Asia

China’s Shanghai port has handled higher container throughput in May compared to the year-ago period, according to Shanghai International Port Group (SIPG).
Cosco Shipping Lines, the container shipping arm of Cosco Shipping Group, is to launch a service from Yangpu in Hainan, China to Yangon, Myanmar on 18 June.
China’s leading port machinery company Shanghai Zhenhua Heavy Industry Co. (ZPMC) has announced the first contract for its intelligent straddle carrier with Hutchison Ports.
Proxy-advisor firm Institutional Shareholder Services (ISS) has called on shareholders of Japanese shipowner K Line to vote against the re-election of its chairman and president at its upcoming annual general…
Container carrier APL announced that its fleet has achieved a 47.4% reduction in carbon dioxide (CO2) emissions per container transported per kilometre in 2018, compared to its base level in…
Cosco Shipping, Sovcomflot, Novatek and Silk Road Fund have inked an agreement to set up and Arctic shipping joint venture to manage icebreaking LNG carriers.
Baltic Dry Index (BDI) continued to strengthen this week due to lower bunker prices and higher forward freight agreement (FFA).
Japanese shipowner K Line is installing as an Airseas kite on the front of one its bulk carriers with an aim of 20% reduction in CO2 emissions, and could install…
Sinopec, China’s largest oil refining company, officially announced the low-sulphur the global marine fuel oil plan and will have the production capacity of 10m and 15m tons by 2020 and 2023 respectively. 
Lloyd’s Register has awarded approval in principle (AiP) to a Hyundai Heavy Industries ‘eco tanker’ design for a VLCC capable of combining volatile organic compounds (VOC) recovered from the cargo…
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