With the spread of the coronavirus not yet believed to be at its peak, the oil and tanker shipping markets have responded to the outbreak with a number of operational changes, according to analyst Poten & Partners.
With the coronavirus still in its early stages of the outbreak, global seaborne trade is already reeling from an immediate consequence of dropping demand and freight rates, though the medium to long term implications remain “immensely difficult”...
Liebherr has handed over its first electrically-operated and largest port handling machine to Dafeng port in China’s Jiangsu province.
Jiangxi Provincial Port Group has been officially established to integrate local port resources in the region.
When talking about "Debt Trap Diplomacy" Hambantota International Port (HIP) drew a lot of international media attention.
China’s Ningbo-Zhoushan port recorded 1.12bn tonnes of cargo throughput last year, ranking it as the world’s busiest port for eleven consecutive years.
The former southern shipbuilding group CSSC of the newly restructured China State Shipbuilding Corporation has obtained approval from China Securities Regulatory Commission (CSRC) on an internal restructuring plan.
Qingdao Port International launched the trial operation of the Phase III Dongjiakou Port-Weifang-Central and Northern Shandong oil pipeline project.
Shanghai Chuanbo Assets Management Company has won the bidding to take over the bankrupt shipping company, Guangdong Fenghai Shipping, at a price of RMB1.3bn ($187.2m).
The Chinese port of Ningbo-Zhoushan posted 800,000 teu sea-rail cargo volumes in 2019, with a year-on-year growth of 33.3%.