93 billion last month due to weakening export performance as global trade activity slows, according to economists polled by Reuters. Southeast Asia’s biggest economy booked a larger-than-expected trade surpl...Read more -
AD Ports makes first overseas acquisition AD Ports
AD Ports Group has expanded its presence in the Red Ssea market with the acquisition of 70% stake in International Cargo Carrier BV. International Cargo Carrier wholly owns two maritime companies based in Egypt – regional container shipping company Transmar International Shipping Company a...Read more -
China, Greece celebrate 50 years of diplomatic relations
PIRAEUS, Greece – China and Greece have benefited greatly from bilateral cooperation over the past half-century and are moving forward to seize opportunities to strengthen ties in the future, officials and scholars from both sides said Friday during a symposium held both online and offline....Read more -
Jinjiang Shipping adds one Southeast Asia service Fangcheng first LNG terminal ready for international vessels
Katherine Si | May 18, 2022 Started from 1 June, the new service will call at the Chinese ports of Shanghai, Nansha, and Laem Chabang, Bangkok and Ho Chi Minh in Thailand and Vietnam. Jinjiang Shipping initiated services to Thailand in 2012 and the service to Vietnam in 2015. The newly opene...Read more -
Global shipping firms get boost in China
By ZHU WENQIAN and ZHONG NAN | CHINA DAILY | Updated: 2022-05-10 China has freed up the coastal piggyback system for shipping of foreign trade containers between ports within China, enabling foreign logistics giants such as A.P.Moller-Maersk and Orient Overseas Container Line to plan firs...Read more
